Automotive industry
The automotive industry designs, develops, manufactures, markets, and sells the world's motor vehicles. In 2007, more than 73 million motor vehicles, including cars and commercial vehicles were produced worldwide.[1]
In 2007, a total of 71.9 million new automobiles were sold worldwide: 22.9 million in Europe, 21.4 million in Asia-Pacific, 19.4 million in USA and Canada, 4.4 million in Latin America, 2.4 million in the Middle East and 1.4 million in Africa. [2] The markets in North America and Japan were stagnant, while those in South America and Asia grew strongly. Of the major markets, Russia, Brazil, India and China saw the most rapid growth.
About 250 million vehicles are in the United States. Around the world, there were about 806 million cars and light trucks on the road in 2007; they burn over 260 billion gallons of gasoline and diesel fuel yearly. The numbers are increasing rapidly, especially in China and India.[3] Urban transport systems based around the car have proved unsustainable, consuming excessive energy, affecting the health of populations, and delivering a declining level of service despite increasing investments. Many of these negative impacts fall disproportionately on those social groups who are also least likely to own and drive cars.[4][5][6] The sustainable transport movement focuses on solutions to these problems.
In 2008, with rapidly rising oil prices, industries such as the automotive industry, are experiencing a combination of pricing pressures from raw material costs and changes in consumer buying habits. The industry is also facing increasing external competition from the public transport sector, as consumers re-evaluate their private vehicle usage.[7] Roughly half of the US's fifty one light vehicle plants are projected to permanently close in the coming years with the loss of another 200,000 jobs in the sector, on top of the 560,000 jobs lost this decade.[8]
History
Brazil
The Brazilian automotive industry produced almost 3 million vehicles in 2007. Most of large global companies are present in Brazil, such as Fiat, Volkswagen, Ford, GM,Nissan, Toyota, Mitsubishi, Mercedes-Benz, Renault etc, and also the emerging national companies such as Troller, Marcopolo S.A., Agrale, Randon among others.
The Brazilian industry in regulated by the Associação Nacional dos Fabricantes de Veículos Automotores (Anfavea), created in 1956, which includes Auto makers (automobiles, light vehicles, trucks and buses)and Agriculture machines with factories in Brazil.
Anfavea is part of the Organisation Internationale des Constructeurs d'Automobiles (OICA), based in Paris.
Britain
The British motor industry has always been export oriented[citation needed]. Today it employs about 850,000 people and produces about 1.5 million cars and 216,000 commercial vehicles per year, 75% of which are exported.[9] The top five UK car producers are Nissan, Toyota, Honda, MINI and Land Rover.[10] However, international competitiveness of UK cars have declined consistently since the 1990s and the country became unable to sustain production on par with Germany or France. Since 2000, motor vehicle production fell from 1,813,894 to 1,750,253.[11] The country was overtaken by fast industrializing economies such as Brazil, India and Mexico.[11] The UK is the 12th largest automobile producer in the world but Russia is poised to overtake it in 2008.[11]
Canada
It has been suggested that this article be merged with Automobile industry in the United States and Talk:Canadian motor industry. (Discuss) Proposed since April 2009. |
Canada is currently the 9th largest auto producer in the world, down from 7th a few years ago. Brazil and Spain recently surpassed Canadian production for the first time ever. Canada's highest ranking ever was 2nd largest producer in the world between 1918 and 1923. The Canadian auto industry traces its roots to the very beginning of the automobile. The first large-scale production of automobiles in Canada took place in Walkerville, near Windsor, Ontario in 1904. In the first year of operations, Gordon McGregor and Wallace Campbell, along with a handful of workmen produced 117 Model "C" Ford vehicles at the Walkerville Wagon Works factory.
Through marquees such as Brooks Steam, Redpath, Tudhope, McKay, Galt Gas-Electric, Gray-Dort, Brockville Atlas, C.C.M., and McLaughlin, Canada had many domestic auto brands. In 1918 McLaughlin was bought by an American firm, General Motors, and was re-branded as General Motors of Canada.
Driven by the demands of World War I, Canada's automotive industry had grown, by 1923, into the second-largest in the world, although it was still comprised of relatively inefficient plants producing many models behind a high tariff wall. High consumer prices and production inefficiencies characterized the Canadian auto industry prior to the signing of the 1965 Automotive Products Trade Agreement with the United States.
