General Motors gets first part of US loan |
Jan 1st, 2009 |
DETROIT - General Motors Corp. has received its first multibillion dollar loan instalment from the U.S. Treasury Department. The money came Wednesday night, right in time to avert a financial disaste...
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GM Gets $4 Billion In Low Interest Loans; Chrysler Still Waiting |
Jan 1st, 2009 |
-based auto maker, racking up billion dollar losses amid slowing sales, will use the money to fund its continuing operations. "We appreciate the administration extending a financial bridge to GM at t...
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Do You Want One |
Jan 1st, 2009 |
Does the U.S. Want a Ceasefire in Gaza? n n n n '); vcarouselManager.addItem('vcar1-3','/business/widgets/mediaPlayer/carousel/carouselPreview?ids=6557615~6553993~6558457~'); vcarouselManager.addIte...
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Wrecked cars a sobering reminder to drivers |
Jan 1st, 2009 |
email OCEAN SPRINGS, MS (WLOX) - They're catching the eyes of many drivers on Highway 90 in Ocean Springs. "I was like wow that is amazing," driver Van Garrard said. All this month, two cars have ...
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2009 BMW X6 xDrive35i Review |
Jan 1st, 2009 |
A powerful smooth engine, sporty handling and coupé like characteristics combined with a higher driving position and AWD capability wrapped in BMW skin, elegance and luxury. Excited?
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Cars are no longer as appealing to young people in Japan |
Jan 1st, 2009 |
The number of cars owned by Japanese people in 2007 was around 79 million, which was less than the number for 2006. For the car industry in Japan, it was the first year since World War II in which car...
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Mexican stocks dip as market ends dismal year |
Jan 1st, 2009 |
All Associated Press news MEXICO CITY (AP) - Mexico's IPC stock index slipped 0.18 percent to 22,380 Wednesday as the market closed a dismal year amid the global financial crisis.Meanwhile the country...
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US Treasury Releases Guidelines On Auto Financing Program |
Jan 1st, 2009 |
General Motors Corp. (GM) and Chrysler LLC. The money will come from the Treasury's Troubled Asset Relief Program, which was created to rescue Wall Street. On Monday, Treasury announced
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Ford Hybrid Emphasizes High Mileage |
Jan 1st, 2009 |
DETROIT — With gas prices below $2 a gallon, it would seem an inopportune time for the Ford Motor Company to introduce a hybrid sedan.
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GMAC vows to loosen credit for auto buyers |
Jan 1st, 2009 |
GMAC promised yesterday to loosen tight lending standards that have made it difficult for prospective buyers to qualify for loans. GMAC is the first financial institution to say it will use money from...
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