Category Archives: Auto Makers

Dealers await reimbursements for clunkers

Full Story at CNN.com But Londoff isn’t complaining. The bigger picture, he said Tuesday, is that Johnny Londoff Chevrolet and other dealerships across the country sold almost 700,000 cars and trucks in a bad economy, thanks to the economic stimulus initiative. “People sold through 90 or 120 days of inventory in 40 days,” Londoff said. [...]

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Supreme Court asked to block Chrysler sale to Fiat

Full Story At News.yahoo.com WASHINGTON – Three Indiana state pension and construction funds want the Supreme Court to block Chrysler’s sale to Fiat so they can pursue an appeal in hopes of getting a better deal. The funds filed emergency papers at the high court early Sunday. An appeals court in New York approved the [...]

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Automakers, Obama announce mileage, pollution plan

Full Story At news.yahoo.com WASHINGTON – President Barack Obama wants drivers to go farther on a gallon of gas and cause less damage to the environment — and be willing to pick up the tab. Obama on Tuesday planned to announce the first-ever national emissions limits for cars and trucks, as well as require a [...]

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Lawmakers start work on global warming bill

Full Story At  msnbc.com WASHINGTON – The last time Congress passed major environmental laws, acid rain was destroying lakes and forests, polluted rivers were on fire and smog was choking people in some cities. The fallout from global warming, while subtle now, could eventually be even more dire. That prospect has Democrats pushing legislation that [...]

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White House Braces for Auto Makers Seeking Federal Funds

Full Story At  CNN.com WASHINGTON (CNN) — As auto giants General Motors and Chrysler face Tuesday’s deadline to submit plans to show the government how they can repay billions in federal loans, the White House is creating a Presidential Task Force on Autos to oversee the restructuring of the auto industry, a senior administration official [...]

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