The 1964 Automotive Products Trade Agreement or “Auto Pact” represents the single most important factor in making the Canadian automotive industry what it is today: a strong, successful industry that has a significant positive impact on the Canadian economy. Key features of the Auto Pact were the 1:1 production to sales ratio and Canadian Value Added requirements.
Today, the Canadian auto industry is closely linked to that of the U.S., due to the Automotive Products Trade Agreement and later the North American Free Trade Agreement (NAFTA). There are five firms manufacturing automobiles in Canada, all in the province of Ontario: General Motors of Canada, Honda Canada, Chrysler Canada, Toyota Canada, and Ford of Canada. True Canadian domestics have long since gone under or been absorbed into the US "Big 3". The auto industry is Canada's biggest sector, and the province of Ontario surpassed Michigan in 2006 to become the largest auto-producing jurisdiction on the American continent. In addition to production facilities, 3,500 car dealers employ 140,000 individuals.
Magna International is Canada's biggest domestic firm in the sector, and is the world's third-largest auto parts firm, producing entire vehicles at its Magna Steyr plant in Austria.
China
The Chinese Autmotive Industry Plan, announced on the main Web site of China's central government, said China aims to create capacity to produce 500,000 "new energy" vehicles, such as battery electric cars and plug-in hybrid vehicles. The plan aims to increase sales of such new-energy cars to account for about 5% of China's passenger vehicle sales. [12]
Germany
The automobile was invented in Germany by Carl Benz. Furthermore, the four-stroke internal combustion engine used in most automobiles worldwide today was invented by Nikolaus Otto in Germany. In addition, the diesel engine was also invented by German Rudolf Diesel. On the one hand, Germany is famous for the high-performance and high-quality sports cars made by Porsche, on the other hand, the cars by Mercedes-Benz are famous for their quality, safety and innovativeness. Daimler-Benz is the industry's oldest firm, building automobiles since the late 1880s; its current structure dates from 1926. In 1998 it bought the American automobile manufacturer Chrysler, then sold out in 2007 at a heavy loss as it never managed bring the division to long term profitability.
In the popular market, Opel and Volkswagen are most well known. Opel was a bicycle company that started making cars in 1898; General Motors bought it out in 1929, but the Nazi government took control and GM wrote off its entire investment. In 1948 GM returned and restored the Opel brand.
Volkswagen is dominant in the popular market; it purchased Audi in 1964. VW's most famous car was the small, beetle-shaped economical "people's car" with a rear-mounted, air-cooled engine. It was designed in the 1930s by Ferdinand Porsche upon orders from Adolf Hitler, who was himself a car enthusiast. However production models appeared only after the war; until then only rich Germans had automobiles. By 1950 Volkswagen was the largest German automobile producer [13] , today, it is one of the three biggest automotive companies, but it is now part of the Porsche Automobil Holding SE. In the meantime, ten different car manufacturers belong to the multicorporate enterprise: Porsche, Volkswagen, Audi, Bugatti, Lamborghini, Bentley, Škoda Auto, MAN, SEAT and Scania AB.
Germany is famous for its upscale sedans. They feature well-designed suspension systems that provide both a soft ride and good handling characteristics. Many manufacturers limit their automobiles electronically to driving speeds of 250 km/h (155 mph) for safety reasons.[citation needed]
Daimler AG produces the upscale Mercedes-Benz, long a famous name in racing, as well as the innovative city vehicle Smart. BMW (founded 1916), Audi and Porsche are major factors in the sportive luxury market worldwide.[14] Porsche formed his own company, which today produces expensive, high-quality sports cars.[15]. In 2008 the Porsche company sought control of the much larger Volkswagen company; Porsche cornered the market for Volkswagen stock and made profits of tens of billions of Euros, while apparently gaining control of the bigger company.
