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A collection of news and information related to General Motors Corp. published by Tribune Company sources.
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Ford considers selling Swedish car unit Volvo as it seeks to raise cash amid industry slump
AP Auto WritersDETROIT (AP) _ Ford Motor Co. is considering selling Volvo Car Corp. as the U.S. automaker seeks to raise cash and survive tight credit markets and a global automotive sales crisis. Goteborg, Sweden-based Volvo Cars, which Ford bought in 1999, has been...Tags: Mercury, Emerging Market, Automotive Equipment, Ford, Vehicles
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Holiday bargains under $10 a share on Wall Street
Stuff stockings with bargain stocks If you're looking for stocking stuffers under $10, you might not find many at the mall. But there are scores to be had on Wall Street. Nearly 100 of the stocks in the S&P 500 -- the index composed of America's...Tags: Starbucks Corporation, Hofstra University, Automotive Equipment, Time Warner Inc., Office Depot Inc.
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Car sales in Spain plunge 50 percent in November from last year, second worst drop on record
MADRID, Spain (AP) _ Spain's car manufacturers on Monday reported a 50 percent drop in sales in November compared to the same period a year ago, the second worst annual drop on record and the latest sign of the country's sharply weakening economy....Tags: Automotive Equipment, Ford, Vehicles, Passenger Cars, Sales
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Ford weighs selling Volvo amid industry downturn
Associated PressDEARBORN, Mich. -- Ford Motor Co. says it is considering selling Volvo Car Corp. as the struggling U.S. automaker seeks to raise cash and weather the industry crisis. Ford said today it expects its strategic review of the Swedish luxury automaker will...Tags: Automotive Equipment, Sales, Ford Motor Co.
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EU governments start debating euro200 billion in tax breaks, public spending to stoke growth
Associated Press WriterBRUSSELS, Belgium (AP) _ European Union finance ministers on Monday took a first look at a proposed euro200 billion ($252 billion) economic stimulus package to counteract a deepening economic slowdown — a plan the 27 EU leaders are asked to formally...Tags: Banking, Automotive Equipment, Economic Indicator, Economy, Chrysler LLC
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Swedish government in talks with US automakers about Saab and Volvo
Associated Press WriterSTOCKHOLM, Sweden (AP) _ The Swedish government confirmed Monday it is in talks with General Motors Corp. and Ford Motor Co. after a report that the U.S. automakers are seeking support for their struggling Swedish brands Saab and Volvo Cars. "We are...Tags: Michigan, Automotive Equipment, Ford, Vehicles, Chrysler
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UAW adds its voice to bailout pleas for automakers
WASHINGTON - The head of the United Auto Workers made a public plea yesterday for government help for U.S. carmakers as the Big Three put the final touches on stabilization plans to submit to Congress. "We cannot afford to see these companies fail,"...Tags: Automotive Equipment, Government, National Government, Government Aid
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On both sides of an Indiana highway, GM, Chrysler dealers face industry's troubles together
AP Business WriterAVON, Ind. (AP) _ No customer voices competed with the harmony of "Silly Love Songs" flowing from the showroom speakers at Danville Chrysler Dodge Jeep. A competitor's blue-cross emblem beckoned through the windows from the dealership across the street....Tags: Ford, Consumer Confidence, Fuel-efficient Vehicles, Danville (Danville, Virginia), Prius
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For this family, good things sprang from GM
I married into a General Motors family, and when I did, I took a special kind of vow: "What is good for General Motors is good for my family." As I watch Congress consider whether to lend the struggling automaker and its cohorts a hand or let them fail,...Tags: Automotive Equipment, Wages and Pensions, Vehicles, World War II, Foods and Beverages
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Government coffers feel drop in auto sales
When Heritage Lincoln Mercury closed in August, the city of Tustin felt the pain.
For decades, the dealership had operated out of the Tustin Auto Center -- which has 17 other franchises -- and it was once among the largest Lincoln Mercury dealers in...Tags: Ford, Arnold Schwarzenegger, Toyota Motor Corp., Irvine, Local Authority
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Autoworker chief pleads for government aid as Detroit's Big 3 prepare plans for Congress
Associated Press WriterWASHINGTON (AP) _ The head of the United Auto Workers made a public plea Sunday for government help for U.S. carmakers as the Big Three put the final touches on stabilization plans to submit to Congress. "We cannot afford to see these companies fail,"...Tags: Automotive Equipment, Nancy Pelosi, Vehicles, Harry Reid, Chrysler LLC
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Spain's car sales halved in Nov. from year ago
Spain's car manufacturers are reporting a 50 percent drop in sales in November compared with the same period a year ago. It's the second worst annual drop on record and the latest sign of the country's sharply weakening economy. Automobile trade...Tags: Automotive Equipment, Ford, Vehicles, Passenger Cars, Sales
Dec 1, 2008
|Story| Associated Press
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Nov 30, 2008
|Story| Associated Press
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|Column| Baltimore Sun
Dec 1, 2008
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Nov 30, 2008
|Story| Associated Press
Dec 1, 2008
|Story| Associated Press
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