Lutz: GM’s November sales at expectations Automotive News | November 20, 2007 – 3:00 pm EST DETROIT (Reuters) – General Motors’ November U.S. sales, on average, were on track with its expectations, a top GM executive told Reuters today. Speaking at the Reuters Autos Summit in Detroit, Bob Lutz, vice chairman of global product development, [...]
Chrysler plans three hybrid concepts for Detroit show queryvar=”chrysler,plans,three,hybrid,concepts,for,detroit,show”; Dale Jewett Automotive News | November 20, 2007 – 3:32 pm EST Chrysler will reveal three concept vehicles at the Detroit auto show in January that will display long-range, clean-running powertrains. The company will present one concept for each of the automaker’s brands–Chrysler, Dodge and Jeep. [...]
UAW to set up strict controls on health fund Gettelfinger concerned about GMAC liability Automotive News | November 20, 2007 – 10:47 am EST DETROIT (Reuters) – The UAW is establishing clear rules for a massive new health-care trust intended to guarantee the independence and solvency of a $56 billion fund that will be set [...]
UAW chief expects buyout talks in 2008 By Kevin Krolicki Reuters updated 12:58 p.m. CT, Tues., Nov. 20, 2007 function UpdateTimeStamp(pdt) { var n = document.getElementById(“udtD”); if(pdt != ” && n && window.DateTime) { var dt = new DateTime(); pdt = dt.T2D(pdt); if(dt.GetTZ(pdt)) {n.innerHTML = dt.D2S(pdt,((‘false’.toLowerCase()==’false’)?false:true));} } } UpdateTimeStamp(’633311819030000000′); DETROIT – United Auto Workers [...]
Housing woes slam GM stock GMAC losses, slump in homebuilding, new fuel regulations erase gains in shares. Tuesday, November 20, 2007 Sharon Terlep and Brian J. O’Connor / The Detroit News Shares of General Motors Corp. plunged to a 17-month low on Monday, more than erasing the automaker’s substantial gains of the last year. Just [...]
Criticism shadows Toyota’s success New U.S. boss seeks to learn from critics Tuesday, November 20, 2007 Interview: Jim Lentz Christine Tierney / The Detroit News Toyota Motor Corp., which has climbed to second place in the U.S. auto market this year, expects to increase its share of sales in 2008 and is steeling itself [...]
LOONIE PRICING: Market variables make the difference, experts say, but Canadians aren’t buying that Tuesday, November 20, 2007 Scott Burgess / The Detroit News Why does a Dodge Grand Caravan start at $22,470 in Buffalo but a similar van costs $25,912 in Toronto? How can a Ford F-150 in Windsor have a sticker price of [...]
Gettelfinger concerned about GMAC liability UAW chief says Chrysler cuts wern’t a suprise queryvar=”gettelfinger,concerned,about,gmac,liability”; Automotive News | November 20, 2007 – 10:47 am EST DETROIT (Reuters) – UAW President Ron Gettelfinger said today he is concerned by General Motors’ exposure to the mortgage lending arm of former finance unit GMAC and would seek a meeting [...]
