Canadian Auto Supplier Magna To Take Over Opel From GM

Hamburg, Germany (AHN) - Magna, the Canadian auto supplier, will be the majority owner of General Motors' Opel subsidiary, GM officials announced Thursday. John F. Smith, GM's chief negotiator, announced the sale after meeting with German Chancellor Angela ... continue

Ford and Unions negotiate a pay cut…to $55/ hour

The criticism from the right blaming autoworkers for the demise of the American auto industry hasn't always been fair. It isn't the fault of workers that the big three have produced products people don't want; management fairly ... continue

Obscene: Chrysler Spending Bailout Money on Ads Thanking America for Bailout Money

While polls showed the majority of American's did not support a bailout of the auto industry, The Bush Administration acted anyway, throwing away loaning the industry some $17 billion. So what's the first thing Chrysler does with ... continue

GM gets poor reception for YouTube bailout propaganda

General Motors has posted a propaganda video to YouTube in an attempt to gain support for a bailout of the US car industry. The bailout itself is currently in dispute, with House Democrats calling on the Bush Administration ... continue