GM Bankrupt? No supprise Huh?

Autoline Daily
Episode 95 - GM More Open To Bankruptcy, Chery Wants Volvo, Tesla Looks For a Rat
March 6, 2009

Today on Autoline Daily, GM management is open to a possible pre-packaged bankruptcy, rather than filing for Chapter 11. Chery received approval to buy Volvo from Ford by China's top economic planner. The CEO of Tesla has been caught trying to set a trap for his employees. All that and more, plus a look at some advanced technology Visteon is working on.

Inside Toyota

Autoline Detroit
Inside Toyota
Detroit Public Television
Wednesday, March 11 @ 5:30PM ET
Available Now Online at www.autolinedetroit.tv

Sandy Smith, Toyota, Bob Carter, Toyota, Kevin Hunter, CALTY Design Research

Autoline Detroit LIVE

This is an open live show about the Detroit auto makers lifeless turn around

The end is near

As you can see my predictions for the American auto industry have come to fruition buh bye.........

GM Introduces New 2008 Line Of Layoffs

Source: TheOnion


DETROIT—Calling it the automotive company's "toughest and longest-lasting" line of cutbacks to date, General Motors proudly unveiled its new 2008 model layoffs on Monday, bringing months of rumor and speculation to an end.


"We've really outdone ourselves this time," Wagoner continued. "Nobody, and I mean nobody, expected General Motors to come out firing the way it has in 2008."

This week on Autoline Detroit

Detroit Public Television Sunday, January 27 @ 10:30AM EST Now Enjoy Autoline On the Go! For our Free Weekly Podcast, Click: or Learn More And as always, watch us on the web at autolinedetroit.tv/autoline/archives.php Jim Moskus Phone: (734) 542-7000 Fax: (734) 542-7014 Mobile : (248) 703-6923 jmoskus@blueskyproductions.tv SLIDING SOUTH Synopsis: It’s no secret that the U.S. economy is in a funk. Is it headed into in a recession? That’s open to debate. What’s not open to debate is the fact that the auto industry has been sliding downward. And where it’ll end up is anyone’s guess. That’s why this week Autoline has two experts whose business is to accurately predict where the auto industry will end up in 2008. Joining John McElroy in our first segment is Ellen Hughes-Cromwick, the chief economist from the Ford Motor Company, and Ted Chu who is the lead economist for General Motors. Both authorities talk about the industry, the economy and how they believe it will impact the automotive world in this presidential election year. Also on this week’s show John sits down with Ralph Gilles, Chrysler’s V.P. of design for Jeep and Truck to talk about how Chrysler is working on improving the interiors of its vehicles, starting with the new Ram pickup. And finally we look at the breakthrough that GM announced at The North American International Auto Show regarding cellulosic ethanol. This could be the game changer, in the short term, when it comes to wider availability of ethanol and flex fuel vehicles throughout America and maybe even the rest of the world. Also, don't forget to catch Autoline EXTRA--our Internet-only interviews available at our website, http://www.autolinedetroit.tv/. Segment 1: Tilting Down Guests: Ellen Hughes-Cromwick, Chief Economist, Ford Motor Company Ted Chu, Chief Economist, General Motors Segment 2: Waste Not, Want Not Panel: The GM Coskata Partnership on Ethanol Segment 3: Styling Cues Guest: Ralph Gilles, V.P. Design, Jeep and Truck, Chrysler

North American International Auto Show Search News

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North American Auto Show 2008

Detroit News Coverage

Auto suppliers brace for '08

Auto suppliers brace for '08

Domestic industry's distress likely to linger in new year, analysts say

By THOMAS CONTENT
tcontent@journalsentinel.com

Posted: Jan. 4, 2008

Auto suppliers should be positioned relatively well for another slump in car sales in 2008, but a recession would mean more pain for an already battered sector, industry analysts say.

Detroit Auto Show Dates & Times

Public Show
Jan. 19-26
9 a.m. - 9 p.m.
Jan. 27, 9 a.m. - 6 p.m.

Once again we are getting ready for the show.

Automotive News

MUSIC: The Killers
Detroit Free Press Wed, 09 May 2007 0:16 AM PDT
With a nod to the '80s and an eye for style and flair, the Killers have emerged as one of the go-to U.S. rock bands of the day. In a quest to create something epic, Brandon Flowers and company may occasionally shoot wide, but at least they're aiming ? and in 2007, that's more than you can say for a lot of their peers. 7:30 p.m., Fox Theatre, 2211 Woodward, Detroit. 313-983-6611. $38. Sold out. ...

