Monday, November 3, 2008
Analysts: Big 3 woes imperil U.S. economy
Alisa Priddle / The Detroit News
Auto manufacturers and related businesses employ as many as 3.1 million workers across the United States, a broad network of jobs that loom large for federal officials considering taking steps to bolster domestic carmakers whose plummeting sales have created a cash [...]
GM starts Red Tag sales early
Two new direct mail campaigns also launched
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Jamie LaReau
Automotive News | November 3, 2008 – 12:22 pm EST
DETROIT — General Motors said today it is starting its annual Red Tag sale early this year. The sale, which typically begins just before Thanksgiving weekend, will start tomorrow and run until Jan. [...]
Chrysler cut costs to survive downturn, CEO says
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Automotive News | November 3, 2008 – 1:45 pm EST
Chrysler CEO Bob Nardelli
Photo credit: JOE WILSSENS
DETROIT (Reuters) — Chrysler LLC took recent cost-cutting moves to survive a steep sales downturn and the turmoil in financial markets, [...]
The great revenue drop of 2008
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Automotive News | November 3, 2008 – 12:01 am EST
ENLARGE
It has been a truly lousy year for the auto industry, but you knew that. Still, let’s plumb the depths of the 2008 downturn a little further.
Consider that even [...]
Cash crunch grows: GM delays vehicles
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Jamie LaReau
Automotive News | November 3, 2008 – 12:01 am EST
ENLARGE
Major changes to the Chevrolet Malibu, shown, have been delayed a year.
DETROIT — General Motors [...]
Monday, November 3, 2008
Analysts: Big 3 woes imperil U.S. economy
Alisa Priddle / The Detroit News
Auto manufacturers and related businesses employ as many as 3.1 million workers across the United States, a broad network of jobs that loom large for federal officials considering taking steps to bolster domestic carmakers whose plummeting sales have created a cash [...]
