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AutomotiveDigest.com - Automotive Industry News
Asian Automakers Concerned
Source: Posted: 01-07-2009 at 03:00:01
Concerned over supplier disruptions, Toyota and Honda may modify their "just in time" manufacturing. The fear is based on problems with Detroit automakers that may impact common suppliers. Possible moves include adding more suppliers and increasing inventory.
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GMAC Ready to Loosen Loan Policies
Source: Posted: 01-07-2009 at 03:00:01
Following a $6 billion shot from the Treasury Dept., GMAC Financial says it will loosen loan policies. New criteria includes retail financing for customers with a credit score of 621 or above, which is more lenient than the previous mark of 700. GMAC will also have access to the $700B bailout package after converting to a bank holding company.
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Will Chrysler Financial be Cornerstone of a New Bank?
Source: Posted: 01-07-2009 at 03:00:01
Chrysler Financial's income stream will last for years, even if Chrysler makes no more cars. Chrysler majority owner Cerberus could create a new auto finance company with Chrysler Financial as a platform. Cerberus is keeping the option open to split Chrysler from Chrysler Financial. Industry expert John Casesa says it's easier to downsize a finance company than an automaker, and says a more independent car finance company could still be profitable.
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BusinessWeek Online -- Auto Design
Bottoms Up! It's Champagne Chair Time
Source: Posted: 01-06-2009 at 09:00:03
Danish Supercar
Source: Posted: 01-06-2009 at 09:00:03
Driving the Ford Flex
Source: Posted: 01-06-2009 at 09:00:03
Ford Fusion Hybrid Due in 2009
Source: Posted: 01-06-2009 at 09:00:03
Harrah's New Twist on Prediction Markets
Source: Posted: 01-06-2009 at 09:00:03
Majora Carter: Greener Neighborhoods, Sustainable Jobs
Source: Posted: 01-06-2009 at 09:00:03
Why Online Ads Are Weathering the Recession
Source: Posted: 01-06-2009 at 09:00:03
Forbes.com Vehicle News
America's Foreign Automaker Capitals
Source: Posted: 01-06-2009 at 09:00:03
Forget the Big Three and Detroit. Foreign automakers have transformed several Southern towns--with more to come.
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Automakers - Topix.net
Billions in aid for auto industry will `keep lights on' for now: McGuinty
Source: Posted: 01-06-2009 at 06:00:13
Billions of taxpayer dollars aimed at bailing out struggling automakers will likely be used to "keep the lights on" rather than directly transform the companies into more innovative businesses, Ontario Premier ...
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GM says China '08 sales up 6 pct but growth slows
Source: Posted: 01-06-2009 at 12:00:14
General Motors Corp. said Tuesday its 2008 sales in China rose 6 percent to 1.09 million vehicles, but the growth rate slowed as consumers held back amid the economic downturn. GM is looking to China's booming auto market to drive global sales growth as North American demand slumps. In 2007, the Detroit-based automaker's sales rose 19 percent, including joint ventures. 'A series of natural disasters and an increase in fuel prices earlier in the year exacerbated the impact of the global economic downturn in China,' Kevin Wale, president of GM China, said in a statement.
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GM Delivers New Presidential Limo for Obama
Source: Posted: 01-06-2009 at 03:00:19
President-elect Barack Obama's new ride has arrived. The Detroit News reports Tuesday that a new model of a presidential limousine made by General Motors Corp.
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Honda to delay production in Argentina
Source: Posted: 01-07-2009 at 03:00:17
Honda to delay production in Argentina Comments TOKYO - Honda Motor Co. said Wednesday it will delay the start of production at its first plant in Argentina for more than six months in the automaker's latest ...
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Hyundai: Can't Make Car Payments? Just Return It
Source: Posted: 01-06-2009 at 06:00:09
Can't make the payments on that new car you just bought? No problem -- just return it free of charge.
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Robert Bosch Corp. to lay off workers at company's plant in North Charleston
Source: Posted: 01-07-2009 at 12:01:03
Robert Bosch Corp. will trim about 10% of its 2,100-member work force in North Charleston, the company said Monday.
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