DEARBORN, Mich., Oct 30 - U.S. automakers need "quick loans" from the federal government beyond the $25 billion loan package already approved in order to prevent one of them from failing because of the tight...
WASHINGTON, Oct 15 - U.S. automakers and their allies in Congress plan to press for urgent help for the industry if lawmakers consider an economic stimulus package next month, officials said on Wednesday. Sen. Debbie...
Automakers warn hybrids not certified for commercial use
PARIS (AFP)--Government loans awarded to three major U.S. automakers are justified as they need them to meet new environmental regulations, Ford Motor Co. (F) Chief Executive Alan Mulally said Thursday. "This is not about a...
PARIS (AFP)--Government loans awarded to three major U.S. automakers are justified as they need them to meet new environmental regulations, Ford Motor Co. (F) Chief Executive Alan Mulally said Thursday. "This is not about a...
CHICAGO, Sept 23 - Presidential politics in the hard hit economies of the U.S. Midwest are becoming crucial for automakers to win $25 billion in government loans as the Wall Street financial crisis swamps Congress....
DETROIT, Sept 17 - Here in the Motor City, both automakers and their unions are singing the blues, and they are largely carrying the...
WASHINGTON, Sept 15 - Distressed U.S.-based automakers are crossing their fingers the government will extend $25 billion in loans to help them produce more fuel efficient vehicles, while major foreign rivals have expressed little interest...
SAIC Motor Corp, China's biggest car maker, expects to sell about 90,000 of its own-brand vehicles this year, nearly double the original target, said Chen Hong, president of SAIC during the Guangzhou Autoshow. Chen said the company has forecasted sales of 2.65 million vehicles in total this year,...
By Chen Xiaomin Guangqi Honda Automobile begins a recall of 9,464 Accord sedans today, the seventh automobile recall in the country this month. Guangqi Honda said on its website Monday that the recall was due to defective front passenger-side air bags. A total of 8,752 '09 Accord sedans produced ...