The News Review:
- KDB Sets Conditions for Ssangyong Aid
- Auto Club: New Motorist Laws for 2009 Target Texting GPS Devices …
- US auto ills travel south to Mexico
- Downturn Will Test bama’s Vision for an Energy-Efficient Auto …
- Most city officials forgo auto allowance
- Green Party of Michigan opposes auto bailout
- NC auto insurers in neutral on rate increases
KDB Sets Conditions for Ssangyong Aid
Wall Street Journal
–>KDB Sets Conditions for Ssangyong Aid ArticleCommentsmore in Asia » SEUL – The global auto slump has battered Ssangyong Motor Co. South Korea’s fifth-largest car maker by sales leaving it short of cash and forced to delay salary payments to its workers. Now the car maker’s efforts to seek financial aid is hitting snags. n Friday executives of China’s Shanghai Automotive Industry Corp. which owns 51% of Ssangyong visited the South Korean government and Ssangyong’s main creditor Korea Development Bank to ask for help.
Auto Club: New Motorist Laws for 2009 Target Texting GPS Devices …
MSNBC
Senate Bill 28 prohibits drivers from text messaging or e-mailing whiledriving. Fines for violating this law are at least $76 (includingpenalties) for a first offense and about $190 for subsequent offensesdepending on the county in which the violation occurred. “The Auto Club supported this law because we believe it will help reducethe number of traffic crashes in the state” said Alice Bisno the AutoClub’s senior vice president for public affairs. “We encourage motorists toavoid all distractions while driving. Story continues below ?advertisement |.
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US auto ills travel south to Mexico
The Associated Press
auto bailout lifts the threat of imminent collapse from plants that have been a steady source of jobs in Mexico. But the rescue backed by American taxpayers is likely to slow investment in Mexico’s auto industry one of the fastest growing in the world. Lured by low labor costs Detroit’s automakers have been critical to an industry that now makes up 3 percent of Mexico’s gross domestic product and accounts for a fifth of its exports. The 13 plants run by Ford Chrysler and GM account for more than 50 percent of Mexico’s auto production. While nothing in the $17.
Downturn Will Test bama’s Vision for an Energy-Efficient Auto …
New York Times United States
bama after all has been thinking out loud about the future of the American automobile industry for years well before his presidential campaign began. He co-sponsored two bills in 2006 during his second year as a United States senator — one to raise fuel economy standards and the other to encourage the use of alternative fuels. His writings and speeches on the auto industry suggest a keen interest in finding ways including new technology to improve the.
Most city officials forgo auto allowance
San Diego Union Tribune CA
nline: Read what elected officials had to say about auto allowances when they were running for office at. With so many declining the $9600-a-year benefit among the largest offered by any city in the state will the new City Council eliminate it entirely in a time of austerity? New Councilman Carl DeMaio said he plans to ask his colleagues to do just that ? unless a review by the City Attorney’s ffice makes the point moot by finding that the allowance violates state law. ?I certainly am prepared to take it away from those who have not already given it up? DeMaio said. ?But the question becomes do you have five votes on the City Council to do that?? A 2006 state law requires elected officials to be reimbursed only for actual expenses though many cities still pay flat-rate allowances based on an older law that allowed the payments by contract. Along with Mayor Jerry Sanders and City Attorney Jan Goldsmith six of the eight council members are declining the auto allowance.
Green Party of Michigan opposes auto bailout
Independent Political Report MI
Why are the workers and communities punished for decisions that weren’t theirs?The struggles of UAW members have won some measure of racial equality in the factories; production workers developed political strength and clout; they fought for and won a high standard of living for production workers which provided the foundations for all workers including salaried professionals to have higher wages throughout the North. All these gains are gravely threatened. The auto bailout now puts the full weight of the central government behind the wealthy owners and bankers who as exhibited by the bloodthirsty howls of the southern senators want to reverse the gains of the UAW to turn back into profits a large part of the workers’ wages and benefits and in that process tear apart families crush hopes terrorize communities. There are other alternative solutions to the crises facing auto workers and their communities. GM Chrysler and Ford facilities should be nationalized with their assets controlled locally and democratically by workers and communities. Workers and affected communities need decisive controlover what happens to jobs to work at the factories and the factory equipment. Previously granted municipal and state tax abatement agreements to keep factories and jobs as well as other local agreements must be vigorously enforced.
NC auto insurers in neutral on rate increases
Worcester Telegram MA
— Auto insurers may increase premiums on North Carolina drivers by up to 9. 4 percent starting Thursday but a court ruling will determine whether they can keep the extra money. The North Carolina Rate Bureau which represents 144 auto insurers that operate in the state had asked for its largest rate increase in 14 years – 12. But Insurance Commissioner Jim Long turned the tables instead ordering a 16 percent cut.