Jury finds ex-Hayes Lemmerz execs liable for fraud ( Thu, 21 Aug 2008 21:53:55 +0200) WASHINGTON, Aug 21 (Reuters) - A federal jury has found the former chief executive and chief financial officer of auto parts manufacturer Hayes Lemmerz Read more
Images of All-New Chevy Cruze Compact Hint at Success for GM ( Thu, 21 Aug 2008 20:52:06 +0200) Pricing perhaps will play the greatest role in the CruzeÂ’s success stateside, analysts say. Read more
Former People Mover staffers file whistle-blower lawsuit against city ( Thu, 21 Aug 2008 18:50:00 +0200) DETROIT -- Two former Detroit People Mover employees, including its former maintenance director, sued the city of Detroit in federal court Thursday, alleging they were retaliated against for complaining that maintenance on the downtown elevated train was "at unacceptable and unsafe levels." Read more Abortion clinic cited for improper disposal ( Thu, 21 Aug 2008 18:32:00 +0200) LATHRUP VILLAGE - - A 12-count warrant has been issued against a Lathrup Village abortion clinic for improperly disposing of medical records, according to Southfield's 46th District Court. Read more Livonia boy, 6, dies in accident at Traverse City water park ( Thu, 21 Aug 2008 18:02:00 +0200) A 6-year-old Livonia boy died Wednesday after what appears to be a freak accident at the Great Wolf Lodge in Traverse City. Read more
General Motors to detail plans for Ohio plant ( Thu, 21 Aug 2008 17:45:10 +0200) LORDSTOWN, Ohio — The head of General Motors Corp. is coming to northeast Ohio to show off photos of the new compact car that will be built at the plant near Youngstown. Read more
1994 rape solved but suspect won't face charges in case ( Thu, 21 Aug 2008 16:42:00 +0200) CLINTON TOWNSHIP -- Macomb County Prosecutor Eric Smith said Thursday he plans to bring new charges against a man suspected of raping a Clinton Township woman in 1994. Read more
Faurecia Stands Fast, Despite North American Travails ( Thu, 21 Aug 2008 16:43:20 +0200) The French supplier racked up big losses globally and in North America from 2004 to 2006. The losses continued in 2007, but restructuring efforts have stanched the bleeding. Read more GM goes solar at transmission plant ( Thu, 21 Aug 2008 16:12:00 +0200) General Motors said today that it is installing enough solar panels at its transmission assembly plant in White Marsh, Md., to replace 40 percent of the power the plant gets from the local utility. Read more Schaeffler agrees to limit Continental stake ( Thu, 21 Aug 2008 15:40:12 +0200) Auto parts maker Continental AG said Thursday it had ended a weeks-long standoff over a takeover bid from smaller rival Schaeffler KG and reached a deal after Schaeffler raised its offer and agreed to limit itself to a minority stake. Read more Thai Company Offering E85, Despite Dearth of Flex-Fuel Vehicles ( Thu, 21 Aug 2008 15:39:37 +0200) The government is backing the introduction of E85 by eliminating import tax for flex-fuel vehicles and offering tax incentives for local production. Read more FACTBOX-European sector gainers, losers since oil's retreat ( Thu, 21 Aug 2008 15:39:07 +0200) Aug 21 (Reuters) - Falling commodity prices over the past five weeks have triggered a sharp sector rotation among European stocks, with consumer-related Read more
Usher to campaign in Detroit for Obama ( Thu, 21 Aug 2008 15:34:00 +0200) DETROIT -- R&B star and Barack Obama supporter Usher will rally Obama campaign volunteers this afternoon. Read more
General Motors CEO to detail plans for Ohio plant ( Thu, 21 Aug 2008 14:38:09 +0200) LORDSTOWN, Ohio — The head of General Motors Corp. is coming to northeast Ohio to show off photos of the new compact car that will be built at the plant near Youngstown. Read more
UPDATE 2-Canada July inflation rate highest since 2003 ( Thu, 21 Aug 2008 14:37:03 +0200) (Adds analysts, market reaction, background) By Louise Egan OTTAWA, Aug 21 (Reuters) - Soaring gasoline prices drove Canada's inflation rate in July to Read more
Perry will not stand trial for third time ( Thu, 21 Aug 2008 14:32:00 +0200) PONTIAC -- A kindergarten teacher whose sexual assault conviction was overturned by a judge will not stand trial a third time on charges he molested two boys. Read more
REVS: Old-Time Driver's Time: Vintage watches connect you to a daredevil past--while helping you ke ( Thu, 21 Aug 2008 09:30:00 +0200) Even as gentlemen of the early 20th century embraced the automobile as the ultimate status symbol, a new and unusual problem emerged on the world's tragically unpaved roads. Read more
REVS: Summer Reading: ( Thu, 21 Aug 2008 09:30:00 +0200) By Gordon Kirby, softbound, 263 pages, CMG Publishing, www. crashmediagroup.com, $40. With his four Indianapolis 500 victories, Rick Mears cemented his place in open-wheel history among the all-time greats. Read more
Italian Stocks - Factors to watch on Aug 21 ( Thu, 21 Aug 2008 09:25:35 +0200) MILAN, Aug 21 (Reuters) - The following factors could affect Italian markets on Thursday. Reuters has not verified the newspaper reports, and cannot vouch Read more UPDATE 3-Continental, Schaeffler agree minority deal ( Thu, 21 Aug 2008 08:23:54 +0200) (Recasts with analyst reaction and background) By Sylvia Westall FRANKFURT, Aug 21 (Reuters) - German car parts group Continental agreed unwanted suitor Read more FACTBOX-Five facts about Germany's Continental ( Thu, 21 Aug 2008 08:23:34 +0200) Aug 21 (Reuters) - Germany's Continental AG has ended its feud with Schaeffler Group and agreed to accept the family-owned bearings maker as its top shareholder. Read more FACTBOX-Five facts about Germany's Schaeffler Group ( Thu, 21 Aug 2008 08:23:24 +0200) Aug 21 (Reuters) - German family-owned bearings maker Schaeffler is set to become the biggest shareholder in German car component and tyre maker Continental Read more
FACTBOX-The world's largest car parts suppliers ( Thu, 21 Aug 2008 08:23:14 +0200) Aug 21 (Reuters) - German bearings maker Schaeffler Group is set to become the controlling shareholder of automotive supplier Continental AG under a deal Read more
Auction news: Top bidder gets a 1961 Ferrari for $4.5 million ( Thu, 21 Aug 2008 08:22:26 +0200) Eleven cars sold for more than $1 million, and a 1961 Ferrari 250 GT SWB Berlinetta was the biggest attraction at an auction in Monterey, Calif., last weekend. Read more
Ford employees test future cars ( Thu, 21 Aug 2008 08:21:56 +0200) Ford Motor Co. has been shuttling hundreds of employees and retirees to its top-secret test track almost every afternoon, to drive the company's promising vehicles of the future. Read more
Abortion clinic cited for improper disposal 
Faurecia Stands Fast, Despite North American Travails 
FACTBOX-European sector gainers, losers since oil's retreat 
Perry will not stand trial for third time 
UPDATE 3-Continental, Schaeffler agree minority deal 
Auction news: Top bidder gets a 1961 Ferrari for $4.5 million 
