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Thursday, November 13, 2008
Auto briefs
GM, Toyota lead car sales in Russia
Sales of foreign-brand cars in Russia increased 9 percent in October, the slowest pace this year, as banks tighten lending and job cuts raise concerns that incomes may fall. Sales, which include global brands made in Russia, rose to 169,115 vehicles from 154,622 a year [...]

Thursday, November 13, 2008
Daniel Howes
Detroit auto mess turns toxic

Short of the subprime mortgage racket, perhaps nothing is more toxic right now than the Detroit car business.
The begging for taxpayer cash in Washington, led by General Motors Corp., is in overdrive. The equity values of GM and Ford Motor Co. are approaching zero. Their congressional protector, [...]

Thursday, November 13, 2008
Ford, Chevy stick with NASCAR
Racing remains good marketing tool for struggling automakers.
Mike Harris / Associated Press
The idea of NASCAR racing without Chevrolets and Fords on the track once would have been unthinkable.
But that possibility is no longer farfetched as the economic meltdown puts the already struggling automakers in even greater jeopardy.
U.S. auto [...]

Thursday, November 13, 2008
Exclusive: Ford’s plan for survival
Bryce G. Hoffman / The Detroit News
DEARBORN — For the last six weeks, Ford Motor Co.’s top executives met almost daily to craft a plan to keep the company solvent in the face of the worst financial crisis in decades. Surrounded by black-and-white photographs of Henry Ford and [...]