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« Automotive News' top 10 stories of 2008 |
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| Auto industry girds for chilling Dec. sales report »
GM and Chrysler nearly run out of cash before seeking help. The chairmen of the Detroit 3 fly corporate jets to Washington to ask for help. Toyota's decade-long truck buildup runs into $4 a gallon gas price ditch. Tata Motors unveils $4,500 Tata Nano but is still trying to get production under way. While running out of cash, GM wastes time in vain attempt to merge with Chrysler. GM launches H3T Hummer while announcing sale of brand and gas prices go over $4 a gallon. Two 2009 Lamborghini Gallardo LP560-4s collide in front of hundreds during global media unveiling. |
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