Friday, July 11, 2008 Wagoner seeks to quell General Motors bankruptcy speculation CEO says GM has plenty of cash for operations; Stock continues fall amid rumors David Shepardson / Detroit News Washington Bureau WASHINGTON — General Motors Corp. Chairman and CEO Rick Wagoner sought Thursday to quash speculation that the automaker was heading for bankruptcy [...]

  VW sources: Huntsville, Ala., favored for U.S. site queryvar=”vw,sources:,huntsville,ala,favored,for,us,site”; Mark Stevens Automotive News | July 11, 2008 – 5:17 am EST     Volkswagen’s management favors Huntsville in northern Alabama as the site for its new U.S. car plant, Automobilwoche, Automotive News’ sister publication, reported today. The magazine said Chattanooga, Tenn., which is 102 [...]

  Chrysler: bankruptcy speculation has no merit queryvar=”chrysler:,bankruptcy,speculation,has,no,merit”; Bradford Wernle Automotive News | July 10, 2008 – 2:31 pm EST     DETROIT — Chrysler LLC again sought to reassure dealers on Wednesday that reports of its financial distress are unfounded. “Speculation has surfaced recently in media coverage of analyst reports suggesting Chrysler might have [...]

*UAW: Local GM plant will survive economy slump* *By D. FRANK SMITH/dfsmith@c-dh.net* SPRING HILL — Union officials say a fuel-efficient car engine and flexible manufacturing process will spare Spring Hill’s General Motors’ plant from the gloom that has spread across the auto industry. GM has had to adapt quickly to the shifting tides of the [...]