| Redundancies expected at Toyota |
Feb 19th, 2009 |
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Recession-hit car maker Toyota has confirmed it is accepting voluntary redundancies at its Derbyshire plant. The firm employs about 4,000 workers at the Burnaston site and met workers' representative...
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| Ford, Chrysler, GM Woes Offer Democrats, Republicans Post-Partisan Opportunity |
Feb 19th, 2009 |
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. Just weeks after the Bush administration pulled GM and Chrysler back from the brink of near certain bankruptcy, much of the domestic auto industry is once again at the precipice. What has become cl...
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| CarAdvice The Magazine Issue#4 |
Feb 19th, 2009 |
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Please feel free to distribute The Magazine among your colleagues. This PDF format newsletter can be sent directly to you each month, highlighting the best our site has offered since last you checked...
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| Consumer Reports to Partner With X PRIZE Foundation on Automotive Safety Testing and Education |
Feb 19th, 2009 |
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PLAYA VISTA, CA--(Marketwire - February 18, 2009) - Consumers Union, the nonprofit publisher of Consumer Reports and ConsumerReports.org and the X PRIZE Foundation today announced details of a uniqu...
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| 9 Bailout Surprises From GM and Chrysler |
Feb 19th, 2009 |
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Back in December, economist Mark Zandi of Moody’s Economy.com told Congress that bailing out the Detroit automakers could ultimately cost $75 billion to $125 billion. So when GM and Chrysler ask...
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| The Smart All-rounder for Outdoor Enthusiasts |
Feb 19th, 2009 |
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The Saab 9-3X is a rugged all-round car designed to take active individualists to the start of their adventure. With distinctive looks, a versatile SportCombi body, higher stance and advanced all-whee...
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| GM says it will need to make $18 billion in pension contributions by 2014 |
Feb 19th, 2009 |
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WASHINGTON -- General Motors Corp. said it needs to make $18.2 billion in pension contributions by 2014 and is exploring options for its underfunded pension plans. In a conference call today, GM chief...
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| US automakers GM and Chrysler seek more government aid |
Feb 19th, 2009 |
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US$ 5 billion in aid on top of the four billion it has already received, saying that it plans to fire three thousand employees. At the end of last year, the auto maker had just over 54,000 employees, ...
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| Industrial output down 1.8% on weak autos |
Feb 18th, 2009 |
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WASHINGTON (MarketWatch) - The decline in output at the nation's factories continued in January, led by a plunge in auto production, the Federal Reserve reported Wednesday.
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| Toyota freezes UK pay, bonuses |
Feb 18th, 2009 |
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LONDON (Reuters) -- Toyota Motor Corp. is freezing pay and management bonuses at its U.K. car-making operations in 2009, the company said on Wednesday, as carmakers grapple with a sharp downturn in gl...
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