Wednesday, October 8, 2008 David Phillips Tough road: Retooling with sales at historic low We’re more than a quarter of the way through a momentous year for the U.S. auto industry, and it’s painfully clear the pendulum hasn’t stopped swinging. When and where it will settle is anybody’s guess. But it’s about to get more [...]
Wednesday, October 8, 2008 NADA chief urges quick bailout action Leader of nation’s car, truck dealers says U.S. must move swiftly to end credit crisis crippling auto sales. Bryce G. Hoffman / The Detroit News The head of the nation’s car and truck dealers called on the federal government to move swiftly to implement the [...]
Wednesday, October 8, 2008 Toyota fighting U.S. woes to meet global sales goals Yuri Kageyama / Associated Press TOKYO – Shares of Toyota Motor Corp. plunged Wednesday following a major business daily report that Toyota may have trouble meeting global vehicle sales targets. But Toyota declined to comment on the report, while Senior Managing Director [...]
Wednesday, October 8, 2008 Manny Lopez: Commentary German auto officials suffer loan envy The Germans are none too happy with us these days. They’re especially upset about the $25 billion in loans the U.S. government secured to help automakers build greener vehicles here. Auto industry officials in Deutschland are calling the auto loan program a [...]
