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 [...]
U.S. automakers, now facing their worst sales slump in 15 years, are nervously eyeing world trade talks they fear could open the U.S. market to more imports without giving their exports a boost.
“We’re worried about the direction it’s taking,” Steve Collins, president of the Automotive Trade Policy Council, which represents General Motors Corp, Ford Motor [...]
The Stater Bros. Route 66 Rendezvous has just released the official 2008 Route 66 Rendezvous souvenir T-shirt which features local vehicles that participate in the Rendezvous being held September 18 - 21, 2008 on the downtown streets of San Bernardino. Artwork design was done by California Casuals Sportswear, Inc. of San Bernardino. The shirts are [...]
Tokyo stocks rose sharply Monday as auto and electronics exporters got a lift from the strengthening dollar, which traded comfortably above 108 yen.
The Nikkei 225 index rose 380.64 points, or 2.7 percent, to 14,354.37.
Traders said investors may chase the market higher. Exporters in particular are benefiting from the dollar’s strength as worries over inflation raise [...]
In a front-page story two weeks ago, our reporter Sarah Portlock took a walk along the Fulton Mall shopping strip in Downtown Brooklyn and found that at least 11 chain stores have more than one location in that short eight-block stretch.
One store, Payless Shoes, has three!
Real-estate observers said that such saturation makes sense from a [...]
Southern New Mexico’s largest city has seen a lot of growth in the past decade. Where there used to be open desert, now hotels, restaurants, plazas and houses have sprung up in a variety of locales.
For years, residents on both the east and west sides of town have expressed interest in seeing more stores and [...]
Analysts were surprised by the soild increase in retail sales and noted that sales in April were also revised to show a respectable gain of 0.4 percent, instead of the original estimate that sales had fallen by 0.2 percent.
Ian Shepherdson, chief U.S. economist at High Frequency Economics, said one possible explanation was that consumers have [...]
Insurance rates are dropping for about 1.7 million Mercury auto and home policyholders in California.
The auto rate reductions are based partially on new state criteria that diminish the importance of the postal ZIP Code where a car is typically parked overnight.
California Insurance Commissioner Steve Poizner says “Mercury is exemplifying consumer-friendly and smart business practices by [...]
The hike in petrol, diesel prices will fuel a slowdown in the auto industry in the short-term, feel car majors like Maruti, Hyundai and Honda. And, it may spell good news for consumers in terms of lower prices and greater discounts from car makers, who will try to offset the negative impact on the industry, [...]
Used car buyers will be better protected from unfair traders after new laws came into force yesterday.
The Unfair Commercial Practices Directive harmonises trader laws in all European Union states.
Any breach in providing adequate information to a customer in order to allow them to make an informed decision could lead to a fine of up to [...]
