Projo Cars Blog

September 6, 2009 - September 12, 2009 Archives


GM rescinds white-collar pay cuts made in spring

2:52 PM Fri, Sep 11, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- General Motors has rescinded white-collar pay cuts it made last spring as it desperately tried to conserve cash and avoid filing for bankruptcy......

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General Motors to offer money-back guarantee

9:47 AM Fri, Sep 11, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

General Motors is hoping to jump-start its revival by guaranteeing car buyers that if they don't like their new Chevrolet, GMC, Buick or Cadillac, they......

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Backseat Driver: New world order arising in auto industry

11:18 AM Thu, Sep 10, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

The news from The Associated Press that Canada's Magna International together with Russia's Sberbank is to take control of General Motors' German subsidiary Opel is......

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Backseat Driver: Backseat drivers seen curbing drivers who text

11:18 AM Thu, Sep 10, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

Remember when we all used to smoke? I'm dating myself here but only 30 years ago or so smoking was commonplace from university lecture halls......

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Backseat Driver: If it's not one thing, it's another

11:18 AM Thu, Sep 10, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

The latest cause of dangerous driving to be getting attention is drowsiness or falling asleep at the wheel. "The U.S. National Highway Traffic Safety Administration......

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Sources: GM to pick Magna for Opel

9:38 AM Thu, Sep 10, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

BERLIN -- Two German officials told The Associated Press on Thursday that General Motors Co. will recommend selling its Opel unit to Canada's Magna International......

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China's Geely eyes bid for Ford's Volvo car

9:20 AM Wed, Sep 09, 2009 | | Comments (1)
By Peter C. T. Elsworth    Email

SHANGHAI/HONG KONG - China's Geely Automotive said its parent company plans to bid for all of Ford's Volvo Car, becoming the latest Chinese automaker to......

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Taxpayers face heavy losses on auto bailout

9:03 AM Wed, Sep 09, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

WASHINGTON -- Taxpayers face losses on a significant portion of the $81 billion in government aid provided to the auto industry, an oversight panel said......

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Officials set Sept. 30 as goal to pay dealers on clunkers

2:24 PM Tue, Sep 08, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- The Department of Transportation is kicking up efforts to pay dealers who sold cars under the federal cash-for-clunkers plan and hopes to process......

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China regulator seeks more info on Hummer buy

9:02 AM Tue, Sep 08, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

SHANGHAI - China's Commerce Ministry has not rejected heavy equipment maker Tengzhong's planned purchase of GM's Hummer unit, but has asked for more information on......

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Opel decision may come from GM board meeting

9:02 AM Tue, Sep 08, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

FRANKFURT -- General Motors Co.'s board begins a two-day meeting in Detroit Tuesday that could see it decide the fate of its European unit Opel,......

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