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...that's not insanity, I don't know what is," says Toronto analyst Dennis DesRosiers with DesRosiers Automotive Consultants, referring to the ransomlike price GM demanded for its promise to maintain a share of its car and truck production north of Detroit. "This deal does more to get Obama reelected than it does to save jobs in Canada...

Author: /time Magazine | Title: Saving GM Canada at Any Price? | 6/1/2009 | See Source »

...panel truck pulled up to Weinberg Dodge bearing a letter from Chrysler, informing Morris Weinberg's son that his career in the new-car business would be over in about three weeks. There wasn't much in the way of explanation, but it comes down to this: Chrysler's sales can't support a dealer network built for another era. (See the 10 milestones on the way to GM's bankruptcy...

Author: /time Magazine | Title: Government Motors: Can a Reinvention Save GM? | 5/28/2009 | See Source »

...They could be waiting a long time. Initial Nano production is taking place at a retooled truck plant in Pantnagar in northern India. Tata does not expect to open its dedicated Nano factor - a facility that will be able to churn out 250,000 cars a year that is now under construction in Gujarat on India's west coast - until next year. "Tata Motors will take at least two to three years to get to full capacity," says Darius Lam, associate editor for AutoCar Professional. "Ramping up is a slow process...

Author: /time Magazine | Title: Indian Car Buyers Snap Up the Nano | 5/6/2009 | See Source »

...Chrysler showrooms will also be featuring new Chryslers. Press says the company also has eight new products, including a hybrid pick-up truck and electric vehicles set to role out over the next 18 months. While Chrysler has trimmed its engineering staff in the face of the financial crisis, it has kept the important projects alive, Press says...

Author: /time Magazine | Title: Can Americans Learn to Love Fiat? Chrysler Hopes So | 5/1/2009 | See Source »

...going to sell them in the store. For example Clyde DeHart, owner of DeHart's Auction Service in Carlisle, Pa., takes "scratch n' dent" items from a nearby BJ's Wholesale Club store. Since BJ's sells in bulk, if one can of corn gets smashed in the truck, the whole case can't be displayed in the store. So DeHart takes the case, throws out the bad can, and auctions off the rest. If, say, a bag of Iams dog food gets ripped, DeHart will tape it and offer it at auction. "I wouldn't do that with human...

Author: /time Magazine | Title: Canned Ham, Going Once, Twice: A Rise in Grocery Auctions | 4/19/2009 | See Source »

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