India
India is one of the fastest growing automobile industries in the world. After 1960, the automobile industry saw rapid growth and many automotive manufacturers started production. In 1920 one of the first companies was Hindustan Motors which produced the Ambassador; later, Fiat entered a collaboration with Premier. Chrysler entered India in the early 1960s. Hindustan Motors later tied up with Mitsubishi Motor Corporation in 1997 and brought the Lancer followed by Cedia, Pajero and recently the Outlander in 2008. The After 1990 Mercedes-Benz, Tata Motors, Ford, General Motors, Hyundai, Toyota through Toyota Kirloskar, and Maruti (owned jointly by the Government of India and Suzuki) grew to be major forces in the country's economy. Honda came up in 1996 with the Honda City, then the Civic, CR-V, and the Accord. Also BMW started production for the local market due to import duty. Also Volvo, Porsche along with Volkswagen, Skoda Auto and Audi entered the market. Tata purchased Jaguar and Land Rover from Ford Motor Company in 2008. Volkswagen is all set to introduce its small car Polo in 2010. The world's cheapest car - Tata Nano is expected to be a people's car and is expected to be a bestseller.
Other automotive manufacturers include Ashok Leyland, Bajaj Auto, Chinkara Motors, Eicher Motors, Force Motors, Kinetic, Mahindra, Rajah Motors, San Motors, Swaraj Mazda, TVS Motors, Tara and Tatra.
Japan
Japan, with its large population squeezed into very high density cities with good public transit, has limited roadways that carry very heavy traffic. Hence most automobiles are small in terms of size and weight. From a humble beginning, Japan is now the biggest auto manufacturing country in the world. Nissan began making trucks in 1914, and sold cars under the Datsun brand until it switched to Nissan in the 1980s. It opened its first U.S. plant in Tennessee in the early 1980s and a U.K. plant in 1986. Its luxury models carry the brand Infiniti. Honda, which began with motorcycles, emerged after World War II. Its luxury vehicles are sold under the Acura brand. Toyota began making cars in the 1930s and is now the world's largest producer. Its luxury models carry the Lexus brand. Toyota is famous for its innovative, quality-conscious management style, and its hybrid gas-electric vehicles, especially the Prius, which was launched in 1997. Other major companies include Subaru, Mitsubishi, Mazda, Suzuki, and Isuzu. Japan became the world's leading auto maker in 1980,[citation needed] the first year since 1905 that the United States had been outproduced by any other nation.
South Korea
The South Korean automobile industry is today the fifth largest in the world in terms of production volume and the sixth largest in terms of export volume. 50 years ago, its initial operations were merely the assembling of parts imported from Japan and the United States. The Hyundai Kia Automotive Group is today the second largest automaker in Asia, after Toyota. South Korean car marques have grown to compete with top established European brands. Annual domestic output exceeded one million units in 1988. In the 1990s, the industry manufactured numerous in-house models, demonstrating not only its capabilities, and signalling its coming of age thanks to the heavy investment to infrastructure in the country over the decades.
United States
Crisis in the auto industry
World motor vehicle production
Template:World motor vehicle production by country Template:World motor vehicle production by manufacturer
Company relationships
This section needs additional citations for verification. (April 2009) |
It is common for automobile manufacturers to hold stakes in other automobile manufacturers. These ownerships can be explored under the detail for the individual companies.
Notable current relationships include:
- Chrysler is currently engaged in negotiations with Fiat that would have Fiat take a 35% stake in Chrysler.
- Daimler AG holds a 19.9% stake in Chrysler and a 40.0% stake in McLaren Group .
- Daimler AG holds a 20% stake in Eicher Motors , a 6.75% stake in Tata Motors and a 10.0% stake in KAMAZ .
- Dongfeng Motor Corporation is involved in joint ventures with several companies in China, including: PSA Peugeot Citroen of France, Honda, Nissan of Japan, Nissan Diesel (Volvo Group) of Japan, and Hyundai Kia of South Korea.
- Fiat S.p.A. holds a 85% stake in Ferrari[16]
- Ford holds a 13.4% stake in Mazda and an 8.3% share in Aston Martin.
- Geely Automobile holds a 23% stake in Manganese Bronze Holding, manufacturing the London taxi.
- General Motors and SAIC have two joint ventures in Shanghai General Motors and SAIC-GM-Wuling Automobile.
- General Motors still holds a 3% stake in Suzuki. GM is currently in the process of selling the 3% stake back to Suzuki. Suzuki is also partner with GM in GMDAT, CAMI, and GM Argentina.[17]
- GM and Toyota have a joint venture in New United Motor Manufacturing, Inc, an automobile plant in Fremont, California.
- Porsche Automobil Holding SE announced on January 6, 2009 that now owns 50.76% of Volkswagen, making the Volkswagen Group a subsidiary.
