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Monday, 4 May 2009

Auto slump claims new victim

Auto slump claims new victim
Buffalo News - NY, United States
... component maker that was once found on the Fortune 500 list, has filed for federal bankruptcy protection, a victim of the swooning US auto industry. ...
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ABC News
Plastic Cups Could Boost Auto Performance
ABC News - USA
By PHIL MCKENNA The energy crisis has given rise to a new source of fuel – the Styrofoam cup. Mechanical engineers at Iowa State University in Ames have ...
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Local auto dealers trying to stay positive amid change
Ashland Times Gazette - Ashland,OH,USA
Scott Harris of Bill Harris Auto Center, a Chrysler and GM dealership, said his companies' policies of operating with core values and maintaining quality ...
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Expansion of SBA program could aid auto, RV industries
Indianapolis Star - United States
"Certainly one of the things that the auto dealers really are facing is the inability to access working capital," Deese said Friday when the changes were ...
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Banks see 'great opportunity' in auto-lending
Canada.com - Don Mills,Ontario,Canada
By Barbara Shecter, Financial PostMay 1, 2009 The auto sector crisis has not been bad for everyone. It has proven lucrative for some of Canada's biggest ...
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Chrysler Has First Day in Court
Wall Street Journal - USA
The auto maker asked Judge Arthur Gonzalez of the US Bankruptcy Court in Manhattan for permission to pay employees and continue customer-warranty programs, ...
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Detroit's CEO in Chief
Washington Post - United States
By Eva Rodriguez "I don't want to run auto companies," President Obama said last week. "I'm not an auto engineer. I don't know how to create an affordable, ...
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CTV.ca
Canadian auto sales results mixed in April
CTV.ca - Canada
TORONTO — Automakers experienced mixed Canadian sales for April, with declines of between 10 and 37 per cent for the major players -- and year-over-year ...
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Chrysler seen as shot over bow for GM creditors
Reuters - USA
The plan's terms, dictated by Obama's autos taskforce, would give the United Auto Workers union a much larger 40 percent stake for swapping half of their ...
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US allows more firms to seek small business loans
Reuters - USA
The move will provide particular relief to auto and recreational vehicle dealers and suppliers, which were often too big to qualify for such loans, ...
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