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Main > Car Makers News > Other > Automakers putting brakes on options to trim costs | detnews.com | The Detroit News DETROIT -- When American consumers start buying new cars again, they'll likely find fewer combinations of moon roofs, seat upholstery and stereo systems to choose from. As with better fuel economy, it's a case of U.S. automakers taking a cue from their Japanese counterparts. A buyer of the 2008 Ford Fusion could choose from the various models and extra features available and come up with 2,600 combinations. For the 2010 version due in showrooms this summer, the number drops to 104. The Toyota Camry and... Full article... Article added: 2009-02-23 15:09:03 Article Views Rating: 141 Main > Car Makers News > Hummer > Chinese SUV maker denies reports it may buy Hummer | detnews.com | The Detroit News SHANGHAI -- Sichuan Automobile Industry Group, a small SUV maker in central China, denied a report Tuesday that it is in talks to buy GM's Hummer line, in the latest wave of speculation over potential global brand acquisitions by Chinese automakers. "Who made up that joke? Sorry, I've never heard of such a purchase plan," said an assistant to the general manager of Sichuan Auto Industry, who like many media-shy Chinese would only give his surname, Chen. "We have no energy to consider making bids for... Full article... Article added: 2009-02-17 14:55:40 Article Views Rating: 190 Main > Car Makers News > Other > Auto panel to exert broad clout | detnews.com | The Detroit News WASHINGTON -- President Barack Obama's decision to create a task force on autos, rather than appoint a car czar, centralizes authority within an administration that realizes the struggling automakers are facing an increasingly uncertain future. While presidential task forces are not new, industry and political experts say the panel announced Monday by the White House will exert an unusual amount of power. The Obama administration's point person -- the person with the legal authority to require auto... Full article... Article added: 2009-02-17 14:55:40 Article Views Rating: 145 Main > Car Makers News > Other > Geithner to lead auto panel | detnews.com | The Detroit News The White House on Monday will announce it is forming a task force led by Treasury Secretary Tim Geithner to oversee the restructuring of the auto industry -- one day before General Motors Corp. and Chrysler LLC are required to file viability plans. The move comes even as a senior administration official on Sunday would not rule out the possibility that GM and Chrysler may seek bankruptcy protection in the process. In a separate development, GM resumed urgent talks with the United Auto Workers on... Full article... Article added: 2009-02-16 09:31:18 Article Views Rating: 150 Main > Car Makers News > Other > Geithner to lead auto panel | detnews.com | The Detroit News The White House is dropping plans to appoint a car czar and instead will name a team, led by Treasury Secretary Timothy Geithner, to oversee the restructuring of the auto industry. The announcement will be made today -- one day before General Motors Corp. and Chrysler LLC must file viability plans. The move comes as a senior administration official on Sunday would not rule out the possibility that GM and Chrysler may need to seek bankruptcy protection in the process. In a separate development, GM... Full article... Article added: 2009-02-16 09:31:16 Article Views Rating: 138 Main > Car Makers News > Chrysler > GM, Chrysler rush plans | detnews.com | The Detroit News General Motors Corp. and Chrysler LLC are scrambling to finish key negotiations and fine-tune restructuring plans that will dramatically transform companies pushed to the brink of bankruptcy late last year. The automakers have had more than two months to slash costs and prove they can repay up to $17.4 billion in federal loans, despite the worst U.S. auto sales market since the 1980s. Preparations are expected to continue through the weekend to meet Tuesday's deadline to submit plans to the U.S... Full article... Article added: 2009-02-15 18:02:47 Article Views Rating: 181 Main > Car Makers News > Ford > Ford, GM execs see market stabilizing | detnews.com | The Detroit News CHICAGO -- Auto industry executives are seeing signs that the U.S. auto industry is beginning to stabilize, after months of free-falling sales that have threatened some of the sector's biggest players. Jim Farley, Ford Motor Co.'s global marketing chief, said Wednesday that seasonally adjusted retail sales demand has held steady for four months. Meanwhile, the country's used car market has come "roaring back" since January. "That shows me that credit's available," Farley said after a Ford presentation... Full article... Article added: 2009-02-12 06:29:14 Article Views Rating: 174 Main > Car Makers News > GM > Five GM vehicles are among the stars in new 'Transformers' movie | detnews.com | The Detroit News CHICAGO -- It was a transformational press conference for Chevrolet. The top-selling brand for General Motors Corp. rolled out five lead characters in the coming Transformers sequel "Transformers: Revenge of Fallen." The cast, which are all Autobots, include: Sideswipe: A Corvette Stingray concept vehicle. Skids and Mudflap: A mini-sized Chevy Beat and Trax concept vehicles. Jolt: A slightly tweaked Chevy Volt. "We're the good guys," said Chevrolet's general manager Ed Peper of the concept vehicles that... Full article... Article added: 2009-02-12 06:29:14 Article Views Rating: 182 Main > Car Makers News > Other > Obama to Big 3: Craft plan that works | detnews.com | The Detroit News WASHINGTON -- Nearly an hour of heavy questioning had ticked by and, finally, a reporter asked what probably all the reporters were wondering. What, exactly, was the brick-size wooden box with the red button on top, on the table in front of President Barack Obama? "If any of you really got me mad, I would press it," Obama said with a mischievous laugh. Obama, meeting with The Detroit News and more than a dozen other newspapers in the White House on Wednesday, is just getting used to the box, his office... Full article... Article added: 2009-02-12 06:29:13 Article Views Rating: 134 Main > Car Makers News > Other > Auto dealers add more incentives for buyers | detnews.com | The Detroit News The 2008 Chevrolet Suburban is a lot of vehicle, perhaps more ideally suited for the U.S. Border Patrol than for the average commuter. But Kent Carl, of Carl Chevrolet in San Jose, Calif., would like to think it's too good of a deal to pass up. The manufacturer's suggested retail price for the muscular and loaded V8 with three rows of seats is $39,280. But Carl, the general manager at the dealership, has it priced at $25,988. That's a savings of stacked-up incentives totaling $13,292. "We've had some... Full article... Article added: 2009-02-12 06:29:11 Article Views Rating: 297 |
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