Archive for November, 2008

Monday, November 17th, 2008

Canadian Auto Workers GM agree on contract

The Canadian Autoworkers and General Motors tentatively agreed to a new labor contract on Thursday.
Union spokeswoman Shannon Devine said more details will be released later.
CAW President Buzz Hargrove announced late Wednesday they were close to deals with both GM and Chrysler after both said they were willing to meet the pattern of a deal the [...]

Monday, November 17th, 2008

Obama Calls for Aid to U.S. Auto Industry, With Conditions

President-elect Barack Obama said the government needs to provide help to U.S. automakers on condition that management, labor and lenders come up with a plan to make the industry “sustainable.”
Auto Show “For the auto industry to completely collapse would be a disaster in this kind of environment — not just for individual families but the [...]

Sunday, November 16th, 2008

Suspect Sought In Ocala Auto Shop Robbery

Marion County investigators obtained an arrest warrant for Domonique McBride, 26, from Ocala, who is wanted for armed robbery and burglary.
Earlier this month, a night watchman said a man, Auto Sales later identified as McBride, threw a cinder block into a window at an Ocala auto shop, and pointed a gun at his head.
McBride then [...]

Sunday, November 16th, 2008

MADD attacks Grand Theft Auto IV

The organization is calling on the Entertainment Software Ratings Board, the independent organization that assigns video-game ratings, to reclassify “GTA IV” as an Adults Only game. The action-driving game, which includes the ability to drive while intoxicated, Auto Insurance is currently rated Mature.
“We have a great deal of respect for MADD’s mission, but we believe [...]

Sunday, November 16th, 2008

Republicans Begin To Turn Against Detroit Bailout, Increases Chances of Bankruptcies

According to Reuters, “A top Republican senator says he will fight a Democratic plan to bail out U.S. automakers. The opposition by Sen. Richard Shelby and other GOP lawmakers raises doubts about whether the plan will pass in this week’s postelection session.”
Many analysts believe that GM will be too low on money by the time [...]

Saturday, November 15th, 2008

Republican Lawmaker Vows To Fight Auto Industry Bailout

A high-ranking Republican lawmaker is vowing to fight a Democratic plan to bail out the struggling U.S. auto industry.
the top ranking Republican on the Senate Banking, Housing and Urban Affairs Committee, said using any of the $700-billion economic rescue package to help the American auto industry stay in business would be a mistake.
Shelby said on [...]

Friday, November 14th, 2008

Wal-Mart invades, divides small town

Henry Moses, a proprietor of Moses and Moses Tobacconist & General Store, was working a fairly large midday cigar when I found him this week behind the front counter of his store, a place he calls Brooklyn’s second town hall.
His eyes grew a little wider and he took an extra long contemplative puff when I [...]

Friday, November 14th, 2008

Stocks Erase Losses With Late Rally

Stocks in the U.S. came off their lows and turned sharply higher Thursday afternoon, erasing the early losses that were spurred by a sharp rise in unemployment numbers and discouraging news from the retail, auto and technology sectors.
The news of the day offered few reasons to indicate equities should rally, but nonetheless bargain-hunters were appearing [...]

Friday, November 14th, 2008

AutoMart Refreshes Design to Reflect a Smarter Car Buying Process

AutoMart has unveiled updated print and online versions of their dealership exclusive car buying products to reflect a smarter and simplified car shopping process appealing to car buyers.
“AutoMart has established itself as an innovator since its inception,” said Joe George, President of Cox AutoTrader/AutoMart. “From free distribution of its print products back in 1994 to [...]

Friday, November 14th, 2008

Auto dealer donates canned food to charity

Employees of America’s Car Mart auto dealership in Muskogee collected canned food for the Gospel Rescue Mission through October.
The dealership, 1145 N. Main St., was part of the chain’s region-wide canned food drive.
In addition to the Muskogee dealership, America’s Car Mart locations in other cities collected nonperishable canned and boxed food items to help charities [...]