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Main > Car Makers News > Other > Auto loan deal negotiations continue | detnews.com | The Detroit News WASHINGTON -- The Treasury Department on Sunday was asking detailed questions and studying the books of automakers while working on an auto rescue package of up to $15 billion to prevent General Motors Corp. and Chrysler LLC from collapse. Several lawmakers said Sunday they expected President Bush to act soon but no specific timetable has been set and a deal is not expected on Monday. White House Deputy Press Secretary Tony Fratto said that officials were looking closely at the automakers' books and... Full article... Article added: 2008-12-15 07:23:42 Article Views Rating: 177 Main > Car Makers News > Infiniti > Nissan Quest, Armada and Infiniti QX56 likely to be phased out Nissan’s new NV2500 concept hints at what Nissan’s first commercial-vehicle market will look like when it enters the North American market in 2010. According to Motor Trend, production will take place at Nissan’s Canton Mississippi plant where the Quest minivan and Armada and Infiniti QX56 SUVs are built.Sources say that the three vehicles are likely to be phased out when the NV2500 enters production for the 2011 model year. No confirmation has been made by Nissan as of yet, but it is unclear... Full article... Article added: 2008-12-12 06:46:16 Article Views Rating: 216 Main > Car Makers News > Nissan > Nissan EV Cube coming to 2008 Eco-Produc The largest eco-friendly products show of Japan, Eco-Products 2008, will be the initial public emergence of Nissan’s latest test vehicle electric Cube; also present in the show will be the X-TRAIL Clean Diesel SUV. The show begins today until Saturday at the Big Sight in Tokyo. The EV-02 experimental vehicle, patterned on the regular Cube, utilizes batteries of lithium ion.The display of Nissan at the show will also provide an idea for “non-contact charging” of those cells. And as far as the clean... Full article... Article added: 2008-12-12 06:46:14 Article Views Rating: 187 Main > Car Makers News > Other > Reduced debt request in auto bailout amendment a tough sell | detnews.com | The Detroit News An amendment introduced Thursday to a Senate bailout bill seeks to tighten the requirements for automakers seeking federal bridge loans to please Republicans, but some industry experts say the terms may be excessive. The amendment proposed by Sen. Bob Corker, R-Tenn., one of the sharpest critics of the bailout, insists that automakers receiving loans from the government negotiate huge reductions in their debts by March 15 and cut the compensation of union workers to the levels of the assembly line... Full article... Article added: 2008-12-12 06:46:13 Article Views Rating: 73 Main > Car Makers News > Other > Winton: Only the strongest Europeans will survive harsh 2009 | The Detroit News | detnews.com SUSSEX, England -- You could argue that Europe's car manufacturers are in good shape compared with America's, but that's not saying much, and 2009 looks dreadful for car sales here, with the possibility that some major players might be taken over or lesser mortals expire completely. Europe will have to face adversity without any major bailout from their governments, although France plans an inventive scheme to persuade owners of old clunkers to replace them with brand spanking new, fuel-efficient... Full article... Article added: 2008-12-11 06:59:26 Article Views Rating: 131 Main > Car Makers News > Other > Auto briefs | The Detroit News | detnews.com Renault SA CEO Carlos Ghosn will take over from Louis Schweitzer, 66, as company chairman next spring, France's second-largest carmaker said. Ghosn, 54, will be proposed as Schweitzer's successor at the company's May 6 shareholders meeting, France-based Renault said in a statement Wednesday. While Ghosn will retain the title of Renault CEO, he has prepared his operational succession by ceding daily leadership of the carmaker. Former strategy chief Patrick Pelata was promoted Oct. 10 to chief operating... Full article... Article added: 2008-12-11 06:59:26 Article Views Rating: 118 Main > Car Makers News > Other > Winton: Only the strongest Europeans will survive harsh 2009 | The Detroit News | detnews.com SUSSEX, England -- You could argue that Europe's car manufacturers are in good shape compared with America's, but that's not saying much, and 2009 looks dreadful for car sales here, with the possibility that some major players might be taken over or lesser mortals expire completely. Europe will have to face adversity without any major bailout from their governments, although France plans an inventive scheme to persuade owners of old clunkers to replace them with brand spanking new, fuel-efficient... Full article... Article added: 2008-12-11 06:58:57 Article Views Rating: 169 Main > Car Makers News > Other > Auto briefs | The Detroit News | detnews.com Renault SA CEO Carlos Ghosn will take over from Louis Schweitzer, 66, as company chairman next spring, France's second-largest carmaker said. Ghosn, 54, will be proposed as Schweitzer's successor at the company's May 6 shareholders meeting, France-based Renault said in a statement Wednesday. While Ghosn will retain the title of Renault CEO, he has prepared his operational succession by ceding daily leadership of the carmaker. Former strategy chief Patrick Pelata was promoted Oct. 10 to chief operating... Full article... Article added: 2008-12-11 06:58:57 Article Views Rating: 72 Main > Car Makers News > Volkswagen > Volkswagen New Beetle Consumer Guide's Impressions of the 2011 Volkswagen New BeetleThe Bug gets a retro-to-metro makeover that promises modern styling, more room, better fuel thrift, and new body-style choices. Is VW chasing Mini? Sure looks like it.What We Know About the 2011 Volkswagen New BeetleThe rumor mill talks a lot about Volkswagen AG these days, and for good reason. The German combine--which includes the premium Audi brand and exoticar labels Bentley, Bugatti, and Lamborghini--has set its sights on becoming the... Full article... Article added: 2008-12-11 06:08:11 Article Views Rating: 412 Main > Car Makers News > Mazda > Mazda 2 Review 2011 Consumer Guide's Impressions of the 2011 Mazda 2First it was no. Now it's go. The 2008 World Car of the Year is headed for America, promising high mpg and a "zoom-zoom" personality. But the Mazda 2 faces a tough fight in the subcompact-car arena, not least from corporate cousin Ford Fiesta.What We Know About the 2011 Mazda 2It's the subcompact car that rates 40 miles per gallon on the European combined driving cycle and is getting rave reviews. Indeed, it beat out the Mercedes-Benz C-Class to... Full article... Article added: 2008-12-10 08:49:03 Article Views Rating: 1299 |
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