- The Renault-Nissan alliance involves two global companies linked by cross-shareholding, with Renault holding 44.3% of Nissan shares, and Nissan holding 15% of (non-voting) Renault shares.
- Renault holds 20.5% of the voting stakes in Volvo Group.
- Toyota holds a 51% controlling stake in Daihatsu, and 16.5% in Fuji Heavy Industries, parent company of Subaru.
- The Volkswagen Group holds a 37.73% stake in Scania (68.6% voting rights), and a 29% stake in MAN.
- Volkswagen Group and SAIC have a joint venture in Shanghai Volkswagen Automotive.
Top vehicle manufacturing groups (by volume)
The table below shows the world's largest motor vehicle manufacturing groups, along with the marques produced by each one. The table is ranked by the latest production figures from OICA 2007[18] for the parent group, and then alphabetically by marque.
Marque | Country of origin | Ownership | Markets | |
---|---|---|---|---|
1. Toyota Motor Corporation ( Japan) | ||||
Daihatsu* | Subsidiary | Global, except North America and Australia | ||
Hino* | Subsidiary | Asia Pacific, Canada and South America | ||
Lexus | Division | Global | ||
Scion | Division | North America | ||
Toyota | Division | Global | ||
2. General Motors Corporation ( United States) | ||||
Buick | Division | North America, China, Israel, Taiwan | ||
Cadillac | Division | Global | ||
Chevrolet | Division | Global | ||
Daewoo | Subsidiary | Asia, South America, South Africa | ||
GMC | Division | North America, Middle East | ||
Holden | Subsidiary | Australia, New Zealand, Middle East | ||
Hummer** | Division | Global | ||
Opel** | Division | Europe (except UK), South Africa | ||
Pontiac*** | Division | North America | ||
Saab** | Subsidiary | Global | ||
Saturn*** | Division | North America, Japan, Taiwan | ||
Vauxhall | Subsidiary | United Kingdom | ||
3. Porsche Automobil Holding SE ( Germany) | ||||
Audi | Subsidiary | Global | ||
Bentley | Subsidiary | Global | ||
Bugatti | Subsidiary | Global | ||
Lamborghini | Subsidiary | Global | ||
Porsche | Subsidiary | Global | ||
Scania | Subsidiary | Global | ||
SEAT | Subsidiary | Europe, Latin America, South Africa | ||
Škoda | Subsidiary | Global, except North America | ||
Volkswagen | Subsidiary | Global | ||
4. Ford Motor Company ( United States) | ||||
Ford | Division | Global | ||
Lincoln | Division | North America, Middle East | ||
Mercury | Division | North America, Middle East | ||
Troller | Subsidiary | South America and Africa | ||
Volvo (cars) | Subsidiary | Global | ||
5. Hyundai Kia Automotive Group ( South Korea) | ||||
Hyundai | Division | Global | ||
Kia | Subsidiary | Global, except Middle East and Africa | ||
6. Honda Motor Company ( Japan) | ||||
Acura | Division | North America, China, Russia | ||
Honda | Division | Global | ||
7. PSA Peugeot Citroën S.A. ( France) | ||||
Citroën | Subsidiary | Global, except North America | ||
Peugeot | Subsidiary | Global, except North America | ||
8. Nissan Motor Company ( Japan) | ||||
Infiniti | Division | North America, Middle East, Taiwan, Korea, Russia, Europe | ||
Nissan | Division | Global | ||
9. Fiat S.p.A. ( Italy) | ||||
Abarth | Subsidiary | Global, except North America | ||
Alfa Romeo | Subsidiary | Global | ||
Ferrari | Subsidiary | Global | ||
Fiat | Subsidiary | Global, except North America | ||
Iveco | Subsidiary | Global, except North America | ||
Lancia | Subsidiary | Global, except North America | ||
Maserati | Subsidiary | Global | ||
10. Renault S.A. ( France) | ||||
Dacia | Subsidiary | Europe, Latin America, Asia, Africa | ||
Renault (cars) | Division | Global, except North America | ||
Renault Samsung | Subsidiary | Asia, South America | ||
11. Suzuki Motor Corporation ( Japan) | ||||
Maruti Suzuki | Subsidiary | India, Middle East, South America | ||
Suzuki | Division | Global | ||
12. Chrysler LLC ( United States) | ||||
Chrysler | Division | Global | ||
Dodge | Division | Global | ||
Jeep | Division | Global | ||
13. Daimler AG ( Germany) | ||||
AMG | Division | Global | ||
Freightliner | Subsidiary | North America, South Africa | ||
Maybach | Division | Global | ||
Mercedes-Benz | Division | Global | ||
Mitsubishi Fuso | Subsidiary | Global | ||
Orion | Subsidiary | North America | ||
Setra | Subsidiary | Europe | ||
Smart | Division | North America, Western Europe, Southeast Asia, South Africa | ||
