| 9/10/2010 - | Chrysler bosses sue over lost pensions (AFP)
AFP - More than 450 Chrysler bosses including ex-chairman Lee Iacocca sued Daimler AG and Cerberus Friday claiming they lost 100 million dollars in pensions in the automaker's bankruptcy.
|
| 9/10/2010 - | New GM CEO's pay package worth $9 million (AP)
AP - New General Motors Co. CEO Daniel Akerson will get up to $9 million in salary and stock, the same pay package granted to his predecessor, Ed Whitacre.
|
| 9/10/2010 - | Special Report: Power struggles: charging tomorrow's cars (Reuters)
Reuters - Imagine driving across America using a fuel so new you have to carry your own supply wherever you go.
|
| 9/10/2010 - | New GM CEO to receive $1.7 million cash salary (Reuters)
Reuters - General Motors Co's new chief executive, Dan Akerson, will receive a $1.7 million cash salary as well as stock grants, the U.S. government-owned automaker said on Friday.
|
| 9/10/2010 - | Renault, Peugeot Citroen reimburse $2.5B to state (AP)
AP - Carmakers Renault and PSA Peugeot Citroen said Friday they are reimbursing ahead of schedule euro1 billion ($1.27 billion) each in loans that were part of the French state bailout of the auto industry. |
| 9/10/2010 - | Tokyo's electric taxi experiment (Reuters)
Reuters - Yoshihiko Takahashi chuckles politely when asked if he's weary of having the same conversation with passengers, day in and day out, as he shuttles them around Tokyo in his white-and-blue all-electric taxi. How often do you have to recharge? How far can you go? Does this car really have no emissions? |
| 9/10/2010 - | Renault, Peugeot to repay state loan early (AFP)
AFP - French carmakers Renault and PSA Peugeot Citroen said Friday they each plan to pay back a third of their three-billion-euro (3.8-billion-dollar) state loans ahead of time.
|
| 9/9/2010 - | India vehicle sales remain strong (Investor's Business Daily)
Investor's Business Daily - Aug. car sales in India rose 33.2% from a year ago, according to the Society of Indian Automobile Manufacturers. The gain was impressive considering supply constraints have pushed up vehicle prices. Ford expects India to be the world's No. 3 auto market by decade's end, and is pushing hard to gain market share from rivals such as Maruti Suzuki, Hyundai and Tata Motors . Ford plans to launch 8 more models in India. Meanwhile, Tata's domestic sales of its key medium and heavy commercial vehicles rose 34%. |
| |