GM and Ford 'rightsizing' at home
US: Ford reduces full-year loss by nearly $US10bn
Ford Motor Company on Thursday reported a 2007 full-year net loss of $2.7bn ($1.35 per share), a significant improvement compared…
US: Next generation Corsa for US
General Motors will sell the next generation Corsa in the US, but will not ship it in from Europe. Product…
US: Ford could make more cuts – CEO
Ford’s chief executive Alan Mulally has said the automaker could make more cuts if it can't lure more customers into…
US: GM to offer 46,000 workers buyouts
General Motors is to extend buyouts to a total of 46,000 hourly paid workers as it continues its restructuring plan.…
US: GM sees green future for Saturn
General Motors finally seems to have found a role for Saturn, its ‘alternative’ brand, launched in 1991 in a bid…