Truemors
is reporting from
Member
NP Rank:
NP Rank:
Canada: Steep Sales Drop in 2008 for Detroit Three
Toronto - For the first time in history, less than half the vehicles sold in Canada in 2008 were produced by the Detroit Three automakers. " Foreign automakers sold 51.2 per cent of vehicles in Canada last year, the first time that the market share of the Detroit Three...
Chrysler gets $4bn emergency loan
With a loan that size, it will be interesting to see how Chrysler pulls out of the situation it has found itself in due to the economy. This is the second time this has happened for Chrysler.... " The huge... How Canadians could buy out rather than bail out U.S. automakers
The book entitled The Proposed Canadian Automobile Transport and Arctic Climatic Protection Act: Toward an environmentally-sensitized and truly made-in-Canada car inspired by the Avro Arrow, was written with the recognition that Climate Change associated with Global... Bush Announces Auto Bailout Plan
Bush Announces Auto Bailout Plan
America's largest automakers will make it through the holidays and into March of next year under a plan announced this morning by President Bush. General Motors and Chrysler, which have each cast doubt on their ability to survive 2008... President Bush says GM, Chrysler to get $17B Loan from Government
Ford decided that they don't need a loan at this time.GM and Chrysler will take the money. This will not solve theirproblems but it will give them three monthsto begin making needed changes. "President Bush... Chrysler Suspends Production
Chrysler will be closing all of its plants on Friday due to its ongoing financial woes. The Automaker's announcement states that the closure will last for at least a month, with the factories that make certain... Chrysler to Shut Factories for a Month
Us auto makers need to change the whole industry. If they don't make major changessoon the entire industry will be closed andall cars will be imported. A bailout will not work f they... Let the Auto Industry Go Bankrupt
Mitt Romney Makes a good argument why American Taxpayers should not Bail out the Auto industry. Bankruptcy would make the Auto industry restructure through the Court System allowing them to negotiate it's... Us Car Bail-Out Fails in Senate
Even after getting nod from house of representative, The $14 billion bailout plan for the US auto industry has been rejected in the Senate Thursday night giving a big jolt to hopes of the struggling big... Big 3 bailout: Ripple effect of inaction could cripple the US economy
The Big 3 automakers are asking Washington for bailout money and this has caused a tizzy of controversy, but the bottom line is that the ripple effect of government inaction could cripple the US economy and be felt... 2120 views | 20 recommendations | 10 comments
Auto Bailout Close To Being a Done Deal
US politicians met Tuesday night to work out the details of a proposed $15 billion bailout of the big three automakers.Congressional Democrats have proposed giving enough cash to General Motors and Chrysler to get... Harry Reid says Congress Will Vote on $15B Auto Bailout, Despite Republican ...
Senate Majority Leader, Harry Reid says there will be a vote on the Auto Bailout dispite Congressional Republican Opposition. The vote will be today or Wendsday."Congress and the White House are working toward... What the Automotive CEO'S Should Have Said
Shouldn't those auto/government hearings have been reversed?Did it occur to anyone else that those oh-so-painful auto CEO/government hearings should have been the other way around?Instead of the heads of America's...Bush Admits That The Big Three May Not Survive
Current United States President George W. Bush had weighed in on the fate of the "Big Three" that encompasses General Motors, Ford, and Chrysler. Bush said that the Big Three may not survive to see next... Ford Motor Company Statement on Proposed Congressional Automotive Industry Bill
I offer the following straight off the Ford PR presses."DEARBORN, Mich., Dec. 8 – As we told Congress, Ford is in a different position. We do not face a near-term liquidity issue, and we will not be seeking a short term bridge loan. But Ford fully supports an effort to...
Recent Comments
Top Members Today
Top Rookies
Top Veterans
676
pointsCypresso
Houston, Texas, United States
338
pointsPAIR A NORMAL GUYS INC
TORONTO, Ontario, Canada
141
pointsFripouille
Lyon, France
