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June 2009 Archives
9:26 AM Tue, Jun 30, 2009 | Permalink |
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By Peter C. T. Elsworth  Email
DETROIT, June 30 - Hyundai on Tuesday offered to allow customers to lock in fuel prices for new vehicles at $1.49 per gallon for a......
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9:15 AM Tue, Jun 30, 2009 | Permalink |
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By Peter C. T. Elsworth Email
BRUSSELS/FRANKFURT - Efforts to save two leading European carmakers took a twist on Tuesday that could change the ownership of both crisis-hit General Motors' Opel......
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9:15 AM Tue, Jun 30, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT - General Motors cut operational ties on Monday to a northern California auto plant it had operated in a joint-venture with Toyota for a......
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9:10 AM Tue, Jun 30, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK - General Motors is heading to bankruptcy court on Tuesday to seek approval to sell its assets to a "New GM" in a......
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10:38 AM Mon, Jun 29, 2009 | Permalink |
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By Peter C. T. Elsworth Email
STUTTGART, Germany -- Porsche has rejected Volkswagen AG's bid to take a 49 percent stake in the sports carmaker, a company spokesman said Monday, according......
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10:39 AM Thu, Jun 25, 2009 | Permalink |
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By Peter C. T. Elsworth Email
An informal study by Car and Driver magazine has concluded that driving while cell-phone texting is more dangerous than driving at the minimum legal level......
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7:59 AM Thu, Jun 25, 2009 | Permalink |
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By Peter C. T. Elsworth Email
TOKYO -- Akio Toyoda promised a nimbler Toyota that will be more responsive to regional needs in his first public appearance as head of the......
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5:17 PM Wed, Jun 24, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Lower diesel prices have helped European car makers in recent weeks. Prices have fallen below gas prices as the economic slowdown has hit the transportation......
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10:00 AM Wed, Jun 24, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Sometimes I squint my eyes when driving down 95 and look over at the oncoming traffic - and it's a blur of muddy hues, each......
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10:00 AM Wed, Jun 24, 2009 | Permalink |
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By Peter C. T. Elsworth Email
If the new cars in your parking garage seem to be more vivid, it may just be a sign of the economic times. Carmakers are......
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10:00 AM Wed, Jun 24, 2009 | Permalink |
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By Peter C. T. Elsworth Email
SAN FRANCISCO - General Motors Corp will do the "heavy lifting" to help meet the ambitious goal set by President Barack Obama of having one......
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10:00 AM Wed, Jun 24, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- About 4,000 more salaried workers at General Motors Corp. will lose their jobs by the end of the year as the automaker continues......
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9:59 AM Tue, Jun 23, 2009 | Permalink |
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By Peter C. T. Elsworth Email
WASHINGTON -- The Energy Department is expected to announce Tuesday it is lending money to the Ford Motor Co. and two other automakers from a......
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1:13 PM Mon, Jun 22, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- Ford, General Motors and Chrysler have made strides in new vehicle quality over the last year, but they still lag behind their......
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10:43 AM Mon, Jun 22, 2009 | Permalink |
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By Peter C. T. Elsworth Email
TOKYO - As an engineering student in the 1960s, Takeo Fukui picked the analysis of nitrogen dioxide emissions as his senior thesis with one goal......
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10:43 AM Mon, Jun 22, 2009 | Permalink |
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By Peter C. T. Elsworth Email
TOKYO - Akio Toyoda takes charge at Toyota Motor Corp this week with the company facing its biggest ever loss, but few expect his appointment......
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10:43 AM Mon, Jun 22, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- Former Chrysler CEO Lee Iacocca has some advice for the people who are running his old company, and those who will lead the......
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3:38 PM Fri, Jun 19, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- Gasoline markets exhibited the first signs that an extended rally in pump prices is nearing an end after 52 straight days on......
