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GM allies with U.S. utility group on electric cars

admin — Wed, 23 Jul 2008 15:07:29 +0000

LOS ANGELES (Reuters) - General Motors Corp on Monday said it is collaborating with an organization representing U.S. utilities to ready the nation’s electric infrastructure for the widespread sale of plug-in electric cars, such as the Chevrolet Volt.

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GM trails Toyota in first-half 2008 global sales

admin — Wed, 23 Jul 2008 13:07:27 +0000

DETROIT (Reuters) - General Motors Corp trailed Japanese rival Toyota Motor Corp in global vehicle sales decisively through the second quarter and first half of the year, hurt by a large decline in North America.

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Winnebago CEO: RV industry outlook worsening

admin — Wed, 23 Jul 2008 13:07:24 +0000

FOREST CITY, Iowa (Reuters) - The head of Winnebago Industries Inc told Reuters the economic challenges facing motor-home makers has only worsened in the month since it reported that quarterly earnings tumbled 73 percent.

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Ford extends buyout offers to more hourly workers

admin — Wed, 23 Jul 2008 15:07:29 +0000

RICHMOND, Ind (Reuters) - Ford Motor Co will extend buyout offers to hourly workers at more than a dozen plants in Michigan and Ohio next week as it looks to trim its workforce to match a declining U.S. market share.

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Shift to smaller cars raises safety questions

admin — Wed, 23 Jul 2008 15:07:07 +0000

WASHINGTON (Reuters) - An accelerating consumer shift from sport utility vehicles and pickups to more fuel-efficient cars should reduce rollover, but safety experts worry a lighter fleet poses serious risks despite air bags, anti-collision systems and other advances.

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Nissan’s Ghosn sees no 2009 U.S. auto recovery

admin — Wed, 23 Jul 2008 15:07:35 +0000

NASHVILLE, Tenn (Reuters) - Nissan Motor Co does not expect U.S. auto sales to bounce back in 2009 after a sharp decline this year, Nissan Chief Executive Carlos Ghosn said on Tuesday.

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Crowd-sourcing the e-car

admin — Wed, 23 Jul 2008 15:07:53 +0000

HELSINKI (Reuters) - After the wikipedia, the wikicar. “eCars - Now!” is a Finnish Internet community seeking to apply the collective approach taken by online collaborators like the authors of Wikipedia to start converting used petrol-fuelled cars to electric ones, with the first roll-out due this year.

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Volkswagen, Peugeot and Fiat defy sector gloom

admin — Wed, 23 Jul 2008 14:07:55 +0000

PARIS/FRANKFURT (Reuters) - Volkswagen led a trio of European automakers which issued surprisingly strong results and held to full-year targets on Wednesday, sending their shares higher despite analysts warning the second half will be tough.

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Ford mass plug-ins at least 5 years away

admin — Wed, 23 Jul 2008 14:07:07 +0000

LOS ANGELES (Reuters) - Ford Motor Co is at least five years away from manufacturing big numbers of plug-in electric vehicles for the mass market, an executive said on Tuesday.

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Chrysler to cut 1,000 jobs; liquidity unchanged

admin — Wed, 23 Jul 2008 15:07:03 +0000

DETROIT (Reuters) - Chrysler LLC said on Wednesday it plans to cut 1,000 white-collar jobs by the end of September to slash costs and survive a deep industry downturn.

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