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February 2009 Archives
12:19 PM Thu, Feb 26, 2009 | Permalink |
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By Peter C. T. Elsworth  Email
Journal photographer Steve Szydlowski and I traveled up to Stow, Mass., the other day to visit the auto collection at the Collings Foundation. The trust......
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12:19 PM Thu, Feb 26, 2009 | Permalink |
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By Peter C. T. Elsworth Email
The jury is out on whether it was late Illinois Sen. Everett Dirksen who said, "A billion here, a billion there, pretty soon, you're talking......
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9:55 AM Thu, Feb 26, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Rick Wagoner, chief executive of General Motors, is scheduled to meet on Thursday with members of the auto industry task force created by President......
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10:17 AM Mon, Feb 23, 2009 | Permalink |
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By Peter C. T. Elsworth Email
IN a couple of months, when the last of the mountain snow melts away, Steve Heller, an industrial sculptor, furniture maker and winner of......
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10:11 AM Mon, Feb 23, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Finally we seem to be waking up to the odd entity that is Chrysler. Yes, it is a car comp-any but it is owned by......
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10:11 AM Mon, Feb 23, 2009 | Permalink |
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By Peter C. T. Elsworth Email
European governments are giving price discounts directly to buyers of new cars, hoping to stimulate sales for troubled automakers, fuel national economies and replace older,......
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10:07 AM Mon, Feb 23, 2009 | Permalink |
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By Peter C. T. Elsworth Email
MIDDLETOWN -- After almost 35 years of selling cars on Aquidneck Island, the Newport Autocenter will close in 30 days, according to The Newport Daily......
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10:43 AM Fri, Feb 20, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- With its history of building muscle cars like the GTO and the low-slung Firebird, Pontiac had good reason to take pride in......
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10:42 AM Fri, Feb 20, 2009 | Permalink |
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By Peter C. T. Elsworth Email
John Sweeney, the former executive director of the Larz Anderson Auto Museum in Brookline, Mass., and a consummate connoisseur and collector, passed away earlier this......
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10:42 AM Fri, Feb 20, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Among the grim facts cited in the restructuring plans submitted to Congress by General Motors and Chrysler this week were the U.S. auto sales numbers......
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10:11 AM Fri, Feb 20, 2009 | Permalink |
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By Peter C. T. Elsworth Email
STOCKHOLM -- General Motors Corp.'s Swedish-based subsidiary Saab went into bankruptcy protection Friday so the unit can be spun off or sold by its struggling......
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12:18 PM Thu, Feb 19, 2009 | Permalink |
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By Peter C. T. Elsworth Email
WASHINGTON -- Add together all the billions on the table and this number pops up on the calculator -- $97.4 billion. That's what the U.S.......
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12:18 PM Thu, Feb 19, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- General Motors vowed on Wednesday that its latest request for federal aid would be the last it would need to carry it through......
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12:18 PM Thu, Feb 19, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Sales of new cars and trucks this month are collapsing almost too fast to track. The February sales pace through the first half of the......
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10:57 AM Wed, Feb 18, 2009 | Permalink |
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By Peter C. T. Elsworth Email
A front page article in today's Providence Journal focuses on legislation that would ban texting messaging while driving. Rhode Island lawmakers "are reviving calls for......
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10:57 AM Wed, Feb 18, 2009 | Permalink |
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By Peter C. T. Elsworth Email
PROVIDENCE -- Andrew Bartlett has perfected the art of text messaging while driving. The 19-year-old props the phone against the steering wheel, his thumbs deftly......
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9:54 AM Wed, Feb 18, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- The price tag for bailing out General Motors and Chrysler jumped by another $14 billion Tuesday, to $39 billion, with the two......
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11:18 AM Tue, Feb 17, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- Chrysler on Tuesday told the U.S. government it needs even more taxpayer money to survive and General Motors is expected to do the......
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11:18 AM Tue, Feb 17, 2009 | Permalink |
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By Peter C. T. Elsworth Email
BERLIN -- German automaker Daimler AG today reported a $1.9 billion (euro1.53 billion) fourth-quarter loss - its first in two years - and warned that......
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11:13 AM Tue, Feb 17, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- General Motors and Chrysler, racing to finish restructuring plans to present to the federal government, are unlikely to complete deals with debtholders and......
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2:42 PM Mon, Feb 16, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- General Motors pressed union leaders for concessions on Monday afternoon, a day before the automaker must file a detailed restructuring plan with the......