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12:25 PM Thu, Jun 18, 2009 | Permalink |
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By Peter C. T. Elsworth Email
The green light is on for super car maker Koenigsegg to take over General Motors' Saab subsidiary. Both companies may be Swedish, but consider that......
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3:59 PM Wed, Jun 17, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- Ford CEO Alan Mulally said government regulation in many ways has hurt innovation among businesses and manufacturers in the United States, according to......
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3:59 PM Wed, Jun 17, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- Chrysler plans to restart seven assembly plants at the end of June after silencing all of its factories during its six-week stay in......
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12:14 PM Wed, Jun 17, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- Retail gas prices climbed for the 50th straight day Wednesday, the longest streak in records dating to 1996, even as benchmark crude......
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12:14 PM Wed, Jun 17, 2009 | Permalink |
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By Peter C. T. Elsworth Email
I can't resist commenting on two great races over the weekend - Peugeot's victory at 24 Hour Endurance Race at Le Mans, France, and 50-year-old......
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10:07 AM Wed, Jun 17, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- For the new owners of Saab Automobile to make money selling small numbers of cars across the globe, they have to return to......
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2:51 PM Tue, Jun 16, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Is it déjà vu all over again? Gas prices have been rising steadily for weeks and are now running more than $2.65 a gallon. That's......
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10:55 AM Tue, Jun 16, 2009 | Permalink |
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By Peter C. T. Elsworth Email
General Motors announced Tuesday that it had agreed to sell its Swedish unit, Saab Automobile, to a consortium led by the sports car maker Koenigsegg......
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11:07 AM Mon, Jun 15, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- Gas prices rose Friday for the 45th consecutive day as summer travelers hit the highways and refineries hold back on fuel production,......
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9:33 AM Fri, Jun 12, 2009 | Permalink |
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By Peter C. T. Elsworth Email
STOCKHOLM - General Motors is close to selling loss-making Swedish unit Saab after tiny supercar maker Koenigsegg agreed to ride to the rescue, a source......
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11:53 AM Thu, Jun 11, 2009 | Permalink |
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By Peter C. T. Elsworth Email
STOCKHOLM - Swedish luxury carmaker Koenigsegg and Norwegian investors have signed a preliminary deal to buy General Motors' unit Saab, a source familiar with the......
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11:53 AM Thu, Jun 11, 2009 | Permalink |
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By Peter C. T. Elsworth Email
With Chrysler coming out of bankruptcy as a subsidiary of Fiat and General Motors forging ahead with its restructuring plans, it's time to look at......
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9:10 AM Thu, Jun 11, 2009 | Permalink |
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By Peter C. T. Elsworth Email
While Honda admits the U.S. car and truck market is unpredictable because it is so dependent on changing fuel prices - fuel is heavily taxed......
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9:10 AM Thu, Jun 11, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Corporate politics, while an inevitable aspect of any organization can be a particular problem in older ones where ossified mindsets hamper innovation and old allegiances......
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9:10 AM Thu, Jun 11, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- Fiat will set a new direction at Chrysler, which finished its tour through bankruptcy court Wednesday, completing its deal to join forces with......
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9:10 AM Thu, Jun 11, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- Chrysler may have been granted a fresh start, but it still faces old problems: how to sell enough cars and realign its fleet......
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9:10 AM Thu, Jun 11, 2009 | Permalink |
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By Peter C. T. Elsworth Email
TOKYO -- Honda is ready to offer bigger vehicles in North America should demand return for such models, as well as the small cars viewed......
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9:10 AM Thu, Jun 11, 2009 | Permalink |
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By Peter C. T. Elsworth Email
WASHINGTON -- Even a fender-bender in a fuel-efficient mini car can lead to thousands of dollars worth of repairs, the insurance industry found in new......
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5:14 PM Wed, Jun 10, 2009 | Permalink |
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By Peter C. T. Elsworth Email
A full page of the June 8 Automotive News is devoted to an interview with Ernie Boch Jr., president of Boch Automotive of Norwood, Mass.......
