Chrysler LLC
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Obama will decide new auto fuel efficiency targets
WASHINGTON (Reuters) - The Bush administration will not finalize new auto fuel efficiency standards, as it had planned, due to the industry's woeful financial state, officials said on Wednesday. Full Article
Obama will decide new auto fuel efficiency targets
WASHINGTON, Jan 7 (Reuters) - The Bush administration will not finalize new auto fuel efficiency standards, as it had planned, due to the industry's woeful financial state, officials said on Wednesday. Full Article
GM, Chrysler, Credit Unions Expand Loan Programs
http://www.thestreet.com/story/10456604/1/gm-chrysler-credit-unions-expand-loan-programs.html?puc=_reuters&cm_ven=REUTERS&cm_cat=Free&cm_pla=Feed&cm_ite=Feed&puc=reuters& Full Article
Union gears up for negotiations with GM and Chrysler
DETROIT (Reuters) - United Auto Workers bargaining teams are arriving this week in Detroit as the union gears up for negotiations with General Motors Corp and Chrysler LLC, which are mandated to cut labor costs under a $17.4 billion federal bailout. Full Article
Union gears up for negotiations with GM, Chrysler
DETROIT (Reuters) - United Auto Workers bargaining teams are arriving this week in Detroit as the union gears up for negotiations with General Motors Corp and Chrysler LLC, which are mandated to cut labor costs under a $17.4 billion federal bailout. Full Article
A123 Systems plans U.S. battery production
DETROIT, Jan 7 (Reuters) - Battery maker A123 Systems plans to build automotive battery manufacturing facilities in the United States and has applied for $1.84 billion in government loans to fund the construction, the company said on Wednesday. Full Article
GM says government loans cover worst scenario: report
(Reuters) - General Motors Corp has adequate government loans pledged to cover the worst-case scenario it outlined in December to Congress and will not need more unless the economy worsens, a Bloomberg report said. Full Article
FACTBOX-Job cuts mount as global downturn bites
Jan 7 (Reuters) - Marks & Spencer , Britain's biggest clothing retailer, reported its worst quarterly sales performance for a decade and said it would cut around 1,230 jobs in a bid to save money in a tough trading environment. Full Article
UPDATE 1-China's Foton, Daimler to form $929 mln truck JV
SHANGHAI, Jan 7 (Reuters) - Major Chinese truck maker Beiqi Foton and Daimler AG have agreed to set up a 50-50 truck venture with total investment of 6.35 billion yuan ($929 million), securing the German company a foothold in China's truck sector. Full Article
GM says govt loans cover worst scenario - report
Jan 7 (Reuters) - General Motors Corp has adequate government loans pledged to cover the worst-case scenario it outlined in December to Congress and will not need more unless the economy worsens, a Bloomberg report said. Full Article
