Archive for June, 2009
Chrysler won’t add Fiat in United States
Chrysler Group LLC, the automaker run by Fiat SpA, said it won’t bring the Italian company’s namesake brand to the United States, while selling its partner’s 500 small-car model and ...
Aston Martin unveils Mini-me commuter car
Sky News reports that carmaker Aston Martin is teaming up with Toyota to create the Cygnet, a sort of Aston ‘mini-me’ based on the Toyota iQ sold in Europe.
Aston says it ...
Feds to launch cash-for-guzzlers on July 23
The U.S. Transportation Department said it expects to issue final rules for the cash-for-guzzlers program around July 23 and warned dealers that they are legally responsible for any trade-ins structured ...
GM to abandon California joint venture with Toyota
General Motors Corp. said June 29 it plans to emerge from bankruptcy protection without its 25-year-old California joint venture with Toyota Motor Corp., the Automotive News reported.
GM, in a statement, ...
GM learns from Chrysler bankruptcy
Efforts by General Motors Corp. to emerge from bankruptcy smaller but financially stronger hinge on a hearing that begins today in New York to approve the sale of the automaker’s ...
Ford ups Q3 production by 25,000 vehicles
Ford Motor Co. is increasing its third-quarter production forecast by 25,000 vehicles to 485,000 units, Ford sales analyst George Pipas said today, and Automotive News reported.
That’s 67,000 units higher than ...
Magna-Opel deal in doubt
Efforts to save two leading European carmakers took a twist on Tuesday that could change the ownership of both crisis-hit General Motors Corp’s Opel and German sportscar maker Porsche, Reuters ...
Lear on the brink of bankruptcy
Southfield, Mich.-based auto supplier Lear Corp. has until the end of the day Tuesday to make an interest payment to its bondholders and to reach a deal with its banks ...
Hyundai offers $1.49 gas guarantee for buyers
The Associated Press is reporting that Hyundai is offering to guarantee gas at $1.49 a gallon for consumers who buy its vehicles during the next two months.
The Korean automaker says ...
Warren Truck Assembly and other plants reopen
Employees returned to the Warren Truck Assembly Plant and other manufacturing sites on June 29. This video features an interview with Warren Truck Plant Manager Ken Brune, Head of North ...
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