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Europe's ailing auto industry looked to slash output further after dire October sales sent the market tumbling to its lowest level in years and forced GM's Opel unit to ask German taxpayers for a billion-dollar bailout. A report that European firms ...
Read moreEurope car sales plunge as GM's Opel seeks bailout - International Herald Tribune
Nov. 14 (Bloomberg) -- Iberdrola SA , Spain's biggest power company, and German car maker Bayerische Motoren Werke AG showed this week that Europe's corporate bond market is open for some borrowers, provided they're willing to pay. Company bond sales ...
Read moreIberdrola, BMW Lead Jump in Company Bond Sales to 11-Week High - Bloomberg
The credit crisis is forcing some of Europe’s biggest carmakers to throw large financial lifelines to their dealers. The increasing need to prop up dealerships will add to their managerial and financial burdens in an already gruelling year. However ...
Read moreEuropean car dealers thrown lifelines - Financial Times
MINNEAPOLIS (WCCO) ― A prominent Twin Cities car dealer is hundreds of millions of dollars in debt, according to his attorney, because his long time business partner has frozen his credit lines. Minnesota car dealership owner Denny Hecker has filed ...
Read moreCar Dealer Denny Hecker Sues Chrysler Financial - WCCO
Democrats may have been the big victors on Election Day. But the Republicans still in charge in the White House and representing a possibly immovable minority in the Senate may keep the U.S. auto industry from getting the help it needs before Barack ...
Read moreRepublicans to Detroit: Drop dead - MSNBC
MT. JACKSON — Brake failure caused a woman to crash her car into a church Monday afternoon near the intersection of Crooked Run and Senedo roads, state police said. Lee Ann Zirkle, 31, of Edinburg was driving a 2001 Chevrolet Malibu east on Crooked ...
Read moreBrake malfunction causes car crash - Northern Virginia Daily
The credit crunch is having a serious impact on used and new car sales, but for the consumer there are bargains aplenty as manufacturers and brokers drop their prices. New car buyers are getting some of the best deals they have ever seen, with ...
Read moreBargains & rip-offs - Money saving ideas - This is Money
Thus far the use of American taxpayers' dollars to (however one cares to phrase it) rescue, "bail out," lessen the troubles of, defer the bankruptcy of or otherwise assist, or create the impression of assisting, components of the finance industry is ...
Read moreFiscal Reckless Driving And The Proposed 'Big Three' Bailout - The Bulletin
"The K-9 alerted on everything," Fox said. "[There] was so much odor that he couldn't actually narrow it down to one or two spots." A bag of white powder was found in the ashtray, he said, but only a very small amount of pot was discovered. None of ...
Read moreN.J. band members arrested on I-81 - Northern Virginia Daily
A GRIM silence will descend on the planet's car factories this Christmas as the assembly lines stop and vehicles, normally made by the million every week, cease being built. Everywhere the lights will be switched off for longer than usual this ...
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