President Obama visits Michigan – the heart of the U.S. auto industry – today on a mission to convince taxpayers that their investment in the bailouts of General Motors Co. and Chrysler Group LLC will bring a return.
Tags: Auto Industry, Chrysler, Chrysler Group, Chrysler Group LLC, General Motors, General Motors Co., Group Llc, Heart, Investment, Michigan, Obama, Success, Taxpayers, U S Auto, United States
President Barack Obama, in the heart of the U.S. auto industry, told a crowd of workers that the government bailouts of General Motors Co. and Chrysler Group LLC are giving taxpayers a return on their investment.
Tags: Auto Industry, Barack Obama, Chrysler, Chrysler Group, Chrysler Group LLC, Crowd, General Motors, General Motors Co., Group Llc, Heart, Revival, Taxpayers, U S Auto, United States
In exchange for U.S. bailout money that reached $85 billion, the auto industry has been restructured, and ‘you now have all those auto companies showing a profit,” Obama said.
Tags: Auto Companies, Auto Exchange, Auto Industry, Bailout, Money, Taxpayers, United States, USD
Forget all that talk about cost-cutting and quality improvements — itand#8217;s the race for new technology that is motivating auto industry leaders around the world this year.
Tags: Auto Industry, Auto Issue, Cost Cutting, Execs, Industry Leaders, New Auto, New Technology, Quality Improvements
Lynn Tilton, who favors wearing diamonds and buying diamonds in the rough, is charging into the auto industry — at a time when most of her private-equity predecessors are happy to be out.
Tags: Auto Industry, Auto Parts, Buying Diamonds, Lynn Tilton, Predecessors, Private Equity
GM’s drive to revamp its Opel/Vauxhall operations will only make a small dent in the European auto industry’s overcapacity.
Tags: Auto Industry, European Auto, Gm, Gm Plant, Opel Vauxhall, Overcapacity
Investors are beginning to show renewed interest in the automotive industry after months of near-frozen credit markets, bankruptcies and plummeting stock prices. In the last month, Ford Motor Co.
Tags: Auto Industry, Auto Show, Auto Signs, Automotive Industry, Bankruptcies, Credit Markets, Ford, Ford Motor, Ford Motor Co., Industry Stocks, Signs Of Life, Stock Prices, Wall Street, Wall Street Investors
France, Germany and other European nations have created overcapacity by subsidizing the auto industry, a problem that should be fixed by streamlining the sector as the United States has done, Fiat S.p.A.
Tags: Address, Auto Industry, Europe, European Nations, Fiat, Fiat S.p.A., France, France Germany, Germany, Overcapacity, United States
France, Germany and other European nations have created overcapacity by subsidizing the auto industry, a problem that should be fixed by streamlining the sector as the United States has done, Fiat S.p.A.
Tags: Address, Auto Industry, Europe, European Nations, Fiat, Fiat S.p.A., France, France Germany, Germany, Overcapacity, United States
As the auto industry goes, so goes the Detroit auto show. That fact was particularly unkind in January, when struggling automakers opted out of the show to conserve their marketing budgets. Attendance fell, too. The 2010 show, Jan.
Tags: Attendance, Auto Industry, Automakers, Budgets, Detroit, Detroit Auto Show, Exhibits, Marketing, Uptick
As the auto industry goes, so goes the Detroit auto show. That fact was particularly unkind in January, when struggling automakers opted out of the show to conserve their marketing budgets. Attendance fell, too. The 2010 show, Jan.
Tags: Attendance, Auto Industry, Automakers, Budgets, Detroit Auto Show, Exhibits, Marketing, Uptick
The U.S. auto industry may be caught in an “airline-style” cycle of repetitive bankruptcies because of weak sales and a glut of production capacity, Fitch Ratings said today.
Tags: Airline, Auto Industry, Auto Report, Auto Sector, Bankruptcies, Fitch Ratings, Glut, U S Auto, United States
A crew of auto industry veterans and financial executives will replace six of Lear Corp.’
