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Minicar Frontal Crash Tests Show Head And Leg Injuries
April 30, 2009 - In crash tests with midsized vehicles, Toyota Yaris, Honda Fit and smart fortwo performed poorly in protecting occupants, exposing them to head and leg injuries.
April 30, 2009 - In crash tests with midsized vehicles, Toyota Yaris, Honda Fit and smart fortwo performed poorly in protecting occupants, exposing them to head and leg injuries.
Honda Posts First Quarterly Loss in 15 Years
April 29, 2009 - Although Honda Motor Co. posted a $2.91 billion loss for the fourth quarter, the company was profitable for 2009 and predicts the automotive market in the U.S. is close to hitting bottom.
April 29, 2009 - Although Honda Motor Co. posted a $2.91 billion loss for the fourth quarter, the company was profitable for 2009 and predicts the automotive market in the U.S. is close to hitting bottom.
Chrysler, UAW Reach Tentative Agreement
April 28, 2009 - Chrysler and leaders of the United Auto Workers union have reached a tentative agreement on retiree health care benefits that could be crucial to the automaker's survival if approved by the union's membership.
April 28, 2009 - Chrysler and leaders of the United Auto Workers union have reached a tentative agreement on retiree health care benefits that could be crucial to the automaker's survival if approved by the union's membership.
GM Announces Demise of Pontiac, New Job Cuts, Bondholder Offer
April 27, 2009 - In a more aggressive plan than that presented in February, General Motors will not eliminate Pontiac, make 23,000 job cuts, reduce its dealership network, and attempt a stock swap with bondholders.
April 27, 2009 - In a more aggressive plan than that presented in February, General Motors will not eliminate Pontiac, make 23,000 job cuts, reduce its dealership network, and attempt a stock swap with bondholders.
Ford Posts Loss But Slows Cash Burn
April 24, 2009 - Although the Ford Motor Co. posted its fourth consecutive quarterly loss, the Detroit giant, still operating without federal funds, slowed its cash burn as auto sales reach 27-year lows.
April 24, 2009 - Although the Ford Motor Co. posted its fourth consecutive quarterly loss, the Detroit giant, still operating without federal funds, slowed its cash burn as auto sales reach 27-year lows.
AutoNation Posts Profit Amid Industry Slump
April 23, 2009 - With car sales at 25-year lows and the American auto industry in crisis, the largest dealership group in the United States, AutoNation, still managed a first-quarter profit of $34.6 million.
April 23, 2009 - With car sales at 25-year lows and the American auto industry in crisis, the largest dealership group in the United States, AutoNation, still managed a first-quarter profit of $34.6 million.
Chrysler Supplying Electric Test Fleet to USPS
April 22, 2009 - In an Earth Day announcement, Chrysler LLC has said it will test a fleet of 250 all-electric Town and Country minivan concepts with the United States Postal Service in select locations.
April 22, 2009 - In an Earth Day announcement, Chrysler LLC has said it will test a fleet of 250 all-electric Town and Country minivan concepts with the United States Postal Service in select locations.
Chrysler, GM to Receive More Funds as Rescue Efforts Continue
April 21, 2009 - As talks between Chrysler and Fiat continue and General Motors works to cut costs to avoid a bankruptcy, the Obama administration is providing additional funding in ongoing efforts to save both automakers.
April 21, 2009 - As talks between Chrysler and Fiat continue and General Motors works to cut costs to avoid a bankruptcy, the Obama administration is providing additional funding in ongoing efforts to save both automakers.
Changan Autos of China Contemplating U.S., European Acquisitions
April 20, 2009 - In remarks to reporters at the Shanghai Auto Show, the chairman of China's Chongqing Changan Auto Co. indicated the company is contemplating a move into the North American and European markets.
April 20, 2009 - In remarks to reporters at the Shanghai Auto Show, the chairman of China's Chongqing Changan Auto Co. indicated the company is contemplating a move into the North American and European markets.
GM's Henderson Says No Bankruptcy Decision Made Yet
April 17, 2009 - In remarks to reporters during a morning teleconference, GM CEO Fritz Henderson said no decision has been made regarding bankruptcy proceedings for the company, but added that eventuality is probable.
April 17, 2009 - In remarks to reporters during a morning teleconference, GM CEO Fritz Henderson said no decision has been made regarding bankruptcy proceedings for the company, but added that eventuality is probable.
Pontiac and GMC May Fall to Cost Cutting Ax
April 16, 2009 - As General Motors struggles to cut costs ahead of a June 1 federal deadline or face potential bankruptcy proceedings, the fate of its Pontiac and GMC brands is being called into question.
