GM to make significant investment in Ohio plant
Reuters
TRAVERSE CITY, Mich., Aug 15 (Reuters) – General Motors Corp said on Friday that it planned to announce a multimillion-dollar investment in its manufacturing complex in Lordstown, Ohio, next week.
GM also said it would release [...]
Friday, August 15, 2008
Gov. Jindal heads to Detroit to talk to GM
Associated Press
BATON ROUGE, La. – Governor Bobby Jindal is heading to Detroit in hope of saving jobs at Shreveport’s General Motors assembly plant.
Jindal and Shreveport officials are meeting Friday with GM North America president Troy Clarke. They plan to offer incentives to bring the [...]
Friday, August 15, 2008
Scott Burgess: A Century of General Motors
GM’s best and baddest
In a century of innovation, these stand out as triumphs
General Motors Corp. has been reinventing the car for 100 years now.
From the time Billy Durant helped eliminate the crank starter to when The General helped the world clean up its act by installing [...]
Friday, August 15, 2008
Toyota won’t resume pickup truck line in Indiana
Associated Press
PRINCETON, Ind. – Toyota Motor Corp. says it will not resume production of the Tundra pickup truck at its Princeton, Ind., plant in November as previously announced.
The company said last month that it would move production of the Tundra to a plant in San [...]
Ford to sell as much as $500 million in new stock
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Richard Truett
Automotive News | August 14, 2008 – 9:42 pm EST
DETROIT — Ford Motor Co. late Thursday said it will sell up to $500 million worth of new shares of stock.
Ford will use the proceeds from the sale to buy bonds from Ford Motor [...]
GM says ’significant’ interest in asset sales
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Automotive News | August 13, 2008 – 4:01 am EST
Rick Wagoner
RAYONG, Thailand (Reuters) — General Motors Chairman Rick Wagoner said today he was seeing "significant interest" in the company’s plan to sell up to $4 billion in [...]
Toyota projects gas prices to bottom out at $3.50
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Andrew Grossman
Automotive News | August 14, 2008 – 12:01 am EST
TRAVERSE CITY, Mich. — Gas prices could rise to $5.00 per gallon in the U.S. by the middle of the next decade, the Toyota division general manager for Toyota Motor Sales U.S.A. told reporters here today.
Bob [...]
2008 MANAGEMENT BRIEFING SEMINARS
James B. Treece
Automotive News | August 14, 2008 – 11:37 am EST
TRAVERSE CITY, Mich. — The design team for General Motors’ Volt plug-in hybrid car has added six to seven miles to the car’s electricity-only range by improving the car’s aerodynamics.
“Air does not like to go around sharp corners. It creates [...]
