Highlights
A collection of news and information related to Automotive Equipment published by Tribune Company sources.
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Reports: GM, Chrysler bailout deals bar strikes
Newspaper reports say General Motors Corp. and Chrysler LLC would be in default of their multi-billion dollar federal bailouts if their workers go on strike and could be forced into bankruptcy. The Detroit Free Press and The Detroit News report Friday...Tags: Bankruptcy, General Motors Corp., Chrysler LLC, Labor Disputes, U.S. Department of Treasury
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Government: Recalled vehicles down in 2008
Associated Press WriterAutomakers recalled the fewest number of vehicles last year since 1994, helped by more scrutiny of faulty parts and improved quality. Car companies called back 10.4 million vehicles in 2008, about 30 percent fewer than the 14.8 million cars and trucks...Tags: Passenger Cars, Honda Motor Co., General Motors Corp., Chrysler LLC, Toyota Motor Corp.
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Ssangyong Motor applies for court receivership
AP Business WriterTroubled South Korean automaker Ssangyong Motor Co. has applied for protection from creditors to buy time to restructure itself into a profitable manufacturer. Ssangyong said in a statement Friday that it made the "unavoidable choice" to file for...Tags: Hyundai Motor Co., Kia, Court Administration, Kia Motors Corp., Unions
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GMAC says it's made progress in reshaping ResCap
GMAC LLC, the financing arm of automaker General Motors Corp., said Thursday that it has made progress in restructuring its ailing home mortgage subsidiary, but didn't go as far as to guarantee its future. Residential Capital LLC, which has posted...Tags: Federal Reserve, Quarterly or Semiannual Financial Statements, Corporations, Housing Industry, General Motors Corp.
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Ford shows newest Sync in-car technology features
AP Business WriterIn the shadow of the U.S. auto industry's troubles, Ford Motor Co. on Thursday showed off the latest version of its voice-activated in-car entertainment and communication service, which it hopes will lure more car buyers. Speaking at the International...Tags: Sales, Passenger Cars, Chrysler LLC, General Motors Corp., Microsoft Corp.
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Autoworkers union begins discussing concessions needed so GM, Chrysler can keep gov't loans
AP Auto WriterDETROIT (AP) — United Auto Workers union bargaining officials are arriving in Detroit this week to begin discussing wage and benefit concessions they must make so General Motors Corp. and Chrysler LLC can keep their federal loans. Under the terms...Tags: Sales, Unemployment, Government, Wages and Pensions, Chrysler LLC
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South Korea's troubled Ssangyong Motor applies for court receivership
AP Business WriterSEOUL, South Korea (AP) — Troubled South Korean automaker Ssangyong Motor Co. has applied for protection from creditors to buy time to restructure itself into a profitable manufacturer. Ssangyong said in a statement Friday that it made the...Tags: Hyundai Motor Co., Kia, Court Administration, Kia Motors Corp., Unions
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BMW to Launch Ads Promoting U.S.-Bound Fuel-Efficient X5 and 335d Diesels
Edmunds.comBMW will soon kick off an advertising campaign as part of an ambitious effort to promote two of its fuel-efficient diesel vehicles: the X5 xDrive35d crossover and the 335d sedan. The Munich automaker believes the campaign, which will launch this Sunday... -
VIDEO: Welburn teases NAIAS-bound production Chevy Beat on Today Show
Autoblog.comFiled under: Concept Cars, Detroit Auto Show, Economy, Videos, Hatchbacks, Chevrolet, GMThis morning's Today Show on NBC featured General Motors' design chief Ed Welburn talking with host Matt Lauer live from General Motors' Warren Tech Center. Welburn... -
Bush Punts CAFE to Obama, Makes Life Even More Uncertain for Automakers
MotorTrend MagazineDETROIT - Before oil tickled the $150/barrel level last summer, before the financial industry burned up most of the Detroit Three's cash last fall, domestic and foreign automakers were anxious about 2011-15 Corporate Average Fuel Economy proposals. The... -
Consumer Reports: Nearly Half of Americans Have Delayed Purchasing a New Car
Consumer ReportsToyota and Honda lead the pack in CR???s Auto Brand Perceptions Survey YONKERS, NY ??? Nearly half of Americans (48 percent) reported that they will wait longer before their next vehicle purchase, according to the results of Consumer Reports??? 2009... -
A123 Systems Seeks $1.8 Billion Federal Loan For EV Battery Factories in U.S.
Edmunds.comBy John ODell, Senior Editor Advanced automotive battery developer A123 Systems has plunged into the government funding pool with an application for $1.84 billion in loans to help build several lithium-ion battery plants in the U.S. The 7-year-old company...
Jan 8, 2009
|Story| Associated Press
Jan 8, 2009
|Story| Associated Press
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|Story| Associated Press
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|Story| Associated Press
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|Story| Associated Press
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|Story| Associated Press
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|Story| Associated Press
Jan 8, 2009
|Blog| Edmunds.com
Jan 8, 2009
|Blog| Autoblog.com
Jan 8, 2009
|Blog| MotorTrend Magazine
Jan 8, 2009
|Blog| Consumer Reports
Jan 8, 2009
|Blog| Edmunds.com
