| The story continues, gritty as ever |
Feb 18th, 2009 |
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/article tools - narrow (used with span photos) --> Of the many great lines in the classic 1985 film "The Breakfast Club," my favorite has always been the knowing enticement delivered by Judd Nelso...
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| Insurers cut cover for suppliers to Jaguar |
Feb 18th, 2009 |
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Jaguar Land Rover (JLR) has joined the ranks of automotive giants shunned by major trade credit insurers as a significant risk of bankruptcy.
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| Honda S2000 Ultimate Edition on sale in Europe |
Feb 18th, 2009 |
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Tokyo - Honda is offering a limited edition of the S2000 two-seater sports car on European markets to mark the end of the sports car's production, featuring a Grand Prix white paintwork and graphite a...
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| GM, Chrysler ask for 21.6 bln dollars in more US loans |
Feb 18th, 2009 |
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US government loans to stave off bankruptcy and win extra time for restructuring. Both companies insisted they would be able to repay the loans as they presented long-term viability plans to the
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| GM, Chrysler seek additional federal lending to turn around business+ |
Feb 18th, 2009 |
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NEW YORK, Feb. 17 (AP) - (Kyodo)General Motors Corp. and Chrysler LLC said Tuesday they need an additional $16.6 billion and $5 billion, respectively, in emergency federal lending to turn around...
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| GM says its in talks with Delphi over factories |
Feb 18th, 2009 |
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GM No. 2 executive Fritz Henderson says talks are under way for possible transfer of some plants should Troy-based Delphi fail to emerge from the Chapter 11 bankruptcy protection it entered in 2005.He...
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| Nikkei opens at fresh 3-month low on U.S. recession, auto worries+ |
Feb 18th, 2009 |
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TOKYO, Feb. 18 (AP) - (Kyodo)Japan's key Nikkei stock index opened 2 percent lower Wednesday, touching a fresh intraday low in nearly three months on worries about the deepening U.S. recession a...
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| Cricket Tycoon Stanford On $9bn Fraud Charges |
Feb 18th, 2009 |
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England cricket chiefs have suspended dealings with billionaire Sir Allen Stanford after he was charged over an alleged fraud "of a shocking magnitude". The financier was behind last year's million-...
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| General Motors Axing 47,000 Jobs Across World |
Feb 18th, 2009 |
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General Motors has revealed it is to axe 47,000 jobs around the world in 2009. The American car giant said 26,000 of its job cuts will come from outside the United States, as part of a major restruc...
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| White House:All Parties Must Help Ensure Auto Cos Viability |
Feb 18th, 2009 |
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"It is clear that going forward, more will be required from everyone involved - creditors, suppliers, dealers, labor and auto executives themselves - to ensure the viability of these companies going...
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