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2:42 PM Mon, Feb 16, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- Crude oil prices have fallen to new lows for this year. So you'd think gas prices would sink right along with them.......
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1:43 PM Fri, Feb 13, 2009 | Permalink |
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By Peter C. T. Elsworth Email
If China's Chery Automobile acquires Volvo, my best advice to China's dominant car brand would be to focus on making the famed Swedish company the......
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10:57 AM Fri, Feb 13, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- Toyota is reacting to the slump in U.S. auto sales by further cutting North American production, slashing executives' compensation up to 30......
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12:28 PM Wed, Feb 11, 2009 | Permalink |
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By Peter C. T. Elsworth Email
U.S. Treasury Secretary Timothy Geithner on Tuesday faced questions from a Senate committee about its role in overseeing loans to the U.S. automotive industry, according......
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5:35 PM Tue, Feb 10, 2009 | Permalink |
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By Peter C. T. Elsworth Email
More evidence that we are entering a new era with the news that more cars were sold in China last month than here in the......
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11:05 AM Tue, Feb 10, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Gasoline prices in Rhode Island have crept higher for six straight weeks since the end of last year and are now approaching $2 a gallon,......
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10:00 AM Tue, Feb 10, 2009 | Permalink |
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By Peter C. T. Elsworth Email
SHANGHAI -- China's monthly vehicle sales surpassed those in the United States for the first time in January, moving this country closer to becoming the......
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9:57 AM Tue, Feb 10, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- General Motors Corp. said Tuesday it will cut 10,000 salaried jobs, citing the need to restructure itself with a government deadline looming......
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12:34 PM Mon, Feb 09, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Famed auto executive Bob Lutz, General Motors Corp. vice chairman of global product development, will retire at the end of 2009, the automaker announced this......
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11:51 AM Mon, Feb 09, 2009 | Permalink |
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By Peter C. T. Elsworth Email
TOKYO -- Nissan announced 20,000 job cuts Monday, the deepest reduction among Japan's automakers in battling the global downturn, as it forecast its first annual......
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11:33 AM Mon, Feb 09, 2009 | Permalink |
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By Peter C. T. Elsworth Email
What to make of the retirement of Bob Lutz, General Motors' vice chairman who will be leaving GM at the end of the year? Lutz......
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2:44 PM Fri, Feb 06, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Poor old Chrysler. Not only is the company struggling to sell its cars and trucks to consumers - its sales were down a staggering 55......
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11:21 AM Fri, Feb 06, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Nu-Chrome, a chrome-plating factory in Industrial Park in Fall River, Mass., is facing a number of charges, according to the The Herald News. The paper......
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10:00 AM Fri, Feb 06, 2009 | Permalink |
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By Peter C. T. Elsworth Email
TOKYO -- Toyota forecast its first annual net loss since 1950 on Friday as plunging demand for cars, especially in the U.S., and the strong......
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5:00 PM Thu, Feb 05, 2009 | Permalink |
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By Peter C. T. Elsworth Email
I would be the last to predict that the recession will be short lived. I was the mug, after all, who bought a house in......
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10:27 AM Wed, Feb 04, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- Auto sales in the U.S. took an unsettling drop of 37.1% in January, compared with January 2008, falling to a 28-year low, according......
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3:27 PM Tue, Feb 03, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- General Motors' U.S. vehicle sales plunged 49 percent in January while Ford's sales dropped 40 percent, starting 2009 at an abysmal pace for......
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1:40 PM Tue, Feb 03, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- Ford said Tuesday its U.S. vehicle sales fell 40 percent in January, setting an abysmal start to 2009 for the automaker and the......
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11:14 AM Tue, Feb 03, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT - General Motors and Chrysler, both racing to cut costs and shed workers, are each starting new rounds of buyouts and early retirement packages......
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10:47 AM Tue, Feb 03, 2009 | Permalink |
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By Peter C. T. Elsworth Email
WASHINGTON -- Ford Motor says it will have plug-in hybrid electric vehicles in showrooms in 2012, promising 30 miles on battery power before the gasoline......
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10:47 AM Tue, Feb 03, 2009 | Permalink |
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By Peter C. T. Elsworth Email
ROMULUS, Mich. -- Chrysler LLC sales chief Steven Landry said Tuesday that U.S. industry sales could drop as much as 35 percent in January to......
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