GM and UAW begin negotiations tonite
 

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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 [...]

UAW: GM, Chrysler may not need additional federal funds
 

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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 the White House.
“If we can get [...]

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 auction is part of [...]

Jamie LaReau
Automotive News | January 6, 2009 – 1:41 pm EST
 
Pontiac kills the G8 ST sport truck for 2009
 

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ENLARGE

The 2010 Pontiac G8 ST sport truck

 
DETROIT — General Motors told [...]

Automotive News | January 6, 2009 – 8:00 am EST
 
Toyota halts output in Japan for 11 days after U.S. sales fall
 

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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 full of unsold cars.
A 37 percent [...]

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 deal offered by Hyundai Motor [...]

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 the holiday nail-biter — [...]

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 while Chrysler LLC continues [...]

GM to get another $5.4 billion from Treasury
 

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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 fund, the Treasury said it has approved the [...]

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 U.S. Secret Service a brand [...]