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Home > Search for "HUMMER H2 SUT"
Main > Car Makers News > GM > GM bleeds; aid talks heat up | detnews.com | The Detroit News Pressure is mounting on General Motors Corp. to secure additional federal aid and money-saving concessions from the United Auto Workers and bondholders in light of the automaker's $30.9 billion loss last year. GM revealed its fourth straight annual loss -- the second-worst in the company's 100-year history -- on Thursday, hours before Chairman and CEO Rick Wagoner met with President Barack Obama's auto team, which is overseeing the automaker's restructuring and repayment of $13.4 billion in federal... Full article... Article added: 2009-02-27 15:55:36 Article Views Rating: 262 Main > Car Makers News > Other > Iconic Checker Cab has Michigan ties | detnews.com | The Detroit News If you happened to see the Robert De Niro thriller "Taxi Driver," the kid's movie "Stuart Little" or Steven Spielberg's 2002 film "Catch Me if You Can," you might notice a common tread in each. All three - and many, many more films -- featured prominently the one-of-a-kind Checker Cab. In fact, until the last one was built in 1982, the quirky Checker Cab was as much in New York's milieu as the Empire State Building, the Staten Island Ferry or the Statue of Liberty. At its hey day in the mid-1950s it's... Full article... Article added: 2009-02-23 15:09:03 Article Views Rating: 144 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 > Ex-car exec heads in a new direction | detnews.com | The Detroit News He is a Michigan Everyman -- a corporate guy now flying solo. And in the high-risk days since Jeff Varick jumped from his corporate perch, he's had dizzying moments of free fall. Only two years ago, the key investor in Brandmotion, his Ann Arbor-based company, was on the verge of shutting him down. All of the career knowledge that Varick, now 45, had gleaned from a career at the General Motors Design Center and then at Johnson Controls wasn't helping him float in southeast Michigan's whitewater economy... Full article... Article added: 2009-02-17 14:55:40 Article Views Rating: 162 Main > Car Makers News > GM > GM to seek more federal aid | detnews.com | The Detroit News DETROIT -- General Motors Corp. will ask for billions more in federal aid today when it submits a restructuring plan to the U.S. Treasury Department outlining cuts that will dramatically shrink the iconic but troubled American automaker. But GM's recovery plan and one from Chrysler LLC, due today as a condition of a $17.4 billion federal loan package, are not expected to include key money-saving concessions from the United Auto Workers and bondholders. Despite long negotiations over the weekend and... Full article... Article added: 2009-02-17 14:55:39 Article Views Rating: 225 Main > Car Makers News > GM > GM in talks with Isuzu to sell medium-duty truck business | detnews.com | The Detroit News General Motors Corp. is negotiating with Isuzu Motors Ltd. to sell its medium-duty truck business, a move that would help the cash-strapped automaker raise money, cut costs and help ensure it complies with a $13.4 billion federal loan package. The negotiations involve keeping the truck division in Flint through 2014, a local union official said today. That contrasts with an earlier failed agreement with Navistar International Corp., which would have relocated jobs to another factory. "I think its great... Full article... Article added: 2009-02-03 07:09:25 Article Views Rating: 179 Main > Car Makers News > GM > Isuzu may buy GM truck business | detnews.com | The Detroit News General Motors Corp. is negotiating with Isuzu Motors Ltd. to sell its medium-duty truck business, a move that would help the cash-strapped automaker raise money, cut costs and help ensure it complies with a $13.4 billion federal loan package. The negotiations involve keeping the truck division in Flint through 2014, a local union official said Monday. That contrasts with an earlier failed agreement with Navistar International Corp., which would have relocated jobs to another factory. "I think it's... Full article... Article added: 2009-02-03 07:09:23 Article Views Rating: 170 Main > Car Makers News > Other > Car dealers try to survive as economy, sales drop | detnews.com | The Detroit News NEW ORLEANS -- At this year's version of the National Automobile Dealers Association convention, survival has passed maximizing profits as the focus of the event. Thousands of dealers from across the U.S. who gathered Saturday in New Orleans were greeted by workshops entitled "Selling up in a down economy: Taking the bull by the horns" and "Tough times, tougher dealers: Saving your dealership's assets." By almost all accounts, 2009 will be among the toughest years ever faced by the roughly 20,000... Full article... Article added: 2009-01-26 06:38:16 Article Views Rating: 156 Main > Car Makers News > Chrysler > GM: Saturn could survive; Chrysler: We'll be viable by spring | detnews.com | The Detroit News NEW ORLEANS -- General Motors Corp. said today the Saturn brand could survive a broad restructuring plan being developed that involves selling, shrinking or killing half of its eight brands. All possibilities are being considered but the options will be narrowed next month when the cash-strapped automaker submits a restructuring plan to Congress, said Mark LaNeve, GM's vice president for North America sales, service and marketing, while talking to reporters during the National Automobile Dealers... Full article... Article added: 2009-01-26 06:38:15 Article Views Rating: 255 Main > Car Makers News > Other > Downturn means it's back to the basics | detnews.com | The Detroit News We were spoiled too long. Minivans that leapfrogged the competition. Outrageously powerful Cadillac concepts as lavish as a rock opera. Luxury sport sedans that came to life as living art on the walls. Most of what you see on the Cobo Center floor at the North American International Auto Show this week was designed and engineered -- "locked in," as they say -- well before the current meltdown in industry sales. Will 2010 be even thinner?But if the show seems a little thin and aired out -- no Porsche... Full article... Article added: 2009-01-26 06:38:12 Article Views Rating: 149 |
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