Sterling | Subsidiary | North America, Mexico, Australia, New Zealand | ||
Thomas | Subsidiary | North America | ||
Western Star | Subsidiary | North America | ||
14. BMW AG ( Germany) | ||||
BMW | Division | Global | ||
MINI | Division | Global | ||
Rolls-Royce | Subsidiary | Global | ||
15. Mitsubishi Motors Corporation ( Japan) | ||||
Mitsubishi | Division | Global | ||
16. Mazda Motor Corporation ( Japan) | ||||
Mazda | Division | Global | ||
17. AvtoVAZ ( Russia) | ||||
Lada | Division | Russia, Europe | ||
VAZ | Division | Russia, Eastern Europe | ||
18. FAW Group ( People's Republic of China) | ||||
Besturn | Division | China | ||
Haima | Subsidiary | China | ||
Hongqi | Division | China | ||
19. Tata Motors Limited ( India) | ||||
Hispano | Subsidiary | Europe | ||
Jaguar | Subsidiary | Global | ||
Land Rover | Subsidiary | Global | ||
Tata | Division | India, South Africa | ||
Tata Daewoo | Subsidiary | South Korea | ||
20. Fuji Heavy Industries ( Japan) | ||||
Subaru | Division | Global | ||
21. Chang'an Automobile Company ( People's Republic of China) | ||||
Chang'an | Division | China, South Africa | ||
22. Isuzu Motors ( Japan) | ||||
Isuzu | Division | Global, except North America | ||
23. Beijing Automobile Works ( People's Republic of China) | ||||
BAW | Division | China | ||
Beijing Jeep | Subsidiary | China | ||
Foton | Subsidiary | China | ||
Haice | Subsidiary | China | ||
24. Dongfeng Motor Corporation ( People's Republic of China) | ||||
Dongfeng | Division | China | ||
25. Chery Automobile ( People's Republic of China) | ||||
Chery | Division | China, South Africa, Southeast Asia | ||
26. Shanghai Automotive Industry Corporation ( People's Republic of China) | ||||
MG | Subsidiary | UK | ||
Roewe | Division | China | ||
Soyat | Division | China | ||
SsangYong | Subsidiary | South Korea, South Africa, Europe, Australia | ||
Yuejin | Division | China | ||
27. Brilliance China Automotive Holding ( People's Republic of China) | ||||
Brilliance | Division | China | ||
Jinbei | Subsidiary | China | ||
28. GAZ ( Russia) | ||||
GAZ | Division | Russia | ||
LDV | Subsidiary | Europe | ||
LiAZ | Subsidiary | Russia | ||
29. Volvo Group ( Sweden) | ||||
Mack | Subsidiary | Global | ||
Renault (trucks) | Subsidiary | Global | ||
Nissan Diesel | Subsidiary | Global | ||
NovaBus | Subsidiary | North America | ||
Prevost | Subsidiary | North America | ||
Volvo (trucks) | Division | Global | ||
30. Harbin Hafei Automobile Industry Group ( People's Republic of China) | ||||
Hafei | Division | China | ||
31. Geely Automobile ( People's Republic of China) | ||||
Geely | Division | China | ||
Maple | Division | China | ||
32. Anhui Jianghuai Automobile Company ( People's Republic of China) | ||||
JAC | Division | China | ||
33. Mahindra ( India) | ||||
Mahindra | Division | India, South Africa | ||
34. Paccar Inc ( United States) | ||||
DAF | Subsidiary | Global, except North America | ||
Kenworth | Division | North America | ||
Leyland | Subsidiary | Europe | ||
Peterbilt | Division | North America | ||
35. Great Wall Motor Company ( People's Republic of China) | ||||
Great Wall | Division | China, South Africa | ||
36. Changhe ( People's Republic of China) | ||||
Changhe | Division | China | ||
37. BYD Auto ( People's Republic of China) | ||||
BYD | Division | China | ||
38. China National Heavy Duty Truck Group Company ( People's Republic of China) | ||||
Huanghe | Division | China | ||
Sinotruk | Division | China | ||
39. MAN AG ( Germany) | ||||
MAN | Division | Europe | ||
VW Trucks | Division | South America | ||
40. Navistar International ( United States) | ||||
IC | Subsidiary | North America | ||
International | Division | North America | ||
41. Fujian Motor Industry Group ( People's Republic of China) | ||||
Fujian | Division | China | ||
42. UAZ ( Russia) | ||||
UAZ | Division | Russia | ||
43. Shaanxi Automobile Group ( People's Republic of China) | ||||
Shaanxi | Division | China | ||
44. Kaima ( People's Republic of China) | ||||
Kaima | Division | China |
- Notes
* The OICA statistics rank the Toyota subsidiary companies Daihatsu and Hino separately, and Porsche separately from the Volkswagen Group and Hyundai separately from Kia; in this table they are included with Toyota [1] and Porsche [2] and Hyundai Kia [3] respectively.
