| GM, Chrysler Head Back To D.C. With New Plans |
Feb 16th, 2009 |
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February 16, 2009 · For General Motors and Chrysler, it is money time again in Washington. The struggling automakers will present plans to the Treasury Department Tuesday to prove they can be v...
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| Mini to scrap 850 jobs |
Feb 16th, 2009 |
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Initially weekend shift workers will go when the cuts begin on March 2. BMW will then operate the plant five days a week instead of the current seven. The Mini factory, which employs about 4,500 work...
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| Auto Executives Prepare To Outline Plans |
Feb 16th, 2009 |
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February 16, 2009 · GM and Chrysler are set Tuesday to give detailed updates on their plans to restructure their business. In order to stay in the government's good graces and secure more aid t...
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| Recovery goons took back, sold 4,000 cars |
Feb 16th, 2009 |
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The police arrested 14 men on Monday, all recovery agents who, instead of handing over the vehicles they had taken away from loan defaulters to the banks employing them, sold them off. About 4,000 ca...
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| Obama to appoint panel for auto recovery |
Feb 16th, 2009 |
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WASHINGTON -- It will take more than one "car czar" to help get the embattled U.S. auto industry back on track, President Barack Obama has decided. Instead, his administration is establishing a pre...
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| Amid Crisis, Cars Start to Drive Europe Apart |
Feb 16th, 2009 |
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where the internal market is a core, treaty-enshrined ideal. But Sarkozy's protectionist language ripped off the veneer of European unity over the economic crisis. "The French have signaled that they ...
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| Auto industry welcomes budget, but demands more stimulus measures |
Feb 16th, 2009 |
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New Delhi, Feb 16: Though the interim budget has not announced any specific sops for the crisis-hit auto sector, the increased allocation for defence and surface transport ministry would boost vehicle...
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| Ford-UAW talks progress; may be basis for GM, Chrysler pacts |
Feb 16th, 2009 |
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Talks between the UAW and Ford Motor Co. on a deal to help the struggling automaker progressed over the weekend and any plan that is reached between the two sides could serve as the basis for a simila...
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| Obama to set up auto task force to deal with struggling industry |
Feb 16th, 2009 |
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US president Barack Obama has decided to launch a government task force for restructuring the struggling US auto industry instead of naming a "car czar" with sweeping powers, a senior administratio...
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| 4 questions for GM and Chrysler |
Feb 16th, 2009 |
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NEW YORK (CNNMoney.com) -- General Motors and Chrysler LLC will present their latest plans to the federal government Tuesday about how they will survive for the long-term.The two companies have alread...
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