Recent Detroit Breakdown Posts
[Posted on November 10, 2009 at 11:37 AM]
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Thanks to Volkswagen's merger with Porsche, the combined company has finally sped past Toyota to become the world's largest automaker.
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[Posted on November 4, 2009 at 12:59 PM]
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GM's decision to renege on its plan to sell its Opel unit is a strong statement from the board that it is it, not the U.S. Government, who is running the show.
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[Posted on October 28, 2009 at 12:22 PM]
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Obama administration pay czar Kenneth Feinberg's pay cuts may not be 'vindictive,' but his rationale may be dangerous.
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[Posted on October 27, 2009 at 11:58 AM]
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As expected, venture funded Fisker Automotive announced the purchase of a production facility in Wilmington, Del., from the old General Motors.
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[Posted on October 5, 2009 at 10:46 AM]
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Electric cars may be the future of the automotive industry, so we took a spin in one from Wheego Electric Cars.
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[Posted on September 29, 2009 at 3:20 PM]
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As expected, politicians continue to play politics with government-owned General Motors and Chrysler.
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[Posted on September 28, 2009 at 7:15 AM]
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The assets Chrysler left behind in bankruptcy court lost $344 million in July, the first full month since the automaker closed the sale of most of its operational assets to Fiat.
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[Posted on September 25, 2009 at 10:22 AM]
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We knew times were tough for dealmakers with the volume of M&A down, but did you really need to trade in a 1997 Aston Martin DB7 Volante for a new Toyota Corolla?
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[Posted on September 24, 2009 at 1:30 PM]
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Canada's Magna International may have just driven into a spat between two Russian oligarchs.
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[Posted on August 31, 2009 at 12:05 PM]
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Months after Cerberus' contrarian bets on Chrysler and GMAC were wiped out, the distressed investor is still seeing clients flee its family of hedge funds.
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[Posted on August 20, 2009 at 12:06 PM]
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Co-founder Martin Eberhard has dropped his lawsuit against electric car startup Tesla and CEO Elon Musk, news overshadowed by other developments.
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[Posted on August 10, 2009 at 5:05 PM]
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Jamie Dimon's plans to allow Treasury to auction off J.P. Morgan Chase warrants is as shrewd a decision as Ford CEO Alan Mullaly's refusal of a government bailout.
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[Posted on August 6, 2009 at 7:00 AM]
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While Detroit officials may be looking toward a Chapter 9 filing to steer the Detroit Public School System away from financial ruin, some feel that the move could ultimately do more harm than good.
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