President and CEO of the Ford Motor Co., Alan Mulally, says he will work for $1 a year if they have to take from the government loan money. In addition, Full Article »
Bottom line from the US Automakers: Pay $25 billion now or risk over $150 billion with millions of jobs lost later if nothing is done. Pretty serious if you ask Full Article »
CNN recently posted a very interesting article about the dreadful consequences a failed GM would cause. Not only would the Automotive Industry suffer but the whole economic structure in America Full Article »
DETROIT — Auto sales at General Motor, Ford Motor Co. and Toyota Motor Corp. plunged in October as the U.S. industry braced for what may be the weakest monthly sales Full Article »