Projo Cars Blog

May 17, 2009 - May 23, 2009 Archives


Gasoline prices swing higher before holiday

3:21 PM Fri, May 22, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- Retail gasoline prices continued to climb Friday ahead of the Memorial Day weekend and the unofficial start of America's summer driving season,......

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Gasoline prices swing higher before holiday

3:21 PM Fri, May 22, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK -- Retail gasoline prices continued to climb Friday ahead of the Memorial Day weekend and the unofficial start of America's summer driving season,......

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Backseat Driver: Dopey defeatism should not nix new fuel standards

11:57 AM Thu, May 21, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

There is a simple reason why the American auto industry is in trouble: it failed to keep up with the times. Yes, I know it......

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UAW says it has reached deal with GM, government

10:19 AM Thu, May 21, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- The United Auto Workers union has reached a tentative deal with the government and General Motors Corp. that would cut labor costs and......

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Backseat Driver: Kidder to succeed Nardelli as head of Chrysler

10:19 AM Thu, May 21, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Chrysler has named C. Robert Kidder, former chairman of Borden Chemical and of Duracell International, to succeed Robert Nardelli as chairman of the board once......

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Chrysler bankruptcy puts lemons in limbo

10:07 AM Wed, May 20, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- Consumers who filed lemon-law claims against Chrysler recently are facing a troubling reality: Many settlement checks are bouncing, and consumers have no idea......

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At Least 3 Bids Likely for G.M.'s European Business

10:07 AM Wed, May 20, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

FRANKFURT -- General Motors expects at least three bids for its European business by the close of business Wednesday, a spokesman for G.M. Europe said,......

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GM bankruptcy plan includes government debt relief: source

2:06 PM Tue, May 19, 2009 | | Comments (2)
By Peter C. T. Elsworth    Email

General Motors' bankruptcy plan includes the sale of healthy assets to a new company, owned by U.S. government, a source said on Tuesday, according to......

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Obama wants increased fuel efficiency, less smog

2:06 PM Tue, May 19, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

WASHINGTON -- President Barack Obama outlined Tuesday the nation's first comprehensive effort to curb vehicle emissions while cutting dependence on imported oil, calling the plan......

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Oil rises to near $60 on signs recession easing

8:55 AM Tue, May 19, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Oil rose to near $60 a barrel Tuesday as investors took heart from global stock market gains and more signs the U.S. recession is easing,......

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Automakers, Obama announce mileage, pollution plan

8:49 AM Tue, May 19, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

WASHINGTON -- President Barack Obama wants drivers to go farther on a gallon of gas and cause less damage to the environment - and be......

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Backseat Driver: Surviving GM's termination notices

2:36 PM Mon, May 18, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Nine out of the ten General Motors dealerships in Rhode Island report that they will be continuing as GM dealers after it goes through its......

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New York Times editorial: So Far So Good

2:36 PM Mon, May 18, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Here is today's lead editorial in The New York Times: Less than three weeks after Chrysler filed for bankruptcy protection, it looks as if the......

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Chrysler expands buyout, early retirement packages

2:36 PM Mon, May 18, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- Chrysler has expanded early retirement and buyout offers for workers at six of the eight factories that it plans to close as part......

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U.S. to Issue Tougher Fuel Standards for Automobiles

2:36 PM Mon, May 18, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

WASHINGTON --The Obama administration will issue new national requirements for the emissions and mileage of cars and light trucks in an effort to end a......

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Dumped GM, Chrysler dealers endure grieving process

dealer.jpg 10:37 AM Mon, May 18, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Joe Reising, vice president of R.L. Reising Sales, right, on Saturday talks with salesman Bill Dralle, 70, who's worked at the Beecher, Ill., Chevrolet......

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Ferrari Sells for a Record $12.4 Million

Ferrari.jpg 10:29 AM Mon, May 18, 2009 | | Comments (1)
By Peter C. T. Elsworth    Email

Gael O'Brien This 1957 Ferrari 250 Testa Rossa was the top seller at an auction of vintage Ferraris on Sunday. MARANELLO, Italy -- A......

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GM shows signs that bankruptcy filing is coming

10:29 AM Mon, May 18, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- The letters General Motors sent to 1,100 of its dealers telling them to close represent another strong sign the automaker will end up......

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GM, UAW in dispute over imports and plant closures

9:57 AM Mon, May 18, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- General Motors and the United Auto Workers are fighting over plans to close 16 U.S. factories and import vehicles from other countries as......

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