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State AG: GM plan may violate state laws
Published July 3, 2009, 10:53 pm, Southlake Times
The restructuring of General Motors, and new dealership agreements it has made mandatory that dealership owners sign, may violate state law, according to Texas Attorney General Greg Abbott.
UK may part-fund GM Europe takeover
Published July 3, 2009, 10:49 pm, Tiscali
LUTON, England (Reuters) - The government is prepared to help underwrite the planned takeover of the European arm of General Motors, possibly in the form of loans, Business Secretary Peter Mandelson said on Friday.
CRANBURY: Dealer: Road ahead for GM is clear
Published July 3, 2009, 10:44 pm, The Cranbury Press
CRANBURY — Hearing General Motors had decided to declare bankruptcy earlier in week was a sigh of relief for one local businessman.
Licking their economic wounds
Published July 3, 2009, 10:40 pm, Burbank Leader
BURBANK — Area business leaders Thursday converged on Woodbury University for an economic summit on trends expected to shape the 21st century, with some projecting far into the future and others focusing on success despite the spiraling economy.
Opel bidding race heats up
Published July 3, 2009, 10:33 pm, BigPond News
The Beijing Automotive Industry Holding company may lodge a bid to take over German car-maker Opel.
Cops and Courts
Published July 3, 2009, 10:27 pm, The Morning Journal
Items worth $2,200 missing from Homewood Drive home
Cummins reopening Ind. plant, while another closes
Published July 3, 2009, 10:25 pm, The Times of Northwest Indiana
COLUMBUS, Ind. - Cummins Inc. is recalling 400 laid-off workers as it resumes production at a Columbus factory, while nearly 300 people lost their jobs as an auto parts company idled a plant in nearby Shelbyville.
As economy drops jobs, paychecks drop some weight
Published July 3, 2009, 10:23 pm, Lincoln Journal Star
WASHINGTON — Americans lucky enough to still have a job are noticing something unpleasant in their paychecks: They’re making less money. Employers cut 467,000 jobs in June, far more than expected, and the jobless rate hit a 26-year high of 9.5 percent.
Beijing Auto makes GM offer on Opel
Published July 3, 2009, 10:18 pm, Detroit News
General Motors Corp. has increased its negotiating options for its German subsidiary Adam Opel GmbH by obtaining a second offer from Beijing Automotive Industry Corp.
Mass produced Toyota hybrids
Published July 3, 2009, 10:17 pm, Straits Times
TOKYO - TOYOTA Motor Corp plans to start mass producing plug-in hybrid vehicles in 2012, with a projected first-year output of about 20,000 to 30,000 units, the Nikkei business daily reported on Saturday. Toyota has said it would start leasing 500 plug-in cars globally by the end of this year, primarily for government and corporate use, but has not said when it would commercialise them.
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