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Backseat Driver: Low fuel prices bring limited relief

2:53 PM Fri, Nov 21, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Now gas prices have really fallen, will there be an increase in demand for bigger vehicles? I don't think so because the average consumer is......

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 Tags  commentary   fuel prices   oil prices  

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Backseat Driver: The Big Three and the future

2:31 PM Fri, Nov 21, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

Should the Big Three U.S. automakers be given a bailout from the government or should they be allowed to go bankrupt? This debate has been......

>> Continue reading Backseat Driver: The Big Three and the future

 Tags  Auto industry   bailout   Chrysler   commentary   ford   General Motors  

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GM to announce more production cuts - AP

10:04 AM Fri, Nov 21, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- General Motors Corp. is telling workers that it will make further production cuts at several factories, according to people briefed on the discussions,......

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 Tags  General Motors  

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Congress wants business plan from automakers

2:11 PM Thu, Nov 20, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

WASHINGTON -- Congressional officials say Democratic leaders have decided to put off a bailout vote for the auto industry until December and will insist that......

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 Tags  auto industry   bailout   Chrysler   ford   General Motors  

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Waxman topples Dingell for key panel chair

11:31 AM Thu, Nov 20, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

WASHINGTON -- Rep. Henry Waxman - a liberal ally of Speaker Nancy Pelosi - will take over the chairmanship of the powerful House Energy and......

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 Tags  auto industry   legislation  

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Oil hits 3-year lows; gas less than $2 half of US

11:00 AM Thu, Nov 20, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

COLUMBUS, Ohio - Oil prices have hit levels not seen in more than three years and retail gasoline prices are below $2 in nearly half......

>> Continue reading Oil hits 3-year lows; gas less than $2 half of US

 Tags  gas prices   Oil prices  

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GMAC files for bank holding status

11:00 AM Thu, Nov 20, 2008 | | Write a comment
By Peter C. T. Elsworth    Email

DENVER -- GMAC Financial Services has applied to become a bank holding company, which would allow General Motors' financing arm to be eligible for aid......

>> Continue reading GMAC files for bank holding status

 Tags  auto industry   financing  

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