Candidates vow to aid ailing auto industry

Oct
31

Republican presidential hopeful Sen. John McCain, left, talks to Chrysler CEO Bob Nardelli at the Detroit auto show early this year.The next president is likely to face decisions that run to the domestic auto industry' very core: their survival. Both candidates have vowed to help.


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GM-Chrysler deal hits an impasse

Oct
31

Oct. 31: A deal to merge General Motors and Chrysler LLC has hit an impasse. CNBC’s Phil LeBeau reports.  (CNBC)A deal to merge General Motors Corp and Chrysler LLC has hit an impasse after the Bush administration ruled out funding for it, three people with direct knowledge of the talks said.


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Ford bets on new pickup, rehires workers

Oct
31
At a time when many automakers are cutting workers, Ford reportedly plans to bring back 1,000 employees to a truck plant in Dearborn, Mich.
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Toyota Recalls 83000 Cars -Faulty Transmissions

Oct
31

Chinese Toyota now reports it will recall 83 thousand vehicles due to faulty transmissions. Chi Coms are threatening to boycott the Oriental maker. Toyoda continues to build vehicles with faulty transmissions.

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Purchasers of plug-in cars will get tax credits

Oct
31
Plug-in electric vehicles from General Motors and Toyota are not expected to hit showrooms for more than a year, but when they arrive, the first buyers will be eligible for a tax credit that could reach $7,500.
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Governors write in support of GM, Chrysler

Oct
30

Oct. 30: They warn current state of the auto industry could soon turn into an 'unmanageable disaster'. CNBC's Phil LeBeau reports. (CNBC)The governors of six states have asked the treasury secretary and Federal Reserve chairman to take "immediate action" to help the troubled domestic automakers.


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Why GM and Chrysler need Uncle Sam’s help

Oct
30

A combined GM-Chrysler would control roughly a third of the U.S. auto market.Taxpayers are already being asked to bail out Detroit. Do they also have to play investment banker for a GM-Chrysler merger — as well as help out a private equity giant?


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Chysler Plant Closes

Oct
30

The final minivan rolled off the assembly line at Chryslera s plant in Fenton. That is two days earlier than scheduled.

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2010 Audi S4

Oct
30

Deciding between a 300-hp BMW 335i and a 414-hp M3 ? Well-equipped, the former costs around $50,000 while the latter runs near $70,000. Fortunately, Audi has just the solution.

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Honda Fit’s concentrated strength still a hit

Oct
30

Honda’s all-new Fit is still compact without being cramped, efficient without being slow and affordable without being cheap. Honda’s new Fit builds on the original car’s success as a small car that makes no apologies or excuses. MotorHead, by Dan Carney.


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