Heart defect killed boy at Traverse City water park ( Fri, 10 Oct 2008 20:22:00 +0200) LIVONIA -- The death of a 6-year-old Livonia boy Aug. 20 at a Traverse City water park was caused by an undiagnosed congenital heart problem, according to autopsy reports. Read more
Market meltdown makes GM buyout goal harder to reach ( Fri, 10 Oct 2008 21:25:00 +0200) The market meltdown will make it more difficult for General Motors to reach its goal for salaried employee buyouts. Beginning the week of Aug. 25, GM offered retirement and early retirement incentives to its salaried work force. Read more
Castroneves gets OK to race in Australia: ( Fri, 10 Oct 2008 21:47:00 +0200) Helio Castroneves can go to a race in Australia--for the moment. Read more
UPDATE 1-INTERVIEW-Ford CEO rules out bankruptcy, cash is focus ( Fri, 10 Oct 2008 21:49:47 +0200) (Adds comments from CEO, background, byline) By David Bailey DETROIT, Oct 10 (Reuters) - Ford Motor Co Chief Executive Alan Mulally on Friday ruled out Read more
US STOCKS-Wall St turns higher on G7 action hopes ( Fri, 10 Oct 2008 21:49:57 +0200) (Updates to show stocks cut losses and turned higher) NEW YORK, Oct 10 (Reuters) -U.S. stocks turned positive and the Dow industrials jumped more than Read more
U.S. Rep. Dingell to undergo knee replacement surgery ( Fri, 10 Oct 2008 19:37:00 +0200) WASHINGTON -- U.S. Rep. John Dingell, D-Dearborn, announced today he will have a total knee replacement on Tuesday. Read more
Market Skepticism Impacts November Output ( Fri, 10 Oct 2008 20:47:06 +0200) estimated production of 1,009,731 units in November marks a 24.1% decline from year-agos 1,330,086. Read more
New Mazda3 to Bow in L.A. ( Fri, 10 Oct 2008 19:44:55 +0200) Mazda will reveal a 5-door hatchback version for other parts of the world at a later date. Read more
Appeals court dismisses church's suit against Lenox Twp. ( Fri, 10 Oct 2008 16:22:00 +0200) LENOX TWP. -- An appeals court on Friday upheld a ruling by a federal judge in Detroit and dismissed a property dispute lawsuit filed by Grace Community Church against Lenox Township. Read more
US STOCKS-Global rout, bank woes roil Wall Street ( Fri, 10 Oct 2008 16:37:45 +0200) * Global markets sell off on credit, recession fears * S&P 500 trades below 900 mark, but off worst levels * Morgan Stanley, Goldman Sachs slide on rating Read more
VW revives lease incentive program ( Fri, 10 Oct 2008 17:29:00 +0200) Volkswagen Group of America is bringing back its sign-then-drive promotion to stimulate new-model leasing. Read more US STOCKS-Risk aversion, bank woes fuel tumultuous slide ( Fri, 10 Oct 2008 18:42:39 +0200) * Global markets sell off on credit, recession fears * Volatility sways market widely, between gains and losses * Morgan Stanley, Goldman Sachs slump Read more Michigan suspect in swimming shooting gets new lawyers ( Fri, 10 Oct 2008 13:54:00 +0200) MARINETTE, Wis. -- The man accused of shooting three teens to death near the Wisconsin-Michigan border has two new attorneys. Read more
GM Wont Rule Out Plastic Body Panels ( Fri, 10 Oct 2008 15:35:44 +0200) If ever there was a time to get back into plastic, now is the time, General Motors executive Maureen Midgley says at an automotive conference, in response to exorbitant increases in steel. Read more Nanos New Home in Gujarat on Fast Track ( Fri, 10 Oct 2008 15:35:54 +0200) The Sanand plant now will be designated the primary production site for the car, with an initial annual capacity of 250,000-300,000. Read more Detroit-area sailor killed in ship accident ( Fri, 10 Oct 2008 12:02:00 +0200) CLINTON TOWNSHIP -- A sailor from Macomb County was killed when he was struck by the wing of a fighter jet taking off from an aircraft carrier. Read more Plunging stocks pile pressure on G7 policymakers ( Fri, 10 Oct 2008 12:58:00 +0200) The world's economic powers faced huge pressure Friday to devise drastic remedies to revive the banking system and end panic selling in financial markets. Read more
Czech TPCA to boost car output despite global gloom ( Fri, 10 Oct 2008 13:31:56 +0200) By Martin Dokoupil PRAGUE, Oct 10 (Reuters) - Czech carmaker TPCA plans to boost production capacity by 20,000 to reach 340,000 cars next year despite Read more
Motor racing-Toyota wary of knee-jerk response to credit crisis ( Fri, 10 Oct 2008 14:33:46 +0200) By Alastair Himmer FUJI, Japan, Oct 10 (Reuters) - Any rushed response to the global credit crisis could do Formula One more harm than good, Toyota motorsport Read more
For Next-Gen HMI Design, Look No Further Than iPod, iPhone ( Fri, 10 Oct 2008 14:33:56 +0200) As the industry awaits Continentals next-generation HMI, it has in fact already witnessed Apples tremendous influence with the production version of the 11 Chevrolet Volt. Read more
Ford Suspends Global RWD Program; Australias Next Falcon in Doubt ( Fri, 10 Oct 2008 14:34:06 +0200) The next Falcon was to be part of Fords massive new program to replace its large cars with an all-new rear-wheel-drive architecture developed jointly in Dearborn and Melbourne. Read more
RPT-UPDATE 1-China car sales fall for 2nd month as economy ebbs ( Fri, 10 Oct 2008 11:27:56 +0200) (Repeats to more subscribers with no change in text) (Adds details, background; figures from Ford, VW) SHANGHAI, Oct 10 (Reuters) - China's passenger Read more
Amtel halts Russian plant on funding shortage-Ifax ( Fri, 10 Oct 2008 12:29:55 +0200) MOSCOW, Oct 10 (Reuters) - Russian-Dutch tyre manufacturer Amtel-Vredestein will shut its largest Russian plant for 10 days this month due to a shortage Read more US STOCKS-Futures briefly add losses after GE results ( Fri, 10 Oct 2008 12:30:05 +0200) NEW YORK, Oct 10 (Reuters) - U.S stock index futures briefly added to losses on Friday after General Electric , a diversified manufacturer and a Dow component, Read more German stocks - Factors to watch on Oct 10 ( Fri, 10 Oct 2008 08:21:06 +0200) FRANKFURT, Oct 10 (Reuters) - The DAX top-30 index looked set to open 7.9 percent lower on Friday, according to pre-market data from brokers at 0608 GMT. Read more