Posts Tagged ‘Automakers’

The end of the 2008 has been the worst year in decades for the auto industry. On Monday they will be putting forward their reports for what is likely to be another month of horrible sales.  The six automaker giants will all be reporting at least a 30% drop in sales during the last month of the year. General Motors and Chrysler are at the bottom ... Full story

The economic turndown has caused the Japanese automobile giant Toyota to experience its first loss in over seventy years of operation. The last decade has seen the company experience rapid growth but it was unable to escape the tide of economic recession which ... Full story

Automakers Chrysler and GM have been thrown a lifeline by the Bush administration. The $17.4 billion promise made by Bush to struggling automakers has won appreciation on one end and has also raised some eyebrows on the other. The idea has been disliked by the Congressional Republicans ... Full story