Autos

Government Takes Over Delphi’s Pensions

By NYTimes

The federal government would take over the pension plans of the Delphi Corporation at a cost of .2 billion.

Ford’s UAW workforce down to 47,000 after latest buyout offer

By NewsFromTheWeb

About 1,000 UAW members accepted Ford Motor Co. buyouts last quarter, and Ford says it doesn’t plan more.

Wheels: G.M. Names Designer to Head Cadillac

By NYTimes

Bryan Nesbitt, vice president of G.M. North America Design, has been named general manager of Cadillac, meaning he will be the top executive of G.M.’s top brand.

GM names Dewar as Chevrolet chief in management overhaul

By NewsFromTheWeb

Brent Dewar, General Motors Co.’s European sales chief, was named vice president of Chevrolet as part of a sweeping overhaul involving appointments and departures for about two dozen executives.

Fiat posts 2nd-quarter trading profit, reduces debt

By NewsFromTheWeb

Fiat S.p.A. beat the average forecast with a second-quarter trading profit of 310 million euros (0 million), and said it cut net industrial debt to 5.7 billion from 6.6 billion in the period.

GM, Germany may be at odds over Opel bidders

By NewsFromTheWeb

General Motors Co. officials were meeting German government representatives on Wednesday to discuss takeover offers for Opel, with a potential row looming as they each appear to prefer a different bidder.

Obama Auto Adviser Tells Lawmakers Not to Undo Dealer Closings

By NYTimes

The head of President Obama’s auto task force warned Congress that halting the closure of dealerships could threaten G.M.’s and Chrysler’s turnarounds.

Key lawmaker urges NADA to join dealer termination talks

By NewsFromTheWeb

The lawmaker who sponsored a bill to reverse dealer terminations by General Motors Co. and Chrysler Group is urging the National Automobile Dealers Association to join settlement talks aimed at seeking an alternative to legislation.

Government ends warranty program for GM, Chrysler

By NewsFromTheWeb

The Obama administration’s automotive task force, after successfully moving General Motors and Chrysler Group out of bankruptcy protection, is ending the government-financed warranty program for the two automakers.

Ford says China vehicle sales up 14% in first half

By NewsFromTheWeb

Ford Motor Co. said its vehicle sales in China rose 14 percent to 197,212 units in the first half from a year earlier. Changan Ford Mazda, a tie-up with Chongqing Changan Auto Co.

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