07.26.2009
30 Senators, 264 House Members Sponsor Bill To Reopen GM/Chrysler Dealers

Czar Nicholas II of Russia

Car Czar Consulting says: As Yogi Berra might say: It ain’t over, till it’s over.
Sen. Majority Leader Reid isn’t too anxious to bring this bill up for consideration. Neither is the White House who thought they had placed this matter behind [...]

Germany Asserts Right to Veto GM Pick for Opel Buyer
 

 
By Tony Czuczka and Andreas Cremer

July 29 (Bloomberg) — Germany’s government asserted its right to reject any buyer for General Motors Co.’s Opel unit, increasing the risk of trans-Atlantic friction as Chancellor Angela Merkel seeks to protect jobs before September elections.
A successful bid needs the [...]

 
In Defense of . . . the United Auto Workers (UAW)

By Tony Sterbenc
July 28, 2009
 
 

Thursday, July 30, 2009
Delphi to drop pensions
David Shepardson / Detroit News Washington Bureau
New York — A U.S. bankruptcy judge gave Delphi Corp. the go-ahead to abandon its pension obligations, bringing the supplier another step closer to exiting bankruptcy.
The Troy-based auto supplier was poised to win approval from a bankruptcy court judge as early as today.
U.S. [...]

Lindsay Chappell
Automotive News | July 30, 2009 – 3:27 pm EST
 
Saturns from Renault? C’est possible
 

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French automaker Renault SA could become a source for Saturn vehicles and parts for the brand’s proposed new owner, U.S. auto magnate Roger Penske.
Renault confirms that [...]

Automotive News | July 30, 2009 – 8:52 pm EST
 
U.S. to suspend ‘guzzlers’ program, sources say
 

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WASHINGTON (Reuters) –The Obama administration will suspend a $1 billion program intended to spur U.S. auto sales after it surprisingly approached its funding limit after only a few days, government and industry sources said.
[...]