Auto Knight

Daimler Loses $1.9 Billion

Tuesday, February 17th, 2009

Add Daimler to the list of auto companies who are down in sales and profit. Daimler said it lost $1.9 billion in the final quarter of 2008. They lost substantial amounts of money due to lower sales volume of their flagship Mercedes-Benz line, as well as a huge ...

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Chrysler Halts Production

Thursday, December 18th, 2008

Chrysler has announced their halting production for the next 30 days as the company waits for its' second government bailout. They are not alone as Ford and GM announced the same plan, the same woes, and the same aspirations of getting a reprieve from Uncle Sam. GM, the biggest U.S. ...

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