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12:53 PM Wed, Jun 10, 2009 | Permalink |
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By Peter C. T. Elsworth Email
HOUSTON -- Oil prices surged again Wednesday to a new high for the year with investors pouring money into crude markets as a hedge against......
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10:48 AM Wed, Jun 10, 2009 | Permalink |
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By Peter C. T. Elsworth Email
With the touch of pen to paper and a simple wire transfer, Chrysler completed its deal with Fiat on Wednesday morning, largely ending its quick......
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10:11 AM Wed, Jun 10, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- Italian automaker Fiat says it has closed a deal to take over Chrysler's good assets, forming a new company and clearing the way......
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10:38 AM Tue, Jun 09, 2009 | Permalink |
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By Peter C. T. Elsworth Email
HOUSTON -- While crude flirted with $70 a barrel Tuesday, gasoline prices failed to rise overnight for the first time in 42 days, signaling a......
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10:38 AM Tue, Jun 09, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK (AP) -- Chrysler headed back to bankruptcy court Tuesday to get a judge to approve the termination of 789 dealer franchises, while Chrysler's......
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10:38 AM Tue, Jun 09, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- A former CEO and chairman of telecommunications giant AT&T Inc. will lead General Motors Corp.'s board after the automaker emerges from bankruptcy protection,......
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10:38 AM Tue, Jun 09, 2009 | Permalink |
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By Peter C. T. Elsworth Email
WASHINGTON (AP) -- Consumers could receive rebates of up to $4,500 for turning in their gas-guzzling cars and trucks for more fuel-efficient vehicles under a......
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10:38 AM Tue, Jun 09, 2009 | Permalink |
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By Peter C. T. Elsworth Email
MILAN -- Italian automaker Fiat said Tuesday it will not turn its back on a deal to acquire a controlling stake in Chrysler despite a......
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3:30 PM Mon, Jun 08, 2009 | Permalink |
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By Peter C. T. Elsworth Email
The last days of selling Dodge, Jeep and Chrysler vehicles have been filled with quick sales at deep discounts, along with sad goodbyes from longtime......
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3:27 PM Mon, Jun 08, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- Government officials asked the U.S. Supreme Court on Monday to allow the sale of most of Chrysler's assets to a group led......
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11:50 AM Fri, Jun 05, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- The decision on whether Chrysler can sell the bulk of its assets to a group led by Italy's Fiat as part of......
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11:50 AM Fri, Jun 05, 2009 | Permalink |
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By Peter C. T. Elsworth Email
SHANGHAI -- General Motors' planned sale of its Hummer brand to a little-known Chinese truck maker could be blocked by regulators who have not approved......
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11:50 AM Fri, Jun 05, 2009 | Permalink |
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By Peter C. T. Elsworth Email
MILAN -- Fiat CEO Sergio Marchionne said Friday that the Italian automaker hasn't given up on Germany's Opel, even though a tentative Opel takeover deal......
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11:40 AM Fri, Jun 05, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- General Motors has a tentative deal to sell its Saturn brand to former race car driver and dealership group owner Roger Penske,......
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9:51 AM Thu, Jun 04, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- A parade of Chrysler dealers slated to lose their franchises, including Jim Tarbox of Tarbox Jeep in North Kingstown and Tarbox Chrysler......
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9:51 AM Thu, Jun 04, 2009 | Permalink |
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By Peter C. T. Elsworth Email
TOYOTA -- A Toyota executive overseeing research said Thursday a battery breakthrough is needed for electric vehicles to become mainstream, and hybrids will remain the......
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3:58 PM Wed, Jun 03, 2009 | Permalink |
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By Peter C. T. Elsworth Email
WASHINGTON -- The chiefs of General and Chrysler told Congress on Wednesday they have too many dealers to support their slimmed down operations and sacrifices......
