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Bush administration will not finish new fuel economy rules amid industry financial problems
newsday.com - 46 min 54 sec ago
WASHINGTON (AP) — The Bush administration says it won't finish new vehicle fuel-efficiency rules, leaving the issue to the incoming Obama administration. The Transportation Department said Wednesday that the recent financial problems of...
Categories: Mopar News
Administration won't finalize fuel economy rules
newsday.com - 1 hour 43 min ago
The Bush administration says it won't finish new vehicle fuel-efficiency rules, leaving the issue to the incoming Obama administration. The Transportation Department said Wednesday the recent financial problems of automakers will require the next...
Categories: Mopar News
Bailout Bill Dead; And We're Consuming Less Oil
newsday.com - 5 hours 26 min ago
UPDATE: The Bailout bill has failed in the Senate. We'll have more on the story as it develops, below is Todd Lassa's blog from earlier in the day Thursday. DETROIT - This just in: Majority Leader Harry Reid (D-Nevada) says there's progress in a...
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President-elect Obama, Your New Chrysler 300 is, er, Fiberglass...for Now
newsday.com - 5 hours 26 min ago
DETROIT - Will Chrysler LLC be around long enough to build the 2011 Dodge Charger and Chrysler 300? (Editor's note, a present Chrysler 300 is pictured) Will Chrysler factories reopen after its extended holiday shutdown, which begins Friday? I don't know....
Categories: Mopar News
Chrysler Shuts For A Month and Chevy Volt Engines Delayed
newsday.com - 5 hours 26 min ago
Chrysler LLC said Wednesday that it will shut down all its North American production for at least one month starting December 19. Both Chrysler and GM are having to cut deeply into expenses as they await news on a government loan package from the White...
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Has The Tide Turned In Favor of The Detroit Three?
newsday.com - 5 hours 26 min ago
DETROIT - Polls have turned, a bit, in favor of the Detroit Three. CNN reported 61-percent opposition to federal loan guarantees for General Motors, Ford Motor and Chrysler LLC last month. Just 39 percent were in favor. By the time Rick Wagoner, Alan...
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Bush Saves GM and Chrysler at the Last-Minute, for Obama
newsday.com - 5 hours 26 min ago
DETROIT - The city is shutting down thanks to a snowstorm that will keep at home those who weren't already on an early Christmas vacation. The pall cast over Metro Detroit for the last couple of months has lifted a bit, as President Bush announced...
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Beware the Ides of March 31: Toyota's Reversal Proves it's About More Than Cars
newsday.com - 5 hours 26 min ago
DETROIT - So March 31 turns out to be the big day. It's the day Toyota Motor Company expects to post its first-ever loss, $1.66- to $1.68-billion for the fiscal year, depending on whose rounding and yen-to-dollar conversions you believe. Toyota...
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It May Not Be Bankruptcy, but Chrysler Deconstruction Inevitable
newsday.com - 5 hours 26 min ago
By Bill Visnic President George W. Bush finally released the crucial billions needed to keep General Motors Corp. and Chrysler LLC around to see the new year, but with the real work just beginning, the wrenching save-Detroit soap opera seems to be...
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Kerkorian Out of the Ford Business
newsday.com - 5 hours 26 min ago
DETROIT???Billionaire financier Kirk Kerkorian has sold the remainder of his investment in Ford Motor Co. Tracinda, which briefly ranked as Ford's largest outside investor earlier this year, said in a regulatory filing in October that it had begun working...
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Top 10 People We Watched in 2008
newsday.com - 5 hours 26 min ago
DETROIT - You don't need a reminder of how bad 2008 was for the auto industry. General Motors, Chrysler LLC and Ford Motor Company were the poster children for what has happened to American manufacturing as we shifted to a nation that runs on the...
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Chrysler's 'Thank You' Ads: Not the Best Idea
newsday.com - 5 hours 26 min ago
By Bill Visnic Readers of the nation's major newspapers -- those still reading paper, anyway -- by now have seen splashy full-page ads from Chrysler LLC thanking "America" for its bailout-investment in the company. No harm in being contrite, but just like...
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Gettelfinger: Chrysler, GM may not need additional loans
allpar news - Tue, 01/06/2009 - 19:17
United Auto Workers union president Ron Gettelfinger says Chrysler and GM may not need additional federal funds beyond the $17.4 billion already approved. In an exclusive interview at the UAW’s Solidarity House, the union leader told Automotive News that sales in 2009 will determine whether more money will be needed to keep the automakers solvent. Gettelfinger is hopeful the [...]
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US service sector improves slightly in December; factory orders, pending homes remain weak
newsday.com - Tue, 01/06/2009 - 13:00
WASHINGTON (AP) — A measure of the U.S. services sector improved slightly in December, beating analysts' estimates, but pending home sales and factory orders both fell more than expected and the overall economic outlook remains grim. In a reading...
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A More Subdued NAIAS Says Chrysler
jeepnewsnow.com - Tue, 01/06/2009 - 10:09
Chrysler's Director of Product, Brand and Sales Communications, Rick Deneau just posted on Chrysler's media-only blog that the 2009 NAIAS that kicks off 1/11 in Detroit will be like no other - gone will be all the freebies and crazy product...
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December closes dismal sales year
allpar news - Tue, 01/06/2009 - 08:07
Light vehicle sales last month inspired all sorts of comparisons; nearly all of which were bad. Sales at General Motors and Ford, although better than some of the predictions, came in at levels not seen in nearly four decades. Industry-wide sales rates rivaled those last seen in the early 1980s. As the year rolled on, sales [...]
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JeepNewsNow Readers Split Over Government Bailout
jeepnewsnow.com - Tue, 01/06/2009 - 08:01
We just closed the most recent poll about whether or not our readers supported the government bailout of Chrysler and G.M. The results were almost evenly split. 52% of you said you didn't support the bailout while 48% were in favor of it. What...
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US auto sales tumble 18 pct in 2008; GM sells fewest vehicles in 49 years
newsday.com - Tue, 01/06/2009 - 06:35
DETROIT (AP) — After a year in which U.S. auto sales tumbled 18 percent and GM had its worst year in nearly a half-century amid slack demand fueled by a terrible economic outlook and growing job worries, automakers are reluctant to predict when a...
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Wheelers for the Wounded Revs up National Tour
jeepnewsnow.com - Tue, 01/06/2009 - 06:08
Wheelers for the Wounded, an organization inspired by a single Marine wounded in Iraq in 2007, will begin a unique outreach program to thank wounded American service men and women by sharing weekends of four-wheeling and camping hosted by off-roading...
Categories: Mopar News
US auto sales drop in 2008, recovery unclear
newsday.com - Tue, 01/06/2009 - 05:38
After a year in which U.S. auto sales tumbled 18 percent and GM had its worst year in nearly a half-century amid slack demand fueled by a terrible economic outlook and growing job worries, automakers are reluctant to predict when a recovery might occur....
Categories: Mopar News
