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Last updated: 11:26:31 Monday Jul 7, 2008


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Business36884
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Automotive 1611
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Automotive



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  • Daimler AG 3
  • Chrysler LLC 230
  • DaimlerChrysler 3
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  • 2008 U.S. Automakers Downturn 18
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  • Afghan Terror War 6
  • Formula One 5
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  • Daytona 500 4
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  • GM said to consider more cuts as market shrinks
    DETROIT - General Motors Corp. may get rid of some brands, speed the introduction of small cars from other markets and make further white-collar job cuts as it tries to deal with a shrinking U.S. auto market.   Activities:2008 U.S. Automakers Downturn   Source:(AP)   2008-07-07

    Hyundai cuts, Kia lifts domestic sales target
    SEOUL (Reuters) - Hyundai Motor Co (005480.KS), South Korea's top auto maker, said on Sunday it had cut its local sales target for this year by 6 percent as record-breaking oil prices are hitting consumer sentiment in Asia's fourth-largest economy.   Nations:South Korea   Source:(Reuters)   2008-07-06

    Auto sector woes could spur deals: Renault CEO
    AIX-EN-PROVENCE, France (Reuters) - A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday.   People:Kirk Kerkorian   Activities:2008 U.S. Automakers Downturn   Source:(Reuters)   2008-07-06

    Ruined by 401[k] Predators
    Stan Morrill was confident his nestegg would provide for him and his wife for the rest of their lives. After all, the Eastman Kodak veteran, a factory worker for 31 years, had attended the free financial seminar recommended to him by co-workers.   Nations:U.S.   Source:(BusinessWeek)   2008-07-05

    Hyundai union calls for work stoppage next week
    SEOUL (Reuters) - Unionized employees of Hyundai Motor Co (005380.KS) will walk off the job for four hours next week to push for a pay increase, the auto maker's union said on Saturday.   Nations:South Korea   Source:(Reuters)   2008-07-05

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