Daily Auto News
According to reports from multiple media sources, President Barack Obama will personally announce that Chrysler has filed for Chapter 11 bankruptcy protection at noon Eastern time today. The move does not mean Chrysler will cease operations or be liquidated. Instead, it protects Chrysler from creditors while the automaker takes steps to reorganize and negotiate a partnership agreement with Italian automaker Fiat.
Daily Auto News
Ford Motor Company has announced a unique approach to luring potential car buyers into the showroom: an appeal to your charitable side.
Daily Auto News
About one quarter of the hybrid vehicles General Motors has sold have been Saturns. Saturn, GM has announced, will be terminated by the end of 2009.
Auto news; VW Sharan Volkswagen has taken the first Sharan mules out on the open roads…
Daily Auto News
Chrysler has less than 48 hours to negotiate a merger with Italian auto giant Fiat or face the withdrawal of federal funding and almost certain bankruptcy. Though many are still skeptical of the Detroit-based automaker’s survival, developments this week have led some analysts to conclude that Chrysler might yet avoid bankruptcy protection.
Daily Auto News
General Motors has begun allowing a handful of auto writers to test drive working prototypes of the much-hyped Chevy Volt, and early reviews say the vehicle that’s meant to save Detroit shows promise. The prototypes aren’t finished Volts. They are what the auto industry calls “mules” — experimental parts of the Volt, built into a working example of a different car. In this case, the mules use the chassis, suspension, steering and body of the 2011 Chevy Cruze, with the Volt’s electric drivetrain built in.
Daily Auto News
Toyota is recalling about 39,000 2008 Highlander and Highlander Hybrid SUVs to correct a defect involving a decorative chrome exhaust tip fitted to some vehicles.
Auto news; Baby Audi’s a Mini marvel Ultra-efficient city car takes firm into new territory – and could be the true spiritual successor to the Mini!
Auto news; Rolls revives Ghost badge Ghost debuted as 200EX, alongside Phantoms
Auto news; Ultra-light IS F on way Hot Lexus to be joined by stripped-out flagship.
