Tribune Media Services
September 14, 2008
Gas at $2 a gallon is gone forever, and with it the best years for mid- and full-size SUVs.
Even General Motors recognizes the new order. After sitting on its hands for two years, it has given Chevrolet a midsize Traverse crossover, a noteworthy vehicle even if the name is uninspired. [...]
Auto stocks battered on Wall Street
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Chrissie Thompson
and Ryan Beene
Automotive News | September 15, 2008 – 4:35 pm EST
DETROIT — Shares of large U.S. auto suppliers took hits of about 10 percent Monday following the weekend news that the government would not rescue investment banks Lehman Brothers and Merrill Lynch.
Stocks of automakers and dealership [...]
Key agency says auto loan cost doubled
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Harry Stoffer
Automotive News | September 15, 2008 – 4:28 pm EST
WASHINGTON — The odds against automakers and suppliers getting federal low-interest loans just got worse.
The director of the Congressional Budget Office says the cost to taxpayers of a $25 billion loan program probably would be about $7.5 billion [...]
York says Ford better positioned than U.S. rivals
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Automotive News | September 15, 2008 – 5:00 pm EST
ENLARGE
Kerkorian adviser Jerry York says Ford CEO Alan Mulally had brought a "maniacal" focus to the automaker’s restructuring.
[...]
REUTERS AUTOS SUMMIT
Automotive News | September 15, 2008 – 11:56 am EST
ENLARGE
"Perhaps we have found the bottom … in the U.S.," GM COO Fritz Henderson said today.
Photo credit: Rebecca Cook/Reuters
DETROIT (Reuters) [...]
Auto Makers to Enrich Small-Vehicle Content
By James M. Amend
WardsAuto.com, Sep 2, 2008 9:42 AM
Auto makers will turn their former [...]
