News From the Auto Industry

The state, which said it would acquire all land as part of an incentive package, planned to go to the Mississippi Supreme Court using the argument of eminent domain to round out the 1,400-acre parcel.

HENDERSON: The Matiz is a great value in many other markets, but I’m not sure about the U.S. It may be a little small for the U.S.

HENDERSON: I believe we’ll achieve them first and then let you know what they were and how we did it. Daewoo has had a lot of trouble and we need to get back our footing as soon as possible, but we’ll work on both.

“We know some are in a very critical state and obviously all of them have some stretched liquidity issues,” he says.

“They will get a cash injection pretty soon,” Reilly says. “That will put some liquidity back into the system.”

Programa Drive It!. Episódio com o teste do Porsche Cayman.

Author: volkspage
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Added: June 22, 2007

Fri, 22 Jun 2007 08:51:47 -0700
Nissan CEO says board to forgo bonuses
San Diego Union-Tribune: YOKOHAMA, Japan  Nissan Chief Executive Carlos Ghosn told shareholders yesterday that the Japanese automaker\’s board members will forgo bonus pay to take responsibility for poor performance.

Dollar Bill\’s 1984 Toyota Pick
Toyota trucks photo gallery of 4×4 pickup trucks where Toyota owners have submitted photographs and details of their off road rides. If your Toyota is your pride and joy, you can submit your ride for this Toyota Trucks Photo Gallery …

18″ Hyper Audi A4 A6 A8 RS6 S4 S6 S8 V8 TT wheels rims
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Sat, 16 Jun 2007 17:54:58 PDT
The 2008 Dodge Challenger is displayed at the Chrysler Proving Grounds …
Detroit Free Press - Part of Chrysler’s 2008 car lineup is displayed Thursday at the Chrysler Proving Grounds in Chelsea. From left are the automaker’s Charger, Magnum and 300. Executive Vice President Frank Klegon, next to a Chrysler Aspen. On Thursday, Frank Klegon …

22 Jun 07 14:24:00 UTC

SEOUL - Two years ago, General Motors Corp. offered an initial bid of nearly $5 billion to acquire Daewoo Motor Co. Ltd. in a global auction process. In Late April GM reached final agreement with Daewoo on selected assets of the insolvent Korean auto maker for a mere $251 million.

The state, which said it would acquire all land as part of an incentive package, planned to go to the Mississippi Supreme Court using the argument of eminent domain to round out the 1,400-acre parcel.

HENDERSON: The Matiz is a great value in many other markets, but I’m not sure about the U.S. It may be a little small for the U.S.

HENDERSON: I believe we’ll achieve them first and then let you know what they were and how we did it. Daewoo has had a lot of trouble and we need to get back our footing as soon as possible, but we’ll work on both.

WAW: What are your market-share targets for Korea?

They are even more critical when that automaker is trying to rebuild from years of turmoil.

“We know some are in a very critical state and obviously all of them have some stretched liquidity issues,” he says.

“They will get a cash injection pretty soon,” Reilly says. “That will put some liquidity back into the system.”

But Reilly says they will have to do some work on constant quality improvements since Daewoo Motor did not stress that.

Daewoo concentrates on Korea, Europe

“There’s been a $100 million worth of business placed with the Korean network already,” Reilly says, “and that’s totally on top of anything we are doing at GM Daewoo.”

“That would make us just uncompetitive if we were trying to pay back some of the losses of the past,” he says.