| Edmonton-based auto dealership co. pulls back |
Feb 17th, 2009 |
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) says it is cutting cash distributions because of deteriorating economic conditions. Dropping the distribution from $0.0833 per unit to $0.0417 per unit starting this month will provide additional fi...
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| Wal-Mart, General Motors, Google in the spotlight |
Feb 17th, 2009 |
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U.S. stock market futures dropped Tuesday after a three-day break, as concerns over possible bankruptcies in the auto sector returned and a New York index of manufacturing activity hit an all-time low...
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| Beijing adds 1,466 cars to roads each day |
Feb 17th, 2009 |
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By Arshad MohammedTOKYO (Reuters) - U.S. Secretary of State Hillary Clinton called for coordinated action to revive the global economy on Tuesday and invited Japanese Prime Minister Taro Aso to meet P...
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| Chrysler Is Still A Burden For Daimler |
Feb 17th, 2009 |
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's stock took a hit on Tuesday, after the company gave no outlook for its business in 2009, amid a sharper drop in sales and expectations of a steep decline for Chrysler, in which Daimler owns a 19.9%...
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| Treasury says expects Chrysler, GM reports after 4pm eastern |
Feb 17th, 2009 |
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WASHINGTON (MarketWatch) -- General Motors Corp. and Chrysler LLC are likely to submit their survival plans to Treasury after 4:00 pm eastern time, the department said Tuesday. Under terms of the deal...
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| General Motors Presses Unions on Retiree Benefits |
Feb 17th, 2009 |
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General Motors Corp. Monday was pushing autoworker union negotiators for concessions on retiree healthcare benefits, The New York Times reported. GM and Chrysler LLC have until Tuesday to present the ...
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| Lefty Abbott, Watley to join Toyota women |
Feb 17th, 2009 |
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TOKYO, Feb. 17 (AP) - (Kyodo)—Lefty Monica Abbott and infielder Natasha Watley, both of whom played key roles for the United States in a bid against Japan for the gold medal at the 2008 Beijing O...
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| They Want More Auto Execs Go Driving for Dollars... Again |
Feb 17th, 2009 |
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meet specific requirements to continue receiving aid , including trimming billions of debt and changing the funding for health care for retired workers. Both conditions have proven to be serious stick...
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| Delphi retirees fight proposed benefit cuts |
Feb 17th, 2009 |
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WASHINGTON -- A group of more than 1,000 Delphi salaried retirees has hired a San Francisco law firm to try to block the Troy-based auto supplier from cancelling their health care and life insurance b...
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| General Motors, Chrysler Down to the Wire |
Feb 17th, 2009 |
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With a Tuesday deadline looming to submit proof to the government that they can survive, troubled US automotive giants General Motors and Chrysler were still locked in negotiations with unions and cre...
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