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Cars & Automotive » Monday 17 November 2008
« 17 November 2008 »
1 2 3 4 5 61 - 18 / 107

auto suppliers join hearings for auto industry aid

Auto supplier leaders will join the Detroit 3 chiefs in Washington, D.C., this week to push for emergency federal aid to the automotive industry.

gm to sell remaining suzuki stake for 230 million us

GM will sell its remaining stake in Suzuki Motor for 230 million US. The troubled automaker is selling off assets to raise cash as GM is losing about 2.3 billion US dollars a month at its current rate.

video: gm higlights the consequences of automakers collapse

GM puts out a video on the dire consequences to the US economy if the big 3 automakers are allowed to collapse. GM, Ford and Chrysler are hoping for a government bailout in the form of 25 billion US dollars in loan guarantees.

fiat abarth co-brands with intel pc and yamaha fz1

Collaboration deals between Abarth and its new partners Intel and Yamaha promise to bear future fruit. Right now though they bear a super-fast gaming PC and a lightweight bike.

chrysler dealers go to d.c., ask for industry bridge loan

Thirty-three Chrysler LLC dealers from 25 states converged on Washington today to lobby lawmakers for a bridge loan to get the domestic industry through its crisis.

suppliers' lockout of workers enters 2nd week in canada

A lockout of workers by a Canadian supplier of aluminum parts to General Motors and Ford Motor Co. is entering its second week, a labor leader says.

ga. state senator bids for flagship heard store

A Georgia state senator has filed a bid for the flagship store of bankrupt dealership group Bill Heard Enterprises Inc. On Friday, Nov. 14, Sen. Emanuel Jones bid $12.5 million for the store in Columbus, Ga.

senator calls for 50 mpg as condition for aid

Automakers that receive federal aid should double the fuel economy of their fleets by 2020, Sen. Bill Nelson, D-Fla., said today.

getrag's u.s. transmission plant files for ch11 after chrysler pull-out

Filed under: Plants/Manufacturing, Chrysler, LLC.The roundabout that was the Chrysler, LLC-Getrag partnership recently came to an end with Chrysler pulling out the deal, citing untenable financing terms. Now Getrag Transmission Manufacturing, the U.S. company that was going to build the dual-clutch transmissions for Chrysler, has filed for Chapter 11. Getrag has done so in order to streamline its handling of claims and creditors.Of course, it's n
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dc designs creates another roller atrocity

Filed under: Etc. Click above for a gallery of the DC Designs Ambierod We don't know how we missed this, but earlier this year DC Designs - the car-creator founded by Dilip Chhabria - unveiled the DC Ambierod at the 2008 New Delhi Auto Expo. The coupe was supposedly inspired by the Hindustan Ambassador, on which the Ambierod is based, and Chhabria wanted to create the Indian equivalent of the Holden Efijy concept from 2005. In short, he failed -
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death of detroit would wallop ad world

If you think you're insulated from the death rattle of Detroit, think again. General Motors, Ford Motor Co. and Chrysler together accounted for 3.3 percent of 2007 U.S.

getrag-chrysler joint venture files chapter 11

Getrag Transmission Manufacturing LLC, a planned U.S. transmission-building operation in Indiana, has filed for Chapter 11 bankruptcy protection after Chrysler LLC's pullout from the joint venture.

sparks fly over auto bailout

A bailout for the automobile industry being pushed by Democrats would assist companies that shouldn't be getting aid, open the door to other undeserving applicants, and stretch the limits of government, according to several prominent economists and...

congressman at honda plant: detroit 3 bankruptcy better than bailout

Speaking on the sidelines of the dedication of a new Honda Motor Co. assembly plant here, a U.S. congressman said reorganization in U.S. Bankruptcy Court would be preferable to a federal bailout of the Detroit 3. U.S. Rep.

gm dumps suzuki stake for much-needed cash

Cash-strapped General Motors will dump its 3 percent stake in Japan's Suzuki Motor Corp. for about $230 million as it scrambles for funds to avert collapse.

chrysler, zf poised to announce axle pact

Chrysler LLC appears to have a deal with German axle maker ZF Friedrichshafen AG to operate an axle plant being built in Marysville, Mich.

letters to the editor: readers weigh in on government help

The Detroit 3's quest to secure emergency federal aid has inspired a rush of letters from our readers. Here's a sampling. We will add more as they come in.
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