US-RESEARCH/ (NON-S&P500) ( Tue, 14 Oct 2008 01:51:54 +0200) --------------------------------------------------------------- - -------------- Jakks Pacific Piper Jaffray Raises to buy from neutral. --------------------------------------------------------------- Read more
UPDATE 1-CSM sees N. American auto output at 18-yr low ( Tue, 14 Oct 2008 01:52:14 +0200) (Adds background on significance, quotes and details from CSM forecast) DETROIT, Oct 13 (Reuters) - Forecasting service CSM Worldwide on Monday said it Read more
US-RESEARCH/ (NON-S&P500) ( Tue, 14 Oct 2008 00:50:02 +0200) --------------------------------------------------------------- - -------------- Jakks Pacific Piper Jaffray Raises t o buy from neutral. ---------------------------------------------------------------- Read more
Automakers could return to Congress for help ( Tue, 14 Oct 2008 00:50:12 +0200) By John Crawley WASHINGTON, Oct 13 (Reuters) - U.S. automakers could turn to Congress after the November election to try to expedite $25 billion in government-backed Read more
UPDATE 1-GMAC to limit car loans to buyers with good credit ( Mon, 13 Oct 2008 22:45:14 +0200) (Adds details on lending changes and background) DETROIT, Oct 13 (Reuters) - Auto finance and mortgage company GMAC said on Monday it would be more conservative Read more
UPDATE 1-US auto sales about same as last two months-Ford ( Mon, 13 Oct 2008 20:38:52 +0200) (Recasts, adds quotes from Ford executive, background) DETROIT, Oct 13 (Reuters) - U.S. auto industry sales are running at about the same level as they Read more
Mexico Sept auto production up 5.1 pct yr/yr ( Mon, 13 Oct 2008 20:39:02 +0200) MEXICO CITY, Oct 13 (Reuters) - Mexican auto production rose 5.1 percent in September compared to the same month in 2007, according to data released by Read more
UPDATE 1-Getrag says 'stunned' by Chrysler suit ( Mon, 13 Oct 2008 20:39:12 +0200) (Adds comments from Getrag, details on lawsuit) DETROIT, Oct 13 (Reuters) - German auto parts maker Getrag Transmission Manufacturing said on Monday it Read more
UPDATE 1-Honda to reduce U.S. production of Odyssey, Pilot ( Mon, 13 Oct 2008 20:39:22 +0200) (Adds Accord production details) DETROIT, Oct 13 (Reuters) - Honda Motor Co said on Monday it plans to reduce U.S. production of its Odyssey minivan and Read more Ford, Mazda Could Maintain Collaboration Without Equity Stake, Fields Says ( Mon, 13 Oct 2008 20:39:32 +0200) Ford isnt alone in trying to bulk up its coffers. Over the weekend, reports surfaced GM held discussions with Cerberus about swapping its remaining 49% stake in GMAC for Chrysler and, presumably, cash. Read more Manufacturers' chief wants expedited rules for federal loans ( Mon, 13 Oct 2008 20:55:00 +0200) John Engler, president of the National Association of Manufacturers, today called on the White House to ensure that rules for the $25 billion package in federal loan guarantees for the auto industry are completed before the next president is... Read more Chrysler lawsuit stunned transmission partner ( Mon, 13 Oct 2008 21:17:00 +0200) Chrysler LLC shocked executives of Getrag Transmission Manufacturing LLC with a lawsuit last week that could scuttle a $530 million joint-venture transmission plant in Indiana, a senior Getrag executive said today. Read more Nissan to Cut 1,500 Jobs in Spain ( Mon, 13 Oct 2008 21:43:13 +0200) Nissans Barcelona facility produces the Pathfinder and Navarra SUVs, as well as a range of light-commercial vehicles sold as the Nissan Primastar, Renault Trafic and Vauxhall/Opel Vivaro. Read more
Accord Launches in Lincoln as Honda Juggles N.A. Lines ( Mon, 13 Oct 2008 21:43:22 +0200) Honda says it should complete the shift of a majority of its V-6 Accord production to Alabama by mid-2009, opening up room for more 4-cyl. models at its Ohio plant. Read more
GMAC says it will restrict auto lending ( Mon, 13 Oct 2008 22:17:00 +0200) GMAC Financial Services said today that it no longer will lend money to vehicle buyers with credit scores lower than 700. The announcement means GMAC intends to deal only with the most creditworthy customers. Read more
Fields: U.S. sales about same as last two months ( Mon, 13 Oct 2008 19:00:00 +0200) U.S. auto industry sales are running at about the same level as they have the last two months, and Ford Motor Co. remains committed to matching capacity with demand, a senior executive said today. Read more Honda to shift V-6 Accords to Alabama from Ohio ( Mon, 13 Oct 2008 18:39:00 +0200) Honda will shift production of V-6 Accord sedans from its Marysville Auto Plant in central Ohio to its Lincoln, Ala., factory as the automaker reacts to changing market demand. Read more Wayne State expands presence in Macomb County ( Mon, 13 Oct 2008 17:16:00 +0200) WARREN -- Wayne State University and Macomb Community College are teaming up to create a new learning center that will offer programs focused on technology and business, officials with the two schools said today. Read more Poll: Oakland County's Patterson holds wide lead over Lawrence ( Mon, 13 Oct 2008 17:22:00 +0200) Oakland County Executive L. Brooks Patterson holds an overwhelming lead over his opponent, Brenda Lawrence, according to results from a Mitchell poll released today. Read more Obama in Toledo: Double loan guarantee for U.S. automakers ( Mon, 13 Oct 2008 17:32:00 +0200) TOLEDO -- Barack Obama is calling on Congress to double the loan-guarantee package it extended last month to the auto industry as part of a package of proposals to address the nation's struggling economy. Read more GM to Close Janesville Truck Plant Dec. 23 ( Mon, 13 Oct 2008 17:32:11 +0200) Light-duty truck sales through September are off 20.6% compared with the same period last year, according to data. Read more
S&P keeps GM, GMAC on review for possible downgrade ( Mon, 13 Oct 2008 16:29:06 +0200) NEW YORK, Oct 13 (Reuters) - Standard & Poor's said on Monday it is keeping its ratings on General Motors Corp and its finance arm GMAC LLC on review Read more
Nissan axes 1,680 jobs in Barcelona ( Mon, 13 Oct 2008 16:29:16 +0200) MADRID, Oct 13 (Reuters) - Japanese car maker Nissan said on Monday it was cutting 1,680 jobs at its factory in Barcelona because of weak demand, particularly Read more
UPDATE 1-GM to close Wisconsin SUV plant by year-end ( Mon, 13 Oct 2008 16:29:26 +0200) (Adds quote from GM spokesman, background on Ohio plant closure) DETROIT, Oct 13 (Reuters) - General Motors Corp said on Monday it would close its Janesville, Read more GM to close Wisconsin SUV plant by year-end ( Mon, 13 Oct 2008 15:00:00 +0200) DETROIT (Reuters) -- General Motors said today it would close its Janesville, Wis., assembly plant by year-end in response to slumping demand for the full-size SUVs it manufactures. Read more