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

Ghosn Loses It, Thinks He Can Sell Car For Three Grand In The U.S.

Nissan CEO Carlos Ghosn is interested in selling a bare-bones car in the U.S. for $3,000. Speaking such crazy thoughts might qualify him as a loony, but if he can actually pull it off he might have a legitimate reason to don that superhero costume again. Nissan and Indian automaker Tata Motors are both planning on… » 10/29/07 3:30pm 10/29/07 3:30pm