INDUSTRY NEWS
The calm after the storm
Holden’s American-born boss steps up to the plate swinging at the official Holden media briefing at Fisherman’s Bend this morning. Wheels’ Bruce Newton reports.
Holden stands alone
It’s business as usual for Holden, despite its parent company going under.
Broke and broken
GM files for bankruptcy protection with an unmovable deficit of $US172.8 billion in debts. The Official GM statement
Fiat gets Chrysler, while Opel goes to pieces
Much of the spotlight has been on the GM restructuring but meanwhile Fiat has dipped out on Opel. Large chunks have gone to parts supplier Magna and to a Russian company, while Fiat focuses on Chrysler.
Ford left out in the cold?
Ford fears it may be forgotten in the US government’s grand plans to resurrect its car industry
Suzuki bucks the trend
Finishes in the black again, like it has every year since 1950.
The General’s last stand
Angry bondholders may have finally fired GM straight into Chapter 11 of the bankruptcy book, as the Obama administration and GM boss Fritz Henderson prepare to address the media tomorrow.
Two recalls for Pontiac G8
More bad news for Holden fans, with the now-defunct Commodore collaboration suffering a recall.
SsangYong finds a lifeline
The Korean carmaker has kept liquidators at bay with promisees of a full company restructure and new eco-friendly models.
Shrink wrap
Nissan recalls over 360,000 first-gen Murano SUVs in the USA due to shrinking intake ducts.
He’s no kidder …
Chrysler has appointed C. Robert Kidder as the new chair of Chrysler Group.
Cash for clunkers
Audi Australia boss calls for incentives to scrap old cars to aid the car industry, road safety and the environment.
Audi swims against the tide
Audi continues to sell up a storm, but it won’t catch BMW. This year …
Toyota forecasting A$11.3 billion loss
Wrong products for the times and no quick return to the black for the world’s number one car manufacturer.
Jaguar Land Rover near collapse?
JLR and Tata warn the British Government: no loan guarantee, no guarantee of existence.
US Mail: The beginning of the end?
Wheels US correspondent John Lamm sits on the sidelines as Chrysler’s fight reaches its final minutes …
Sleeping satellites
It’s official – Porsche and Volkswagen emerge from merger talks with a united plan.
Ford says Tata to Jaguar and Land Rover
The Americans are ready to sell, and it’s an Indian company that leads the bidding war for the two famous British marques.
Bleeding dealerships and death threats
The latest update in the Chrysler bankruptcy saga.
Billion dollar blow for Holden as GM confirms Pontiac to be axed
Holden-built G8 a casualty as Pontiac heads towards the knackery.
GM euthanises Pontiac brand
Pontiac falls victim to GM re-oganisation. Repercussions for Holden?
Chrysler poised for imminent bankruptcy filing
US Treasury pushing for Chapter 11 bankruptcy for troubled Detroit car maker, but Fiat – itself operating in the red – is happy to complete planned alliance.
Dollar dazzlers
GM’s CFO admits the company won’t make its June 1 repayment deadline, and will take its chances with its debtors instead, while Ford is offering dealerships for a dollar.
Karmann gone
Long-time coachbuilder Karmann files for insolvency.
