Automotive News Feed » U.S. auto suppliers to seek new government aid

Tuesday 9 June 22:56:20 MDT 2009

U.S. auto suppliers, who negotiated federal loans earlier this year, plan to ask the Obama administration's auto task force this week for $8 billion to $10 billion in loan guarantees, Bloomberg reported today. [Link]

Automotive News Feed » Suppliers seek $10 billion in additional U.S. aid

Tuesday 9 June 22:56:18 MDT 2009

U.S. auto parts makers need at least $8 billion to $10 billion in additional federal aid to preserve the supply base and stave off more than 100 company insolvencies by 2010, a trade group told U.S. [Link]

Automotive News Feed » GM, Ford suffer as car sales sink deeper in Russia

Tuesday 9 June 22:56:17 MDT 2009

General Motors' Chevrolet brand and Ford Motor were among the biggest losers as the collapse in car sales in the Russia failed to find a bottom in May. Volume plunged 58 percent last month to 280,900, compared with May 2008. [Link]

Automotive News Feed » 2010 Chevrolet Equinox to emphasize fuel economy

Tuesday 9 June 18:34:00 MDT 2009

Unlike the previous generation which only came with a V-6 engine, the redesigned Equinox comes with a base 2.4-liter direct injected four-cylinder engine. Customers can get a V-6 option. [Link]

Automotive News Feed » Chrysler wins court approval to eliminate 789 dealerships

Tuesday 9 June 17:58:00 MDT 2009

Chrysler LLC won court approval today to cut a quarter of its U.S. dealerships, and a bankruptcy court judge rejected requests to delay the order until the U.S. Supreme Court rules on the sale of the company. [Link]

Automotive News Feed » Louisiana says new GM may not get a state business license

Tuesday 9 June 17:27:00 MDT 2009

When General Motors emerges from bankruptcy, the new GM and its surviving dealer network may not be granted licenses to do business in Louisiana, warns Lessie House, executive director of the Louisiana Motor Vehicle Commission. [Link]

Automotive News Feed » Whitacre rebuilt ATandT; next task is GM

Tuesday 9 June 17:00:00 MDT 2009

As the new chairman of General Motors, Ed Whitacre -- a 67-year-old, straight-talking Texan -- faces the unenviable task of overseeing the rebuilding of the automaker whose U.S. [Link]

msnbc.com: Autos » Auto suppliers want $8-$10B in financial help

Tuesday 9 June 16:21:14 MDT 2009

Struggling automotive parts suppliers plan to ask the U.S. Treasury Department for $8 billion to $10 billion in loan guarantees to help support their operations. [Link]

msnbc.com: Autos » China auto sales surge 47 percent in May

Tuesday 9 June 16:07:18 MDT 2009

China's passenger car sales shot up nearly 47 percent in May to 829,100 units, buoyed by tax cuts and other government incentives, the China Association of Automobile Manufacturers reported Tuesday. [Link]

msnbc.com: Autos » GM names former AT&T CEO new chairman

Tuesday 9 June 13:17:45 MDT 2009

A former CEO and chairman of AT&T Inc. will lead General Motors Corp.’s board after the automaker emerges from bankruptcy protection, GM said Tuesday. [Link]

msnbc.com: Autos » Italy's Fiat nabs Chrysler's ‘good’ assets

Tuesday 9 June 12:10:01 MDT 2009

Italy's Fiat is the new owner of the bulk of Chrysler's assets, closing a deal that saves the troubled U.S. automaker from liquidation and places a new company in the hands of Fiat's CEO. [Link]

Automotive News Feed » Business booms at doomed Chrysler stores one last time

Tuesday 9 June 11:31:45 MDT 2009

Stanley Balzekas Jr. had 100 new Chrysler and Jeep vehicles when Chrysler LLC informed him that his 83-year-old store in southwest Chicago would no longer be a Chrysler franchise. [Link]

Automotive News Feed » Cash-for-guzzlers bill to get U.S. House vote

Tuesday 9 June 11:31:44 MDT 2009

A bill to offer cash vouchers of up to $4,500 to people who swap cars and trucks for new, more fuel-efficient vehicles is scheduled to be voted on by the full House by 3 p.m. today, said a spokeswoman for Rep. Betty Sutton, D-Ohio. [Link]

Automotive News Feed » Ex-ATandT boss Whitacre to be chairman of the 'New GM'

Tuesday 9 June 11:31:43 MDT 2009

Edward Whitacre Jr., former chairman and CEO of telecommunications giant ATandT Inc., today was selected to become chairman of the new General Motors when the automaker emerges from bankruptcy. [Link]

Automotive News Feed » Valeo sees signs of recovery as automakers halt destocking

Tuesday 9 June 11:31:42 MDT 2009

Valeo on Tuesday said there were signs that destocking by carmakers was coming to an end but confirmed a gloomy outlook for 2009 amid a an unprecdented industry crisis." [Link]

Automotive News Feed » Detroit's small cars must accent luxury

Tuesday 9 June 11:31:38 MDT 2009

Running down the list, it seems that we still will have three U.S. automakers: the New General Motors, the New Chrysler Corp. and the Old Ford Motor Co. But the new Old Ford Motor Co. is a lot different from the old Old Ford Motor Co. [Link]

