| UN curbs Gaza aid after trucks hit by Israeli fire |
Jan 9th, 2009 |
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JERUSALEM (AP) - The U.N. suspended aid shipments in the Gaza Strip on Thursday and the Red Cross restricted its convoys after their trucks came under Israeli fire. The threat of a wider conflict aros...
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| Global auto sales to worsen in 2009, says Canadian report |
Jan 9th, 2009 |
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OTTAWA, Jan. 8 (Xinhua) -- The global auto industry will see a greater overall decline in sales in 2009 than it did in 2008, due to the tough economic conditions, according to a report from Canada's S...
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| GM struggles to sell SAAB |
Jan 9th, 2009 |
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Sources close to the efforts to sell SAAB say General Motors has found no interested buyers and is now struggling to off load its premium brand.
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| F1 teams agree to cost-cutting measures |
Jan 9th, 2009 |
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LONDON » Formula One teams unanimously agreed to a series of cost-cutting measures Thursday, including limits on expensive testing and a cheaper engine for smaller teams starting in 2010. They...
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| Critics suggest reeling Chrysler is a lost cause |
Jan 9th, 2009 |
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DETROIT - Even by the standards of battered automakers, Chrysler is in dire shape. Its sales in December were down a stunning 53 percent, far worse than Ford or General Motors, and analysts say it pro...
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| Ronaldo writes off his Ferrari |
Jan 9th, 2009 |
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UK football team Manchester United’s star player Cristiano Ronaldo has escaped injury after writing off his Ferrari in a crash on the way to training proving once again that just because you can...
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| Credit unions joining GM. Chrysler program |
Jan 9th, 2009 |
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Wisconsin credit unions have joined a program called “Invest in America,” in which General Motors and Chrysler LLC are pointing to credit unions to make as much as $80 billion available fo...
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| Auto Models Rev Up To Sell At Detroit Auto Show |
Jan 9th, 2009 |
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January 8, 2009 · Car sales are in the tank, and two of the Detroit Three automakers — General Motors Corp. and Chrysler — are teetering on the brink of collapse. But that won't sto...
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| General Motors, Chrysler losses fuel worst auto sales year since 1992 |
Jan 9th, 2009 |
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General Motors Corp. and Chrysler LLC, bailed out by $13.4 billion in federal loans last month, probably led a decline in December U.S. auto sales that capped the industry's worst year since 1992.Sale...
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| Vehicle repossessions hit all-time high |
Jan 9th, 2009 |
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With the economic crisis reaching its peak, vehicle repossessions in the US have grown in number to an all-time high of 1.67 million units for 2008.
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