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Thursday 14 May 2009

Auto industry paces jobless claims surge

Auto industry paces jobless claims surge
CNNMoney.com - USA
NEW YORK (CNNMoney.com) -- Auto industry job losses led to a surge in the number of people filing initial claims for unemployment benefits last week, ...
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Auto parts supplier Lear posts quarterly loss
Reuters - USA
DETROIT, May 14 (Reuters) - Auto parts supplier Lear Corp (LEA.N) reported a quarterly loss on Thursday due to sharply lower vehicle production in North ...
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Rep. Waxman's bill would give auto industry free emissions ...
New York Times - United States
Three percent is less than the 5 percent of allowances the auto industry had originally called for, but the deal was nonetheless applauded by the Alliance ...
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VW, Kia rev up in the South while Detroit idles
The Associated Press
Optimism surrounding both projects seems a world away from Detroit, where GM and Chrysler are struggling to survive and tens of thousands of auto workers ...
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Lear Swings To 1Q Loss; Sees More Restructuring Moves
Wall Street Journal - USA
(LEA) swung to a first-quarter loss as sales slumped amid ongoing production cutbacks by auto makers. The maker of seats and automotive electronics also ...
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Los Angeles Times
City brace for shutdown of auto dealerships
Los Angeles Times - CA,USA
This is one of several closed auto dealerships in San Bernardino. City officials are struggling to figure out what to do with the empty car lots. ...
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Small Auto Suppliers Seek Help in Wake of Giants' Woes
Washington Post - United States
By Kendra Marr Small auto parts companies are appealing for additional federal aid, arguing that Chrysler and General Motors' financial troubles continue to ...
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Road Hazards Ahead
Washington Post - United States
The United Auto Workers, on the other hand, is being offered a 35 percent equity stake in exchange for its claim of roughly $10 billion -- a claim that ...
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GM to Start Importing Chinese-Built Cars to US
Wall Street Journal - USA
By JOSH MITCHELL General Motors Corp. plans to start importing Chinese-built vehicles into the US in 2011, according to an outline the auto maker submitted ...
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Reuters
Eminem's new Hollywood posse: Detroit auto workers
Reuters - USA
"The auto workers, many of whom live and work in the Detroit area and are affected by the auto industry crisis, will come to Los Angeles to enjoy a rare ...
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