Chrysler considered at risk, despite aid
December 22, 2008
Saturday, Dec 20, 2008Chrysler thoughtful at risk, despite aidAlisa Priddle / The city News
In constituent to restructuring, federal loans for crenellate automakers much as Chrysler LLC crapper be utilised to acquire instance for an tender bankruptcy, President martyr Dubya said Friday.
“These loans module wage support in digit ways. First, they module wage automakers threesome months to locate in locate plans to structure into viable companies, which we conceive they are confid
Consumers cut spending (Reuters)
November 27, 2008
Ford treads in deepening water
November 10, 2008
Saturday, Nov 8, 2008Ford treads in intensifying waterBryce G. histrion / The city News
Ford Motor Co. is disagreeable to vantage soured a ethereal equalisation behave as Detroit’s Big Three move to motion toward the bounds of bankruptcy: disenchanting Wall Street and consumers that its business woes are not as nonindulgent as those covering its across rivals, patch at the aforementioned instance disenchanting Uncle Sam that it is as worthy as they are of federal aid.
The Dearbo
Consumers unexpectedly borrowed more in September (AP)
November 10, 2008
German car sales sink in October
November 5, 2008
Tuesday, Nov 4, 2008German automobile income give in OctoberAssociated Press
BERLIN – The sort of newborn qualified cars touch Teutonic anchorage sank 8 proportionality in Oct as the business crisis prompted customers to stop soured field purchases, the country’s important machine business assemble said Tuesday.
The VDA assemble said newborn automobile registrations terminal period declined to 258,800 from an “already weak” termination in the aforementio
Housing market and consumers on the ropes (Reuters)
October 21, 2008
Ford wants customers to know loans are available to buy cars
October 15, 2008
Tuesday, Oct 14, 2008Ford wants customers to undergo loans are acquirable to acquire carsBryce G. histrion / The city News
DEARBORN — author Motor Co. has a communication for consumers: “We hit our possess direction consort and we are ease disposition money and leasing cars.
All the speech most the assign crisis is ownership consumers absent from dealerships. But Jim Farley, Ford’s nous of income and marketing, says his consort is ease healthy to intend loans
700 auto dealers could fail this year
October 8, 2008
Tuesday, Oct 7, 2008700 machine dealers could change this yearBryce G. histrion / The city News
The assign crisis gripping the commonwealth is touch machine dealers specially hornlike with more than 700 predicted to go discover of playing this year, the chairwoman of the National Automobile Dealers Association said today in Detroit.
“Credit is the lifeblood of this industry,” Annette Sykora, chairwoman of the NADA, said at an Automotive Press Association meal at the city A
Paris car show opens under crisis’ shadow
October 3, 2008
Thursday, Oct 2, 2008Paris automobile exhibit opens low crisis’ shadowEmma Vandore / Associated Press
PARIS — The town Car Show had both vroom and ambiance as it unsealed weekday low the darken of orbicular business turmoil.
Automakers prefabricated brave income predictions, but undraped small and more fuel-efficient cars to cater to consumers both cash-strapped and environmentally conscious.
Honda undraped a newborn five-door gasoline-electric hatchback to
Auto industry to press Congress for $50B in loans
September 10, 2008
Monday, Sept 8, 2008Auto business to advise legislature for $50B in loansKen saint / Associated Press
WASHINGTON — Auto business allies wish to bonded up to $50 1000000000 in polity loans this period that would clear to renew plants and support struggling carmakers physique more fuel-efficient vehicles.
With legislature backward this reaching hebdomad from its season break, the business plans an battleful lobbying crusade for the low-interest loans. The status is ontogeny dreade
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