| Toyota takes measures to trim costs in US |
Feb 13th, 2009 |
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Toyota said it was cutting production days, freezing wages, eliminating or reducing employees’ bonuses, and cutting executive pay in North America in response to the motor industry’s worst slump i...
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| Chrysler faced with equity carve-up |
Feb 13th, 2009 |
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Chrysler faced with equity carve-up By Julie MacIntosh in New York and Bernard Simon in Toronto Published: February 12 2009 23:26 | Last updated: February 12 2009 23:26
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| GM workers to perform volunteer work during plant shutdown |
Feb 13th, 2009 |
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(GM) workers who normally manufacture Chevrolet Express and GMC Savana vans face a three-week shutdown of their Wentzville, Mo., plant, due to sluggish sales and the poor economy.
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| Soon, cars will talk to each other to avert accidents |
Feb 13th, 2009 |
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A radio technology that allows cars to 'talk' to each other and avert accidents is being tested now.
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| SEMA responds to economic crisis with series of workshops |
Feb 13th, 2009 |
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A series of new workshops to help SEMA member businesses survive the severe economic crisis is scheduled to begin later this month.The “2009 SEMA Recession Survival Series” recognizes that...
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| Bad weather fails to put a damper on Pirelli Drivers Cup race |
Feb 13th, 2009 |
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A series of intermittent downpours and cold temperatures at the 2009 season opener for the Pirelli Drivers Cup kept the competing racers on their toes. The all-Porsche event in Las Vegas last weekend ...
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| Network appoints Frey as director of product |
Feb 13th, 2009 |
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The Automotive Distribution Network has promoted Tom Frey to serve as the association’s new director of product, according to Mike Lambert, president of the Network. “Tom brings diverse, r...
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| Ford debt costs rise |
Feb 13th, 2009 |
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Credit-default swaps traders are demanding as much to protect against a Ford Motor Co. default as they are for General Motors Corp., a sign investors think the automaker will need to seek government a...
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| BRIC outward FDI - the dragon will outpace the jaguar, the tiger and the bear |
Feb 13th, 2009 |
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See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactive To...
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| Toyota Seeks To Shed U.S. Workers |
Feb 13th, 2009 |
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's incoming president, Akio Toyoda, has promised to make aggressive changes. They're already happening.The Japanese automaker will try to buy out American workers for the first time as it cuts product...
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