Daimler says has "extremely comfortable" liquidity ( Tue, 07 Oct 2008 10:28:12 +0200) FRANKFURT, Oct 7 (Reuters) - Daimler AG played down on Tuesday any immediate impact from the credit crisis and said it had an "extremely comfortable" Read more
UK manufacturing posts longest losing streak since 1980 ( Tue, 07 Oct 2008 10:28:22 +0200) LONDON, Oct 7 (Reuters) - British manufacturing output fell more than expected and for a sixth consecutive month in August to register its longest losing Read more
Ford white-collar cuts go deep ( Tue, 07 Oct 2008 08:18:09 +0200) Younger current and former white-collar workers at the still family-controlled Ford seem to be particularly troubled by the historic contraction of the U.S. auto industry and relentless pressure of foreign competitors, especially Toyota Motor Corp. and Honda Motor Co. Read more
Springsteen rallies for Obama in Ypsilanti ( Tue, 07 Oct 2008 06:00:00 +0200) Bruce Springsteen took the stage Monday on the third stop of his Vote for Change 2008 mini-tour for Sen. Barack Obama's presidential campaign. Read more 2 accused in alleged odometer fraud ( Tue, 07 Oct 2008 06:00:00 +0200) ROCHESTER -- Two employees at a Ford dealership allegedly found a creative yet illegal way to sign up leases at their dealership, investigators say: They gave customers odometer switches that misrepresented the number of miles driven. Read more
Book Cadillac makes a comeback ( Tue, 07 Oct 2008 06:12:00 +0200) The Westin Book Cadillac Detroit Hotel and Residences swung open its glass doors Monday, with high hopes that nostalgia and an extraordinary $200 million renovation will allow this iconic building to thrive once again. Read more
Ex-Cobo Center boss pleads guilty in bribery case ( Tue, 07 Oct 2008 06:12:00 +0200) Glenn Blanton, the second former Cobo Center director this year to admit to taking bribes from a Cobo contractor, pleaded guilty in federal court Monday to obstruction of justice. Read more
Teachers stay out; talks go on ( Tue, 07 Oct 2008 06:17:00 +0200) Classes are canceled again today for 13,300 students in the Wayne-Westland Community Schools, the second day of a teacher walkout over health care benefits and class size. Read more
Asia Platinum-Investors resurface but poor outlook weighs ( Tue, 07 Oct 2008 07:20:39 +0200) By Lewa Pardomuan SINGAPORE, Oct 7 (Reuters) - Investors rushed to buy platinum after prices tumbled to a three-year low on Monday, but poor demand from Read more
Turkey - Factors to Watch on Oct 7 ( Tue, 07 Oct 2008 07:20:59 +0200) ISTANBUL, Oct 7 (Reuters) - Here are news stories, press reports and events which could affect Turkish financial markets on Tuesday. Istanbul's main share Read more
INTERVIEW-UPDATE 1-Tat Hong says slowdown will hit 2010 profit ( Tue, 07 Oct 2008 07:21:09 +0200) * Slowing economy will curb profits in 2010 * Will meet profit forecast of S$96 million this year * Eyeing rental acquisitions worth up to S$50 million Read more
Salesman faces court, accused of odometer fraud ( Tue, 07 Oct 2008 04:57:06 +0200) A 41-year-old car salesman at Huntington Ford in Rochester Hills faces a court hearing today for allegedly installing switches that let lease-car drivers shut off their cars odometers to understate the mileage they drove. Read more
Digital lifestyle changes NZ inflation barometer ( Tue, 07 Oct 2008 01:08:22 +0200) WELLINGTON, Oct 7 (Reuters) - The digital age has caught up with New Zealand's inflation barometer, with music downloads and car satellite units replacing Read more
Macomb residents can register to vote until midnight ( Mon, 06 Oct 2008 22:38:00 +0200) MOUNT CLEMENS -- Macomb County residents who were unable to register to vote by 5 p.m. today for the presidential election still have time ahead of the deadline. Read more
Springsteen rallies for Obama in Ypsilanti ( Mon, 06 Oct 2008 22:52:00 +0200) YPSILANTI -- "Hello, Ypsilanti. Glad to be here, don't know how to spell it, though," Bruce Springsteen quipped as he took the stage at 4:50 p.m. Monday on the third stop of his Vote for Change 2008 rallies for Sen. Barack Obama. Read more
Accident on I-96 snarls rush hour ( Mon, 06 Oct 2008 23:44:00 +0200) The commute home this evening was a little longer for motorists on the eastbound Interstate 96 at M-39 (the Southfield Freeway). Read more
Audi confirms it's unlikely to reach 2008 sales goal ( Mon, 06 Oct 2008 20:24:00 +0200) Audi of America chief Johan de Nysschen doesn't expect the automaker to reach its sales goal of 100,000 units this year. Read more
09 Volkswagen Jetta TDI the Peoples Diesel ( Mon, 06 Oct 2008 20:55:06 +0200) The clean-diesel sedan and SportWagen offer a 40-mpg, low-emissions alternative to hybrids without sacrificing driving fun. Read more VIDEO: '60 Minutes' profiles race between Detroit, Silicon Valley for viable electric car ( Mon, 06 Oct 2008 21:43:15 +0200) Look out, Detroit: Here comes Silicon Valley. Read more MSN blog: A Pontiac that gets 133 m.p.g.? One man says he made it happen ( Mon, 06 Oct 2008 21:43:45 +0200) Imagine driving your car 133 miles per gallon. According to a blog at MSN.com, youd need to modify the exterior and interior, including dumping a few seats. And it helps to live in a rural area, whose light traffic allows for a low average speed. Read more Rochester Hills car salesman faces court today over odometer fraud ( Mon, 06 Oct 2008 21:44:15 +0200) A 41-year-old car salesman at Huntington Ford in Rochester Hills faces a court hearing today for allegedly installing switches that let lease-car drivers shut off their cars odometers to understate the mileage they drove. Read more Fitch cuts Ford deeper into junk ( Mon, 06 Oct 2008 19:30:00 +0200) Fitch Ratings on Monday cut the issuer default ratings of Ford Motor Co. and Ford Motor Credit further into junk bond status, citing concerns about the credit market's impact on car sales. Read more Former Cobo director pleads guilty to obstruction of justice ( Mon, 06 Oct 2008 19:52:00 +0200) DETROIT -- Glenn Blanton, the second former Cobo Center director this year to admit to taking bribes from a Cobo contractor, pleaded guilty in federal court Monday to obstruction of justice. Read more Williams re-signs Nakajima: ( Mon, 06 Oct 2008 18:24:00 +0200) The Williams Formula One team extended the contract of Japanese driver Kazuki Nakajima for at least one more season. Read more DEI loses Menard sponsorship: ( Mon, 06 Oct 2008 18:25:00 +0200) NASCAR driver Paul Menard will take his father's considerable sponsorship clout to Yates Racing next year, another blow to the deteriorating environment at Dale Earnhardt Inc. Read more