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Fitch Ratings: US automakers well positioned for weak demand in 2012; estimates break-even for Detroit 3 at 10.5M units

Green Car Congress

did in 2009, resulting in a significant decline in vehicle production, Fitch could switch the rating to Negative. Fitch estimates that the break-even industry sales level for the Detroit Three and major parts suppliers is now about 10.5 rapidly weakening worldwide economy causes the global auto market to collapse, much as it.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

In late 2008, BYD started selling the first production PHEV in China. Weve kept the summary table below generally up-to-date for passenger PHEVs, but not for BEVs, motorcycles or larger vehicles like buses and trucks. Several dozen prototypes on 15-passenger van since 2004; now in second generation development; no production plans.

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GM on the brink…

Revenge of the Electric Car

DETROIT — The rapidly deteriorating finances of General Motors are forcing the federal government to decide whether to bail out the largest American automaker or face the prospect that it might go bankrupt. Congressional leaders expressed some support for the beleaguered Detroit automakers, without making specific promises.

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