Grading The Not-So-Big Three's "Bailout" Plans

We spent the night reading the the not-so-Big Three's business plans presented yesterday to Congress and after we graded them below, we've one huge question. Given the Carpocalypse, what's with the overwhelmingly optimistic sales projections for the next three years? » 12/03/08 10:00am 12/03/08 10:00am

12.5 / 11.0 / 10.5 million units 14.5 / 12.5…

Pickup Trucks Overtake Econoboxes, Return To Top Sales Spot In October

We just saw the following chart of Top 10 retail vehicle sales for October, 2008 showing the Ford F-150 and Chevy Silverado overtaking the Toyota Camry and Corolla. Looks like that drop in gas prices to under $2 per gallon due to a lack of economic growth have already made us forget about the summer pains of high gas… » 11/24/08 3:00pm 11/24/08 3:00pm

Car Industry Carnage: October Sales Wrap-Up

Sales results released yesterday confirmed October was another month of dismal vehicle sales in the U.S. market. Of the top players, General Motors fared worst, seeing sales plunge 45.4% from the same month a year earlier. Chrysler was down 34.9%, while Ford was down 29.2%. Of the import "big three," Nissan dropped… » 11/04/08 8:30am 11/04/08 8:30am

Volvo Trucks Posts 99.7% Decline In Euro Truck Orders Over Last Quarter

One of the behemoths of the global heavy trucking industry, Volvo Trucks, has reported a truly shocking decline in sales for the third quarter of this year. Volvo claims a 99.7% reduction in demand compared to the same period a year ago. That means orders went from 41,970 trucks in the third quarter of 2007 to just… » 10/28/08 8:40am 10/28/08 8:40am