IF THERE’S A RECESSION …
Auto production cuts likelier than incentives
Analysts look at possible strategy changes from ‘01
December 5, 2007
BY TIM HIGGINS and JEWEL GOPWANI
FREE PRESS BUSINESS WRITERS
If the United States slips into a recession next year, it could unfold very differently in Detroit than it did in 2001.
That time, automakers offered generous incentives to buyers [...]
Auto headlines
December 5, 2007
Mini to add an SUV
Bayerische Motoren Werke AG, the world’s largest manufacturer of luxury cars, said Canada’s Magna International Inc. will make a Mini-brand sport-utility vehicle.
The new model will be built at Magna’s factory in Austria, BMW spokesman Mathias Schmidt said Tuesday.
Magna will build about 40,000 of the four-wheel-drive Mini SUVs annually, [...]
BRAINS OVER BRAWN: Daimler’s Smart car set to go on sale next month
1,800-pound two-seat vehicle gives consumers an alternative to gas-chugging SUVs.
Wednesday, December 5, 2007
David Shepardson / Detroit News Washington Bureau
WASHINGTON — Daimler AG’s Smart car will go on sale in the United States next month with orders for more of the gas-sipping minicars than [...]
In cars, white’s the new silver
Wednesday, December 5, 2007
Eric Morath / The Detroit News
Car buyers everywhere are waving the white flag.
White/white pearl ended silver’s streak of seven years as the world’s most popular color for automobiles, according to the DuPont 2007 Global Automotive Color Popularity Report, released Tuesday.
In North America, as well, white is the [...]
Pelosi to push $21B tax package that raises fuel rules
Vote could come today on House bill that repeals $13.5B in oil credits, hikes auto mpg standards.
Wednesday, December 5, 2007
Detroit News wire and staff reports
WASHINGTON — Defying a threat of a presidential veto, House Speaker Nancy Pelosi intends to push ahead with a $21 billion tax [...]
Magna to assemble BMW’s new Mini SAV
Automotive News | December 5, 2007 - 3:00 am EST
FRANKFURT (Reuters) — Magna International’s plant in Austria will assemble the new offroad version of the Mini for BMW, a BMW spokesman said on Tuesday, confirming a report [...]
GMAC names chief risk officer after $1.6 billion loss
Automotive News | December 5, 2007 - 9:25 am EST
NEW YORK (Reuters) - GMAC Financial Services today named Samuel Ramsey chief risk officer, barely a month after the finance company posted a $1.6 billion third-quarter [...]
