| UAW says it has deal with Ford and others |
Feb 18th, 2009 |
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The United Auto Workers union says it has reached a tentative deal with Chrysler, General Motors and Ford to modify its 2007 contracts with the automakers.Union President Ron Gettelfinger says in a st...
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| EU approves joint venture by Rolls-Royce, Mubadala |
Feb 18th, 2009 |
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BRUSSELS, Feb. 17 (Xinhua) -- 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 f...
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| GM says it may need up to $30 billion in gov |
Feb 18th, 2009 |
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DETROIT - General Motors and Chrysler asked the government for an additional $14 billion in aid, a dramatic acknowledgment that conditions in the U.S. auto industry have grown significantly worse in ...
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| Chrysler promises viability, but needs 5 billion dollars |
Feb 18th, 2009 |
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Washington - Chrysler LLC on Tuesday insisted it had embarked on a path towards becoming a viable carmaker but said it needs another 5 billion dollars in emergency government loans to weather an econo...
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| North American auto crisis sends markets tumbling |
Feb 18th, 2009 |
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TORONTO - The do-or-die crisis gripping the once-mighty North American auto industry sent stock markets, the price of oil and the Canadian dollar into a tailspin Tuesday as U.S. President Barack Obama...
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| GM says it may need up to $30B more in loans; Chrysler seeks $5B |
Feb 18th, 2009 |
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(GM) restructuring proposal says the company may need up to $30 billion in government loans as it implements a survival plan that includes cutting 47,000 jobs and closing five more U.S. factories.
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| Chrysler seeking $2-billion more |
Feb 18th, 2009 |
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Chrysler LLC needs another $2-billion (U.S.) on top of $4-billion it has already received and $3-billion it is awaiting from the U.S. government, the auto maker said Tuesday. The additional money i...
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| Man fined for selling damaged American cars in Alberta |
Feb 18th, 2009 |
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EDMONTON — A Calgary man has been fined $700 for importing dozens of badly damaged American cars, fixing them in Ontario and then selling them to Albertans , Alberta Justice says.Maciej Andrew Mika,...
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| White House Open To Option Of Bankruptcy Filing By Auto Cos |
Feb 18th, 2009 |
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-(Dow Jones)- U.S. President Barack Obama's chief spokesman left open the possibility Tuesday that the administration would facilitate a bankruptcy filing by
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| Mitsubishi Motors Mulls Ending Chrysler OEM Deal - Report |
Feb 18th, 2009 |
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(7211.TO) is considering canceling its original equipment manufacturer contract with Chrysler LLC around 2010, effectively ending its tie-up with the U.S. automaker, the Mainichi Shimbun reported W...
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