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REPORT: Michigan gives GM tax break but automaker to still halve staff at RenCen
There are roughly 4,000 GM employees working at the company's Renaissance Center headquarters in Detroit. During the restructuring, GM has been working out how many employees to let go and where to put the remainder, and that, for the state of Michigan, meant another few thousand workers unemployed. To lessen the damage, the Michigan Economic Growth Authority (MEGA) has been in talks with GM to limit the number of retrenched employees. The General had committed to maintaining a workforce of 2,500 at the RenCen in exchange for a $50 ... Read more →
Lotus appoints Ferrari designer Donato Coco as new design director Sam Abuelsamid
The upper echelon at Lotus continues to evolve, with today's announcement that Donato Coco has been appointed as the new director of design at the UK sports car maker and engineering consultancy. The ...
McLaren's Whitmarsh reportedly elected to replace Montezemolo as FOTA chairman Noah Joseph
There's only so many chairs one man can sit in at once. But Luca di Montezemolo has made an art out of pushing the limits. In addition to serving as chairman of both Ferrari and the Fiat group, ...
2010 F1 grid comes into focus as Lotus signs Trulli and Kovalainen Noah Joseph
The pieces to the puzzle that is the upcoming Formula One season are coming together bit by bit. In the latest development, the upstart Lotus F1 Racing team has announced the signing of two veteran ...
Retiring Saturn chief Lajdziak to take over Smart USA sales and marketing Sam Abuelsamid
Saturn general manager Jill Lajdziak spent several months this summer and fall working closely with Roger Penske and his staff, trying to iron out the details of the brand's proposed purchase from ...
Featured:First Drive:2011 Toyota Sienna tries to make the minivan cool
Featured:Review:2009 BMW X5 xDrive35d delivers obsolescence to gasoline-powered sibling-
Cut It Out: Toyota's recalled pedal modification remedy detailed step-by-step
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BREAKING: Swedish Patient Succumbs - Deal for Saab is dead on the table, GM to wind down brand
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Confirmed: 2011 Ford Mustang GT to offer 412-horsepower 5.0-liter V8
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Zombie meme alert: electric cars cause cancer
Breaking news:
- BREAKING: Swedish Patient Succumbs - Deal for Saab is dead on the table, GM to wind down brand Confirmed: 2011 Ford Mustang GT to offer 412-horsepower 5.0-liter V8 Officially Official: VW and Suzuki tie the knot BREAKING: Whitacre to shakeup GM management, put Lutz in product planning [UPDATE: Confirmed] BREAKING: Mitsubishi Colt is coming to America
Star Search: Fresh talent descends on Jerez for F1 mega test 6 days ago on Autoblog
The biggest football fans don't just watch the NFL. They're watching college football too. If not because they say it's a better spectacle, then simply to see the future pros who'll ultimately be drafted by NFL teams. Formula racing works the same way. (Well, sorta.) There are countless ...
Buick-GMC general manager Michael Richards leaves after just nine days on the job 8 days ago on Autoblog
Nine days ago, we posted about Michael Richards getting Susan Docherty's old post at General Motors, brand manager for Buick-GMC. Today, he walked away. According to The Detroit News, the official (yet still unofficial) reason is that Richards' previous employer – Trinity Automotive in ...
Chevrolet Vice President Brent Dewar retires from GM 8 days ago on Autoblog
In yet another "that didn't take long" moment from General Motors, Chevrolet's vice president, Brent Dewar, has retired after being appointed in July by recently-ousted CEO Fritz Henderson. GM's vice president of Sales, Service and Marketing, Susan Docherty, made the announcement late today, ...
Mad Money host Jim Cramer calls Whitacre 'assassin of the bad' 9 days ago on Autoblog
We've spilled some ink about CNBC Mad Money host Jim Cramer before, the financial expert who – as The Daily Show pointed out – missed the whole Great Depression 2.0 thing. Of course, it's not fair to single out Mr. Cramer, as 99 out of 100 economists thought credit default swaps based ...
REPORT: Spencer Stuart tasked with finding new GM CEO 10 days ago on Autoblog
Headhunting firm Spencer Stuart is without doubt on the speed-dial lists of bailed-out firms, having placed chairmen, CEOs, Chrysler Group LLC, and board members for AIG, Citigroup Inc., Freddie Mac, Fannie Mae, and GMAC. Then they flew over General Motors so that Ed Whitacre, Jr. could heli-drop ...
