| US stocks reach two-month high after disastrous 2008 |
Jan 3rd, 2009 |
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US stocks reached a two-month high Friday, the first day of trading in 2009, buoyed by news that General Motors had received its first money lifeline from the US government.
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| Auto industry girds for chilling Dec. sales report |
Jan 3rd, 2009 |
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The discount pricing available is advertised on a placard placed on the side of an unsold 2008 Explorer at a Ford dealership in the west Denver suburb of Lakewood, Colo., on Sunday, Dec. 28, 2008. Aut...
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| Chrysler gets $4 billion U.S. government loan |
Jan 3rd, 2009 |
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NEW YORK (Reuters) - Chrysler LLC on Friday received an initial $4 billion emergency loan from the U.S. government, two days after the government completed a parallel payout to its larger rival Genera...
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| US Treasury finalizes 4-billion-dollar loan to Chrysler |
Jan 3rd, 2009 |
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The Chrysler Jeep badges in a dealership in Thornton, Colorado on Monday. (file photo) The US Treasury said on Jan. 2 that it has finalized a 4-billion-dollar loan to troubled cash-strapped carmaker C...
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| GM, Chrysler probably led Dec. U.S. sales slide |
Jan 3rd, 2009 |
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NEW YORK -- General Motors Corp. and Chrysler LLC, bailed out by US$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 s...
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| & #36;US4b bailout finalised for Chrysler |
Jan 3rd, 2009 |
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quality cars and trucks people want to buy, will enjoy driving and will want to buy again."The loan is part of a $US13.4 billion ($A19 billion) rescue package the US government approved in Decemb...
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| Chrysler LLC says it |
Jan 3rd, 2009 |
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Chrysler LLC's chief says the automaker has received an initial $4 billion loan from the U.S. Treasury Department.Chief Executive Bob Nardelli said Friday night in a release that the Auburn Hills, Mic...
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| December auto sales could be down 40% |
Jan 3rd, 2009 |
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NEW YORK -- The good news for the auto industry in December came when General Motors and Chrysler got their federal bailout. The bad news is coming Monday, when automakers are expected to report anoth...
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| Taxis mind auto gap |
Jan 3rd, 2009 |
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Sounds familiar? You got it right. Taxis switched to the auto mode and offered shuttle services across the city. Many were forced to hop on to the cabs with buses overcrowded and other transportation ...
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| South Korea logs 2008 trade deficit, car sales plunge - Summary |
Jan 3rd, 2009 |
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Seoul - South Korea's economy showed some signs of strain Friday, as the nation's carmakers reported dropping sales against the backdrop of the country's first trade deficit since 1997. Slowing global...
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