To fix that, Mr. Ghosn said, it was critical that car companies reinstill passion in developing new cars and trucks, which in turn will lead troubled automakers back to profitability.
Phoenix wants to maintain the troubled British automaker as a mass producer of cars and a guarantor of thousands of British jobs.
G.M. has been negotiating to buy some of the assets of the Daewoo Motor Company, the troubled South Korean automaker.
It was the latest cost-cutting initiative by the financially troubled automaker.
The previous result was shaped largely by the company's revaluation of its investment in Fiat, the troubled Italian automaker, that cost it $1.37 billion after tax, or $2.44 a share.
He may buy a controlling interest and relieve General Motors of its potential obligation to acquire the 80 percent stake in the iconic but troubled Italian automaker that it doesn't already own.
Yet again, the troubled Italian automaker was reorganized, becoming restructured into a holding company, Lamborghini Holding S.p.A., with Audi president Franz-Josef Paefgen as its chairman.
Creditors Delay Daewoo Decision Creditors of Daewoo Motor, the troubled South Korean automaker, postponed until this afternoon a decision to declare the company bankrupt.
The success of the new Ford commercial hinges largely on the extent to which consumers see Mr. Ford as someone who, like Mr. Iacocca, can rebuild a troubled automaker.
AFTER decades of standing pat on its agency lineup, the troubled automaker General Motors is finally taking steps to shake things up.