Wednesday, September 3, 2008
Nolan Finley: Commentary
Big Three use conventions to win loan support
ST. PAUL, Minn. — Call it a troop surge. The Big Three’s boots are on the ground at the Republican National Convention as they battle to win a $50 billion federal loan program to rebuild the domestic automobile industry.
Lobbyists for General Motors, Ford [...]
Wednesday, September 3, 2008
GM to add one month to employee discount deal for all
Robert Snell / The Detroit News
DETROIT — General Motors Corp. is expected to extend by one month its employee discount deal for everyone, continuing a limited incentive program that has helped clear out inventory, particularly for pickup trucks and SUVs, and softened [...]
Chrysler follows GM in cutting Mexico jobs
queryvar=”chrysler,follows,gm,in,cutting,mexico,jobs”;
Stephen Downer
Automotive News | September 2, 2008 - 10:53 am EST
MEXICO CITY — Chrysler LLC says it will cut 300 of the 1,700 jobs at its light-truck assembly plant in Saltillo, in northeastern Mexico, on Sept. 12.
The plant builds the Dodge Ram 1500, 2500 and 3500 pickups, most [...]
GM does not see U.S. sales reviving this year
queryvar=”gm,does,not,see,us,sales,reviving,this,year”;
Automotive News | September 2, 2008 - 10:00 am EST
TALEGAON, India (Reuters) — General Motors does not expect U.S. sales to revive this year as the credit crunch pressures consumers, with a senior official saying the top priority was to turn around the North American business.
GM, which [...]
