We thought that the bailout would put an end to nasty stories coming from GM but we were wrong! Latest victim of the well-known turmoil is Pontiac G8 Sport Truck. It was to go on sale this year but GM reportedly killed the project and limit Pontiac models to only three vehicles by 2012.  Based [...]

Global financial crisis is growing like cancer and affecting different parts of the business. Gulf news reports that the number of vehicle loan applications being rejected by banks in the Middle East has risen from 5% to more than 20%, which add up to sales turmoil and in brief makes a mess of car business! [...]