GM to close Ohio SUV plant 2 years ahead of plan

October 4th, 2008 admin Posted in Uncategorized | No Comments »

General Motors is ending production of its slow-selling mid-sized SUVs on Dec. 23, two years earlier than announced in June.

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Delphi files new reorganization plan

October 4th, 2008 admin Posted in Uncategorized | No Comments »

Delphi Corp., the former parts-making arm of General Motors, this evening filed a new reorganization plan almost three years to the day after it filed the largest Chapter 11 bankruptcy petition in the history of the U.S. auto industry.

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Opel to get its own version of Volt

October 4th, 2008 admin Posted in Uncategorized | No Comments »

General Motors’ second extended-range electric vehicle will be an Opel.

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PPG’s auto glass arm spun off as Pittsburgh Glass Works

October 4th, 2008 admin Posted in Uncategorized | No Comments »

The automotive glass division of PPG Industries Inc. was reborn this week as Pittsburgh Glass Works. On Wednesday, the glass division became a separate company after the sale of 60 percent of the division to the private equity firm Kohlberg and Co.

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Ghosn: EU should consider U.S.-style loans

October 3rd, 2008 admin Posted in Uncategorized | No Comments »

Europe should consider copying U.S. plans to offer carmakers low-interest loans to invest in environmentally-friendly technology, Renault-Nissan CEO Carlos Ghosn said.

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Paris flair lifts gloom

October 3rd, 2008 admin Posted in Uncategorized | No Comments »

Beyond the gloomy outlook for new-car sales in Europe and the U.S., there was plenty of evidence at the Paris auto show that the industry is as vibrant and dynamic as ever. Here are our tops and flops from the show:

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Opel to get is own version of Volt

October 3rd, 2008 admin Posted in Uncategorized | No Comments »

General Motors’ second extended-range electric vehicle will be an Opel.

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Delphi restructuring chief Sheehan named CFO

October 3rd, 2008 admin Posted in Uncategorized | No Comments »

Delphi Corp. today said John Sheehan has been named CFO, replacing Robert Dellinger. Sheehan, 48, will continue to oversee Delphi’s restructuring.

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Aston Martin gets new U.S. digs — 2 miles away

October 3rd, 2008 admin Posted in Uncategorized | No Comments »

While the remnants of Ford’s Premier Automotive Group are movingto New Jersey to be closer to their parent companies in England and Sweden, Aston Martin is staying put. Although it cannot stay in Ford’s PAG headquarters in Irvine, Calif.

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Toyota offers 0% financing on 11 models

October 3rd, 2008 admin Posted in Uncategorized | No Comments »

Toyota Motor Corp., reeling from its steepest drop in U.S. sales in at least four decades, is offering no-interest loans on 11 models.

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