The News Review:
- Americans support latest auto loans but reject further aid
- Don’t Make Auto Workers Pay the Tab for Corporate Greed
- MARKET SNAPSHT: Dow Industrials Head For Fifth Straight Loss As …
- Auto dealership troubles ripple across the region
Americans support latest auto loans but reject further aid
Detroit Free Press United States
car company executives. • 61% have a negative opinion about the leaders of the auto workers’ union. • 73% have a positive view of people who work for the Detroit Three (as long as they aren’t the company or union execs). In your voice Read reactions to this story.
Don’t Make Auto Workers Pay the Tab for Corporate Greed
AlterNet CA
Bush but I am grateful that he took some steps last week to bail out the auto industry. After all how could we bail out the Wall Street elite without also making an effort to save the largest single segment of the U. manufacturing industry?In other words how can we bail out the white-collar bankers without making a similar gesture to save the blue-collar auto workers who have traditionally formed the foundation of the U.
MARKET SNAPSHT: Dow Industrials Head For Fifth Straight Loss As …
CNNMoney.com
stocks declined Tuesday afternoon abandoning earlier attempts atgains after economic reports showed a drop in gross domestic product for thethird quarter and more trouble in the housing market. Worries about the viability of the U. auto industry also weighed withconsumer discretionary shares fronting the broad market retreat. “The end-of-year rally Santa Claus rally – or whatever you want to label itas – was cut short last week. A lot of that had to with the fact we’re stillseeing turmoil in the auto sector” said Peter Cardillo chief market economistat Avalon Partners.
Auto dealership troubles ripple across the region
Boston Globe United States
Until this past summer Fitzgerald owned South Shore Buick in Quincy a dealership that had been part of the local business community since 1963. But as part of a “realignment” intended to make the company more competitive GM pulled Fitzgerald’s franchise. Now he sells used cars and is no longer affiliated with the auto giant. “GM had a good plan” he said. “The economy just caught up with them before they could make it work. “South Shore Buick is just one of more than 40 new-car dealerships in the state that have gone out of business this year according to the Massachusetts State Automobile Dealers Association. There are now 462 down from 533 at the beginning of 2007.
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