Hard luck guys
Entrepreneur Malcolm Bricklin, father of one big success - Subaru - and several flops - Yugo, the Bricklin sports car - parted ways with his Chinese car supplier, Chery, which seems more interested in arranging a deal with somebody more stable. Bricklin now plans to design and engineer his own cars and build them in China. Don't hold your breath.
|
After the collapse of alliance talks with GM, the globetrotting CEO is going it alone - at least for now. (more)
Kerkorian selling his stock removes a big psychological barrier. But beleaguered General Motors CEO Rick Wagoner still faces many hurdles ahead. (more)
After five years, most cars are worth a fraction of their original cost. These models do the best, according to Kelley Blue Book. (more)
|