Saturday, January 10, 2009 Fuel economy regs next priority for automakers Robert Snell / The Detroit News DETROIT — Once the auto industry’s attention shifts from short-term survival, the priority will be fuel-economy regulations, energy policy and advanced powertrain technologies, an industry expert said today. "As we resolve the money issue, energy and policy are [...]
Saturday, January 10, 2009 Analyst: GM and Chrysler ‘are insolvent’ Alisa Priddle / The Detroit News General Motors Corp. and Chrysler LLC technically are bankrupt and Chrysler is a step away from death, said Sean McAlinden, chief economist for the Center for Automotive Research in Ann Arbor. "GM and Chrysler are insolvent. Without federal funding [...]
Jamie LaReau Automotive News | January 9, 2009 – 4:26 pm EST GM delays Camaro production start by a month queryvar=”gm,delays,camaro,production,start,by,a,month”; DETROIT — General Motors is delaying the launch of the next Chevrolet Camaro sports car by a month, without explaining why. GM had scheduled the start of production of the [...]
Automotive News January 7, 2009 – 11:48 am ET U.S. Sen. Bob Corker, R-Tenn., emerged as a harsh critic of General Motors and the UAW during Congressional debate over an industry bailout last year. "GM is spiraling downward," said the freshman senator in November. But Corker was once an enthusiastic proponent of GM — [...]
