|
||||||||||||||
Home
> Car Makers News
> Other
Sirius-XM merger approved by DOJ The U.S. Department of Justice DOJ approved the merger of satellite radio providers Sirius and XM. The merger has been in the works since last February, and now that the government’s antitrust division has given the all-clear, the final hurdle is the FCC. Initial rumors about the deal popped up in mid-2006, with both companies’ CEOs admitting it would be necessary to combat the growing competition from conventional radio, online radio and downloaded music. End-users should see the benefit in... Article added: 2008-03-25 07:30:50 Article Views Rating: 221
Mileage number one priority for consumers Car buyers are faced with a number of vehicle attributes at purchase time, including styling, performance, safety and quality just to name a few of the popular ones. However, the one attribute considered above all else by consumers according to a new study conducted by America’s AAA is a car’s fuel-economy. The results show that a majority of consumers, in the U.S. at least, are not buying cars based mostly on emotional decisions such as looks and brand, but rather financial reasons in order to... Article added: 2008-03-25 07:30:58 Article Views Rating: 221
Mileage at top of car buying list With the price of a fill-up hovering at record highs, gas mileage has become the number one consideration for American consumers in choosing a new vehicle, even topping which automaker produces the car or truck. That finding is the result of a AAA survey, which studied consumers' attitudes toward fuel prices. The survey, released this week, also suggests that car shoppers continue to want tougher government regulations on fuel efficiency. Sixty-one percent of those interviewed said lawmakers should... Article added: 2008-03-24 07:43:25 Article Views Rating: 220
Court allows Delphi cuts | detnews.com | The Detroit News NEW YORK -- A federal bankruptcy court on Tuesday allowed Delphi Corp. to end salaried retiree health and life insurance benefits for 15,000 people, the starkest example of the auto supplier's mounting financial woes. U.S. Bankruptcy Judge Robert Drain acknowledged that some retirees would suffer "dire" consequences, but said Delphi was exercising appropriate business judgment in ending the benefits starting April 1. The move will save the Troy-based parts maker more than $70 million annually and reduce... Article added: 2009-02-25 06:22:50 Article Views Rating: 220
Axle strike could limit supply of hot-selling Chevy Malibu The strike at parts maker American Axle could threaten production of General Motors Corp.'s hot-selling Chevrolet Malibu, sources familiar with production of the vehicle said today. The recently launched Malibu is a critical product for GM and already is in short supply. Until now the only GM factories affected by the United Auto Workers work stoppage have been ones that produce slow selling large trucks and full-size sedans. American Axle doesn't directly supply components for the Malibu, but the parts... Article added: 2008-04-01 05:38:28 Article Views Rating: 218
UAW chief unhappy with pace of American Axle talks HAMBURG TOWNSHIP -- The president of the United Auto Workers says he is optimistic that the union can settle several contract disputes at General Motors Corp. factories. But Ron Gettelfinger wasn't as hopeful Saturday when it came to an eight-week strike at parts maker American Axle and Manufacturing Holdings Inc. Gettelfinger told reporters before speaking to a Detroit-area Democratic Party dinner that American Axle isn't negotiating much. About 3,600 workers at five American Axle plants have been on... Article added: 2008-04-20 07:59:10 Article Views Rating: 218
Only one U.S. vehicle makes Top 10 picks | detnews.com | The Detroit News WASHINGTON -- Japanese automakers dominated Consumer Reports influential annual survey of the most reliable vehicles, with Toyota Motor Corp. nabbing five of the 2009 Top 10 Picks released Thursday. Japanese automakers held the top four overall spots in the magazine's survey, which is based on more than 50 tests of 80 different vehicles. The winners ranked high in road tests, reliability and safety requirements. American vehicles were pummeled in the magazine's April survey, which goes on sale Tuesday... Article added: 2009-02-27 15:55:36 Article Views Rating: 218
Is American Taxi’s Father Bankrupt? Checker Motors, 87-year-old American car manufacturer is in trouble. On January 16, it filed for bankruptcy protection under Chapter11 in U.S. Bankruptcy Court in Grand Rapids, Michigan. The auto company thinks the main reasons for the financial problems are the high labor costs and low car sales. Filing for protection from creditors allows the manufacturer to reorganize its business and try to become financially stable again. The company’s primary customer is General Motors and when the automaker... Article added: 2009-01-26 06:38:17 Article Views Rating: 217
Workers at Axle in crossfire as era ends You may not want to listen to Dakar McDonald. You may not be sympathetic to his predicament. But the guy tells a story that's worth hearing because of what it says about Detroit's reckoning. And an era's final gasps. He's 36. He's a husband, the father of an 8-year-old and a Southfield homeowner. He earns $28.75 an hour at American Axle & Manufacturing Holdings Inc.'s Plant 2, which he says works out to an annual salary of roughly $57,000. He's also on strike -- going on one month. McDonald, like the... Article added: 2008-03-22 19:54:34 Article Views Rating: 216
Study Indicates Teen Crash Losses Cost $34 Billion Per Year A first-ever analysis from AAA finds that crashes involving teen drivers ages 15 to 17 cost American society more than $34 billion annually in medical expenses, lost work, property damage, quality of life loss and other related costs in 2006."The impact of a teen crash extends beyond the emotional tragedies and physical injury at the crash scene, with costs that can extend to employers, families, the government and society overall," said AAA President and CEO Robert L. Darbelnet. "These... Article added: 2008-04-11 08:37:32 Article Views Rating: 215 |
||||||||||||||
©2008 carwad.net |