Highlights
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Auto chief executives ready roll into Washington
Associated PressDec 2, 2008 -
Rep. Ackerman warns carmakers to come with a plan this time
NewsdayDec 2, 2008 -
Ford says CEO will work for $1 to get federal loans
Associated PressDec 2, 2008
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Ford, Toyota and Honda post steep November sales declines
Ford Motor Co., Toyota Motor Corp. and Honda Motor Co. all posted deep sales declines for the month of November, the latest in a string of weak sales reports stretching back more than a year. For the month, sales of all of Ford's brands were down 31%...Tags: General Motors Corp., Honda Motor Co., Honda, Sales, Chrysler
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Big Three automakers try again for a bailout
Their first attempt was a lemon, but the Big Three U.S. automakers get a second chance this week to convince Congress that it should give them a $25-billion bailout -- or as they call it, a bridge loan to the future.
Setting the stage for what could be a...Tags: Harry Reid, Work Relations, General Motors Corp., Buick, Labor Legislation
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U.S. automakers to present new plan to Congress
General Motors Corp. chief executive Rick Wagoner and his counterparts at Ford Motor Co. and Chrysler Llc will put their jobs on the line this week when they try to convince Congress they can save their companies. U.S. House Speaker Nancy Pelosi (D-...Tags: Harry Reid, General Motors Corp., CEO Pay, Sales, Chrysler
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Ford says CEO will return to Washington by car
Ford Motor Co. says CEO Alan Mulally will travel by car when he makes his return trip to Washington, D.C., to seek $25 billion in government loans. Company spokesman Mark Truby says in an e-mail that Mulally will make the 520-mile trip on the ground....Tags: Corporate Officers, General Motors Corp., Trips and Vacations, Chrysler, Upper House
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Ford weighs selling Volvo amid industry downturn
AP Auto WritersFord Motor Co. is considering selling Volvo Car Corp. as the beleaguered U.S. automaker seeks to raise cash and weather a global automotive sales crisis. Goteborg-based Volvo Cars, which Ford bought in 1999, has been struggling against a weak U.S....Tags: Tata Motors, Mercury, Corporate Officers, General Motors Corp., Luxury Vehicles
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Automakers try again to get bailout funds
They'll park some corporate jets, cut executive pay and serve up concessions from the United Auto Workers, but Ford Motor Co., General Motors Corp. and perhaps Chrysler LLC also will have to address massive debts to persuade a skeptical Congress to loan...Tags: Corporate Officers, CEO Pay, General Motors Corp., Chrysler, Government
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Automakers to submit plans for bailout cash
Washington BureauWASHINGTON—Their first attempt was a lemon, but the Big Three U.S. automakers get a second chance this week to persuade Congress that it should give them a $25 billion bailout, or as they call it, a bridge loan to the future. Setting the stage...Tags: Corporate Officers, General Motors Corp., Trips and Vacations, Chrysler, Business Trips
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Car sales in Spain plunge 50 percent in November from last year, second worst drop on record
MADRID, Spain (AP) _ Spain's car manufacturers on Monday reported a 50 percent drop in sales in November compared to the same period a year ago, the second worst annual drop on record and the latest sign of the country's sharply weakening economy....Tags: Passenger Cars, General Motors Corp., Sales, Volkswagen, Automotive Equipment
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Swedish government in talks with US automakers about Saab and Volvo
Associated Press WriterSTOCKHOLM, Sweden (AP) _ The Swedish government confirmed Monday it is in talks with General Motors Corp. and Ford Motor Co. after a report that the U.S. automakers are seeking support for their struggling Swedish brands Saab and Volvo Cars. "We are...Tags: General Motors Corp., Chrysler, Volvo, Saab, Passenger Cars
Dec 2, 2008
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Dec 2, 2008
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Dec 2, 2008
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Dec 1, 2008
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Dec 2, 2008
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Dec 2, 2008
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Dec 1, 2008
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Dec 1, 2008
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