Today, Toyota announced they are going to temporarily shut down all of their manufacturing plants in Japan. The plan to close 12 factories for 11 days through February and March is to combat a rising supply of unsold new cars. As far as we know, 4 of them produce Toyota vehicles while the other ones [...]

The US Senate has rejected a compromise deal that would see Detroit’s Big Three get $14 billion in bailout money. In this case, GM and Chrysler can’t make it past the New Year and this doesn’t affect the US but the whole world where these companies trade, have factories, dealers, workers and other peripheral suppliers.

Ford Motor Co., the firt of the Detroit 3 to submit its plan to qualify for federal aid, declared that they don’t expect to make money until at least 2011.

What happends before 2011? Well,according to a news release, Ford expects global and North American auto businesses to reach break-even or be profitable on a [...]

The U.S. auto sales decline of a least 25 percent for November 2008, as tight credit and concerns about the Detroit 3’s survival kept demand at the lowest levels in a quarter century. This drop seems to be the industry’s 17th in the past 18 months.

The reports should go out tomorrow when General Motors, Ford [...]

The study in which Ford Motor Co. leads all automakers with 16 “top safety picks” among 2009 cars and trucks, is made by the Insurance Institute for Highway Safety, an institute that works for auto insurers.

Among the factors accounting for the increase: greater use by automakers of seats and head restraints that meet the institute’s [...]

According to Bill Vlasic, the american giant General Motors originally had talks with Ford about a possible merger before approaching the Pentastar people. This story comes after the GM/Chrysler pseudo-bombshell from Friday night.

The New York Times also wrote an article about the merger discussions, reporting that GM approached Ford with the proposal but the FoMoCo [...]