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Friday 24 April 2009

MORNING AUTO REPORT US dealers to meet autos task force today

MORNING AUTO REPORT US dealers to meet autos task force today
Detroit Free Press - United States
Follow the Morning Auto Report on Twitter. In a meeting today with President Barack Obama's auto task force, members of the National Automobile Dealers ...
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Auto Loan Delinquencies Drop In March; ABS Losses Surge
Wall Street Journal - USA
Auto loan delinquencies fell in March, especially among subprime borrowers, but first-quarter net losses on prime auto loan asset-backed securities jumped ...
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AutoNation 1Q profit falls 32 pct on weak sales
The Associated Press
AutoNation attributed the lower results to the difficult auto market. Auto sales across the industry have been at their lowest level in decades as the weak ...
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Retired auto workers to take to Queen's Park to safeguard pensions
The Canadian Press - TORONTO
TORONTO — Thousands of retired auto workers will descend on Queen's Park today to demand pension protection for seniors. Canadian Auto Workers president Ken ...
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GM Likely to Skip $1 Billion Debt Payment
New York Times - United States
GM is continuing to have discussions with the Obama auto task force and its various creditors. The National Auto Dealers Association, an industry group, ...
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Fast facts on the federal government's auto programs
Detroit Free Press - United States
What is it? On March 30, the Obama administration announced the creation of a warranty commitment program that ensures that the federal government will back ...
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Canada prepared to offer auto giants $6-billion in financing
Globe and Mail - Canada
According to people familiar with the matter, federal and provincial officials are in the final stages of discussions with the US Treasury and senior auto ...
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GM says likely to miss debt payment deadline
Reuters - USA
GM has been given until June 1 to win sweeping concessions from creditors, including bondholders and the United Auto Workers union, under the terms of its ...
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PREVIEW:Fiat Faces Nervous Week Ahead Of Chrysler Deadline
CNNMoney.com - USA
The Italian group is already bailing out its CNH Global NV (CNH) farm equipment business, while the Iveco trucks and core Fiat Auto units are wading through ...
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Auto Engineers See Slow Road to Green Car Future
Hybrid Cars News - USA
Schwarzenegger said, "We need to put policy in place that will not change, so the [auto] manufacturers can know the future direction. ...
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