Toyota Cuts Sales Forecast Again, Still Expected To Top GM

Toyota's previously reported group-wide global sales forecast cut has gotten bigger. The company now estimates sales will fall by 350,000 additional units, for a 2008 worldwide estimated total of 9.5 million vehicles. More significantly, Toyota brand sales in the U.S. are now expected to drop 7% from 2007; this,… » 7/28/08 9:20am 7/28/08 9:20am

Jalopnik Crashes GM's New Global Powertrain Engineering Center In SE…

In a move that GM Chairman and CEO Rick Wagoner described as "A major step forward for General Motors," the company today dedicated its new Global Powertrain Engineering Development Center. The center is located in Pontiac, MI, spitting distance from the defunct Silverdome — the former home to the Detroit Lions, and… » 7/25/08 5:00pm 7/25/08 5:00pm

GM Not Breaking Up With Big Oil, Just Needed Time To Think

GM just can't quit Big Oil. One week after we reported that the General planned a very public breakup with petroleum, GM is backing away from its new ad campaign. In a statement, GM spokeswoman Kelly Cusinato said, "It's one spot, and it's not in its final creative treatment yet. We don't know if we're going to run… » 6/18/08 9:20am 6/18/08 9:20am