Feb 19, 2009
DETROIT - February 19, 2009: GM and Chrysler have offered up their plans for viability to the U.S. Treasury ... now what? Join John McElroy and three of the foremost automotive journalists/analysts in America as they discuss what the future holds for these troubled automakers and whether GM and Chrysler can even surviv ... Continue reading
Barclays Says Ford May Need To Dip in U.S. Aid in 2009
Feb 2, 2009
February 2, 2009; Tenzin Pema writing for Reuters reported that Ford Motor Co may need to access U.S. government aid in late 2009, an analyst at Barclays Capital said on Monday, just days after the automaker said it would have the cash to survive the worst downturn in auto sales in a decade without a state bailout. Ana ... Continue reading
Ford Says It Doesn't Need Goverments Loans
Jan 25, 2009
NEW ORLEANS January 24, 2009; By Soyoung Kim writing for Reuters reported that Ford Motor Co has enough liquidity to fund its restructuring plan and despite the deep downturn in auto sales still sees no need to ask for government loans, Chief Executive Alan Mulally said on Saturday. "We don't want to borrow any more mo ... Continue reading
2009 Detroit Auto Show - Thoughts From "Our" Optimist
Jan 13, 2009
DETROIT AUTO SHOW The Views of an Optimist By Steve Purdy TheAutoChannel.com Detroit Bureau I canât tell you how many times Iâve been asked my opinion about the likelihood of survival for the Detroit Three automakers. (Youâll no doubt notice that we no longer talk about the Big Three, since Chrysler hasn ... Continue reading
2009 NAIAS: Lincoln C Concept, Big Luxury In Small Package - COMPLETE VIDEO
Jan 12, 2009
Lincoln is breaking new ground with the Lincoln C concept, a new big idea for a small luxury car. Designed with today's upscale, urban consumer in mind, the Lincoln C concept brings the presence and elegance of a large Lincoln to a smaller, more efficient C-sized car. ... Continue reading
Jan 12, 2009
-- All-new 2010 Lincoln MKT enters the premium crossover segment with three-rows of luxury and technologies such as available Active Park Assist - and more -- The Lincoln MKT offers two fuel-efficient yet powerful V-6 engines, including EcoBoost(TM) -- Available late this summer, Lincoln MKT will expand the growing Lin ... Continue reading
Dec 30, 2008
DEARBORN, Mich., Dec. 30, 2008 â The often stressful and frustrating task of parallel parking soon will be as easy as pressing a button for owners of the Lincoln MKS flagship sedan and all-new Lincoln MKT seven-passenger luxury crossover, thanks to an exclusive new technology from Ford Motor Company called Active ... Continue reading
Canucks Kick in $3.3 Billion to Help Detroit Subsidiaries
Dec 20, 2008
TORONTO - December 20, 2008: Canadian Prime Minister Stephen Harper announced that the Canadian federal and Ottowa government will provide $4 billion (Canadian dollars) in emergency loans to their subsidiaries of General Motors and Chrysler. As in the U.S., Ford didn't request any specific financial assistance just a l ... Continue reading
Dec 19, 2008
SAN FRANCISCO - December 19, 2009: Nationally known radio talk show host personality Michael Savage has been making quite a loud argument this afternoon that the reason for President Bush's decision to; a) forego "free-market" principles (even though he is a "free-market" president) and to act socialistically, and b) p ... Continue reading
Ford Motor Company Welcomes Action to Provide Emergency Funding to GM and Chrysler
Dec 19, 2008
DEARBORN, Mich., Dec. 19 -- Ford Motor Company said today that it welcomes action by the Administration to provide emergency funding for General Motors Corp. and Chrysler LLC. "As we told Congress, Ford is in a different position. We do not face a near-term liquidity issue, and we are not seeking short-term financial a ... Continue reading
Bush Now Appears to Favor an "Orderly" Bankruptcy for Detroit Three
Dec 18, 2008
AUTO CENTRAL - December 18, 2008: In a live televised interview this morning President Bush talked about an "orderly" bankruptcy as the solution for the three American automakers, as opposed to making any specific announcement or decision to try and take some of the funds from the $700 billion bailout package (or what ... Continue reading
Press Pass Coverage of the 2008 Los Angeles Auto Show: "It's As If You Were Here"
Nov 29, 2008
2008 LA Auto Show,LOS ANGELES - November 23, 2008: Once again, TheAutoChannel.com is proud to present exclusive PRESS PASS COVERAGE of the Los Angeles Auto Show, one of the world's great car and truck shows. Watching TACH's video coverage is like having Media Credentials to this major automotive event. You'll see the s ... Continue reading
Why It's Essential for Congress to Provide Financial Stimulus to the U.S. Auto Industry
Nov 26, 2008
The Fate of the Industrialized World Hangs In the Balance This Is Not Merely Issue of Protecting a Segment of the Work Force; itâs an Issue of Societal Progress By Marc J. Rauch Exec. Vice President/Co-Publisher Innovation has almost always been the stimulus to advance human civilization. Sometimes the innovations ... Continue reading
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