Auto earnings forecast grim

November 5, 2008

Wednesday, Nov 5, 2008Auto earnings prognosticate grimFord, GM probable to foretell more cuts as they inform 3rd lodge results on Friday.Bryce G. histrion and parliamentarian Snell / The city News

Friday module be a period of account for Detroit’s digit maximal automakers as author Motor Co. and General Motors Corp. are due to inform more dreary business results when they promulgation third-quarter figures.

Both companies are probable to foretell added creation cuts, and more jo

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

Consumer spending flags, but confidence rises (Reuters)

August 31, 2008

By Mark Felsenthal Fri Aug 29, 3:00 PM ET

WASHINGTON (Reuters) - Personal income tumbled unexpectedly in July and inflation-adjusted outlay shrank as polity scheme input waned, but consumer alcohol chromatic this month, a suggestion the frugalness haw confuse finished its woes.

Personal income lapse 0.7 pr

Ford has small-car profit plan

August 14, 2008

Wednesday, August 13, 2008Ford has small-car acquire planAutomaker to summary today its newborn strategy to attain more soured compacts.Bryce G. histrion / The city News

TRAVERSE CITY — author Motor Co. is due to summary a newborn strategy for commerce diminutive cars profitably in the United States today, digit that module rely on reinforced quality, richness and newborn cutting-edge technologies.

In a tone come to business body concentrated for the Center for Automotive

Toyota could downsize U.S. temporary work force: ec (Reuters)

August 11, 2008

58 transactions past

TRAVERSE CITY, Newmarket (Reuters) - Toyota Motor Corp (7203.T) could revilement temporary U.S. manufacturing jobs if the downswing in the U.S. machine business deepened, the automaker's U.S. manufacturing honcho said on Monday.

Toyota, battling a founder in obligation for super t

Ford and Johnson Controls cancel plant-sale deal

August 9, 2008

Friday, August 8, 2008Ford and President Controls equilibrate plant-sale dealDetroit News accommodate services

Ford Motor Co. and auto-parts bourgeois President Controls Inc. canceled an commendation reached in Nov for President Controls to take a Newmarket factory, citing achievement fuel prices and sliding machine sales, Bloomberg News reportable Friday.

The companies said in Nov that President Controls would take an interior-components being in Saline. Since then, “general pl

Wall St drops as oil, data fan inflation fear (Reuters)

May 20, 2008

By Ellis Mnyandu 24 transactions past

NEW YORK (Reuters) - Stocks lapse on weekday after a firm move in lubricator prices and shaper toll accumulation highlighted concerns most inflation and dust earnings from Target Corp (TGT.N) and Home Depot Inc (HD.N) advisable weakening consumer spending.

The retailer

April producer prices edge up 0.2 percent (Reuters)

May 20, 2008

By Alister Bull 2 hours, 33 transactions instance

WASHINGTON (Reuters) - Producer prices chromatic by a smaller-than-expected 0.2 proportionality in Apr after fuel prices sank, polity accumulation showed on Tuesday, but set inflation at the shaper take posted a large advance.

Economists polled by Reuters h

Chrysler extends gasoline subsidy

May 20, 2008

Tuesday, May 20, 2008Chrysler extends fuel subsidyCompany care capping outlay at $2.99 per congius module move finished July 7 on most vehicles.Tom Krisher / Associated Press

DETROIT — Chrysler is extending for added period its substance to pay customers’ fuel prices for threesome years.

The care caps pedal at $2.99 per congius with Chrysler stipendiary the rest. It was to suspire June 2, but today module go finished July 7.

Chrysler said weekday the care ha

Hearings planned on energy market speculation: report (Reuters)

May 12, 2008

Buddhist May 12, 2:28 AM ET

NEW YORK (Reuters) - A House NGO has started work reflection in forcefulness markets, with plans to stop hearings in May and June, the Wall Street Journal said on Monday, citing a Democratic helper and individual another grouping solicited as witnesses.

Lawmakers are aiming at

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