August 04, 2009

GOP leaders say Senate will extend ‘clunkers’

The Senate will vote to extend the popular “cash-for-clunkers” program before going home on Friday


June 03, 2009

Members of Obama’s administration head to hard-hit auto states

Members of President Barack Obama’s administration are crisscrossing four Midwestern states badly hurt by the auto industry’s woes.
   


May 28, 2009

GM all but certain to follow Chrysler into bankruptcy

General Motors appears headed for bankruptcy, while Chrysler is already there and hoping to emerge quickly.


May 14, 2009

Chrysler to close 789 of 3,200 dealerships

NEW YORK (AP) - Chrysler LLC wants to eliminate roughly a quarter of its 3,200 U.S. dealerships by early next month, saying in a bankruptcy court filing Thursday that the network is antiquated and has too many stores competing with each other.


February 17, 2009

Auto parts supplier Federal-Mogul Corp. plans to shut down SC plant

Auto parts supplier Federal-Mogul Corp. is closing its plant in Summerton, South Carolina.


January 12, 2009

A somber mood at this year’s Detroit auto show

Automakers are faced with the difficult challenge of revving up business during tough economic times


December 11, 2008

Automaker bailout fails in senate

A $14 billion bailout for Detroit’s struggling Big Three has died in the Senate after failing on a procedural vote.


December 07, 2008

UAW president hoping Congress passes rescue plan

The president of the United Auto Workers says he is hopeful that Congress will pass a rescue plan this week for the country’s troubled car companies.


December 04, 2008

Report: Bosch offers buyout to 2,100 employees

The Charleston Regional Business Journal reported Thursday that auto parts maker Robert Bosch has offered a voluntary severance package to the 2,100 employees at its North Charleston plant.


December 01, 2008

Clyburn: Heads of automakers should step down if they receive bailout

U.S. House Majority Whip Jim Clyburn says the Big Three automaker’s chief executives should be fired as a condition of getting $25 billion in federal help to keep operating. The House’s third-ranking Democrat said in a news conference in Columbia on Wednesday that automakers should clean house.


November 30, 2008

UAW leader appeals to Congress on automakers’ behalf

The head of the United Auto Workers is warning Congress not to let the Big Three go under.


November 25, 2008

Is your car safe? New test results out

The folks who do the safety testing on the cars, trucks and SUV’s we drive are out with the latest test results, and they say next year’s fleet of vehicles is offering some of the safest rides ever.


November 23, 2008

Obama adviser issues warning to automakers

President-elect Barack Obama’s top adviser has a warning for U.S. automakers: Without a plan to retool and restructure, there is very little taxpayers can do to help.


November 20, 2008

Sluggish auto economy has trickle-down effect

Communities and auto support industries beyond Detroit, bracing for the worst if the big three automakers can’t survive.

Wall Street in a free fall

Stocks plunged again to levels not seen in more than five years as hopes fade that lawmakers will soon put together an aid package for U.S. automakers.

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