April 16, 2009 - As General Motors struggles to cut costs ahead of a June 1 federal deadline or face potential bankruptcy proceedings, the fate of its Pontiac and GMC brands is being called into question.
Fiat, Chrysler Partnership Talks Endangered by Labor Issues
April 15, 2009 - Due to faltering negotiations with unions and high labor costs, the proposed partnership between Fiat and Chrysler LLC may fail, leading to a bankruptcy for the troubled American automaker.
April 15, 2009 - Due to faltering negotiations with unions and high labor costs, the proposed partnership between Fiat and Chrysler LLC may fail, leading to a bankruptcy for the troubled American automaker.
Mini Cars Perform Poorly in Front Crash Testings
April 14, 2009 - Testing on minicars from Toyota, Honda, and Daimler AG found significant risks to the drivers in front impact tests at collisions of 40 mph, prompting more debate about the safety of the tiny vehicles.
April 14, 2009 - Testing on minicars from Toyota, Honda, and Daimler AG found significant risks to the drivers in front impact tests at collisions of 40 mph, prompting more debate about the safety of the tiny vehicles.
GM Bondholders Protesting Potential Bankruptcy
April 13, 2009 - General Motors bondholders are reportedly preparing legal objections to a potential bankruptcy that would split the company into "good" and "bad" halves.
April 13, 2009 - General Motors bondholders are reportedly preparing legal objections to a potential bankruptcy that would split the company into "good" and "bad" halves.
Government to Make Largest Fleet Purchase in History
April 10, 2009 - In the largest fleet purchase in history, the federal government will purchase 17,600 fuel efficient vehicles from the Detroit Big Three to both support the auto industry and to cut government gasoline usage.
April 10, 2009 - In the largest fleet purchase in history, the federal government will purchase 17,600 fuel efficient vehicles from the Detroit Big Three to both support the auto industry and to cut government gasoline usage.
Three Bidders Vie for Hummer
April 09, 2009 - Unnamed sources say that three bidders, one American and two European, are bidding from $100 million to $200 million in cash to acquire the Hummer brand from General Motors.
April 09, 2009 - Unnamed sources say that three bidders, one American and two European, are bidding from $100 million to $200 million in cash to acquire the Hummer brand from General Motors.
Treasury Announces Aid to Suppliers
April 08, 2009 - Some $3.5 billion in aid will now be available to parts suppliers for both Chrysler and General Motors to prevent a cash crisis in the parts industry resulting from 50% production cuts by automakers.
April 08, 2009 - Some $3.5 billion in aid will now be available to parts suppliers for both Chrysler and General Motors to prevent a cash crisis in the parts industry resulting from 50% production cuts by automakers.
GM, Segway Partner to Build PUMA
April 07, 2009 - General Motors and Segway have announced a partnership arrangement to build a two-wheeled urban transport vehicle dubbed the PUMA and touted as an answer to congested city driving conditions.
April 07, 2009 - General Motors and Segway have announced a partnership arrangement to build a two-wheeled urban transport vehicle dubbed the PUMA and touted as an answer to congested city driving conditions.
Ford Brings Debt Down by $9.9 Billion
April 06, 2009 - In a successful move to restructure its finances, Ford has announced a debt reduction of $9.9 billion, strengthening its position and viability in the middle of the current industry crisis.
April 06, 2009 - In a successful move to restructure its finances, Ford has announced a debt reduction of $9.9 billion, strengthening its position and viability in the middle of the current industry crisis.
Splitting up GM into Good and Bad
April 03, 2009 - GM board chairman Kent Kresa says the idea of splitting the company into "good" and "bad" halves has merits, but he believes a viable restructuring without a bankruptcy is still possible.
April 03, 2009 - GM board chairman Kent Kresa says the idea of splitting the company into "good" and "bad" halves has merits, but he believes a viable restructuring without a bankruptcy is still possible.
GM Seeks Federal Loans for Volt Spin-Offs
April 02, 2009 - In its third request for loan funds from an Energy Department program, General Motors has signaled its intention to move forward with variations of its all-electric Chevrolet Volt.
April 02, 2009 - In its third request for loan funds from an Energy Department program, General Motors has signaled its intention to move forward with variations of its all-electric Chevrolet Volt.
GM Seems Headed for Controlled Bankruptcy Under Government Direction
April 01, 2009 - In an unprecedented move, sources close to the discussions say the government will leverage GM's creditors to arrange a split of the company through controlled bankruptcy proceedings.
April 01, 2009 - In an unprecedented move, sources close to the discussions say the government will leverage GM's creditors to arrange a split of the company through controlled bankruptcy proceedings.
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