| Dollar falls on possible auto industry bailout |
Dec 11th, 2008 |
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The U.S. dollar fell against most major currencies Wednesday as Wall Street rebounded following reports of a possible deal to save the struggling U.S. auto industry. The euro bought 1.3014 dollars in ...
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| Congress reaches deal on auto bailout bill |
Dec 11th, 2008 |
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House of Representatives vote later Wednesday. The almost 40-page bill calls for the appointment of a "car czar" to oversee the massive retooling. The House was to meet from 1745 GMT t...
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| Now, chromium-free coatings to protect cars against rust |
Dec 10th, 2008 |
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Washington, December 10 : A new chromium-free coating can help protect cars against rust, reveals new study.
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| Rolls-Royce set to axe 150 jobs |
Dec 10th, 2008 |
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Aerospace giant Rolls-Royce is to axe up to 150 jobs at its East Kilbride plant. The cuts are part of an attempt by the company to shed up to 2,000 jobs from its global workforce over the next year. ...
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| Ford execs say company differs from U.S. competition |
Dec 10th, 2008 |
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DEARBORN -- By shunning government loans, Ford Motor Co.'s top executives say they hope to buff up the automaker's image and set it apart from its cash-starved Detroit competitors, General Motors Corp...
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| Toyota to cut production in N.America |
Dec 10th, 2008 |
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TOKYO: Toyota Motor Corp. said Wednesday it would further reduce production at several factories in North America, as the global slowdown continues to cut into the automaker's sales abroad. Japa...
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| Democrats, White House seal auto aid deal |
Dec 10th, 2008 |
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(12-10) 08:26 PST WASHINGTON (AP) -- Majority Democrats and the White House have finalized a deal to spend $15 billion on emergency loans for struggling U.S. automakers, congressional officials said ...
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| US STOCKS-Futures rise on tentative auto rescue plan |
Dec 10th, 2008 |
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By Chuck Mikolajczak NEW YORK, Dec 10 (Reuters) - - U.S stock futures rose on Wednesday as news of a tentative agreement to provide aid to U.S. automakers including General Motors calmed investor worr...
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| General Motors launches extensive new 2009 model year line-up in Middle East |
Dec 10th, 2008 |
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New models from Chevrolet, Cadillac, HUMMER and GMC will spearhead General Motors' latest product offensive, marking the arrival of the new 2009 model year line-up and seeing the company's brands expa...
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| Treasurys Under Pressure As Auto Bailout Hope Lifts Stocks |
Dec 10th, 2008 |
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Treasurys were under pressure early on Wednesday, sending yields higher, as reports of progress on a bailout of the U.S. auto industry removed demand for the safe haven of fixed-income assets, givin...
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