News From the Auto Industry

Auburn man jailed on theft charge
An Auburn man was jailed Tuesday on a charge of theft of merchandise from the Wal-Mart store.

Fri, 07 Nov 2008 00:16:20 GMT
The Big Three Auto Makers
Maybe the SUV?s and Crossovers are better mileage at Toyota then the American…. So lets see, the Toyota does not make a car a large and by time you get the efficiency, the car does not have the comfort or carrying capacity of the LeSabre…. The Tundra from Toyota gets 14MPG….

Thu, 06 Nov 2008 18:47:16 EDT
BMW heiress gets back to business - The Age
Gulf TimesBMW heiress gets back to businessThe Age, Australia - 13 hours agoKlatten is also a major shareholder in German luxury carmaker BMW, inherited from her industrialist father Herbert Quandt, who saved the Bavarian firm from …BMW heiress says she was blackmailed by lover Stuff.co.nzUPDATE 2-Altana shareholder Klatten offers to buy co ForbesGerman billionaire to buy chemical group Altana AFPBloomberg - The Associated Pressall 108 news articles

Thu, 06 Nov 2008 11:09:47 GMT
Audi TT Performance Portfolio 1998-2006 - on sale from $16.20
Fri, 07 Nov 2008 00:00:00 GMT
Detroit seeks Congress aid on retiree health care
The leaders of General Motors, Ford, Chrysler and the president of the United Auto Workers union came to Capitol Hill Thursday to discuss billions of dollars more in financial help for the companies, which have …

Fri, 07 Nov 2008 00:17:26 GMT

The Ford cars became the first choice of the people. The GM had to face great challenge and make certain changes in order to compete with Ford. The genius engineer Alfred Sloan accepted this challenge and was quite successful in his attempt. The attractive colors, excellent features, and comfort brought GM back into the market. Many schemes were launched in interest of the public. The rates were reduced and GM planned to change the looks and features every year. This strategy helped to increase the sale of GM and by now, the people were able to buy car on credits.

The history of General Motors clearly suggests that Durant was genius and was truly responsible for growth of GM worldwide. The period from 1915-1920 is regarded as the successful period in history of General Motors. It is in this period that Cadillac became successful around the world and the Chevrolet Motors created history in automobile world. There were many ups and downs but still GM stood firm in all situations. The GM had a lot of competition from Ford and Chrysler.

The company was established by William Durant in 1902 as an investment firm for Buick. Soon, the same year the company purchased the rights from other companies such as Cadillac, Oakland, and Elmore. The financial crisis and stock market panic in 1907 proved to be the golden opportunity for William Durant. The same year he managed to take over many car companies that built car parts as well as car accessories. This process gave birth to General Motors in 1908. The history of General Motors thus began its journey in automobile market.

Porsche Asks Court to Overturn Lower Saxony’s Volkswagen Rights (Bloomberg)
Nov. 6 (Bloomberg) — Porsche SE , the maker of the 911 sports car that plans to take control of Volkswagen AG, will ask a German court today to overturn a rule allowing the government to limit Porsche’s influence over Europe’s largest carmaker.

Thu, 06 Nov 2008 07:18:27 GMT
BMW F800 R : Se desvela en el EICMA el secreto mejor guardado
Por fin llega la más que comentada BMW F800 R, se ha presentado en el EICMA 2008 y su resultado final no es ninguno de los muchos barajados durante estos dos años de espera. La moto deriva directamente de la 800 GS de la que coge su motor al completo, que a su vez es una […]

Thu, 06 Nov 2008 03:39:22 -0800
BMW introduces LO Rider motorcycle concept
BMW has been out of the cruiser market since it stopped building its R 1200 C models a few years back. The market shift towards ever-larger engines was what prompted the German marque’s withdraw, as the firm’s latest Boxer engines just …