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Holden, cuts, job, South Australia, Commodore, Cruze, Speed, Record, Guinness, World, Records, Stripped, Hennessey, Venom GT
Industry

Breakdown: Holden's $2 billion in funding

Holden’s decision to cut 500 jobs has seen it make headlines around the world – with many outlets focusing strongly on the brand’s hefty government funding.

Holden, cuts, job, South Australia, Commodore, Cruze, Speed, Record, Guinness, World, Records, Stripped, Hennessey, Venom GT
Industry

Holden axes 500 jobs

Just two months from the launch of its new VF Commodore, Holden will cut 500 jobs from its plants in South Australia and Victoria.

Ferrari profits and sales soar
Industry

Ferrari profits soar thanks to three of its top models

Ferrari has recorded a significant increase in both profits and sales thanks to three of its top models

Saab sold - to Koenigsegg!
Industry

Saab sold - to Koenigsegg!

Saab stays in Swedish hands.

US Mail - Trainer wheels
Industry

US Mail - Trainer wheels

Wheels US correspondent John Lamm updates us on the latest mishaps and money problems in Motown.

Heir to a shaky throne
Industry

Heir to a shaky throne

Toyota CEO takes massive 30 percent paycut, predicts another two-years of financial loss.

The resurrection of Chrysler
Industry

The resurrection of Chrysler

Forty two days. That's how long it took to bring bankrupt Chrysler back from the brink ...

The many GMs of General Motors
Industry

The many GMs of General Motors

The new New GM chairman is former AT&T chief Edward Whitacre, Jr.

US Mail: The consequences of GM's actions
Industry

US Mail: The consequences of GM's actions

From faultlines to full 'quake: Wheels' US correspondent John Lamm analyses the aftermath of the General Motors collapse.

Saab saved by fellow Swede?
Industry

Saab saved by fellow Swede?

Saab may be bought out by fellow automaker and supercar company Koenigsegg.

The calm after the storm
Industry

The calm after the storm

Holden's American-born boss steps up to the plate swinging at the official Holden media briefing at Fisherman's Bend this morning. Wheels' Bruce Newton reports.

Holden stands alone
Industry

Holden stands alone

It's business as usual for Holden, despite its parent company going under.

Broke and broken
Industry

Broke and broken

GM files for bankruptcy protection with an unmovable deficit of $US172.8 billion in debts. The Official GM statement

Fiat gets Chrysler, while Opel goes to pieces
Industry

Fiat gets Chrysler, while Opel goes to pieces

Much of the spotlight has been on the GM restructuring but meanwhile Fiat has dipped out on Opel. Large chunks have gone to parts supplier Magna and to a Russian company, while Fiat focuses on Chrysler.

Ford left out in the cold?
Industry

Ford left out in the cold?

Ford fears it may be forgotten in the US government's grand plans to resurrect its car industry

Suzuki bucks the trend
Industry

Suzuki bucks the trend

Finishes in the black again, like it has every year since 1950.

The General's last stand
Industry

The General's last stand

Angry bondholders may have finally fired GM straight into Chapter 11 of the bankruptcy book, as the Obama administration and GM boss Fritz Henderson prepare to address the media tomorrow.

Two recalls for Pontiac G8
Industry

Two recalls for Pontiac G8

More bad news for Holden fans, with the now-defunct Commodore collaboration suffering a recall.

SsangYong finds a lifeline
Industry

SsangYong finds a lifeline

The Korean carmaker has kept liquidators at bay with promisees of a full company restructure and new eco-friendly models.

Shrink wrap
Industry

Shrink wrap

Nissan recalls over 360,000 first-gen Murano SUVs in the USA due to shrinking intake ducts.

He's no kidder ...
Industry

He's no kidder ...

Chrysler has appointed C. Robert Kidder as the new chair of Chrysler Group.

Cash for clunkers
Industry

Cash for clunkers

Audi Australia boss calls for incentives to scrap old cars to aid the car industry, road safety and the environment.

Audi swims against the tide
Industry

Audi swims against the tide

Audi continues to sell up a storm, but it won't catch BMW. This year ...

Toyota forecasting A$11.3 billion loss
Industry

Toyota forecasting A$11.3 billion loss

Wrong products for the times and no quick return to the black for the world's number one car manufacturer.