Truemors
is reporting from
Member
NP Rank:
NP Rank:
The NEW GM !
Allll riiiigght! America's heavyweight automaker has reentered the fray, "leaner and meaner", we hope! At least, that's what's been reported by the Associated Press. So,... USA: Minnesota Auto Mogul Hecker HQ Raided for Possible Fraud
" June 2009 | by Eric Kelsey The Minnesota State Patrol raided Denny Hecker Automotive Group headquarters in St. Louis Park, along... 177 views | 0 recommendations | 0 comments
Grandstand collapses at Columbus Speedway: 6 injured
Part of the second level of the grandstand at the Columbus Speedway has collapsed at about 5:15pm today: six people are reported as injured and at least one person is still trapped in the rubble. "Numerous medics and rescue squads were on the scene at 1845 Williams Rd. in... Think I'll use the drive through
A woman who works at a petrol station in Livingston, West Lothian, Scotland rammed her customers car into the front of the petrol station as she helped the disabled person.She didn't notice the car was an automatic... Toyota Cutting Executive Salaries and Offering Buyouts
Toyota Motor Corp. has decided to further cut North American production, cut executive compensation by 30% and offer buyouts to 18,000 workers. This is in light of the slumping economy that has hit... Nissan to slash 20,000 jobs
Japanese auto maker Nissan has also become victims of economic slum and due to low sales decided to cut 20,000 jobs worldwide which is 8.5% of its workforce over the next one year. The Nissan also announced an... Ford teams with Magna to develop All-Electric Car
" DETROIT — Magna International Inc. is making a big leap into the electric vehicle age with a strategic alliance with Ford Motor Co. to supply key engine components for a new battery-powered vehicle. The... Canada: Steep Sales Drop in 2008 for Detroit Three
Toronto - For the first time in history, less than half the vehicles sold in Canada in 2008 were produced by the Detroit Three automakers. " Foreign automakers sold 51.2 per cent of vehicles in Canada last year, the first time that the market share of the Detroit Three... Toyota Forecasts Its First Operating Loss in 71 Years
Amazingly enough, it is not just troubles found at the “Big Three” that may have an effect at motorsports most visible pursuit – NASCAR! Nearly 50 teams rely on millions of dollars in supplies and...
created by Edmund Jenks | 45 wks ago | updated 45 wks ago
301 views | 53 recommendations | 11 comments
301 views | 53 recommendations | 11 comments
Chrysler to Shut Factories for a Month
Us auto makers need to change the whole industry. If they don't make major changessoon the entire industry will be closed andall cars will be imported. A bailout will not work f they... Harry Reid says Congress Will Vote on $15B Auto Bailout, Despite Republican ...
Senate Majority Leader, Harry Reid says there will be a vote on the Auto Bailout dispite Congressional Republican Opposition. The vote will be today or Wendsday."Congress and the White House are working... Ford Motor Company Statement on Proposed Congressional Automotive Industry Bill
I offer the following straight off the Ford PR presses."DEARBORN, Mich., Dec. 8 – As we told Congress, Ford is in a different position. We do not face a near-term liquidity issue, and we will not be seeking a short term bridge loan. But Ford fully supports an effort to... Bush, Democrats seek to finalize auto bailout
"– White House and congressional negotiators sought on Sunday to remove remaining differences over an emergency rescue for the struggling auto industry, a stark symbol of the deepening U.S. economic crisis. ...Employers cut 533K jobs in Nov., most in 34 years
"Employers cut 533K jobs in Nov., most in 34 years Dec 5, 2008 Economy Dec 5, 3:22 PM (ET) By JEANNINE AVERSA WASHINGTON (AP) - Skittish employers slashed 533,000 jobs in November, the most in 34 years,... Stocks Biggest Week Ever Since 1974 and Auto Bailout Nearing
"U.S. stocks gained, capping the biggest weekly advance for the Standard & Poor’s 500 Index in 34 years, on speculation that government bailouts will shore up the economy."The S&P 500 soared by more than...
Recent Comments
Top Members Today
Top Rookies
Top Veterans
58
pointsJenn06188
Absecon, United States
30
pointskielnhofer
Linz, Austria- 20
pointsBuppha
Phuket, Thailand