Automotive News Feed » VW will offer Autonet router as Routan option

Tuesday 9 June 11:31:37 MDT 2009

Volkswagen Group of America is hoping hot spots will heat up sales of its Routan minivan. The automaker will offer uconnect web, a mobile Internet router, as a dealer-installed option. The router is from equipment provider Autonet Mobile Inc. [Link]

Automotive News Feed » GM plans to send addendum to surviving dealers

Tuesday 9 June 11:31:36 MDT 2009

General Motors will be sending 4,100 of its surviving dealers an addendum to the participation agreement it wants them to sign by Friday. Dealers will receive the amended agreement by Federal Express Wednesday. [Link]

msnbc.com: Autos » Why GM and Chrysler want fewer dealers

Tuesday 9 June 9:28:18 MDT 2009

Here are some questions and answers about why GM and Chrysler are ending their franchise agreements with so many dealers. [Link]

msnbc.com: Autos » Newsweek: Why no one wins in Chrysler-Fiat deal

Tuesday 9 June 8:51:50 MDT 2009

So the Chrysler-Fiat deal is on hold. Maybe it should stay that way. The merger, while it looks good on paper, does not seem designed to serve either party very well. [Link]

Automotive News Feed » Marchionne undermines Chrysler liquidation threat, deal's foes say

Tuesday 9 June 7:03:00 MDT 2009

Fiat CEO Sergio Marchionne's comments that he wouldn't abandon an alliance with Chrysler undermine arguments that postponing the bankruptcy sale could lead to Chrysler's liquidation, three Indiana pension funds told the Supreme Court. [Link]

msnbc.com: Autos » Fiat: ‘Won't walk away from Chrysler’

Tuesday 9 June 6:53:26 MDT 2009

Italian automaker Fiat said Tuesday it will not turn its back on a deal to acquire a controlling stake in Chrysler despite a U.S. Supreme Court stay on the sale. [Link]

msnbc.com: Autos » Chrysler still faces massive challenge

Tuesday 9 June 6:27:32 MDT 2009

Chrysler may have sealed its alliance with Italy’s Fiat, but the automaker still faces the serious challenges, according to analysts. [Link]

Automotive News Feed » Porsche-Piech familes mull loosening control of sports car maker

Tuesday 9 June 3:46:00 MDT 2009

Porsche Automobil Holding SE is in talks to sell a stake to the Gulf state of Qatar in a deal that could pave the way for the Porsche and Piech families to give up full control over their business. [Link]

Automotive Headlines » Sweden Seeks Investment and Collaboration on Vehicle and Energy Storage Batteries

Tuesday 9 June 1:46:17 MDT 2009

[Link]

Automotive Headlines » Presented By:

Tuesday 9 June 1:46:16 MDT 2009

[Link]

Automotive Headlines » YRC Worldwide Recognized by EPA's SmartWay(TM) Transport Partnership for Fuel Efficiency and Environmental Sustainability

Tuesday 9 June 1:46:15 MDT 2009

[Link]

Automotive Headlines » GreenChek Manufacturing Update

Tuesday 9 June 1:46:14 MDT 2009

[Link]

Automotive Headlines » Research and Markets: China Listed Car Companies Report, 2008-2009 - Order Now

Tuesday 9 June 1:46:13 MDT 2009

[Link]

Automotive Headlines » HUGHES Telematics Announces Ticker Symbol Change to HUTC

Tuesday 9 June 1:46:12 MDT 2009

[Link]

Automotive Headlines » 2009 Infiniti G37 Review

Tuesday 9 June 1:46:11 MDT 2009

[Link]

Automotive Headlines » Presented By:

Tuesday 9 June 1:46:10 MDT 2009

[Link]

Automotive Headlines » 2009 Hyundai Santa Fe Review

Tuesday 9 June 1:46:09 MDT 2009

[Link]

Automotive Headlines » 2009 Hummer H3T Review

Tuesday 9 June 1:46:08 MDT 2009

[Link]

Automotive Headlines » Mazda3 Gets Best Retained Value Award

Tuesday 9 June 1:46:07 MDT 2009

[Link]

Automotive Headlines » 2009 Honda Odyssey Review

Tuesday 9 June 1:46:06 MDT 2009

[Link]

Automotive Headlines » 2009 GMC Sierra 1500 2WD Review

Tuesday 9 June 1:46:05 MDT 2009

[Link]

Automotive Headlines » Presented By:

Tuesday 9 June 1:46:04 MDT 2009

[Link]

Automotive Headlines » GM Opens Most Technologically Advanced Automotive Battery Lab In The United States

Tuesday 9 June 1:46:03 MDT 2009

[Link]

Automotive News Feed » Valeo's board wants Morin's golden parachute back

Tuesday 9 June 1:31:00 MDT 2009

Valeo's board of directors plans to ask shareholders for a "mulligan" today. The word come from golf and refers to the age-old practice of asking one's playing partners for another try after a really terrible shot. [Link]

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• About Used Cars Riverside’s Auto News Blog

  Used Cars Riverside’s automotive blog provideds news, information and commentary from some of the leading writers in the new and used car sectors of the automotive industries. National and local developments in the new and used car industry can be tracked on this blog. Feel free to email us to suggest an rss feed relevant to the used car and auto broker industries.