** GM is in the process of selling Hummer, Opel, and Saab.
*** GM announced April 27, 2009 that production for Pontiac and Saturn would cease by the end of 2009, and GM would also retire the Pontiac brand, while still considering the sale of Saturn.[citation needed]
Minor automotive manufacturers
There are many automobile manufacturers other than the major global companies. They are mostly regional or operating in niche markets.
See also
- Big Three automobile manufacturers
- Category:Automotive industry by country
- Automotive market
- Automotive industry crisis of 2008
- Alliance of Automobile Manufacturers
References
- ^ "World Motor Vehicle Production by Country: 2005 - 2007". OICA.
- ^ "2008 Global Market Data Book", Automotive News, p.5
- ^ Plunkett Research, "Automobile Industry Introduction" (2008)
- ^ Kenworthy, J R (2004). "Transport Energy Use and Greenhouse Emissions in Urban Passenger Transport Systems" (PDF). Institute for Sustainability and Technology Policy. Retrieved 2008-07-22.
- ^ World Health Organisation, Europe. "Health effects of transport". Retrieved 2008-08-29.
- ^ Social Exclusion Unit, Office of the Prime Minister (UK). "Making the Connections - final report on transport and social exclusion" (PDF). Retrieved 2003-02-01.
- ^ IBISWorld Newsletter, June 2008, GLOBAL TRENDS Oil – The Crude Reality of Current trends, IBISWorld
- ^ Jeff Rubin (2009-03-02). "Wrong Turn" (PDF). CIBC World Markets.
- ^ "Record breaking figures for 2007 UK vehicle production". SMMT. 2008-01-25. Retrieved 2008-11-19.
- ^ "Motor Industry Facts 2008" (PDF). SMMT.
- ^ a b c http://en.wikipedia.org/wiki/List_of_countries_by_motor_vehicle_production
- ^ http://www.calcars.org/calcars-news/1052.html
- ^ Terry Shuler, Volkswagen: Then, Now and Forever(1997)
- ^ David Kiley, Driven: Inside BMW, the Most Admired Car Company in the World (2004); Ferry Porsche, We at Porsche: The Autobiography of Dr. Ing. h.c. Ferry Porsche (1977)
- ^ Giancarlo Reggiani, Porsche: The Legend: 1948 to Today (2007)
- ^ "Guide to global automaker partnerships" (PDF). msxi.nl. Retrieved 2009-04-06.
- ^ www.gm.com
- ^ "World Motor Vehicle Production: World Ranking of Manufacturers 2007" (PDF). OICA. Retrieved 2008-07-29.
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Ariel(small British car company)creator of the Ariel Atom, www.arielmotor.co.uk
External links
- Alliance of Automobile Manufacturers
- Automotive engineering learning website
- Plunkett Research, "Automobile Industry Introduction" (2008)
- Automotive Industry Analysis
- All vehicle manufacturers in the world (in Dutch with English etc. translation)
- Car makes of the world, 1894—present
- Automotive history and photos
- Automaker Rankings 2007: The Environmental Performance of Car Companies
- GFC - Motor Industry Repurcussions - Carsguide - Chrysler to file for bankruptcy
- GFC - Motor Industry Repercussions - Carsguide - GM kills Pontiac