Projo Cars Blog

November 1, 2009 - November 7, 2009 Archives


GM boss: US aid can be used to fix Opel if needed

1:20 PM Thu, Nov 05, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

General Motors could tap some of the $50 billion in aid it has received from the U.S. government to help finance its plan to restructure......

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Long, winding roads for three iconic marques

1:20 PM Thu, Nov 05, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

For my research into Wednesday's article on Bob Roy's 1988 Buick Reatta, Roy leant me his copy of the February 1988 issue of Automobile. The......

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October sales good news with footnotes

1:20 PM Thu, Nov 05, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

There was a lot of encouraging news this week, with last month's U.S. auto sales indicating the market may have finally bottomed out. Most carmakers......

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Toyota surprises with profit, boosts forecast

9:23 AM Thu, Nov 05, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Toyota announced Thursday a surprise profit last quarter and trimmed its projected red ink for the year, underlining the gradual recovery under way for Japan's......

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As Chrysler sits on blocks, what will Fiat do to fix it?

11:00 AM Wed, Nov 04, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Fiat and Chrysler Group are scheduled to spend an almost unblievable six hours Wednesday briefing analysts and journalists about the U.S. automaker's five-year business plan,......

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Germany fumes over GM ditching Opel sale to Magna

10:23 AM Wed, Nov 04, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

BERLIN -- Germany's politicians fumed with anger and Opel workers canceled cost concessions and readied walkouts after General Motors abandoned the sale of its European......

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Auto sales show industry beginning to stabilize

5:14 PM Tue, Nov 03, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

After months of roller coaster-like sales, the auto industry offered signs of recovery from its yearlong slump on Tuesday, as most automakers reported higher levels......

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General Motors sales rise 4.7 percent in October

2:29 PM Tue, Nov 03, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

General Motors said its October sales rose 4.7 percent over the same month last year, a sign that the U.S. auto market was starting a......

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Prices at the pump taking a breather

12:56 PM Mon, Nov 02, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Gasoline's post-summer ascent took a breather below $2.70 a gallon Monday, as consumers begin to decide whether the money they pour into their tanks will......

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Ford surprises with $1B profit; sees profit in 2011

10:01 AM Mon, Nov 02, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

DEARBORN, Mich. -- Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion......

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