Toyota And Honda Massively Cut Output

Tuesday, March 24th, 2009

In news that should come as no surprise to anyone, Honda and Toyota have both announced that the global financial crisis has put a big dent in their sales figures, causing them to cut output. Toyota announced that their global output has now hit the lowest level in 23 ...

General Motors Future Uncertain

Thursday, March 5th, 2009

General Motors is in big trouble and facing an uncertain future. The company has had a big problem selling vehicles and has amassed a mountain of debt in the process. After announcing a $30.9 billion loss last week, many experts are beginning to wonder if the beleaguered car ...

GM Feels Positive Developments Coming For Auto Giants

Wednesday, April 2nd, 2008

GM has been feeling the pinch of an economic slowdown that has lingered on. But representatives from the company say the worst may be over. G.M.’s chief sales analyst, Michael C. DiGiovanni, called the economic stimulus checks, which will be at least $600 for most individuals and include an extra ...