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March 8, 2009 - March 14, 2009 Archives

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Some good news from GM and out of China

11:07 AM Thu, Mar 12, 2009 | | Comments (1)
By Peter C. T. Elsworth    Email

DETROIT - General Motors' chief financial officer says the company will not need the $2 billion loan installment for March that it requested from the......

>> Continue reading Some good news from GM and out of China

 Tags  Chinese auto sales   General Motors  

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Backseat Driver: GM shelves development of new diesel engine

11:07 AM Thu, Mar 12, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

In a depressing move that reveals the extent to which General Motors is hardly treading water let alone moving ahead with ground-breaking technical innovations, the......

>> Continue reading Backseat Driver: GM shelves development of new diesel engine

 Tags  Diesel technology   General Motors  

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Backseat Driver: Thrill 'em but don't spill 'em

10:12 AM Thu, Mar 12, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

I have gotten to drive and ride in a bunch of great cars in this job, including a 1920s Bentley, a new Lamborghini Gallardo and......

>> Continue reading Backseat Driver: Thrill 'em but don't spill 'em

 Tags  Commentary   Racing  

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Backseat Driver: Shhh! Masterminds at work!

10:12 AM Thu, Mar 12, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

It seems three executives at a car dealership in Western Nebraska took off with 81 new Fords and Toyotas worth about $2.5 million. The cars......

>> Continue reading Backseat Driver: Shhh! Masterminds at work!

 Tags  Commentary   dealerships  

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Chrysler threatens Canada pull out

9:44 AM Thu, Mar 12, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

OTTAWA -- A top Chrysler official issued a grim threat to Canadian lawmakers, warning the struggling U.S. automaker may shut down its plants in Canada......

>> Continue reading Chrysler threatens Canada pull out

 Tags  Canada   Chrysler   unions  

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Honda's Insight sells well in Japan, priced at under $20,000 in U.S.

11:01 AM Wed, Mar 11, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

TOKYO -- Orders for the hybrid Insight have totaled 18,000 since it hit the Japanese auto market about a month ago, outpacing Honda's target and......

>> Continue reading Honda's Insight sells well in Japan, priced at under $20,000 in U.S.

 Tags  Alternative fuels   Honda   Honda Insight   Hybrids  

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Ford says modified UAW pact brings foreign parity

10:57 AM Wed, Mar 11, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- Ford says recent modifications to its contract with the United Auto Workers union help the company achieve parity with wages paid in the......

>> Continue reading Ford says modified UAW pact brings foreign parity

 Tags  Chrysler   Ford   General Motors   UAW  

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Ford workers OK wage freeze; GM, Chrysler could follow

10:49 AM Tue, Mar 10, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- Union workers at Ford Motor approved contract changes including a wage freeze and a cut in benefits to help the automaker be competitive,......

>> Continue reading Ford workers OK wage freeze; GM, Chrysler could follow

 Tags  auto industry   Chrysler   Ford   General Motors   UAW  

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Oil rises to near $48 as OPEC signals supply cuts

10:49 AM Tue, Mar 10, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Oil rose to near $48 a barrel Tuesday after OPEC signaled it will likely announce another production cut within days, adding to large supply reductions......

>> Continue reading Oil rises to near $48 as OPEC signals supply cuts

 Tags  Oil prices  

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