NetQuantum :: Regional :: Asia :: Pakistan :: Business_and_Economy :: Automotive ::

• Reports: GM, Chrysler hold merger discussions
... Journal, citing people it described as familiar with the discussions, said Cerberus Capital Management, the private equity firm that owns 80.1 percent of Chrysler and 51 percent of GMAC Financial Services, proposed trading Chrysler's automotive ...
• Global auto market may ‘collapse’ in 2009
Power and Associates forecast U.S. light vehicle sales would fall to 13.2 million units in 2009 after likely settling at 13.6 million units this year, adding that a pronounced recovery is more than 18 months away. “While the global automotive ...
• Will cheap gas bring return of gas-guzzling?
David Portalatin, an automotive industry analyst for the NPD Group, said research has shown both short-term and long-term behavior changes that will continue for an extended period regardless of the gas price. "Consumers don't have a lot of faith that ...
• Ford, GM say they won’t file for bankruptcy
The precipitous drop in GM’s market capitalization — $2.7 billion at Thursday’s close — makes a takeover conceivable, said David Cole, chairman of the Center for Automotive Research in Ann Arbor. “Absolutely,” he said when asked about the ...
• Las Vegas is down, but far from out
... most everyone in Las Vegas acknowledges the fact that we’re being hit by the downturn but we also know we’re fortunate in relative terms,” said Jicinsky. “We haven’t been hit as hard as other sectors like retail and the automotive industry ...