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Before BP could stem the oil gusher at the bottom of the Gulf of Mexico, it unleashed $100 million in ad spending, largely on network TV, to stem the damage to its image. But it also started spending heavily where it had never spent much before: buying.
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The Swedish government has held emergency talks with unions to prepare for the possible closure of Saab, despite new offers for the carmaker.
Enterprise Minister Maud...
made popular Dec 23 2009
In a completely off the wall attempt to shovel bile onto a fledgling automaker, GM’s Engineers begin the first round of verbal and slanderous attacks on Mealer...
made popular Jun 10 2009
General Motors has been hemorrhaging customers for decades. For the last 30 years, it has been losing almost one percentage point of market share every year. It sold 45...
made popular Jun 3 2009
President Obama said Monday that the U.S. government had no interest in taking an ownership stake in General Motors Corp. But faced with two other bad options —...
made popular Jun 2 2009
In a not-wholly surprising move, America’s ailing automaker Chrysler has filed for bankruptcy. The deadline for coming up with a viable plan for survivor or else...
made popular May 1 2009
Pedal to the metal and the silence is deafening, but the acceleration is nevertheless shocking. Ever so quietly, another race towards the age of electric motoring...
made popular Dec 8 2008
Congress was decidedly unimpressed by the three domestic auto makers’ plea for a bailout last week and responded by asking them to do the impossible: conjure up...
made popular Nov 28 2008
Some lawmakers lashed out at the CEOs of the Big Three auto companies Wednesday for flying private jets to Washington to request taxpayer bailout money.
made popular Nov 20 2008
General Motors Corp. is recalling 857,735 vehicles equipped with a heated windshield wiper fluid system for a potential short-circuit problem, according to federal...
made popular Aug 29 2008
In order to tap one of the fastest growing car market, General Motors is putting up an engine factory in Maharashtra
made popular Aug 28 2008
General Motors’ sales in North America fell by 20% owing to falling demand of pick-up trucks and sports utility vehicles. GMs quarterly loss amounts to $15.5bn...
made popular Aug 2 2008
For the designers, Concept Camaro Coupe is a benchmark that could only be described by three words dynamic, strong and memorable. Its design carries influence of the...
made popular Mar 28 2008
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FILE - In this Feb. 19, 2009 file photo, the Saturn logo is seen on a car at a dealership in San Antonio. General Motors on Monday, May 4, 2009 said it is retaining a former company adviser to help it review potential buyers for its Saturn brand. The...
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