| General Motors, Deere, Goodyear Tire big movers |
Feb 19th, 2009 |
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NYSEGeneral Motors Corp., down 12 cents to $2.06The automaker said late Tuesday it would cut 47,000 jobs and may need as much as $30 billion from the government to survive.Goodyear Tire & Rubber Co., ...
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| Bill to revamp auto-insurance system runs out of gas |
Feb 19th, 2009 |
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A bill that would have repealed the so-called tort system for automobile accidents collided with the House Business Affairs and Labor Committee and was blocked in a 7-3 vote. House Bill 1226, sponsor...
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| 2010 Kia Sorento sneak peak |
Feb 19th, 2009 |
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The 2010 Kia Sorento, which is to be unveiled at April’s Seoul Motor Show, will be larger than the current model and feature a third row seat.
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| Auto Suppliers Face a Lose-Lose Situation |
Feb 19th, 2009 |
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General Motors Corp. and Chrysler LLC's plans to the government call for either cutting the number of suppliers or demanding more price cuts.Both would mean a hit for suppliers already pressured by pr...
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| PCI testifies against anti-consumer auto insurance bills |
Feb 19th, 2009 |
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– The Property Casualty Insurers Association of America (PCI) testified against several anti-consumer auto insurance bills that are being considered by the Connecticut Insurance and Real Estate ...
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| Chrysler discusses marriage of convenience with GM |
Feb 19th, 2009 |
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October 13, 2008 By Kevin Krolicki and Jui Chakravorty Das Detroit and New York - Chrysler has had talks with General Motors (GM) about a deal to combine the leading and third-largest US vehicle maker...
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| Toyota to reject union |
Feb 19th, 2009 |
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TOKYO — Toyota Motor Corp plans to reject its trade union’s pay-scale hike demand this year for the first time in four years in response to the rapid deterioration of its earnings, compan...
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| Hyundai HED-6 concept pics leaked |
Feb 19th, 2009 |
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With design features including a hexagonal grille, more angular body lines, a big move away from the rounded Tucson we’ve come to know, and back-swept headlamps, the concept model rides on 21-in...
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| Virgin Group reportedly in talks for Honda F-1 team |
Feb 19th, 2009 |
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LONDON — British entrepreneur Richard Branson’s Virgin Group has emerged as a prospective buyer of the Honda Formula One team, Reuters news agency reported Tuesday. Reuters quoted an unid...
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| GM scraps high-performance unit |
Feb 19th, 2009 |
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General Motors has today disbanded its High Performance Vehicle Operations unit instead deciding to focus on mainstream products in a battle to survive.
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