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GM and Chrysler in merger talks

By Ben Oliver Motor Industry 13 October 2008 09:12 General Motors and Chrysler are in talks to merge and create the world’s biggest car company. Reports in the New York Times and Wall Street Journal say the talks have been underway since the start of October 2008, and sources close to the possible deal put its chances of success at ’50-50’. All three US car makers have seen their sales decimated in recent months and have been forced to deny that they might seek bankruptcy protection.

Dealer's belief in Porsche led to $5 million store

Car dealer Jack Daniels IV is used to seeing the grins on people's faces when they hear his name. And he's OK with it. "People have said, 'It's my favorite drink, so I thought I'd buy a car from you,' " says Daniels, who in April opened the largest Porsche dealership in America.

Nissan expects 20,000 initial orders for Leaf EV

Nissan North America will begin taking sales orders for its new Nissan Leaf electric vehicle next spring and expects to have 20,000 of them pre-sold by the time the model reaches U.S. showrooms in the third quarter. “We are confident we will have 20,000 reservations for the Leaf by the time it goes on sale,” Carlos Tavares, Nissan's chairman for the Americas, said Tuesday.