May 20, 2009
Dealerships offer more deals on vehicles due to time constraints for selling their inventory.
Wired PR News – With limited time to sell their vehicle inventory, many Chrysler dealerships are offering bargains on thousands of vehicles. As reported by the Associated Press (AP), the dealerships, recently spurned by the financially struggling Chrysler corporation, have been left […]
May 7, 2009
The company is set to close some of its plants in the US for several weeks.
Wired PR News – General Motors Corp. is set to shut down a number of its parts plants temporarily. As reported by the Associated Press (AP), the automaker will shut down the factories because of plans to also shut down […]
May 4, 2009
The Italian automaker confirmed talks to purchase GM’s European operations.
Wired PR News – Fiat Group SpA may emerge as one of the world’s largest automakers if the company reaches an agreement with General Motors Corp. for the purchase of their European operations. As reported by the Associated Press (AP), the Italian automaker confirmed talks on […]
April 28, 2009
General Motors Corp’s restructuring plan includes phasing out their Pontiac brand.
Wired PR News – General Motors Corp.’s new plan for restructuring includes massive job cuts and phasing out one of their most recognized brands. As reported by the Associated Press (AP), the automaker laid out the plans on Monday to cut 21,000 jobs in United […]
April 25, 2009
The auto giant may be saved from requiring a federal bailout for survival.
Wired PR News – Ford Motor Co. may have found its saving grace in its restructuring efforts. As reported by the Associated Press (AP), the company’s earnings and new products may help it steer clear of intervention from the government.
Aaron Bragman with IHS […]
April 23, 2009
The automaker will reportedly close most of its plants in the United States for several weeks.
Wired PR News – General Motors is reportedly planning to temporarily close most of its plants in the US during the summer. As reported by the Associated Press (AP), the automaker giant will close the plants for up to nine […]
April 1, 2009
General Motors and Chrysler rush to make necessary changes to meet the Obama administration deadline for proving sustainability.Wired PR News – General Motors and Chrysler are rushing to meet impending deadlines to make necessary changes to receive further government assistance. As reported by the Associated Press (AP), the auto giants have until June 1, to […]
April 1, 2009
Stocks take a tumble Monday after Obama rejects GM and Chrysler plans.Wired PR News – Wall Street saw major indexes fall on Monday as investors reacted with fear over Obama’s rejection of automaker plans. As reported by the Associated Press (AP), indexes fell by approximately 3 percent, which some analysts say came as no surprise […]
March 30, 2009
The Chief Executive of the auto giant is asked by the White House to step down.
Wired PR News – The White House has requested that the Chief Executive of auto giant General Motors Corp. step down. As reported by the Associated Press (AP), CEO Rick Wagoner is set to immediately obey the request in accordance […]
February 16, 2009
Obama has changed his mind about naming a czar to oversee the auto industry, and decided to form a task force instead.
Wired PR News.com – President Obama’s car czar idea has been replaced with plans to form a government task force. As reported by Reuters, Obama’s new strategy will no longer involve the designation of […]
