GM had to recall 1.3 million cars this week, which took away much of its current marketing advantage over Toyota. The perennial No.1 domestic car company could claim that its Japanese rival had lost its ability to make defect-free and safe vehicles. Toyota’s 8.5 million worldwide recall was proof ... Read more

By Matthew DeBord from The Big Money The auto industry generates nothing these days that even remotely resembles good news. General Motors is teetering on the edge of official (as opposed to undeclared) bankruptcy. Chrysler is apparently being run by the Italians. The Detroit car business it ... Read more

Here is the GM Restructuring Plan . And the Chrysler Plan . The following chart shows the GM baseline U.S. auto sales forecast and a comparison with J.D. Power and Global Insight forecasts. Click on graph for larger image in new window. I believe this forecast is conservative. ... Read ... Read more