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11:20 AM Wed, Jun 03, 2009 | Permalink |
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By Peter C. T. Elsworth Email
While a bankruptcy judge is expected to hear arguments Thursday on Chrysler's plan to terminate 789 dealerships, senators in Washington are questioning Chrysler and General......
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11:12 AM Wed, Jun 03, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- A hearing on Chrysler's request to terminate the franchises of 789 of its dealers has been pushed back by a day, according......
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11:12 AM Wed, Jun 03, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Talking about downtown, I wonder why the architects who did such a great job refurbishing the Dunkin' Donuts Center did not include a big electronic......
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10:20 AM Wed, Jun 03, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Now that CVS has moved into that dead zone at the south end of Providence Place (how many businesses have come and gone over the......
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9:25 AM Wed, Jun 03, 2009 | Permalink |
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By Peter C. T. Elsworth Email
WASHINGTON -- Top executives from General Motors and Chrysler face tough questions from lawmakers about sweeping plans to close hundreds of car dealerships as the......
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9:25 AM Wed, Jun 03, 2009 | Permalink |
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By Peter C. T. Elsworth Email
BEIJING -- Hummer owners are an unusual breed, but a little-known Chinese company's surprise purchase of the American maker of gas-guzzling, military-style SUVs is audacious......
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9:25 AM Wed, Jun 03, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- A bankruptcy judge will rule Wednesday on whether Chrysler can terminate the franchise agreements of 789 of its dealers as part of......
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12:03 PM Tue, Jun 02, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- With two carmakers operating in bankruptcy protection, the auto industry is hoping to see some evidence Tuesday that new-vehicle sales could start to......
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12:03 PM Tue, Jun 02, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- Chrysler LLC's U.S. sales fell 47 percent in May, but the company says being under bankruptcy protection did little to deter customers from......
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12:03 PM Tue, Jun 02, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT -- A day after filing for bankruptcy protection, automaker General Motors Corp. says its U.S. sales in May fell 30 percent from a year......
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12:03 PM Tue, Jun 02, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT - General Motors took a key step toward its downsizing on Tuesday, striking a tentative deal to sell its Hummer brand to a Chinese......
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12:03 PM Tue, Jun 02, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Columnist David Brooks has a sober look at the General Motors bankruptcy in today's York Times and I think he brilliantly puts his finger on......
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8:37 AM Tue, Jun 02, 2009 | Permalink |
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By Peter C. T. Elsworth Email
WASHINGTON -- President Obama boiled down his three goals as the reluctant majority shareholder of General Motors this way on Monday: "To get G.M. back......
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8:30 AM Tue, Jun 02, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- General Motors said Tuesday that it has tentatively agreed to sell its Hummer brand, a day after the U.S. automaker filed for......
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9:54 AM Mon, Jun 01, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT, June 1, 2009 - General Motors today announced that it has reached agreements with the U.S. Treasury and the governments of Canada and Ontario......
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9:54 AM Mon, Jun 01, 2009 | Permalink |
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By Peter C. T. Elsworth Email
DETROIT, Mich. -- General Motors today announced details of its accelerated manufacturing plan to improve capacity utilization and flexibility for the New GM. GM also......
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9:21 AM Mon, Jun 01, 2009 | Permalink |
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By Peter C. T. Elsworth Email
Here is a link to the lead editorial in today's New York Times: The government is about to own a controlling stake in one of......
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9:21 AM Mon, Jun 01, 2009 | Permalink |
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By Peter C. T. Elsworth Email
It is a company that helped lift hundreds of thousands of American workers into the middle class. It transformed Detroit into the Silicon Valley of......
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9:21 AM Mon, Jun 01, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- A federal bankruptcy judge approved the sale of most of Chrysler's assets to Italy's Fiat, moving the American automaker a step closer......
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9:21 AM Mon, Jun 01, 2009 | Permalink |
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By Peter C. T. Elsworth Email
NEW YORK -- General Motors filed for Chapter 11 bankruptcy protection Monday as part of the Obama administration's plan to shrink the automaker to a......
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