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Main  >  Car Makers News  >  Other  > 
Analysts predict the sales shape of 2010 | detnews.com | The Detroit News
-- Auto executives and analysts are digging deep into the alphabet to find the letters to describe the kind of recovery they expect from the industry's deepest downturn in 30 years. "I think we're going to have a different recovery shape in Western Europe, central Europe and Eastern Europe," said Wayne Brannon, head of General Motors Co.'s Chevrolet brand in Europe. "A lot of people are telling me that Western Europe is turning the corner. I expect we'll have solid U-shaped growth." Many other... Full article...

Article added: 2009-09-17 13:17:59   Article Views Rating: 312


Main  >  Car Makers News  >  Chrysler  > 
Senate leader urges GM, Chrysler dealership talks | detnews.com | The Detroit News
-- A key Senate leader is urging General Motors Co. and Chrysler Group LLC to negotiate a compromise with groups representing more than 2,000 dealerships that are slated to close as the automakers restructure. Sen. Richard Durbin of Illinois, the No. 2 Democrat in the Senate, on Monday sent letters to GM President and CEO Fritz Henderson and Chrysler CEO Sergio Marchionne urging them to reach a deal on the dealership issue "at the negotiating table." The House passed a spending bill in July that seeks... Full article...

Article added: 2009-09-17 13:17:57   Article Views Rating: 302


Main  >  Car Makers News  >  Other  > 
China challenges U.S. tire tariffs | detnews.com | The Detroit News
-- President Barack Obama's decision to impose heavy tariffs on Chinese-made tires may prompt China to retaliate against U.S. auto and poultry exports. China took its case to the World Trade Organization Monday, after Obama ordered additional U.S. tariffs on Chinese tires for three years, including 35 percent in the first year. The increases come on top of the current 4 percent tariff. Besides challenging the tire tariffs before the WTO, the Chinese government said it would investigate on its own to... Full article...

Article added: 2009-09-16 06:54:41   Article Views Rating: 108


Main  >  Car Makers News  >  GM  > 
Obama says GM survival essential to U.S. economy | detnews.com | The Detroit News
-- President Barack Obama visited a General Motors Co. automobile assembly plant Tuesday hard hit by the industry downturn and hailed economic recovery efforts that will put more than 1,000 workers here back on the job next month. In his first visit to an automobile plant since the November election and since General Motors Co. and Chrysler Group LLC emerged from bankruptcy court, Obama said "automakers are getting back in the game," and defended the government's $50 billion investment, and ownership... Full article...

Article added: 2009-09-16 06:54:38   Article Views Rating: 112


Main  >  Car Makers News  >  GM  > 
Obama hails recovery efforts in visit to GM plant | detnews.com | The Detroit News
-- President Barack Obama visited a General Motors Co. automobile assembly plant Tuesday hard hit by the industry downturn and hailed economic recovery efforts that will put more than 1,000 workers here back on the job next month. In his first visit to an automobile plant since the November election and since General Motors Co. and Chrysler Group LLC emerged from bankruptcy court, Obama said "automakers are getting back in the game," and defended the government's $50 billion investment, and ownership... Full article...

Article added: 2009-09-16 06:54:36   Article Views Rating: 89


Main  >  Car Makers News  >  Renault  > 
Dominance of electrics sparks car talk; Renault has 4 | detnews.com | The Detroit News
-- France's Renault SA stole the spotlight at the Frankfurt Motor Show, unveiling four electric cars and pledging to bring them to market at affordable prices within three years. Most automakers displayed concept or production vehicles demonstrating advances in electric car technology, which has emerged as a dominant theme of the show. Volkswagen revealed an e-Up electric show car along with new sporty cars loaded with horsepower, and PSA Peugeot Citroen showed an electric car based on Mitsubishi Motors... Full article...

Article added: 2009-09-16 06:54:35   Article Views Rating: 102


Main  >  Car Makers News  >  Other  > 
Tougher market expected for U.S. in Europe | detnews.com | The Detroit News
-- Detroit's automakers are occupying less space at this year's Frankfurt Motor Show, and in the European auto market, after shedding brands and assets to get through a global industry downturn that hit them especially hard. General Motors Co. will essentially be fielding one brand in Europe -- Chevrolet -- once it completes the sale of its two European brands, Saab of Sweden and Germany's Adam Opel GmbH, which GM has owned since 1929. Ford Motor Co. is more successful in the region, but it also will be... Full article...

Article added: 2009-09-16 06:54:35   Article Views Rating: 80


Main  >  Car Makers News  >  Other  > 
Autos ready to shine anew | detnews.com | The Detroit News
Last fall, as auto executives gathered for Europe's biggest car show, the industry teetered on the precipice of the worst downturn in 30 years. This week, executives from a recomposed auto industry convene in Frankfurt in a cautiously optimistic mood: "The worst is behind us," said Christoph Strmer, an analyst at forecasting firm IHS Global Insight. Now, he said, "the feeling is, we've passed it, we've survived it, we're still in business." Still, industry executives and analysts remain apprehensive... Full article...

Article added: 2009-09-15 04:26:12   Article Views Rating: 80


Main  >  Car Makers News  >  Other  > 
Disclosure sought on 'opt out' for side airbags | detnews.com | The Detroit News
-- The nation's top auto safety regulator will ask automakers to disclose whether they allow fleet customers to opt out of buying side airbags or other safety equipment. Starting in the 2011 model year, the National Highway Traffic Safety Administration "will begin requesting that vehicle manufacturers specifically state whether fleet models have different safety equipment from those sold at dealerships. Any differences will be noted in the ratings information provided," the agency's acting chief, Ron... Full article...

Article added: 2009-09-15 04:26:10   Article Views Rating: 62


Main  >  Car Makers News  >  Other  > 
American Axle's stock is on the rise | detnews.com | The Detroit News
American Axle & Manufacturing Holdings Inc., a supplier of axles for General Motors Co. light trucks, rose to its highest mark since September 2008 after a Barclays Capital analyst raised his rating on the shares. Financial results will beat analysts' estimates as early as this quarter as full-size pickup sales recover after the government's "cash for clunkers" incentive program, Barclays Brian Johnson in Chicago said in a report Friday. He boosted his rating to overweight/neutral from equal... Full article...

Article added: 2009-09-14 04:08:49   Article Views Rating: 67


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