Posts Tagged ‘Auto Industry’

Obama to pitch early success of auto bailouts

President Obama visits Michigan – the heart of the U.S. auto industry – today on a mission to convince taxpayers that their investment in the bailouts of General Motors Co. and Chrysler Group LLC will bring a return.

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Obama: Auto industry revival justifies bailouts

President Barack Obama, in the heart of the U.S. auto industry, told a crowd of workers that the government bailouts of General Motors Co. and Chrysler Group LLC are giving taxpayers a return on their investment.

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Obama: Taxpayers to recover auto industry bailout funds

In exchange for U.S. bailout money that reached $85 billion, the auto industry has been restructured, and ‘you now have all those auto companies showing a profit,” Obama said.

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New technology is No. 1 auto issue this year, execs say

Forget all that talk about cost-cutting and quality improvements — itand#8217;s the race for new technology that is motivating auto industry leaders around the world this year.

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As others retreat, she charges into ailing auto parts sector

Lynn Tilton, who favors wearing diamonds and buying diamonds in the rough, is charging into the auto industry — at a time when most of her private-equity predecessors are happy to be out.

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GM plant cuts will only dent European production overcapacity

GM’s drive to revamp its Opel/Vauxhall operations will only make a small dent in the European auto industry’s overcapacity.

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Auto industry stocks show signs of life on Wall Street

Investors are beginning to show renewed interest in the automotive industry after months of near-frozen credit markets, bankruptcies and plummeting stock prices. In the last month, Ford Motor Co.

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Marchionne says Europe needs to address overcapacity problem

France, Germany and other European nations have created overcapacity by subsidizing the auto industry, a problem that should be fixed by streamlining the sector as the United States has done, Fiat S.p.A.

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Marchionne says Europe needs to address overcapacity

France, Germany and other European nations have created overcapacity by subsidizing the auto industry, a problem that should be fixed by streamlining the sector as the United States has done, Fiat S.p.A.

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Detroit show expects an uptick in exhibits

As the auto industry goes, so goes the Detroit auto show. That fact was particularly unkind in January, when struggling automakers opted out of the show to conserve their marketing budgets. Attendance fell, too. The 2010 show, Jan.

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Detroit show expects an uptick in exhibits, attendance

As the auto industry goes, so goes the Detroit auto show. That fact was particularly unkind in January, when struggling automakers opted out of the show to conserve their marketing budgets. Attendance fell, too. The 2010 show, Jan.

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Auto sector headed for repeat failures, report says

The U.S. auto industry may be caught in an “airline-style” cycle of repetitive bankruptcies because of weak sales and a glut of production capacity, Fitch Ratings said today.

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Lear seeking court’s OK to replace 6 directors

A crew of auto industry veterans and financial executives will replace six of Lear Corp.’

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U.S. auto supply sector must shrink

The U.S. auto supply industry averted catastrophe during the implosion of vehicle sales this year but more than half of the private companies still standing are distressed, an industry consultant said on Monday.

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Alternative power brings a fresh surge of patents

The auto industry’s scramble into new kinds of vehicle power has unleashed a tidal wave of technology patents that will make their way into vehicles in the coming decade.

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Analyst Cole tells feds dealer cuts and#8216;didn’t make any sense’

General Motors Co.’s and Chrysler Group’s dealer cuts will erode the companies’ market share in small- and mid-sized markets, auto industry researcher David Cole said last week.

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Analyst Cole says dealer cuts and#8216;didn’t make any sense’

General Motors Co.’s and Chrysler Group’s dealer cuts will erode the companies’ market share in small- and mid-sized markets, auto industry researcher David Cole said last week.

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Analyst says dealer cuts and#8216;didn’t make any sense’

General Motors Co.’s and Chrysler Group’s dealer cuts will erode the companies’ market share in small- and mid-sized markets, auto industry researcher David Cole said last week.

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Ford seen narrowing loss, focus on cash burn

Ford Motor Co. is expected to post a narrower quarterly loss with support from the U.S. government “cash for clunkers” program, but the focus will be on the outlook for the U.S. economy and auto industry sales.

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Ford seen narrowing loss; focus will again be on cash burn

Ford Motor Co. is expected to post a narrower quarterly loss with support from the U.S. government “cash for clunkers” program, but the focus will be on the outlook for the U.S. economy and auto industry sales.

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Analyst Cole tells feds dealer cuts and#8216;didnand#8217;t make any senseand#8217;

General Motors Co.and#8217;s and Chrysler Groupand#8217;s dealer cuts will erode the companiesand#8217; market share in small- and mid-sized markets, auto industry researcher David Cole said this week.

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Analyst Cole tells feds dealer cuts and#8216;didn’t make any sense’

General Motors Co.’s and Chrysler Group’s dealer cuts will erode the companies’ market share in small- and mid-sized markets, auto industry researcher David Cole said this week.

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Fisker backer touts venture capital bets on auto industry

Fisker Automotive Inc. investor Ray Lane says he knows the auto industry bears little resemblance to the Internet and software businesses that have made him and his fellow venture capitalists successful.

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Fisker backer touts venture-capital bets on autos

Fisker Automotive Inc. investor Ray Lane says he knows the auto industry bears little resemblance to the Internet and software businesses that have made him and his fellow venture capitalists successful.

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Supply-chain chiefs fixated on cost cuts

Supply-chain managers have one over-riding goal: cut costs. Thatand#8217;s the implication of a survey released Thursday by consultants Grant Thornton and it wonand#8217;t come as a surprise in the auto industry.

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