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General Motors is studying whether to drop both the Pontiac and the GMC truck brands in an effort to improve its financial position and avoid looming bankruptcy, according to published reports and industry experts.
Desperate times at GM call for desperate measures.
Whether GM can avoid bankruptcy or not really seems to be an irrelevant question at this point...
I'm taking the Alternate Route on the road for the next couple of days as we head down to Richmond, VA for an AAU basketball tournament. That means a short excursion on the Capital Beltway around D.C. sometime around 6PM...
Chrylser is definitely in dire straights Fiat is putting on the pressure if what I found on MarketWatch this morning is any indication.
LONDON (MarketWatch) -- Italian carmaker Fiat will walk away from Chrysler unless the U.S. carmaker Canadian and American unions agree to significantly reduce labor costs by the end of the month, Fiat Chief Executive Sergio Marchionne told Canadian newspaper the Globe and Mail in a interview published on Wednesday...
AR Index 477.28 +29.19 (+6.52%)
Stocks of individual interest
Toyota 78.71 +5.04
GM 1.71 -0.56
Ford 4.26 +0.49
Dow 8057.81 +81.96 (+1.03%)
One year of tracking the AR Index and it might be useful to look at where we are and where we've been to try and figure out where we're going.
Things are looking up lately with big moves by Toyota and Ford more than counteracting the continued slide of GM. Toyota is up 23% over the last two weeks while Ford is up a fantastic 54% in the same period...
Sometimes you make the turn at the bottom of the hill, sometimes you don't. That's why those runaway truck ramps are nice to have ready in advance.
With the 60 day deadline for getting GM back on course coming closer every day, planning for less than the best outcome is a wise idea...
I was poking around conceptcarz.com this morning and ran across this 1949 Chevrolet GK Styleline Deluxe.
Production of the Chevrolet Styleline began in 1949. It was considered to be among the best-looking GM products produced...
Local Orange County California Magnum owners blog space....
I was recently at Spring Festival of LX's in Irvine, Ca.
Full service powder coating company. www.porterpowder.com
Custom grilles for any makes and models
Yo Dub!
Mah' wheels is great. Man!..
It's spring, or at least the calendar is telling me so as I look out at the snowflakes and get ready to scrape the windshield this morning.
One sure sign of spring is that it's NY Auto Show time and that means concepts!
The Honda FC Sport is a fuel cell vehicle dreamed up by Honda's Advanced Design Studio in Pasadena, California...
Almost nothing but questions.
Will GM get their house in order on their own or will they finally be forced to restructure under bankruptcy protection?
With the government insisting on a leaner company, will all models that don't turn a profit be dropped?..
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