After a roller coaster ride for all domestic automakers in 2009, most are not too unhappy to see the year go. Bankruptcy courts, federal bailouts, and a less than encouraging government backed program, cash for clunkers. Many dealerships were forced to close, resulting in the job losses of highly trained automotive technicians, parts personnel, and [...]
Posts Tagged ‘automakers’
Auto Sales On The Rise In Near Future
Optimists are reporting that auto production and sales will soon be on the rise. Rental car agencies are reporting that their fleets are aging and will soon need to be replaced. Federal and local government agencies are operating an older fleet and will start the replacement process as well.
This is good news for the auto [...]
A New Player For America In The Auto Industry
What was that, you say? Another player in the auto field in America? Yes, you heard correctly. The V-Vehicle Company announced recently that the newly formed company is gearing up for a production run in as little as 15 months. What kind of an impact will this have on the auto industry? We will just [...]