Automakers to Rid Lineup of Some Car Brands

January 22, 2009


Some favorite consumer car models may be canceled out this year.
Wired PR News.com – Carmakers have resorted to significantly decreasing their product lineups in an effort to reduce costs and increase revenue. As reported in the U.S. News & World Report, six well-known vehicle models are expected to be canceled out this year as automakers […]

Bleak US Auto Sales Outlook Has Carmakers Leary of Tuesday’s November Report

December 2, 2008


Wired PR News.com – The auto industry sales report set to be released on Tuesday has some carmakers bracing for anticipated dramatically low numbers. The National Bureau of Economic Research made official what many had already suspected by stating on Monday that the country had been in a recession for nearly a year. As reported […]

Vote on Bailout for Carmakers on Hold until Sustainability Plan is Handed In

November 21, 2008


Wired PR News.com – The Big Three automakers now have to provide Congress with a viable plan for sustainability if they want to receive bailout funds. As reported by the Associated Press (AP), Speaker Nancy Pelosi stated in a press conference Thursday, “Until they show us the plan, we cannot show them the money.”
The vote […]

 
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