GM and UAW begin negotiations tonite queryvar=”gm,and,uaw,begin,negotiations,tonite”; David Barkholz Automotive News | January 6, 2009 – 4:31 pm EST UAW President Ron Gettelfinger UAW President Ron Gettelfinger said today that the union would seek rank-and-file approval for any changes it makes to labor agreements to help the Detroit 3 comply with provisions [...]
UAW: GM, Chrysler may not need additional federal funds queryvar=”uaw:,gm,chrysler,may,not,need,additional,federal,funds”; Jamie LaReau and and David Barkholz Automotive News | January 6, 2009 – 5:16 pm EST DETROIT — UAW President Ron Gettelfinger said today that General Motors and Chrysler LLC may not need additional federal loans beyond the $17.4 billion approved by [...]
January 6, 2009 Cash-starved GM to part with trove of historic, unique vehicles BY TIM HIGGINS FREE PRESS BUSINESS WRITER General Motors’ cash problems could give car buffs the rare opportunity to buy some of GM’s most unique vehicles at auction next week, giving gearheads an extraordinary chance to own some of Detroit’s history. The [...]
Jamie LaReau Automotive News | January 6, 2009 – 1:41 pm EST Pontiac kills the G8 ST sport truck for 2009 queryvar=”pontiac,kills,the,g8,st,sport,truck,for,2009″; ENLARGE The 2010 Pontiac G8 ST sport truck DETROIT — General Motors told dealers today that it has decided to cancel a G8 sporttruck that was due to launch late [...]
Automotive News | January 6, 2009 – 8:00 am EST Toyota halts output in Japan for 11 days after U.S. sales fall queryvar=”toyota,halts,output,in,japan,for,11,days,after,us,sales,fall”; TOKYO (Reuters) — Toyota Motor Corp. will halt production at its Japanese plants for 11 days in February and March as plunging U.S. sales has left dealers’ lots [...]
Tuesday, January 6, 2009 Hyundai: Can’t make car payments? Just return it Automaker will allow customers who bought a car to return it if they suddenly lose income. Associated Press NEW YORK — Can’t make the payments on that new car you just bought? No problem — just return it free of charge. That’s the [...]
Tuesday, January 6, 2009 Daniel Howes: Commentary Is rebirth next after ‘Dark Dec.’? "Dark December for Detroit," intoned the headline on MarketWatch. Really? Wouldn’t have known but for Round II of the congressional inquisition, dealers struggling to find financing for fewer customers, thousands more buyouts, confirmation that Motown’s Japanese rivals are losing money, too, and [...]
Tuesday, January 6, 2009 GM, Ford gain in reliability Consumer Reports magazine said several Detroit-made vehicles top foreign competitors. Bryce G. Hoffman / The Detroit News A new analysis by Consumer Reports magazine shows that two of Detroit’s automakers — Ford Motor Co. and General Motors Corp. — are making "real progress" against foreign rivals [...]
GM to get another $5.4 billion from Treasury queryvar=”gm,to,get,another,$54,billion,from,treasury”; Automotive News | January 5, 2009 – 4:45 pm EST WASHINGTON (Reuters) – General Motors will receive a second $5.4 billion installment of its government loan on Jan. 16, the U.S. Treasury said late Monday. In a transaction report for its bailout [...]
Tuesday, January 6, 2009 Obama to ride in style in GM limo Armored ’09 Cadillac to carry new president in inaugural parade. David Shepardson / Detroit News Washington Bureau WASHINGTON — President-elect Barack Obama is getting a new ride to go with his new address on Jan. 20. General Motors Corp. recently delivered to the [...]
