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May 24, 2009

Criticism grows against bama auto rescue plan

by admin — Categories: NewsLeave a comment

The News Review:

- Criticism grows against bama auto rescue plan
- Auto Racing | Penske’s 1-2 punch ready for Indy 500
- GM Prepares for Bankruptcy; Borrows Another $4B
- Lessons from auto industry aid health care workers

Criticism grows against bama auto rescue plan
Detroit Free Press
where industry critic Ralph Nader said the rescue plans were “a conclusive death star to tens of thousands of jobs. ” When asked by Rep. Lamar Smith R-Texas whether bama’s auto task force was “unsafe at any speed” Nader author of a 1960s expos?y the same moniker on the dangers of the Chevy Corvair replied: “Yes — worse than that. “Auto dealer cloutThe concern reflects the deep political connections of auto dealers. In the 2007-08 cycle domestic car dealers and their lobbying arm — the National Automobile Dealers Association — accounted for more than $9 million of the $18 million in federal campaign contributions overall from the automotive sector according to figures compiled on penSecrets. org the Web site run by the Washington-based Center for Responsive Politics. By comparison political action committees and individuals linked to the automakers chipped in $2.

Auto Racing | Penske’s 1-2 punch ready for Indy 500
Seattle Times
“But to win here everything has to work perfectly. Notes• Mike Bliss raced to his first NASCAR Nationwide Series victory since 2004 catching a break to claim the rain-shortened Carquest Auto Parts 300 Saturday at Lowe’s Motor Speedway in Concord N. Bliss who started from the back of the field took the lead because he was in the right position when the caution flag came out with 39 laps to go. Greg Biffle of Vancouver Wash. was 12th and Spanaway’s Derrike Cope was 34th out of 43.

GM Prepares for Bankruptcy; Borrows Another $4B
Tom's Guide
Although GM is in agreement with the Canadian Auto Workers union to reduce compensation the CAW group was reserved when talking about GM’s future outlook. “All of our discussions that we had it’s very likely that [GM] will go into Chapter 11″ said Canadian Auto Works union president Ken Lewenza. fficials at GM indicated that the additional $4 billion would not be the last of its loans. The company is expecting its total U.

Lessons from auto industry aid health care workers
Detroit Free Press
See instructions for fixing the problem. Lessons from auto industry aid health care workersBY PATRICIA ANSTETT • FREE PRESS MEDICAL WRITER• May 24 2009.
Related from Tianjigh: Health care workers call off strike

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