Tags: Auto Industry, Financial Executives, Industry Veterans, Lear Corp
The U.S. auto supply industry averted catastrophe during the implosion of vehicle sales this year but more than half of the private companies still standing are distressed, an industry consultant said on Monday.
Tags: Auto Industry, Auto Supply, Catastrophe, Implosion, Industry Consultant, Private Companies, Supply Sector, U S Auto, United States
The auto industry’s scramble into new kinds of vehicle power has unleashed a tidal wave of technology patents that will make their way into vehicles in the coming decade.
Tags: Alternative Power, Auto Industry, Decade, Power Surge, Technology Patents, Tidal Wave
General Motors Co.’s and Chrysler Group’s dealer cuts will erode the companies’ market share in small- and mid-sized markets, auto industry researcher David Cole said last week.
Tags: Auto Industry, Chrysler, Chrysler Dealer, Chrysler Group, David Cole, Feds, General Motors, General Motors Co., Market Share, Researcher, Sized Markets
General Motors Co.’s and Chrysler Group’s dealer cuts will erode the companies’ market share in small- and mid-sized markets, auto industry researcher David Cole said last week.
Tags: Auto Industry, Chrysler, Chrysler Dealer, Chrysler Group, David Cole, General Motors, General Motors Co., Market Share, Researcher, Sized Markets
General Motors Co.’s and Chrysler Group’s dealer cuts will erode the companies’ market share in small- and mid-sized markets, auto industry researcher David Cole said last week.
Tags: Auto Industry, Chrysler, Chrysler Dealer, Chrysler Group, David Cole, General Motors, General Motors Co., Market Share, Researcher, Sized Markets
Ford Motor Co. is expected to post a narrower quarterly loss with support from the U.S. government “cash for clunkers” program, but the focus will be on the outlook for the U.S. economy and auto industry sales.
Tags: Auto Industry, Economy, Focus Ford, Ford, Ford Focus, Ford Motor, Ford Motor Co., Government Cash, Government Program, Outlook, Quarterly Loss, U.S. government, United States
Ford Motor Co. is expected to post a narrower quarterly loss with support from the U.S. government “cash for clunkers” program, but the focus will be on the outlook for the U.S. economy and auto industry sales.
Tags: Auto Industry, Economy, Ford, Ford Focus, Ford Motor, Ford Motor Co., Government Cash, Government Program, Outlook, Quarterly Loss, U.S. government, United States
General Motors Co.and#8217;s and Chrysler Groupand#8217;s dealer cuts will erode the companiesand#8217; market share in small- and mid-sized markets, auto industry researcher David Cole said this week.
Tags: Auto Industry, Chrysler, Chrysler Dealer, David Cole, Feds, General Motors, General Motors Co., Market Share, Researcher, Sized Markets
General Motors Co.’s and Chrysler Group’s dealer cuts will erode the companies’ market share in small- and mid-sized markets, auto industry researcher David Cole said this week.
Tags: Auto Industry, Chrysler, Chrysler Dealer, Chrysler Group, David Cole, Feds, General Motors, General Motors Co., Market Share, Researcher, Sized Markets
Fisker Automotive Inc. investor Ray Lane says he knows the auto industry bears little resemblance to the Internet and software businesses that have made him and his fellow venture capitalists successful.
Tags: Auto Industry, Backer, Bears, Bets, Fisker, Fisker Automotive Inc., Investor, Ray Lane, Resemblance, Software Businesses, Venture Capital, Venture Capitalists
Fisker Automotive Inc. investor Ray Lane says he knows the auto industry bears little resemblance to the Internet and software businesses that have made him and his fellow venture capitalists successful.
Tags: Auto Industry, Autos, Backer, Bets, Fisker, Investor, Ray Lane, Resemblance, Software Businesses, Venture Capital, Venture Capitalists
Supply-chain managers have one over-riding goal: cut costs. Thatand#8217;s the implication of a survey released Thursday by consultants Grant Thornton and it wonand#8217;t come as a surprise in the auto industry.
Tags: Auto Industry, Chiefs, Grant Thornton, Implication, Supply Chain Managers, Surprise