| Market Report -- Story Stocks |
Dec 10th, 2008 |
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General Motors As progress is made toward reaching a federally funded bailout for automakers, the financing arm of General Motors (GM 4.70), GMAC Financial Services, is having trouble raising capita...
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| House Expected To Vote On Auto Industry Bailout |
Dec 10th, 2008 |
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Auto dealership employees, mechanics and members of the United Auto Workers rally Monday in New York City in support of the proposed auto industry bailout.
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| Toyota taking more downtime in Canada, U.S. |
Dec 10th, 2008 |
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Toyota Motor Corp. will stop production in Canada for 10 extra days in December and January as the Japanese automaker curtails its North American output in the face of slumping demand. The company sa...
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| Auto bailout accord set to boost Dow |
Dec 10th, 2008 |
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msgs ) said it wants access to the loans only as a backstop. If the deal is passed, an "auto czar" to be chosen by President George W. Bush will oversee the companies' restructuring plans and will hav...
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| No Plan To Bid For Ford |
Dec 10th, 2008 |
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with private equity firms including Cerberus Capital and Texas Pacific Group. Ford, along with rivals General Motors Corp. and Chrysler LLC, is seeking a multi-billion-dollar U.S. government bailout...
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| Inaction on automakers would cost taxpayers billions |
Dec 10th, 2008 |
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WASHINGTON -- The U.S. auto industry's problems will cost taxpayers plenty whether or not the government helps Detroit. Just walking away and letting the struggling Big Three automakers go under would...
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| US markets open higher on hope of an auto aid |
Dec 10th, 2008 |
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Major US indexes opened higher on Wednesday, as investors bet that a government program to provide aid to the auto was increasingly likely. A rise in the price of crude oil was also expected to ...
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| SKF To Shed 2,500 Jobs As Demand From Auto Industry Slumps |
Dec 10th, 2008 |
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(Dow Jones) -- Swedish engineering group SKF said Wednesday that it will shed around 2,500 jobs and reduce the working hours for many more employees after a slump in demand from the automotive secto...
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| Auto exports up by 61.88% in November |
Dec 10th, 2008 |
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NEW DELHI: The country's auto makers may have registered their worst ever domestic sales in November, but they can take heart from the fact that exports zoomed by a robust 61.88 per cent during the...
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| TSX rises almost 200 points on energy, mining stocks;N.Y. up on auto bailout hopes |
Dec 10th, 2008 |
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A pedestrian is reflected on an electric market board indicating Japan's benchmark Nikkei 225 stock average surged 255.43 points in Tokyo, Wednesday afternoon. The Nikkei average gained 264.37 and clo...
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