Partnerships

In an effort to improve their financial situation, Ford Motor Company has sold two thirds of their stake in Mazda. The move garnered Ford $538 million in cash, and now has Ford with only a 13% stake in the Japanese automaker (Ford is still the largest shareholder). The… → Read More

Convinced that U.S. Automakers are in big trouble, President Elect Obama is seeking a $50 Billion bailout that could inject enough money to get the automakers through their current crisis. If approved, the measure would need the support of President Bush, a Czar would be placed in charge… → Read More

In news that for some is no surprise, Circuit City, the second largest electronics retailer in the U.S., has filed for bankruptcy. The company plans to stay open for business through the holiday season, and in what seems an odd statement, it may actually help the situation for… → Read More

If we all thought the merger process of Sirius and XM brought interesting times, imagine all of the comments that will come if Chrysler and GM pull the trigger on a rumored merger/acquisition! One thing that may be certain is that the auto companies can cite a “failing… → Read More

While reading some articles hitting the headlines today, I noticed one for the Detroit automakers. Since Sirius XM is obviously dependant on OEMs, I decided to take a look. The $25 Billion that the government is putting up is actually not a true bailout, it is a loan…. → Read More

I and it seems many other GM consumers, received an email today from General Motors. It would appear that OEMs may start to do their part regarding possible merger confusion. Here is the email: At GM, we’re focused on each and every aspect of our owners’ driving experience…. → Read More

During the proposed merger of Sirius and XM, the National Association of Broadcasters made point after point that they were all about local content. So strong was the feeling that they lobbied strongly to ensure that satellite radio not be allowed to broadcast local content through their repeaters…. → Read More

General Motors has announced that all 2008 and some 2009 vehicles will be available to every day consumers for the employee discount. The Employee Discount promotion started in 2005 and boosted GM’s sales in a big way. Other auto makers have offered similar promotions as well from time… → Read More

Being in Times Square New York affords the opportunity to see many things. Today I saw that the American Muscle Car is alive and well. I also saw enthusiasm from passers by, and people very interested in Dodges return to Muscle Car glory. Passers by stopped and were… → Read More