Here's the Plan: GM reveals how it will deal with shuttered dealers' complaints 14 days ago on Autoblog
Back in May, General Motors announced plans to close down a large portion of its dealership network. Since then, a number of those franchisees have lodged complaints to both the automaker itself and appropriate policymakers, leading to possible legislation on how GM is allowed to handle the ...
Is Peugeot-Citroën on the verge of buying Mitsubishi? 14 days ago on Autoblog
The French and the Japanese have gotten together to form a magic partnership once already with Carlos Ghosn at the helm. The question is, then, can that success be replicated? PSA Peugeot-Citroën seems to hope so, and it is reportedly on the verge of purchasing a controlling stake (somewhere ...
BREAKING: Whitacre to shakeup GM management, put Lutz in product planning [UPDATE: Confirmed] 14 days ago on Autoblog
Having just been appointed interim CEO at General Motors earlier this week, ex-AT&T man Ed Whitacre isn't wasting any time in exercising his newfound authority. According to The Wall Street Journal, Whitacre is to announce a number of management changes this morning, including moving Vice ...
Fifth Gear: Hope yet for Britain's other car show? 15 days ago on Autoblog
Our heart goes out to the crew at Fifth Gear. It really does. Because it's got to be tough living in the shadow of the BBC show that spawned it. We're talking about Top Gear, of course, and by any other yardstick, Fifth Gear is a fantastic car show. But its popularity has never approached what ...
Michael Richards named Buick GMC general manager 16 days ago on Autoblog
Fritz Henderson's unexpected resignation may have taken top billing today, but it wasn't the only move announced by General Motors today. Michael Richards has been named the new General Manager of Buick GMC effective immediately, with the automaker looking from outside the company to fill the ...
BREAKING: GM CEO Fritz Henderson steps down 17 days ago on Autoblog
Well, that was quick. Fritz Henderson, the recently appointed CEO of General Motors, is stepping down. Company chairman of the board Ed Whitacre (remember the "Satisfaction Guaranteed" commercials, that's the guy) is set to act as the interim CEO until a permanent replacement is found. This ...
Global search reportedly on to find successor for Ratan Tata 17 days ago on Autoblog
Three years ago the retirement age for Tata's holding company was upped to 75. Although Ratan Tata is only 71, there is no obvious successor to take his place at the head of India's global conglomerate, so the search has begun for the leader of the next act. Whoever that person is will take ...
Danica Patrick signs multi-year deal to stay in IRL with restructured Andretti Autosport 18 days ago on Autoblog
There are plenty of reasons why Danica Patrick stays in the news. If it's not her famous temper, photo shoots for Sports Illustrated or racy television commercials, it's her impressive results on the race track. She is, after all, the first woman to win an Indy race and, after finishing third at ...
Who will succeed Mullaly at Ford? It's never too early to start handicapping 22 days ago on Autoblog
When Alan Mulally arrived at Ford Motor Company three years ago, the Blue Oval was in bad shape. New product wasn't exactly pouring in and the company's cash hoard was steadily shrinking. And word on the street is that the corporate culture at Ford was in as much trouble as the product lineup, ...
GM swings the axe: 9,000 Opel jobs likely to be eliminated 23 days ago on Autoblog
General Motors shouldn't expect to achieve David Hasselhoff-level popularity in Germany anytime soon. The Detroit News reports that since GM has elected to keep and restructure its Opel division, 9,000 jobs (or somewhere thereabouts) will likely be cut, with the majority of those losses expected ...
REPORT: Toyota may pull people out of CA, relocate to KY and MI [UPDATE] 23 days ago on Autoblog
While the majority of Toyota's jobs are still in Japan, the auto juggernaut has also accumulated a 34,000-employee empire here in the U.S. as well. Those jobs are scattered among ten manufacturing facilities and three main office complexes in Michigan, Kentucky and at the company's North American ...
Williams sells minority stake to Austrian investor 23 days ago on Autoblog
With all the money that goes into running an F1 team, and the limited opportunity to make any of it back, we can't see why anyone would view owning a team as a sound investment. Evidently Herr Toto Wollf feels otherwise, as the Austrian financier and gentleman racing driver has acquired a minority ...
BREAKING: Koenigsegg backs out of Saab purchase, brand future up in the air 24 days ago on Autoblog
After riding in on a white horse, Koenigsegg Group AB has pulled out of negotiations to buy Saab from General Motors, leaving the Swedish automaker's future very much in doubt. In a brief statement issued by GM (available after the jump), president and CEO Fritz Henderson says that the company ...
