October 5, 2009

Harsh morning after for U.S. automakers

September car sales were bound to look awful after August’s bonus round, a.k.a. cash for clunkers.
Nonetheless, the year-over-year sales descent for General Motors and Chrysler bordered on jaw-dropping — counterbalanced somewhat by Ford’s least-loss performance among the six major automakers.
Unfortunately for vehicle manufacturers, there’s no easy path these [...]

October 5, 2009
http://detnews.com/article/20091005/AUTO01/910050403

Senate cuts $5B from program to aid worker health funds

DAVID SHEPARDSON
Detroit News Washington Bureau
Washington — The Senate Finance Committee’s health care reform bill cut in half, to $5 billion, the amount set aside to help the United Auto Workers’ health care trusts and other similar programs.
A bill approved by a House committee [...]

Chevy Caprice to return as Aussie-made police car
Model will be based on rwd Pontiac G8 platform
queryvar=”chevy,caprice,to,return,as,aussie-made,police,car”;
Rick Kranz
Automotive News [...]

GM veteran Peter named Nissan CFO
Current CFO Alain Dassas is returning to Renault
queryvar=”gm,veteran,peter,named,nissan,cfo”;
Hans Greimel
Automotive News | October 5, [...]