Word: carse
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The automobile business is great. Just ask someone who's in it. "People want to buy cars," says Rod Buscher, CEO of Summit Automotive Partners in Denver, which owns 30 assorted dealerships nationwide. And he really wants to sell cars. The problem is that would-be buyers lack either the...
The question is whether any U.S. automobile manufacturer will live long enough to enjoy it. President Barack Obama would rather bridge General Motors to the future than see it collapse, but he has now made it clear that the GM we know and don't really love is finished. So...
In that sense, GM is getting off easy: Obama's task force gave Chrysler just 30 days to seal its proposed partnership with Italy's Fiat Group - or else join the likes of American Motors, Packard and Studebaker in the auto graveyard. If Chrysler gets the deal done, the government...
The landscape of the U.S. auto industry, in other words, is about to be radically reshaped. So what will its future look like? It's difficult to imagine today, with consumers hunkering down, car loans drying up and the Detroit Three struggling to survive, but the global car business may...
With Earth Day just around the corner, The Charles Hotel is planting some green of its own by decreasing parking rates for compact cars in its garage. Starting April 22, The Charles Hotel will debut the nanoMAX small car detection system, which will gauge the size of vehicles and automatically...