|
||||||||||||||
Home > Search for "Mazda6-based"
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: 48 Main > Car Makers News > GM > GM rescinds 27,000 pay cuts for white-collar workers | detnews.com | The Detroit News General Motors Co. restored salaries for white-collar workers and some executives Friday in a bid to retain employees critical to the automaker's revival. GM, which emerged from bankruptcy after receiving $50 billion in federal aid, ended temporary pay cuts for about 27,000 U.S. workers and other employees in Canada and some foreign countries. Senior-level executive pay cuts, however, are not being restored -- for now. The news comes two days after GM said it would lay off 1,000 additional white-collar... Full article... Article added: 2009-09-14 04:08:48 Article Views Rating: 51 Main > Car Makers News > Other > Bill would use stimulus cash to pay for Delphi retirees' health care | detnews.com | The Detroit News -- A Senate bill introduced Friday would pay for health care coverage for tens of thousands of Delphi Corp. retirees who have lost their insurance. U.S. Sen. Sherrod Brown, D-Ohio, introduced legislation that would shift up to $3 billion from the $787 billion stimulus bill approved in February to pay for health care coverage for about 65,000 retirees and their dependents. The bill would create a Voluntary Employees' Beneficiary Association, or VEBA, to provide health coverage to hourly workers in the... Full article... Article added: 2009-09-14 04:08:47 Article Views Rating: 37 Main > Car Makers News > GM > GM will sell Opel to group led by Magna | detnews.com | The Detroit News General Motors Co. plans to sell control of its German carmaker Adam Opel GmbH to a group led by Canada's Magna International Inc., the German government's preferred bidder. "The board concluded that this really is the best solution for the long-term viability of Opel," said GM Group Vice President John Smith, the U.S. automaker's chief negotiator. GM expects to finalize definitive agreements within the next few weeks and conclude the deal before December. The announcement marks the conclusion of a... Full article... Article added: 2009-09-11 05:05:09 Article Views Rating: 60 Main > Car Makers News > Chrysler > Chrysler buys out engine plant in Dundee | detnews.com | The Detroit News Chrysler Group LLC, the automaker run by Fiat SpA since exiting bankruptcy in June, said Thursday it bought out Mitsubishi Motors Corp. and Hyundai Motor Co. stakes in a Michigan engine factory. The U.S. carmaker took full ownership of the Global Engine Manufacturing Alliance plant in Dundee, effective Aug. 31, said a statement. Financial terms weren't disclosed. The venture, formed in 2003, has been making four-cylinder engines used in Chrysler vehicles. Buying out the two partners clears the way for... Full article... Article added: 2009-09-11 05:05:08 Article Views Rating: 59 Main > Car Makers News > Other > Wixom plant will get new life as renewable energy park | detnews.com | The Detroit News -- Two out-of-state renewable energy firms have selected Ford's shuttered Wixom plant for an ambitious $725 million redevelopment project, creating what officials are calling the nation's largest renewable energy park, company officials said Thursday. The companies, Xtreme Power of Austin, Texas, and Clairvoyant Energy of Santa Barbara, Calif., plan to retool the aging factory, which once built such icons as the Lincoln Town Car and Ford Thunderbird, to manufacture solar panels and utility-scale... Full article... Article added: 2009-09-11 05:05:06 Article Views Rating: 51 Main > Car Makers News > GM > GM sells Opel to Magna, Sberbank | detnews.com | The Detroit News General Motors Co. will enter into the latest of a series of alliances in key overseas markets after agreeing to sell control of its German carmaker Adam Opel GmbH. GM said it was planning to sell 55 percent of Opel to Canada's Magna International Inc. and Sberbank of Russia, the German government's preferred bidders. The U.S. automaker will retain 35 percent, forming a three-way partnership. "We're very experienced and very successful in collaborative business models," said John Smith, group vice... Full article... Article added: 2009-09-11 05:05:03 Article Views Rating: 56 Main > Car Makers News > GM > GM offers 60-day, cash-back guarantee | detnews.com | The Detroit News General Motors Co., trying to woo consumers after a trip through bankruptcy, will launch a new advertising campaign Monday touting a 60-day money-back guarantee featuring GM Chairman Ed Whitacre. The move is a bid to boost slumping sales and market share at a crucial time for the automaker, and for GM executives under government pressure to improve the company's fortunes. GM, which received $50 billion in federal aid, is pouring millions into the "May the Best Car Win" campaign. The promotion will urge... Full article... Article added: 2009-09-11 05:04:55 Article Views Rating: 57 Main > Car Makers News > Other > Gadgets in race to keep drivers safe, multitasking | detnews.com | The Detroit News It's shaping up to be a shootout to manage and balance human behavior, convenience and public safety. But will it be the smart handheld device or the intelligent car that crosses the finish line first? The race to seamlessly synchronize car and driver, easing traffic congestion, enhancing safety while still allowing us to multitask is falling short even as cars adopt more high-tech devices. For now, lawmakers are forcing motorists to choose between driving and texting. One in four motorists admit to... Full article... Article added: 2009-09-11 05:04:50 Article Views Rating: 32 Main > Car Makers News > Other > Ad blitz targets diesel fuel's noisy, smelly image | detnews.com | The Detroit News Imagine trying to market a product that most Americans regard as old and obsolete, that is remembered -- if at all -- as low-class and low-tech, noisy and noisome, and whose most notable advocates are truck drivers with prominent trouser cleavage. CB radio? An excellent guess, but no. Diesel, the oilier cousin of gasoline, dominates the European auto market, where fuel prices hover around $7 per gallon. Diesel is about 25 percent to 40 percent more fuel-efficient than gasoline, with commensurate... Full article... Article added: 2009-09-11 05:04:43 Article Views Rating: 33 |
||||||||||||||
©2008 carwad.net |