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Home > Search for "LA Auto Show"
Main > Car Makers News > Other > Federal auto czar in Detroit today to discuss stimulus grant | detnews.com | The Detroit News -- The White House auto recovery czar will meet in Detroit with energy workers and political leaders to discuss a local $83 million federal stimulus grant that's part of a $3.4 billion effort to modernize the U.S. power grid. Ed Montgomery, head of the White House Council on Auto Communities and Workers, is scheduled to visit DTE Energy Co.'s headquarters Thursday. He and others will outline the grant to DTE Energy, which the utility is matching so it can install a network of 660,000 advanced electric... Full article... Article added: 2009-10-30 06:56:25 Article Views Rating: 67 Main > Car Makers News > Other > Senate committee calls Delphi's salaried pensions 'devastating' | detnews.com | The Detroit News -- A Senate committee criticized the disparate treatment of the pensions of Delphi Automotive LLP's hourly and salaried retirees and demanded more information on how the decisions were made by the Obama administration. Sen. Tom Harkin, D-Iowa, chairman of the Senate Health, Education, Labor and Pensions Committee, noted at a hearing Thursday that the Troy-based auto supplier had terminated its pension plans covering 70,000 workers -- the fourth-largest ever takeover in terms of people covered. In July... Full article... Article added: 2009-10-30 06:56:23 Article Views Rating: 62 Main > Car Makers News > GM > GM targets Asia, China with headquarters in Shanghai | detnews.com | The Detroit News One of the hallmarks of the new General Motors Co. is swift decision-making, and the decision where to base the international operations was made fast. "It didn't take us more than about a minute to decide where it should be," said Nick Reilly, GM executive vice president and new head of international operations. He and CEO Fritz Henderson agreed on Shanghai during a phone call. Reilly was already stationed there as director of GM's Asia Pacific operations. But the choice primarily reflects the U.S... Full article... Article added: 2009-10-30 06:56:22 Article Views Rating: 60 Main > Car Makers News > Other > White House, Edmunds in war of words over 'clunkers' | detnews.com | The Detroit News -- The White House said the influential automotive news Web site Edmunds.com's harsh analysis of the impact of "cash for clunkers" was "faulty" and "implausible." Edmunds CEO Jeremy Anwyl shot back that the White House was "shooting the messenger." Edmunds said cash for clunkers cost taxpayers $24,000 per vehicle sold. Nearly 690,000 vehicles were sold during the $3 billion cash for clunkers program that offered up to $4,500 rebates, officially known as the Car Allowance Rebate System, but Edmunds.com... Full article... Article added: 2009-10-30 06:56:22 Article Views Rating: 61 Main > Car Makers News > Other > Senate panel seeks Delphi answers | detnews.com | The Detroit News -- A Senate committee, distressed by the different treatment of Delphi Automotive LLP's salaried and hourly retirees, wants to know how the decisions were made by the Obama administration. In July, Delphi saddled the Pension Benefit Guaranty Corp. with responsibility for the pension plans of 70,000 Delphi workers and retirees. That move was estimated to cost the PBGC, the government's pension insurer, about $6.25 billion. Recent estimates put it as high as $6.7 billion. Under agreements with Delphi's... Full article... Article added: 2009-10-30 06:56:21 Article Views Rating: 62 Main > Car Makers News > Other > Reilly's world is growing larger | detnews.com | The Detroit News Nick Reilly, executive vice president of General Motors Co., works out of a skyscraper in Shanghai, a Chinese port city halfway across the globe from the company's Detroit headquarters. Most of his senior-level GM colleagues are asleep when he's working, and they arrive at their offices as he's preparing to go home. Even though Reilly is far away, he is emerging as GM's second most important executive after CEO Fritz Henderson. As the new head of GM's international operations, the British executive runs... Full article... Article added: 2009-10-30 06:56:20 Article Views Rating: 60 Main > Car Makers News > Ford > Sterling Heights Ford UAW local may ask for revote | detnews.com | The Detroit News Ford Motor Co. could shift work promised to its Sterling Heights axle factory as part of a tentative agreement with the United Auto Workers to a German supplier after the local union voted overwhelmingly against the deal, according to a union source. Now, some workers there are organizing a petition urging UAW President Ron Gettelfinger to call for a revote. Spurred on by union dissidents who say the time for concessions is over, rank-and-file members at plants across the country have cast their ballots... Full article... Article added: 2009-10-30 06:56:19 Article Views Rating: 59 Main > Car Makers News > Other > Fesler-Moss revives vintage Camaro package | detnews.com | The Detroit News Sometimes you have to turn back the clock to go fast forward. First, we turn back four decades, to the birth of the Chevrolet Camaro and that very special souped-up version known as the COPO, that string of letters representing the abbreviation for how to work the order form to get what amounted to a factory-built hot rod. Next, we turn back just a few years, to when automotive engineer Jon Moss was head of what amounted to General Motors' toy shop, the specialty vehicles group that did things such as... Full article... Article added: 2009-10-30 06:56:18 Article Views Rating: 58 Main > Car Makers News > Other > Backlog of clunkers still await recycling | detnews.com | The Detroit News -- Cash for Clunkers may be history for car shoppers, but the program's largesse lives on in recycling yards around the country. A torrent of traded-in clunkers have arrived at auto recyclers in the past two months and are still waiting to be drained of fluids, stripped of valuable parts and eventually flattened for scrap. At some disposal facilities, Ford Explorers, Chevy Blazers, Chrysler Town & Country minivans and other popular clunkers are parked bumper to bumper on several acres, many marked "C4C"... Full article... Article added: 2009-10-30 06:56:16 Article Views Rating: 56 Main > Car Makers News > Other > Recovery will stem from fresh designs | detnews.com | The Detroit News Some of the auto industry's biggest hits have roots in a company's darkest days, demographic shifts or a defining moment in history. The strongest and most creative regroups -- even going as far as betting the ranch -- have delivered a triple or a home run in the form of the bubbly Taurus or the minivan. It's unclear when and how bright the light at the end of the current dark tunnel will shine, but the seeds of a sustained recovery will have their roots in the styling studio. Development begins... Full article... Article added: 2009-10-30 06:56:13 Article Views Rating: 22 |
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