July 20, 2009 General Motors has had a rough few months, filing for bankruptcy and restructuring. But many of the U.S. auto giant's international operations are posting strong gains. In Latin America, brand recognition and price are key factors contributing to GM's success.
July 15, 2009 In all, 21 Chrysler and General Motors plants will be closed permanently or idled over the next few years. In addition to the loss of thousands of jobs, the closures can mean a substantial drop in tax revenue for affected communities. Some cities converted the vacant auto plants into other businesses in an attempt to reinvent their economies.
July 10, 2009 The new General Motors will be far faster and more responsive to customers than the old one, and it will make money and repay government loans faster than required, CEO Fritz Henderson said Friday as the company emerged from bankruptcy protection.
July 7, 2009 Toyota's U.S. sales fell by more than 30 percent in June, and for the third month in a row Ford sold more vehicles than Toyota. To deal with the challenges, Toyota has selected a new president. Akio Toyoda, the grandson of the automaker's founder, is just 53.
June 11, 2009 Beyond bankruptcy, General Motors has a significant problem in this country. It has to do with culture, demographics and perception. The automaker's market share continues to decline nationwide. But it really struggles on the coasts — with affluent and influential consumers. The company is determined to change that.
June 3, 2009 Ford Motor Co. has managed to survive without getting billions of dollars in help from the federal government and without heading to bankruptcy court. Although its position could help win over new customers, it could also put the automaker at a disadvantage.