The News Review:
- US auto dealers lobby Senate “clunkers” accelerate
- Delphi GM and auto task force to hold talks in DC
- German auto sales soar on car-scrapping bonus
US auto dealers lobby Senate “clunkers” accelerate
Reuters
SUPPRT FR ‘CLUNKER’ PLAN Additionally on Wednesday proposals to stimulate car sales took shape in the House of Representatives and Senate with any final action still weeks away lawmakers said. Competing proposals would offer a voucher worth up to $5000 to consumers who trade in older less fuel efficient vehicles for new ones that get sharply higher gas mileage. “The American auto industry is in serious jeopardy. Now is not the time to point fingers or ask how we got here. The question is what Congress can do to help jump-start these companies save jobs and create a more fuel efficient fleet” said a joint statement from Democratic Senators Dianne Feinstein of California and Charles Schumer of New York.
Delphi GM and auto task force to hold talks in DC
The Associated Press
and its former parent General Motors Corp. will meet with representatives from President Barack bama’s auto task force on Monday for talks that could get the struggling auto supplier out of bankruptcy protection. The talks also will involve Delphi’s lenders and creditors.
Related from Managementmonster: Task force looks into floodplain management
German auto sales soar on car-scrapping bonus
Forbes
However exports fell by a quarter. New car registrations in March were up 40 percent on the year to 401000 the VDA group said. It said that was the highest volume since the early 1990s when Germany was enjoying a post-reunification boom.