BLOG: David Phillips
Posted 3:10 pm U.S. ET, July 26
Posted 11:59 am U.S. ET, Jan. 11
Workers ready a sign to tout the new Mazda6 mid-sized sedan at the Detroit auto show. (DAVID PHILLIPS)
Posted 2:57 pm U.S. ET, Nov. 7
DETROIT -- Another year, another Detroit auto show and another slew of changes.
Automakers are scheduled to showcase about 55 new vehicles, 41 of them global debuts, at the 2013 show that opens with press previews next week. That is up more than 30 percent from the 42 vehicles introduced in 2012, show organizers say.
... Continue reading "More power, glitz, organic food and smiles" » Jan 11, 2013 11:59 am U.S. ET Post Comment
One big question down. One very big one on the near horizon.
To what extent can a re-elected President Obama work with a sharply divided Congress and resolve a fiscal crisis while keeping the feeble economy humming? The answer will play a major role in how strong the recovery in auto sales continues.
... Continue reading "Sales outlook hangs on whether fiscal cliff is avoided" » Nov 7, 2012 2:57 pm U.S. ET Post Comment
DETROIT -- Is Chrysler Group, three years removed from bankruptcy, profitable and tapping subprime financing to goose its sales in the United States, still a credit risk?
One of the nation's largest utility companies believes so even though the automaker is armed with about $11.6 billion in cash, gaining U.S. market share a ... Continue reading "Is Chrysler still a risk? One big utility thinks so" » Jul 26, 2012 3:10 pm U.S. ET Post Comment