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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: auto industry

auto industry stories: 497 news summaries

441 - 460 of 497 Stories | << Prev 1 ... 19 20 21 22 23 24 25 Next >>

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Calif. Clears Hurdle on Emissions Law

In blow to automakers, judge rules state can set standards on greenhouse gases

Dec 12, 07 3:46 PM CST
(Newser) - California is one step closer to being able to regulate greenhouse gas emissions from vehicles after a federal judge today rejected the auto industry’s challenge to a state law, the Los Angeles Times reports. The state still needs a waiver from the Environmental Protection Agency to implement its standards,... More »

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California • greenhouse gases • Environmental Protection Agency • fuel economy • auto industry

Auto-Loan Delinquencies Rise as Stress Spreads

Lenders are tightening credit, raising rates as delinquencies rise

Dec 6, 07 6:36 AM CST
(Newser) - Consumer auto loans are beginning to show the strain of the subprime collapse, with delinquencies among top-rated borrowers from 2006 rising 55%, to 4.5%, in September. That's the largest month-to-month increase in delinquencies in nearly a decade, the Wall Street Journal reports. Delinquencies among less credit-worthy consumers rose to... More »

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credit • auto industry • auto loans • borrowers

Chrysler CEO Predicts
$1.6B Loss This Year

Automaker faces second straight year in the red

Dec 5, 07 10:01 PM CST
(Newser) - Chrysler will be screeching toward a second consecutive year in the red, sources told the Wall Street Journal, as the automaker will lose $1.6 billion. CEO Robert Nardelli told designers and engineers this week that while the beleaguered automaker’s revenue was about $63 billion, costs exceeded $64 billion.... More »

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Chrysler • Cerberus Capital Management • General Motors • fuel efficiency • Ford • Robert Nardelli • auto industry

30K Americans Ordered... This?

Daimler's new fuel-savvy car in high demand before 2008 release

Dec 4, 07 6:30 PM CST
(Newser) - American orders for a new fuel-smart car are already swamping its German manufacturer, the AFP reports. Some 30,000 Americans have already put down $99 on Daimler's Smart Fortwo in anticipation of its January arrival—but some analysts say the tiny two-seater will end up parked in a country that... More »

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gas • Daimler • automaker • SUV • auto industry • Smart Car

Nov. Sales Languish for Big 3

Ford and GM announce production cuts as US sales slump continues

Dec 4, 07 8:35 AM CST
(Newser) - Ford and GM will join Chrysler in cutting production in early 2008, reports the Wall Street Journal today, following sluggish November sales and anticipated weak demand driven by continued economic fallout. Only Ford saw a modest 0.6% improvement in US sales last month, while GM sales were down 11%... More »

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Chrysler • Toyota • General Motors • Honda • automaker • Ford • auto industry • auto sales

Congress Set to Require 35mpg on US Autos

Lawmakers agree to measure upping mileage 40% by 2020

Dec 1, 07 8:35 AM CST
(Newser) - Lawmakers have hammered out a deal to force US automakers to improve fuel efficiency, the New York Times reports. The measure requires cars and SUVs to get 35mpg on average by 2020, an improvement of 40%. It is expected to pass Congress and be signed into law as part of... More »

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Nancy Pelosi • Congress • fuel efficiency • auto industry • energy bill

VW Opens Russian Factory

Auto maker may find stiff competition already there

Nov 29, 07 5:51 PM CST
(Newser) - Volkswagen is attempting to break in to the Russian auto market by opening a major factory in the town of Kaluga, 100 miles southwest of Moscow. They are not alone: Der Speigel reports that Volvo and Renault already produce cars there, and GM, Ford and BMW have all grabbed substantial... More »

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Russia • Germany • Volkswagen • auto industry

Toyota Unveils Driving Simulator

Huge dome rocks and rolls on rails

Nov 26, 07 1:34 PM CST
(Newser) - Toyota today unveiled its new driving simulator, a 7-meter-across dome with 360-degree imaging that mimics the experience of real driving by rocking on a rail. Toyota will use the simulator to test safety features without endangering drivers, see how tiredness and intoxication affect driving, and develop safety features for specific... More »

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Toyota • driving • auto industry • car safety • safety testing • cars

Motor City Going for Green

Automakers blame environmental concerns for falling sales

Nov 24, 07 3:02 PM CST
(Newser) - Auto industry bigwigs at the Reuters Auto Summit in Detroit this week seem finally to have gotten the message on cleaner, more fuel-efficient vehicles; one after another they cited going green (or at least greener) as the path to more competitive cars and trucks. GM honcho Robert Lutz admitted that... More »

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environment • General Motors • Detroit • Toyota Prius • electric cars • auto industry • hybrid car • Chevrolet Volt

Cadillac CTS Wins Car of Year

Nov 20, 07 7:57 AM CST
(Newser) - Cadillac's CTS won Motor Trend’s 2008 car of the year honors today, reports the AP. Editors said the $32,990 entry-level luxury sedan stood up to BMW and Mercedes, and proves Detroit can build a competitive sedan—despite years of focusing on SUVs and trucks. "The CTS obliterates... More »

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General Motors • Detroit • automaker • auto • auto industry • Cadillac • Cadillac CTS • cars

