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Chrysler Broke Even in September

Chrysler Broke Even in September

Chrysler broke even in September and finished the month with more cash than it had at the end of June, the company's chief executive said on Wednesday.

 

General Motors cancels Opel sale

General Motors announces that it has cancelled plans to sell Opel and Vauxhall to Canadian car parts firm Magna.

 

Ford reports surprise $1B profit

Ford reports surprise $1B profit

Automaker says earnings were fueled by cost cuts and Cash for Clunkers rebates.

 

Ford’s Plan to Cut Costs Falls Short in Union Vote

Ford’s Plan to Cut Costs Falls Short in Union Vote

Changes to the workers’ contract that would have allowed cuts appeared headed for certain defeat.

 

U.A.W. and Ford Reach Tentative Deal on Concessions

If union members accept the deal, Ford will gain some of the benefits that General Motors and Chrysler needed bankruptcy reorganization to achieve.

 

GM Completes Hummer Sale Pact

GM Completes Hummer Sale Pact

GM completed an agreement to sell Hummer to China's Sichuan Tengzhong Heavy Industrial Machinery.

 

General Motors to shut down Saturn

General Motors to shut down Saturn

General Motors Co. said Wednesday it would shut down its Saturn division after an agreement to sell it to Penske Automotive Group Inc. fell apart.

 

Veggie-Powered Pickups

Veggie-Powered Pickups

Ford uses the Texas State Fair to serve up its own brand of vegetable-powered pickup trucks.

 

GM to boost output due to clunkers incentives

General Motors Co. will announce increased hours at several factories due to rising sales from the government's Cash for Clunkers program.

 

GM seals deal to sell Saab to Koenigsegg

GM seals deal to sell Saab to Koenigsegg

General Motors Corp. said Tuesday it has signed an agreement to sell its unit Saab Automotive to Sweden's Koenigsegg Group AB, confirming an announcement in June, although government officials warn that more capital is needed before the deal can be closed.

 

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