Officially Official: Mercedes GP confirms Nico Rosberg for 2010 24 days ago on Autoblog
Following earlier speculation, the newly-acquired Mercedes Grand Prix team has confirmed its first driver for the upcoming Formula One season. As expected, Nico Rosberg will be switching places with Rubens Barrichello, the departing Brawn GP driver who moves to Williams for next year. 24-year-old ...
REPORT: USF1 signs pay-drive deal with Jose Maria Lopez 25 days ago on Autoblog
Reports circulating the motorsport press indicate that USF1 has signed a provisional contract with Argentine driver Jose Maria Lopez to drive for the new team next season. The arrangement, however, depends on Lopez bringing with him $8 million in sponsorship dollars, of which the young South ...
Universal Soldiers: F1 aces Raikkonen, Vettel and Kubica lured by rallying 26 days ago on Autoblog
It used to be that a racing driver would pick his form of motorsport at the beginning of his career and stick with it for the duration. Sure, there have been a few notable exceptions – especially among the Finns – but these days, it seems as if the exceptions are gaining on the norm. ...
Mercedes Grand Prix searches for drivers while dispelling board's concerns 29 days ago on Autoblog
With two manufacturers leaving the series, four new teams joining the grid and a giant game of musical chairs amongst the drivers ensuing, the off-season between the 2009 and 2010 Formula One World Championships is packing in as much action as the racing itself. But few developments have garnered ...
BREAKING: Jenson Button joins Hamilton for twin-champ McLaren "super team" 1 month ago on Autoblog
It's not every day that you see two World Champions teamed up together – especially not the two most recent. In fact, that bit has never happened before in Formula One history, but that's exactly what we'll see next year as McLaren has announced the teaming of Jenson Button and Lewis ...
REPORT: 65,000 seek jobs to build VW's New Midsize Sedan in Tennessee 1 month ago on Autoblog
You probably already know just how bad the employment situation is here in the States, and if you don't, nationwide unemployment is right around 10% – and that doesn't include those who took lower-paying part-time jobs in place of a lost full-time job. That's bad news for us, but at least ...
REPORT: Ferrari figures Raikkonen, Schumacher and Montezemolo to leave their F1 posts 1 month ago on Autoblog
The times they are a-changin' in Maranello. As if the departures of Michael Schumacher, Ross Brawn and Jean Todt over the past few years wasn't enough to shake things up for the Scuderia, a new round of change-ups is looming on the horizon. First up is Kimi Raikkonen, the 2007 World Champion ...
GM Executive VP Nick Reilly named interim CEO at Opel/Vauxhall 1 month ago on Autoblog
It's been one heck of a week for Opel. After months of negotiations between Magna and its partners on the one hand and General Motors on the other, the American parent company opted to hold on to its European subsidiary. In the wake of the decision, Opel's chief executive Carl-Peter Forster ...
REPORT: Ex-Opel chief Carl-Peter Forster may take over at Jaguar-Land Rover 1 month ago on Autoblog
It appears that outgoing Opel chief Carl-Peter Forster may have already lined up a new gig for himself. According to The Times of London, Forster will become an employee of Tata Motors and take the top job at Jaguar-Land Rover. If this appointment comes through, it will be something of a ...
Mo' Money, Fewer Problems: Can Raikkonen earn more by not racing? 1 month ago on Autoblog
If you scoffed at the notion that unionized auto workers were being paid not to work, you're going to love this one: According to reports emerging from Europe, Kimi Raikkonen could stand to make more money next year if he doesn't race than if he does. The bizarre circumstance comes down to ...
REPORT: Opel President Carl-Peter Forster quits after sale collapse 1 month ago on Autoblog
German magazine Der Spiegel is reporting this morning that Opel President Carl-Peter Forster has resigned from General Motors following the board's decision to kill the sale of a majority stake to Magna International. Apparently, Forster was disgusted at the way that GM officials handled the ...
Bruno Senna to race in F1 next season with Campos Meta 1 1 month ago on Autoblog
The past few years in Formula One have seen an unprecedented return of legendary family names to the sport: names like Villeneuve, Piquet and Rosberg. But the most hyped scion of racing fame has been Bruno Senna. The nephew of the late, great Ayrton Senna was rated highly by his world-champion ...
Williams F1 signs Barrichello and Hulkenberg for 2010 1 month ago on Autoblog
The latest piece of the intricate puzzle that is the shake-up in drivers for the 2010 Formula One World Championship has come into play as Williams has confirmed its line-up for next season: Replacing Nico Rosberg and Kazuki Nakajima will be Rubens Barrichello and Nico Hulkenberg. Barrichello ...
Autoblog Podcast #157: Mike Levine trucks along with us.
Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too!
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