Investors oppose GM loan to Delphi
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David Barkholz
Automotive News | September 5, 2008 - 10:35 pm EST
 
 
DETROIT — Key Delphi Corp. investors are opposing a new $300 million General Motors loan to Delphi until the bankrupt auto supplier fixes its cash-burning North American business.
A group led by Highland Capital Management LP said in a letter [...]

Saturday, September 6, 2008
Canadian Auto Workers elect new president
Associated Press
TORONTO — The Canadian Auto Workers’ newly elected president said Saturday he would continue to fight for the union that’s been battered by the industry’s struggles.
Ken Lewenza, former president of CAW Local 444 in Windsor, Ontario, was unanimously elected Saturday morning at a special convention in [...]

 
McCain stumps for auto industry votes
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Patricia Scott
Automotive News | September 5, 2008 - 10:46 pm EST

John McCain

 
DETROIT — Republican presidential candidate Sen. John McCain rallied support from Michigan Republicans today in a 35-minute appearance with presidential running mate, Alaska Gov. Sarah Palin.
Surprisingly, [...]