All Entries Tagged With: "detroit"

Camaro, Mustang, Challenger set for modern pony-car war

Forty summers ago was a magical time for performance-car enthusiasts–specifically for fans of high-horsepower pony cars. The summer of 1969 broke with Detroit in a high-octane horsepower war among the Big Three automakers. With the carmakers trying to outmuscle one another, the winners were the customers. By 1969, Ford’s Mustang had been around nearly half [...]

Editor | Jun 12, 2009 | Comments 0

Full Story

GM says May U.S. sales best so far in 2009

DETROIT (Reuters) – General Motors Corp on Tuesday reported U.S. sales for May. Highlights: * says U.S. sales are down 29.6 percent in May. * says U.S. May sales total 191,875 vehicles * says U.S. May sales best monthly performance so far in 2009 * reports total truck sales (including crossovers) of 110,866, down 22 [...]

Editor | Jun 02, 2009 | Comments 0

Full Story

GM Files for Bankruptcy

GM’s Chapter 11 filing caps a decades-long slide, but it should emerge relatively quickly from court with lower labor and debt costs A once proud and dominant General Motors, which at its peak controlled half the American auto market, filed for bankruptcy court protection on June 1 in an historic act that will see federal [...]

Editor | Jun 01, 2009 | Comments 0

Full Story