Read more Big Three stories on Newserhttp://www.newser.com/taggrid/12791/big-three.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 4:53:07 CSThttp://www.newser.com/story/70855/saturn-gms-biggest-mistake.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAs General Motors’ Saturn experiment ends with a whimper, it’s important to understand that the brand was a failure from the start. Some obituaries blame GM for not providing a fuller roster of vehicles to build customer loyalty—but if anything, the automaker gave Saturn too much, writes Mark Ritson....http://www.newser.com/story/70855/saturn-gms-biggest-mistake.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 02 Oct 2009 17:39:54 CDThttp://www.newser.com/story/69598/recession-crushes-white-collar-michigan.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTens of thousands of middle-aged white-collar workers have been left jobless and stranded in Michigan by the recession, the Wall Street Journal reports. Auto industry veterans laid off by the Big Three are finding themselves competing against against younger people for a smattering of job openings. With property prices down...http://www.newser.com/story/69598/recession-crushes-white-collar-michigan.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 17 Sep 2009 1:26:44 CDThttp://www.newser.com/story/69057/gm-to-sell-opel-to-canadas-magna.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAfter painfully drawn-out negotiations, General Motors’ board has agreed to sell its Opel unit to Canadian firm Magna International, maintaining a tie that will keep Opel a "a fully integrated part of GM's global product development organization," the company said. The German government, which earlier this year loaned Opel $2....http://www.newser.com/story/69057/gm-to-sell-opel-to-canadas-magna.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 10 Sep 2009 9:30:00 CDThttp://www.newser.com/story/65785/cash-for-clunkers-safe-white-house.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe rumors of the “cash for clunkers” deal’s demise have been greatly exaggerated, the White House said today, promising that the trade-in program will continue even after consumers have used up its allotted $1 billion. “If you were planning on going to buy a car this weekend using this program,...http://www.newser.com/story/65785/cash-for-clunkers-safe-white-house.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 31 Jul 2009 11:03:26 CDThttp://www.newser.com/story/65477/resurgent-ford-has-high-hopes-for-taurus.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFord is hoping to use the imminent launch of the 2010 Taurus to cement its newly dominant position among Detroit’s Big Three, MSNBC reports. Ford’s position as the only major US automaker not receiving government aid has been translating into small but significant gains in market share as consumers feel...http://www.newser.com/story/65477/resurgent-ford-has-high-hopes-for-taurus.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 28 Jul 2009 17:23:37 CDThttp://www.newser.com/story/63987/court-clears-path-to-new-gm.html?utm_source=syn&utm_medium=rss&utm_campaign=tagGeneral Motors is set to complete its bankruptcy reorganization, the Detroit Free Press reports. The sale of certain GM divisions to the “new” GM—largely owned by the US Treasury—is expected to happen tomorrow, at the expiration of a holding period for opponents of the deal to make objections....http://www.newser.com/story/63987/court-clears-path-to-new-gm.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 09 Jul 2009 13:55:59 CDThttp://www.newser.com/story/62932/china-wont-allow-hummer-sale-report.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBeijing will halt GM’s sale of the Hummer brand to a Chinese machinery firm over pollution concerns, according to Chinese state radio. The purchase would run counter to the government’s goal of reducing pollution caused by manufacturing, the BBC reports. The Chinese firm shrugged off the report. “The fact that...http://www.newser.com/story/62932/china-wont-allow-hummer-sale-report.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 26 Jun 2009 13:05:01 CDThttp://www.newser.com/story/61505/done-deal-fiat-buys-chrysler-assets.html?utm_source=syn&utm_medium=rss&utm_campaign=tagChrysler finalized its sale of assets to Fiat with a government wire transfer this morning that gave Chrysler $6.6 billion in funds to exit bankruptcy, the New York Times reports. The sale is good news for the Obama administration, which sought an “efficient” restructuring for Chrysler. It may also...http://www.newser.com/story/61505/done-deal-fiat-buys-chrysler-assets.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 10 Jun 2009 10:31:05 CDThttp://www.newser.com/story/61092/racing-legend-penske-will-buy-saturn-from-gm.html?utm_source=syn&utm_medium=rss&utm_campaign=tagRoger Penske, the racecar driver turned business tycoon, will buy the Saturn brand and dealer network from GM. The deal will save 350-plus dealerships and some 13,000 jobs if it goes through, the bankrupt parent company said in confirming the tentative agreement. The price is between $100 million and...http://www.newser.com/story/61092/racing-legend-penske-will-buy-saturn-from-gm.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 05 Jun 2009 10:19:01 CDT