(Newser) - Automakers are predicting a mildly soft sales year for 2008, but analysts warn a “poverty effect” caused by an imploding housing market could send US light auto sales skidding as much as 9.4% to their worst year since 1993, Reuters reports. “I’m just not sure how... More »

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Chrysler • General Motors • Detroit • automaker • Ford • auto industry • Big Three

Chrysler Plan Cuts Dealers, Overlapping Models

To return to profitability, car maker may restructure its vehicle and dealer lineup

Nov 17, 07 2:09 PM CST
(Newser) - Clued-in dealers say Chrysler is considering a restructuring plan to simplify its lineup: Chrysler dealers would sell all the company’s passenger cars, Jeep dealers would carry only Jeeps and SUVs, and Dodge dealers would handle commercial trucks and pickups. The reorganization would allow Chrysler to eliminate overlapping models and... More »

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Chrysler • Cerberus Capital Management • automaker • Dodge • auto industry • car dealers • cars

Hybrids Lag in Resale Value

Not one cracks the top 10; Volkswagen rules the roost

Nov 14, 07 5:10 PM CST
(Newser) - No hybrids cracked the top 10 in a new report on the projected resale value of vehicles, the LA Times reports. The Kelley Blue Book predictions have 3 models from Volkswagen and 2 from Honda, but none of the gas-saving newbies. Brand-new hybrids remain strong sellers, one analyst says, but... More »

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resales • auto industry • hybrid car • cars

Hybrid Trucks Get Stuck
in Neutral

Technology remains too expensive, leading to low demand, higher prices

Nov 12, 07 4:50 PM CST
(Newser) - Hybrid truck sales are sputtering because the technology is too expensive, and companies ordering vehicle fleets won’t pay extra for environmental benefits alone. But without bulk orders, economies of scale aren’t kicking in. One truck company president says government tax breaks or subsidies are needed to boost hybrid... More »

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environment • auto industry • trucks • hybrid car • FedEx • Renault

Big Industries Joust Over Energy Prices

Companies strive to suit their own ends
in tug-of-war over green policies

Nov 8, 07 2:18 PM CST
(Newser) - US industries are at each other’s throats over energy policy as each sector tries to protect its own interests. A prime example came last year, when Dow Chemical's push for tougher automobile fuel-economy standards—which would help keep a lid on Dow's oil expenditures—ran afoul of automakers, who... More »

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climate change • ethanol • vehicle emissions • biodiesel • oil price • auto industry • crude oil • Dow Chemical Co.

GM’s Wagoner Weathering
the Storm

Despite $39B loss, he's earned respect, making progress

Nov 8, 07 9:31 AM CST
(Newser) - CEO heads are rolling on Wall Street as third quarter red ink stains their reps and boards act to soothe shareholder worries with new management, cost cutting, and reorganization. But it's business as usual in Detroit, where GM CEO Rick Wagoner just announced a staggering $39 billion loss, reports Business ... More »

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United Auto Workers • General Motors • Detroit • auto industry • Rick Wagoner

$39B Charge Puts Brakes on GM's Earnings

Automaker could
post biggest loss ever, nearly $70 per share

Nov 7, 07 7:23 AM CST
(Newser) - In what’s likely to be the largest net loss in its history, GM today will announce earnings that include a $39 billion tax charge costing it nearly $70 per share. The charge rear-ends the automaker after a quarter that saw strong US sales and a positive labor pact with... More »

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General Motors • corporate earnings • auto industry

More UAW Locals Nix Chrysler Deal

Four Indiana plants join six others in voting down proposed contract

Oct 24, 07 8:10 AM CDT
(Newser) - UAW workers at four Chrysler plants in Indiana last night rejected the embattled contract negotiated by their leaders with the automaker, adding to the six defeats by rank-and-file voters over the weekend. Some smaller locals have approved the contract, says anti-contract organizer Bill Parker, but the larger ones are rejecting... More »

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Chrysler • United Auto Workers • General Motors • Detroit • Ford • auto industry

Court Overturns Volkswagen Law, Takeover Likely

Porsche to exercise control in VW

Oct 23, 07 8:31 AM CDT
(Newser) - The EU’s highest court today overturned a 47-year-old German law that protected Volkswagen AG from takeover, opening the door for a long-rumored Porsche coup. Porsche already owns 31% of VW, but the law capped their voting rights at 20%. With that impediment gone, “I see Porsche flexing its... More »

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Germany • European Union • mergers and acquisitions • automaker • European markets • Volkswagen • auto industry • European Court • Porsche

Chrysler Deal Faces More Rejections

After 6 locals vote down proposed contract, UAW steps up lobbying

Oct 21, 07 11:02 PM CDT
(Newser) - UAW members at three auto plants rejected the proposed pact between Chrysler and their union this weekend, bringing to six the number of locals who have voted down the deal, the Wall Street Journal reports.  In a last-ditch effort to salvage the agreement, union leaders are focusing lobbying... More »

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Chrysler • United Auto Workers • General Motors • Detroit • Ford • auto industry

441 - 460 of 497 Stories | << Prev 1 ... 19 20 21 22 23 24 25 Next >>


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