Cars & Automotive » Monday 17 November 2008
auto suppliers join hearings for auto industry aid
17-11-08
22:50
GMTAuto supplier leaders will join the Detroit 3 chiefs in Washington, D.C., this week to push for emergency federal aid to the automotive industry.
denying big three a bailout can be a historic opportunity to get america off oil and save detroit
17-11-08
22:25
GMTThis entry has no description.
gm to sell remaining suzuki stake for 230 million us
17-11-08
22:22
GMT 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
17-11-08
22:22
GMT 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
17-11-08
22:22
GMT 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
17-11-08
22:02
GMTThirty-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
17-11-08
22:02
GMTA 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
17-11-08
22:02
GMTA 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
17-11-08
22:02
GMTAutomakers 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
17-11-08
21:36
GMTFiled 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
17-11-08
21:36
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death of detroit would wallop ad world
17-11-08
20:41
GMTIf 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
17-11-08
20:41
GMTGetrag 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
17-11-08
20:41
GMTA 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
17-11-08
20:41
GMTSpeaking 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
17-11-08
20:41
GMTCash-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
17-11-08
20:41
GMTChrysler 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
17-11-08
20:41
GMTThe 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.



