41% Now Say Buying American Is Top Factor When Purchasing a Car
Nov 17, 2010
Washington, Nov. 17, 2010: The latest Rasmussen Reports national telephone survey finds that 41% of Adults say they look for an American-built car first when shopping for automobiles. Slightly more (44%) say they look for the best possible deal regardless of where itâs manufactured. Just 12% prefer foreign-built c ... Continue reading
2010 North American Car Of The Year Nominees
Dec 17, 2009
NORTH AMERICAN CAR AND TRUCK OF THE YEAR NOMINEES By Steve Purdy TheAutoChannel.com Detroit Bureau Good news for GM and Ford came out of a press conference at the Automotive Press Association in Detroit yesterday as four of the six finalist were from the Detroit manufacturers. An exceptionally large group of journalist ... Continue reading
Ed Whitacre's Secret Plan To Save GM
Dec 9, 2009
Taxpayers looking for answers may have to wait awhile. DETROIT December 8, 2009; Joann Muller writinbg for Forbes reported that new General Motors Chairman Edward E. Whitacre Jr. was quick to dismiss the automaker's former chief executive after just eight months on the job, saying GM wasn't moving fast enough. But if W ... Continue reading
"Cash For Clunkers" Rewarding Consumers With Up To $4.5k For Turning In Old Vehicles - VIDEO STORY
Aug 6, 2009
DETROIT - August 6, 2009: After more than a year of declining car sales and closing dealerships, the auto industry may be getting a second wind. With the success of "Cash for Clunkers", cars sales are on the rise. Officially known as the Car Allowance Rebate System, the program rewards people for turning in older gas g ... Continue reading
While Truth About CASH FOR CLUNKERS Funds Remains Unclear More Money is Approved
Jul 31, 2009
AUTO CENTRAL - July 31, 2009: Late yesterday the Associated Press published a report stating that the CARS "Cash for Clunkers" program was being suspended because funds had run out (just days after the program commenced). AP cited an annonymous source. This source has still not been revealed. The story was published ev ... Continue reading
New GM Emerges From Bankruptcy; TheAutoChannel.com Comments - VIDEO ENHANCED
Jul 10, 2009
Moving Forward with Same Old Products and Old Values By Marc J. Rauch Exec. Vice President/Co-Publisher The Auto Channel General Motorsâ President and CEO Fritz Henderson hosted a news conference this morning to announce that General Motors has emerged from Chapter 11 bankruptcy. The press conference with a Q&A se ... Continue reading
The Fox is Now Guarding the GM Henhouse
Jun 12, 2009
By Marc J. Rauch Exec. Vice President/Co-Publisher THE AUTO CHANNEL General Motors is in need of a complete overhaulâ¦obviously. They need to get rid of the dead-weight in both product and personnel, which they appear to be trying to do if you donât count Buick and Pontiac. They have to regain the trust of inv ... Continue reading
General Motors' Board of Directors Statement
Jun 1, 2009
Attributable to Kent Kresa, Chairman DETROIT - June 1, 2009: âThe General Motors Board of Directors authorized the filing of a chapter 11 case with regret that this path proved necessary despite the best efforts of so many. Today marks a new beginning for General Motors. A court-supervised process and transfer of ... Continue reading
GMAC Financial Services Statement on General Motors Chapter 11 Filing
Jun 1, 2009
DETROIT, June 1 -- GMAC Financial Services is a creditor of General Motors Corp. (GM) and as such is taking the appropriate steps to protect GMAC's interests during GM's restructuring. GM has submitted a motion to the U.S. Bankruptcy Court that, pending approval, would allow its direct business with GMAC to continue in ... Continue reading
President Obama to Hold Media Briefing Prior to General Motors' BK Press Conference
May 31, 2009
WASHINGTON - May 31, 2009: According to a White House media advisory, President Obama will begin his remarks at approximately 11:55 a.m. EDT. General Motors Corp. President and CEO, Fritz Henderson, will host a press conference, beginning immediately following President Obama's media briefing. ... Continue reading
AP Reports That Monday is Definitely "B-Day" for General Motors
May 31, 2009
DETROIT - May 31, 2009: The Associated Press is reporting tonight that tomorrow morning, at 8AM EDT, the company that was once the world's largest, will file for bankruptcy protection. According to the story, GM plans to name turnaround executive Al Koch to serve as its chief restructuring officer through the protectio ... Continue reading
BREAKING NEWS: Reason for GM Failure Discovered! - VIDEO ENHANCED
Apr 10, 2009
Recent New York Auto Show Video Pinpoints the Problem Behind GM's Malaise By Marc J. Rauch Exec. Vice President/Co-Publisher There's a lot of theories and opinions as to why General Motors, the world's biggest automaker fell into hard times. And I have to admit, that some of the diverse opinions have originated right h ... Continue reading
Why The Auto Channel's Press Pass Coverage of the 2009 Geneva Motor Show is So Important?
Mar 1, 2009
This may be the last great international auto show GENEVA - February 28, 2009: One of most visible effects of the current economic depression on the automotive world is what has happened to the once fabulous new car expositions. Not only have important shows in Los Angeles, Detroit and Chicago been neutered by the abse ... Continue reading
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