Archive for 'General Automotive'
General Motors Continues Diesel Venture
Posted on 12. Dec, 2008 by admin.
Detroit automaker General Motors recently announced that they have bought 50 percent stake of an Italian diesel engine manufacturer. This move shows that the carmaker is indeed pushing through with its promise to manufacture diesel engine Cadillac and Saturn auto models in the near future. General Motors bought 50 percent of VM Motori S.p.A. from Penske [...]
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Economy and Automotive Industry
Posted on 12. Dec, 2008 by admin.
Daily Market Commentary for November 17, 2008 from Millennium-Traders.Com The ‘Big 3′ are still awaiting a response from the government as to whether they can expect more funds to help bail them out of the sinking automotive industry. (read more) http://www.millennium-traders.com/news/newscommentary.aspx Economic data released today: Empire State Manufacturing Survey: New York Fed November Manufacturing Index fell 25.43 versus drop by [...]
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Automotive Property Loans – Credit Crisis
Posted on 12. Dec, 2008 by admin.
If you own an automotive property or are thinking of buying one, such as an oil change facility, collision shop or general auto repair, you’ve got to have you’re “ducks in a row” as they say, to get the loan closed in this market. Believe me I’m sick of hearing about it and sick of “warning” [...]
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Isuzu’s Alabama Plant Derailed
Posted on 12. Dec, 2008 by admin.
Isuzu Motors Ltd. has mothballed its plan to build light commercial truck plant which was reported to be destined for Pinson. Isuzu President Susumu Hosoi told Kyodo News agency Wednesday that the company is worried the subprime mortgage crisis will hurt the U.S. economy, and that the concerns are serious enough to put the company’s plans [...]
