March 18, 2009

Workers occupy closed auto parts plant in Windsor
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March 18, 2009

Wagoner sounds alarm on suppliers
Situation gets drastic, he says in D.C.

BY JUSTIN HYDE
FREE PRESS WASHINGTON STAFF
WASHINGTON — General Motors Corp. Chairman Rick Wagoner warned Tuesday that the financial stability of U.S. auto suppliers was "getting more precarious," and that a GM bankruptcy could lead to the company’s demise.
Wagoner’s comments came as President [...]

Wednesday, March 18, 2009
A heap of stimulus: ‘Cash for clunkers’ bill could jumpstart new auto sales
David Shepardson / Detroit News Washington Bureau
WASHINGTON — A wide-ranging program that would give consumers turning in old clunkers cash vouchers worth up to $5,000 to buy new, more fuel-efficient vehicles was introduced Tuesday in Congress.
The bill aims to boost [...]

Wednesday, March 18, 2009
Supplier aid may be decided this week
As situation worsens, Obama’s car team says it’s ready to make key announcements.
David Shepardson and Gordon Trowbridge / Detroit News Washington Bureau
WASHINGTON — The Obama administration’s auto team told key members of Congress on Tuesday it plans to make significant announcements on the future of the [...]

David Barkholz
Automotive News | March 17, 2009 – 6:13 pm EST
 
Potential Saturn spin-off attracts foreign interest, adviser says
 

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A group studying Saturn’s possible spin-off from General Motors has been approached by GM competitors, including foreign manufacturers, about selling their cars under the Saturn brand, an adviser says.
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GM’s Wagoner says deal in works to rescue Opel
 

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Harry Stoffer
Automotive News | March 17, 2009 – 11:24 am EST
 

WASHINGTON — General Motors CEO Rick Wagoner said today he is encouraged by the willingness of European officials to provide aid to the automaker’s Opel subsidiary.
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