| Pickup Adds New, Standard Safety Technologies to... |
Feb 6th, 2009 |
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/PRNewswire-FirstCall/ -- -- The 2010 Ford Ranger will add as standard equipment this summer a segment-exclusive safety technology -- AdvanceTrac(R) with RSC(R) (Roll Stability Control) -- that help...
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| Auto suppliers face crisis, urge quick faction on federal bailout request |
Feb 6th, 2009 |
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WASHINGTON -- Auto suppliers face a 50 percent drop in payments from automakers in the first three months of the year, according to a 45-page report suppliers made to the U.S. Treasury this week in re...
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| U.S. hires advisers on auto restructuring |
Feb 6th, 2009 |
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NEW YORK/DETROIT (Reuters) - The U.S. government has retained two law firms with extensive bankruptcy experience and the investment bank Rothschild to advise officials on the taxpayer-backed restructu...
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| Treasury Dept. hires 2 law firms for auto advice |
Feb 6th, 2009 |
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All Associated Press news DETROIT (AP) - The Treasury Department has hired two law firms to advise it on loans being doled out to General Motors Corp. and Chrysler LLC.A spokeswoman for Cadwalader, Wi...
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| Chrysler execs prod dealers to order more cars |
Feb 6th, 2009 |
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All Associated Press news DETROIT (AP) - Pleas from Chrysler executives for dealers to order more vehicles took on a more urgent tone Thursday as Vice Chairman Jim Press prodded them in a conference c...
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| Auto parts makers see chaos without government aid |
Feb 6th, 2009 |
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Many of the nation's auto parts suppliers are edging close to running out of money, with trade associations saying government loans are needed to keep the U.S. auto industry from falling into chaos.
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| Sales of hybrid cars suffer in recession |
Feb 6th, 2009 |
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Fuel-thrifty gas-electric hybrids sold poorly in January amid low gas prices and the recession. Sales of hybrid versions of the Honda Civic, Ford Escape and Toyota Camry all took bigger percentage div...
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| Ford accused of jobs |
Feb 6th, 2009 |
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Feb 5 2009 The car industry has suffered a double blow as Ford faced the threat of industrial action over plans to axe 850 UK jobs and freeze pay, while new car sales slumped by almost a third. Ford...
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| SKorean court accepts Ssangyong Motor application |
Feb 6th, 2009 |
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All Associated Press news SEOUL, South Korea (AP) - A South Korean court said Friday it has accepted Ssangyong Motor Co.'s request for protection from creditors, buying time for the troubled Chinese-o...
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| Geely says no plans to buy Ford |
Feb 6th, 2009 |
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China's largest privately owned carmaker Geely Automobile Holdings Ltd has denied reports that it is acquiring the Volvo car unit from Ford Motor Co, Reuters said yesterday. It quoted a spokesperson f...
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