| Amid slump, General Motors drives away from Oscars |
Feb 19th, 2009 |
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Los Angeles - The two main sponsors underwriting the broadcast of the Oscar ceremony on Sunday have withdrawn from the glittering event this year, prompting broadcaster ABC to reduce its advertising r...
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| GM, Chrysler Paint Dire Picture in Plea for More Federal Aid |
Feb 19th, 2009 |
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Nine weeks after automakers made their first plea to Congress for emergency aid, General Motors and Chrysler submitted new restructuring strategies and requests for additional federal funds that could...
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| Most Americans say no to auto giants |
Feb 19th, 2009 |
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CHICAGO, Feb. 18 (Xinhua) -- About 85 percent of U.S. people believe the government should not give General Motors and Chrysler LLC the additional money they are asking for, according to a survey, con...
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| UAW deal cuts bonuses, some raises |
Feb 19th, 2009 |
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DETROIT -- People briefed on the United Auto Workers' deal with Detroit's three automakers say it limits overtime, changes work rules, cuts lump-sum cash bonuses and gets rid of cost-of-living pay rai...
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| Opel Plans Own Restructuring Plan to Avert Layoffs |
Feb 19th, 2009 |
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GM Europe says it will draft its own restructuring plan and is ready to discuss alliances and outside investments to avert job cuts and plant closures, especially at German unit Opel. Berlin is ready ...
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| 2010 Mazda3 Pricing Released |
Feb 19th, 2009 |
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Mazda3 goes on sale next month, and the base Mazda 3i sedan with a manual transmission will start at $15,045. That’s $355 more than the outgoing model, but less than the least expensive Honda Civic,...
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| Bankruptcy for GM, Chrysler Could Cost More Than Loans |
Feb 19th, 2009 |
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If there’s ever been a better situation for the phrase “damned if you do, damned if you don’t” than Chrysler and GM’s current financial situation, you’d be hard-pressed to find it. With G...
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| 2009 Chrysler Town & Country and Dodge Grand Caravan |
Feb 19th, 2009 |
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National Highway Traffic Safety Administration . The vehicles were recalled due to a faulty electrical connector in the optional Blind Spot Detection System. This could cause a number of problems, th...
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| Toyota to readjust production in Japan |
Feb 19th, 2009 |
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Tokyo: Toyota Motor Corp on Wednesday said it plans to halt production at its Japanese factories for three days in April and raise output slightly in May as it expects to make progress in cutting inve...
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| America needs Detroit 3 |
Feb 19th, 2009 |
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In the midst of a steady stream of doom-and-gloom automotive news, some experts have moved past a last-resort acceptance of the Detroit 3's downward spiral and are looking toward a future that not onl...
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