Monday, August 25, 2008
Daniel Howes
Big 3’s $50B plea is no bailout

Forget the saga of Mayor Kwame Kilpatrick, if you can. Just in time for this week’s Democratic National Convention, the biggest word accompanying "Detroit" in Denver likely will be the "B" word — as in "bailout."
Except the $50 billion package being sought by friends of [...]

 
Study: Toyota top U.S. lender
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Donna Harris
Automotive News | August 25, 2008 - 12:01 am EST
 
 
In the first half of 2008, Toyota Financial Services replaced longtime leader GMAC Financial Services as the biggest U.S. auto lender, a new study suggests.
The shifts in the captives’ rankings reflect changes in the relative financial health of their parent [...]

 
Nissan to leap into U.S. commercial-truck fray in 2010
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Rick Kranz
Automotive News | August 25, 2008 - 12:01 am EST

Nissan’s Larry Dominique: “The beauty of light commercial vehicles is that there are a very limited number of players.”

 
PEBBLE BEACH, Calif. — Nissan is [...]

FUTURE PRODUCTS — GENERAL MOTORS

Jamie LaReau
Automotive News | August 25, 2008 - 12:01 am EST
 
 
DETROIT — The world in which General Motors operates is a very different place from what it was a year ago.
Gasoline prices are at unprecedented highs, the green movement has gained momentum that likely won’t be reversed, the slump in [...]