- NYT Reports General Motors And Chrysler In Merger Talks
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Oct 11, 2008
Automotive & Business
The reports say talks between GM and Cerberus Capital Management -- the company that owns most of Chrysler -- began getting serious about a month ago.
- Poor Forecast For Retail Sales
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Oct 9, 2008
Automotive & Business
Back-to-School shopping comes in second only to Christmas for retailers. Traditionally, it’s a time when they make most of their money for the year.
- GM Shares Fall 31 Percent
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Oct 9, 2008
Automotive & Business
GM shares closed at $4.76, down $2.15.
- Financial Crisis Hurting Auto Dealerships
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Oct 7, 2008
Automotive & Business
National Auto Dealers Association Chair Annette Sykora says the nation’s financial crisis will push as many as 700 vehicle retailers to close their doors.
- Dow Tumbles As Bailout Package Stalls
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Sep 29, 2008
Automotive & Business
The Wall Street reaction comes as the U.S. House of Representatives has tabled voting on a 700 billion dollar bailout package.