General Motors and Chrysler have held merger talks

The Wall Street Journal, citing people it described as familiar with the discussions, said Cerberus Capital Management, the private equity firm that owns 80.1…

Black Friday: markets suffer biggest loss in 21 years bracing for worse, and cry for help

  If ever there was a setup for a Black Friday on Wall Street, this is it.   We can hope it doesn’t happen….

GM prepares for large cuts in North America. More bad news for Oshawa?

General Motors will unveil further measures on Tuesday to cope with the dramatic downturn in the north American vehicle market. The world’s biggest carmaker…

The end of GM Oshawa has begun? The time of the small car renaissance has come!

General Motors says it will cease production at four factories in Ohio, Wisconsin, Canada and Mexico that produce trucks and SUVs. As General Motors…

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