January 27, 2009, 12:30 pm GM’s Saturn Brand Lives on Through 2012 As General Motors seeks to dig itself out of its current financial hole, the future of some of it brands has been questioned. GM/Wieck Saturn blimp Saturn has been one of the GM brands that has been of particular interest, thanks [...]
Wednesday, January 28, 2009 GM to suspend jobs bank on Feb. 2 Louis Aguilar / The Detroit News The controversial jobs bank program at General Motors Corp. will be suspended indefinitely Feb. 2, moving 1,600 United Auto Workers-represented GM employees out of a system that had GM paying 85 percent of their wages for not [...]
Wednesday, January 28, 2009 Toyota recalls 130,000 U.S. Yaris cars Dan Strumpf / Associated Press NEW YORK — Toyota is recalling 1.3 million vehicles worldwide due to a seat belt defect. The recall includes more than 130,000 Yaris models sold in the U.S. Toyota Motor Sales USA says it is working with the National Highway [...]
Jamie LaReau Automotive News | January 28, 2009 – 3:58 pm EST 2009 Cadillac XLR will be the last queryvar=”2009,cadillac,xlr,will,be,the,last”; DETROIT — General Motors will discontinue Cadillac’s halo vehicle, the XLR roadster, at the end of the 2009 model year, a Cadillac spokeswoman says. Cadillac plans to fill the XLR’s place in [...]
David Barkholz Automotive News | January 28, 2009 – 11:15 am EST The UAW has agreed to let General Motors terminate its Jobs Bank, providing the automaker with the same bailout concession made to Chrysler LLC last week, GM confirmed today. Starting Monday, the 1,600 GM workers now in the [...]
Wednesday, January 28, 2009 Ford preps Volvo sale Financial specialists are making ‘strategic review’ Bryce G. Hoffman and Christine Tierney / The Detroit News Ford Motor Co. is expected to begin entertaining offers for its Volvo Car Co. unit next month, and Chinese automakers could be among the bidders, say people familiar with the situation. [...]
Wednesday, January 28, 2009 Chrysler talks to others in case feds veto Fiat deal Although defending proposed alliance, top exec says automaker is also exploring ‘other alternatives.’ David Shepardson / Detroit News Washington Bureau LINTHICUM HEIGHTS, Md . — Chrysler LLC Vice Chairman and President Jim Press said the automaker is in talks with other [...]
Wednesday, January 28, 2009 Manny Lopez: Commentary Officials fail state’s carmakers Any doubt that Michigan isn’t the player it once was — in politics and business — was confirmed again on Monday. The state’s largest industry had its teeth knocked out by the president, a punch that followed months of body blows by Madame Speaker [...]
Wednesday, January 28, 2009 Nissan to shut local studio in wider cuts Christine Tierney / The Detroit News Nissan Motor Co. will close its design studio in Farmington Hills, resulting in the loss of as many as 10 jobs, as part of a realignment of its North American design and marketing operations, the company said [...]
