| No Fiat deal closing by Tuesday |
Feb 13th, 2009 |
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News ) - The deal for Italian automaker Fiat SpA to take a 35 percent stake in Chrysler LLC will not be finished until after Chrysler submits a restructuring plan to the federal government, a Chrysler...
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| Toyota Takes the Knife to U.S. Labor Costs |
Feb 13th, 2009 |
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With sales in the doldrums, Toyota is offering buyouts to 18,000 U.S. workers, reducing wages, and slashing bonuses. But no layoffs so far
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| Auto tax break could boost sales by nearly 100,000 vehicles |
Feb 13th, 2009 |
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WASHINGTON -- A $2 billion tax break that makes the sales tax on most new car purchases deductible through the end of the year will increase auto sales by 94,000 vehicles, a research firm said Friday....
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| Tax Incentives for Car Buyers Trimmed in Final Version of Stimulus Package |
Feb 13th, 2009 |
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What does the final version of the $789 billion stimulus package have in it for car buyers? The answer is a bit less than some hoped for. Under an amendment originally proposed by Sen. Barbara Mikuls...
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| Sask. new car sales stall in December |
Feb 13th, 2009 |
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After several months of robust sales, relative to the rest of the country, Saskatchewan's new car dealerships felt a pinch last December, according to figures released Friday by Statistics Canada. Th...
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| Musclecars, street performance hottest trends for racers in 2009 |
Feb 13th, 2009 |
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A recent poll of enthusiasts that participate in sanctioned racing events indicates that musclecars and street performance will be the hottest trends in 2009. SEMA surveyed more than 2,000 enthusiasts...
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| Pelosi urges automakers to submit |
Feb 13th, 2009 |
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WASHINGTON -- House Speaker Nancy Pelosi on Friday urged the CEOs of General Motors Corp. and Chrysler LLC to each submit "a credible restructuring plan." The letters -- to GM chairman and CEO Rick Wa...
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| A way of life disappears for families who worked for generations in auto industry |
Feb 13th, 2009 |
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L ANSING, Mich. - Four generations and 127 years. That’s Kurt Surato’s direct bloodline to General Motors Corp., starting with his great-grandfather who swept floors in 1912 for auto pione...
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| Chrysler and Nissan put projects on hold |
Feb 13th, 2009 |
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Nissan and Chrysler to put on hold two joint ventures to build vehicles for each other.Chrysler said that teams working on the vehicles have been asked “to improve the financial objectives for both ...
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| 2010 Porsche Panamera’s Interior |
Feb 13th, 2009 |
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It’s been a couple months since we got our first glimpse of Porsche’s all-new four-door Panamera GT. Today, we finally get a peek at the interior and also find out more about powertrains, trim lev...
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