Bush urges Congress to act on auto aid ( Fri, 21 Nov 2008 23:12:58 +0100) LIMA, Nov 21 (Reuters) - U.S. President George W. Bush urged Congress on Friday to give struggling automakers access to $25 billion in already appropriated Read more
White House supports compromise on auto aid ( Thu, 20 Nov 2008 22:15:46 +0100) WASHINGTON, Nov 20 (Reuters) - President George W. Bush could support a compromise bill to bail out the auto industry and Congress should pass it as soon Read more
REFILE-WRAPUP 2-PSA cuts more jobs, Sarkozy vows to help sector ( Thu, 20 Nov 2008 16:58:34 +0100) (Corrects story link in 4th paragraph) * PSA Peugeot Citroen to cut up to 3,550 jobs * French President vows help for struggling carmakers * 2 bln euros Read more WRAPUP 1-Peugeot cuts more jobs, Sarkozy vows to help carmakers ( Thu, 20 Nov 2008 13:52:37 +0100) * Peugeot Citroen to cut 2,700 jobs * French President vows help for struggling carmakers * 2 bln euros ($2.5 bln) package planned by EIB -govt paper Read more
UPDATE 1-Peugeot to cut jobs, sees 2009 car sales drop ( Thu, 20 Nov 2008 09:43:49 +0100) * To cut 2,700 jobs * Says if no action, group future would be endangered * shares down 3.3 percent (Adds detail) PARIS, Nov 20 (Reuters) - French carmaker Read more RPT-UPDATE 1-Peugeot to cut jobs, sees 2009 car sales drop ( Thu, 20 Nov 2008 09:44:19 +0100) (Repeats to widen distribution) * To cut 2,700 jobs * Says if no action, group future would be endangered * shares down 3.3 percent PARIS, Nov 20 (Reuters) Read more
Obama picks chief of economic policy team ( Wed, 19 Nov 2008 18:17:00 +0100) Daniel Tarullo, a Georgetown University professor mentioned as a possible "auto czar" in the Obama administration, will lead the Obama transition effort's economic policy team. Read more
UPDATE 1-Ohio senator wants auto deal by end of Wednesday ( Wed, 19 Nov 2008 19:59:33 +0100) WASHINGTON, Nov 19 (Reuters) - Sen. George Voinovich of Ohio, whose state could be devastated by a collapse of the U.S. auto industry, said on Wednesday Read more
Ga. state senator bids for flagship Heard store ( Mon, 17 Nov 2008 20:25:00 +0100) A Georgia state senator has filed a bid for the flagship store of bankrupt dealership group Bill Heard Enterprises Inc. On Friday, Nov. 14, Sen. Emanuel Jones bid $12.5 million for the store in Columbus, Ga. Read more
Sime Darby to Distribute Ssangyong Cars in Oz ( Fri, 14 Nov 2008 13:57:05 +0100) Malaysian-based Sime Darby acquired the Peugeot-brand distribution rights in Australia in 2001. Read more
Reports say law professor is Obama car czar ( Wed, 12 Nov 2008 16:28:00 +0100) Daniel Tarullo is a law professor at Georgetown University and an expert on international economics. Read more
Two more Heard stores attract bids ( Wed, 12 Nov 2008 04:01:00 +0100) An auction today has named Carl Black Auto Group, of Georgia, and Ed Bozarth, owner of four dealerships in Kansas and Colorado, as buyers of two more Bill Heard Enterprises Inc. stores, turnaround consultant Fred Caruso says. Read more Ex-MSU coach Perles to run for governor ( Wed, 12 Nov 2008 05:07:00 +0100) George Perles, former Michigan State University football coach and athletic director, will soon be vying for your vote. Perles said Tuesday he intends to run for governor in 2010 as a Democrat, trying to succeed the term-limited Gov. Jennifer Granholm. Read more
Former MSU football coach Perles to run for governor ( Tue, 11 Nov 2008 22:52:00 +0100) George Perles, former Michigan State University football coach and athletic director, will soon be vying for your vote. Read more Two more Heard stores attract bids ( Tue, 11 Nov 2008 21:20:00 +0100) An auction today has named Carl Black Auto Group, of Georgia, and Ed Bozarth, owner of four dealerships in Kansas and Colorado, as buyers of two more Bill Heard Enterprises Inc. stores, turnaround consultant Fred Caruso says. Read more Lear CEO buys more stock, writes Bush ( Tue, 11 Nov 2008 20:37:00 +0100) Lear Corp. CEO Bob Rossiter is circling the wagons for his Detroit 3 customers. On Monday, he wrote to President George Bush, encouraging the president to provide federal assistance to the automakers during their cash crisis. Read more UPDATE 1-White House denies quid-pro-quo on trade, autos ( Tue, 11 Nov 2008 18:16:36 +0100) (Updates with quotes, details) NEW YORK, Nov 11 (Reuters) - The White House said on Tuesday President George W. Bush did not link support for economic Read more
UPDATE 1-White House says Bush says didn't link trade, autos ( Tue, 11 Nov 2008 18:16:46 +0100) (updates throughout, adds byline; previous CHICAGO) By Jeremy Pelofsky NEW YORK, Nov 11 (Reuters) - The White House said on Tuesday President George W. Read more
White House denies quid-pro-quo on trade, autos ( Tue, 11 Nov 2008 17:14:57 +0100) NEW YORK, Nov 11 (Reuters) - The White House on Tuesday said on Tuesday President George W. Bush did not link potential support for economic stimulus Read more
Obama asked Bush for help for auto industry ( Tue, 11 Nov 2008 16:11:53 +0100) CHICAGO, Nov 11 (Reuters) - U.S. President-elect Barack Obama urged President George W. Bush to pass a second stimulus package to help the U.S. economy Read more Obama urges Bush to offer immediate aid to ailing Detroit 3 ( Tue, 11 Nov 2008 13:00:00 +0100) CHICAGO (Reuters) - U.S. President-elect Barack Obama urged President George W. Bush to pass a second stimulus package to help the U.S. economy and asked him to use existing bailout measures to help the ailing auto industry, an aide said on Tuesday. Read more Emanuel Jones seeks Heard store in Ga. ( Fri, 07 Nov 2008 20:24:00 +0100) Georgia State Sen. Emanuel Jones has filed a bid to purchase the Bill Heard Enterprises Inc. store in Buford, Ga. Read more
Ford plans more production cuts in Q4 ( Mon, 03 Nov 2008 21:20:00 +0100) Ford Motor Co. is poised to cut North American production of cars and crossovers during the fourth quarter, sales analyst George Pipas said today. Read more
Fourth Heard store has possible buyer ( Fri, 31 Oct 2008 16:48:00 +0100) Carl Black -- who owns five new- and two used-vehicle dealerships in Florida, Tennessee and Georgia -- has bid to buy the Bill Heard Enterprises Inc. store in Kennesaw, Ga. The proposed sale, filed late Wednesday with the U.S. Read more
Michigan, Nevada homeowners lead country in 'underwater' mortgages ( Fri, 31 Oct 2008 12:12:00 +0100) Homeowners in Michigan, Nevada, California, Arizona, Florida and Georgia account for nearly 60 percent of all homeowners who owe more to the bank than their homes are worth. The new data underscores the staggering scope of the U.S. housing recession, but also the challenges that government officials face. Read more
