IIHS Gives GM Crossovers the Top Safety Pick Designation
Date posted: 08-25-2008
DETROIT — General Motors has something to crow about as the Insurance Institute for Highway Safety gives its four crossovers its Top Safety Pick designation. The GMC Acadia "aced" the institute’s front, side and rear crash tests, IIHS president Adrian Lund said in a statement.
The [...]
Tuesday, August 26, 2008
Delphi’s emergence from bankruptcy is uncertain
David Shepardson / Detroit News Washington Bureau
WASHINGTON — Nearly three years after Delphi Corp. filed for bankruptcy, its prospects for emerging soon remain deeply uncertain as the Troy-based auto parts supplier faces growing pressure from investors and the government.
Delphi remains mired in Chapter 11 bankruptcy because it [...]
Tuesday, August 26, 2008
Big 3 gain loan support
Automakers ramp up lobbying efforts to secure cheap loans for building fuel-efficient vehicles.
David Shepardson / Detroit News Washington Bureau
WASHINGTON — Democrats will back direct government loans for automakers in their platform this week as Michigan delegates and lobbyists for all of Detroit’s Big Three car companies work the [...]
GM receives Gulf Arab interest in Hummer buy
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Automotive News | August 26, 2008 - 5:00 am EST
DUBAI (Reuters) — General Motors has received interest from two separate investors from the Gulf Arab region to buy its Hummer brand, the company’s Middle East chief told Reuters on Tuesday.
"For sure, there has been interest from various parties [...]
