December 1st, 2008 | No Comments »
Reuters - The global automotive industry faced a fresh wave of bad news Monday, as data showed drops in Swedish, Japanese and South Korean November car sales, with figures for France, Spain and Italy due out later in the day. Automakers are cutting production as well as seeking help from governments to survive as they [...]
Published in General |
November 10th, 2008 | No Comments »
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Published in Business News |
November 10th, 2008 | 2 Comments »
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Published in Business News |
November 8th, 2008 | No Comments »
Reuters - General Motors Corp and Ford Motor Co reported far deeper-than-expected quarterly losses on Friday and said their rate of cash burn had accelerated, as an extended slump in car sales raised questions about the future of the U.S. auto industry.
Published in General |
November 7th, 2008 | No Comments »
Reuters - General Motors Corp and Ford Motor Co reported far deeper-than-expected quarterly losses on Friday, and said their rate of cash burn was accelerating, as an extended slump in car sales raised questions about the future of the U.S. auto industry.
Published in General |
October 30th, 2008 | No Comments »
Reuters - Auto retailers swung to quarterly losses in the third quarter, beaten down by the decline in U.S. car sales, tight consumer credit, and a weakening U.S. economy as well as hurricane-related damages.
Published in General |