| GM Presents U.S. Government Updated Plan for a Viable, Sustainable... |
Feb 18th, 2009 |
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Restructured GM to be Re-focused, Streamlined and Simplified - Updated plan demonstrates GM's viability, despite further deterioration in global economy - Accelerated cost reductions
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| GM seeks up to $30B in aid, will cut 47,000 jobs |
Feb 18th, 2009 |
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All Associated Press news DETROIT (AP) - General Motors Corp., presenting a dire outlook for the future, said Tuesday it may need $30 billion in total government financing to weather the economic down...
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| To Suspend Japan Production Operations For 3 Days In Apr |
Feb 18th, 2009 |
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But the world's biggest car maker by volume said that it expects its domestic output volume to increase in May from April as its inventory adjustment will progress and it will also have to prepare f...
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| GM and Chrysler seek nearly $22 billion more in aid |
Feb 18th, 2009 |
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All Thomson Reuters news DETROIT (Reuters) - General Motors Corp and Chrysler LLC requested nearly $22 billion in additional U.S. government loans and said they had reached tentative deals with the Un...
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| Market Report -- In Play |
Feb 18th, 2009 |
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General Motors presents U.S. Government updated plan for a viable, sustainable company Co presented the United States Department of Treasury with an updated plan that boldly responds to the weaker glo...
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| EU approves joint venture by Rolls-Royce, Mubadala |
Feb 18th, 2009 |
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British aircraft engine manufacturer Rolls-Royce won approval on Tuesday from the European Union (EU) to form a joint venture with United Arab Emirates-based investment fund Mubadala. The European Com...
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| Chrysler Promises Viability . . . but Needs $5 Billion |
Feb 18th, 2009 |
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Chrysler LLC on Tuesday insisted it had embarked on a path towards becoming a viable carmaker but said it needs another $5 billion in emergency government loans to weather an economic crisis engulfing...
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| Chrysler Asks Government For $5b More In Loans |
Feb 18th, 2009 |
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Posted: 5:12 pmFebruary 17, 2009 DETROIT - Chrysler LLC on Tuesday told the U.S. government it needs even more taxpayer money to survive. General Motors is expected to do the same. Acknowledging that ...
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| American cars and electric models are biggest turn-offs in sales slump |
Feb 18th, 2009 |
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Sales of two Chrysler models were virtually wiped out, while the collapse in the market for electric cars was confirmed.The Jeep Commander 4x4, costing some £32,000, lost 97 per cent of its sales com...
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| Chrysler plan seeks $2 billion more in federal aid, will cut 3,000 more jobs |
Feb 18th, 2009 |
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Chrysler LLC wants an additional $2 billion in federal aid, on top of the $4 billion received to date and the $3 billion it has requested but has not been granted. In addition, the struggling Auburn H...
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