The Government Will Only Lose About $10 Billion On GM Shares

This is The Morning Shift, our one-stop daily roundup of all the auto news that's actually important — all in one place at 9:30 AM. Or, you could spend all day waiting for other sites to parse it out to you one story at a time. Isn't your time more important? » 10/29/13 9:30am 10/29/13 9:30am

Suzuki: A Way Of Life Through Death

Today, with a heavy heart, we remember Suzuki, the "little Japanese car maker that could" which actually couldn't and finally ended its own life, Kevorkian-style, at the tender age of 27 [1985-2012]. » 11/06/12 10:30am 11/06/12 10:30am

GM earns $4.7 billion in 2010

General Motors says it made $510 million in the fourth quarter and $4.7 billion last year in net income on revenues of $135.6 billion. It's the first time an automaker named General Motors has posted a gain since 2004. » 2/24/11 7:45am 2/24/11 7:45am

GM Closes Historic Willow Run Plant After 68 Years

GM closed the doors of its Willow Run Plant officially last week, writing the final chapter in the story of a building with more history than you might think. » 12/26/10 4:00pm 12/26/10 4:00pm

What The New York Times Op-Ed Page Doesn't Know About Cars

Earlier this week, an automotive blogger took to the pages of the New York Times to argue that the Detroit bailout didn't work. Why can't the New York Times op-ed page find writers who know anything about the auto industry? » 12/17/10 1:00pm 12/17/10 1:00pm

Ford, BMW, Toyota Took Secret Government Money

In the depths of the financial collapse, the U.S. Federal Reserve pumped $3.3 trillion into keeping credit moving through the economy. It eventually lent $57.9 billion to the auto industry — including $26.8 billion to Ford, Toyota and BMW. » 12/02/10 4:00pm 12/02/10 4:00pm

Why Is GM Hiding Its Old Logo?

The "new" General Motors gets listed on the New York Stock Exchange in just 30 minutes. For now, watch GM get it's name plastered on the outside of the NYSE. By the way, where's the "old" big blue logo? » 11/18/10 9:00am 11/18/10 9:00am

America's Abandoned Auto Dealerships

Last week we solved the mystery behind an abandoned Ohio car dealership caught on Flickr. Our story set off a flurry of responses from readers about similarly abandoned sales relics. Here's a ghostly gallery of America's lost car dealerships. » 9/15/10 11:00am 9/15/10 11:00am

Why GM's IPO Sales Pitch Begins The Day After The Election

General Motors won't start the hard sell of its shares to investors, called a "road show," until Nov. 3, one day after mid-term elections, and the actual IPO now expected Nov. 18. Why? Politics, of course. » 9/02/10 10:00am 9/02/10 10:00am

New UAW President: Keep Your Nonunion Cars Off My Lawn

UAW President Bob King wrote a two-page letter to a reporter explaining why he wasn't allowed to park his Toyota Camry at a UAW hall lot (or any union property): Toyota hates the First Amendment. [KCBJ, Detroit News] » 8/19/10 10:30am 8/19/10 10:30am

Detroit For Sale, Some Assembly Required

The U.S. auto industry may have climbed back from the Carpocalypse, but it's still liquidating much of its old pieces, from forklifts to entire factories. David Traver Adolphus of Hemmings Blog shows what's on the block. » 8/18/10 3:00pm 8/18/10 3:00pm

GM Buys AmeriCredit To Offer More Low Credit Auto Loans

GM is rebuilding GMAC Ally Bank its captive finance arm by buying AmeriCredit for $3.5 billion to increase leasing to low credit and at-risk car buyers. Wait, isn't this part of what got the U.S. into this whole mess? [GM] » 7/22/10 8:30am 7/22/10 8:30am

Pres. Obama Gets Into The Best Car Government Money Can Buy

U.S. President Barack Obama gets out of a Chevrolet Volt following a groundbreaking ceremony in Holland, Michigan today. He reportedly asked "When can Americans buy one?" We already did, Mr. President. We already did. » 7/15/10 6:20pm 7/15/10 6:20pm

PT Cruiser, A Eulogy: It's About Damn Time

Today is the final day of production for the Chrysler PT Cruiser. Once the shining star and gotta-have Chrysler of the moment, the much-neglected PT has finally been put to rest. It serves as a perfect demonstration of Chrysler's failings. » 7/09/10 5:30pm 7/09/10 5:30pm

An Ode To The Mercury Grand Marquis

Mercury is dead. Ford made several half-hearted attempts to re-imagine its middle brand but it was always defined by the Mercury Grand Marquis. Here's a take on grandpa's camouflaged cop car from one passionate owner. [CarLustBlog via Instapundit] » 6/14/10 10:30am 6/14/10 10:30am

Ten Cars That Killed Mercury

Officially, Mercury's dead, but Ford's special platform prostitution diet doomed the brand from the start to a life of mediocrity. But, if we believe the 71-year-old brand ever truly lived, then here are the ten cars that killed Mercury. » 6/02/10 5:01pm 6/02/10 5:01pm

Mercury, A Eulogy: Death By Indifference

Seven decades after its birth, Mercury is dead. We don't mourn the loss, but we don't rejoice, either. To be honest, we don't feel a thing. Do you care? Does Ford? Does anyone? » 6/02/10 4:30pm 6/02/10 4:30pm

Chrysler Turns A Profit With Caveats

Chrysler announced $143 million first quarter profit and a slight revenue increase. It's good news if you ignore how little they likely spent, the many obligations bankruptcy shed, and the amount of market share they need to sustain themselves. [Chrysler] » 4/21/10 9:00am 4/21/10 9:00am