Back in 2009, Barack Obama made a gutsy move at the beginning of his presidency. He used his political capital on an…
GM is recalling 426,240 midsize sedans because the shift cable might break. That means that when you put the car…
Selling used cars is a pretty good business: you buy crappy old cars at rock-bottom prices from desperate people;…
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Chicago's Second City takes on the Clint Eastwood Super Bowl ad and ponders a world where we'd given up on…
The Clint Eastwood Super Bowl Ad was a pep talk for Detroit and a threat to those people who don't think automakers…
Less than two weeks ago it looked like Saab was finally close to selling itself to the Chinese and thus saving the…
A few things you didn't know about Vice President Joe Biden and cars: His dad had GM and Chrysler dealerships (while…
Last week at the Toledo Jeep plant, President Obama asked where local businesses like New Chet's diner would be…
Fiat says it will buy the U.S. government's 6% stake in Chrysler, giving Fiat 52% of the Pentastar. The last time…
Chrysler finally, officially, wired $6 billion to the U.S. Treasury today, paying off the loans used to save the…
Citing poor market conditions HKS USA, formerly one of the largest aftermarket JDM performance companies in the…
Chrysler will announce Thursday its refinancing its debts and paying back the U.S. and Canadian government $6.6…
With shares of General Motors hovering near a post-IPO low, masterminds at the U.S. Treasury have let slip they…
The federal budget deal keeping the U.S. government open eliminates the Obama administration's "car czar" which…
Before General Motors' $4.7 billion annual profit passes down the memory hole, here's a guide to the politicos who…
General Motors says it made $510 million in the fourth quarter and $4.7 billion last year in net income on revenues…
Mitsubishi to discontinue Eclipse neither fast nor furiously, but by 2013. [NYT Wheels]
Toronto-based TD Bank will purchase Chrysler Financial for $6.3 billion. Despite being named Chrysler Financial, the…
Earlier this week, an automotive blogger took to the pages of the New York Times to argue that the Detroit bailout…
In the depths of the financial collapse, the U.S. Federal Reserve pumped $3.3 trillion into keeping credit moving…