What's New in Music Racks RedNova Tue, 08 May 2007 9:57 AM PDT CARL ALLEN & RODNEY WHITAKER "Get Ready" (Mack Avenue Records) 3 stars There's a lot to like about "Get Ready," the first album on Detroit's Mack Avenue label by co-leaders Rodney Whitaker on bass and Carl Allen on drums.

BASEBALL BLESSINGS: Sheffield family's gospel star Detroit Free Press Wed, 09 May 2007 0:20 AM PDT When the Tigers acquired slugger Gary Sheffield last winter, Detroit got more than one of baseball's best players. The city got one of gospel music's best voices. When she learned the Detroit Tigers had signed her husband, DeLeon Richards-Sheffield says, it felt like destiny calling.

CLASSICAL MUSIC Akron Beacon Journal Wed, 09 May 2007 2:06 AM PDT Akron Symphony Orchestra -- 9:30 and 10:45 a.m. today, Green YMCA, 3800 Massillon Road, Green. Peter & the Wolf. Also, 9:30 and 10:45 a.m. Monday and Tuesday, Hudson Community Chapel, 750 W. Streetsboro St.; 9:30 and 10:45 a.m. Wednesday, House of the Lord, 1650 Diagonal Road, Akron; 9:30 and 10:45 a.m. May 10 and 2:30 and 3:45 p.m. May 11, Akron General Health & Wellness Center, 4125 Medina ...

Distant relative confirms Jack White's N.S. roots CBC Nova Scotia Wed, 09 May 2007 9:41 AM PDT Music fans in every province and territory are buzzing about the White Stripes' upcoming cross-Canada tour, but fans in Cape Breton can now brag of their own special connection with frontman Jack White.

Detroiter places in lyrics contest Detroit Free Press Wed, 09 May 2007 0:18 AM PDT Look out, Eminem. Detroiter Ronke (Young Roc) Owens, 17, and his rap "Dedication" won first runner-up honors in Essence magazine and Berklee College of Music's second Take Back the Music Hip-hop Songwriting Contest. Owens' prize? One free course at Berkleemusic, Berklee's online extension school.

Officials: Missing Teen Found With Boyfriend ClickOnDetroit Wed, 09 May 2007 5:28 AM PDT Detroit police say a 13-year-old girl who went missing from her neighborhood on Monday was found with her boyfriend.

Weekend preview Detroit News Tue, 08 May 2007 11:26 PM PDT Enjoy the witty cynicism of Elvis Costello and The Imposters at 7:30 p.m. Friday at the State Theatre, 2115 Woodward Ave., Detroit. Doors open at 6 p.m. Tickets are $36.50-$75. Call (313) 961-5451 or www.ticketmaster.com.

White Sox/Tigers Game Rescheduled ClickOnDetroit Wed, 09 May 2007 5:15 AM PDT The April 26th game between the Chicago White Sox and Detroit Tigers that was postponed due to rain has been rescheduled as part of a split doubleheader on July 24th.

Podcast: Utah Drive - "Wheezy"
Gaylord Herald Times Wed, 09 May 2007 5:28 AM PDT
GAYLORD - Following a one-year absence from the Gaylord area, Detroit-based rockers, Utah Drive are set to return to the stage during "Art on Wheels" next Saturday, March 31.

Tier one news

L-1 Identity Solutions Reports First Quarter 2007 Financial Results
Business Wire via Yahoo! Finance Wed, 09 May 2007 4:30 AM PDT
STAMFORD, Conn.----L-1 Identity Solutions, Inc., , a leading supplier of identity solutions and services, today announced financial results for the first quarter ended March 31, 2007.

New Mahle Test Systems Dry Leak Tester Helps Manufacturers Asia Pulse via Yahoo! Asia News Tue, 08 May 2007 8:54 PM PDT (Full text of a statement. Contact details below.)

NEW MAHLE TEST SYSTEMS DRY LEAK TESTER HELPS MANUFACTURERS Asia Pulse via Yahoo!7 Finance Tue, 08 May 2007 8:58 PM PDT Transport

Fitch Initiates Ratings for Hayes Lemmerz at 'B'; Outlook Stable Business Wire via Yahoo! Finance Wed, 09 May 2007 12:07 PM PDT NEW YORK----Fitch Ratings has initiated ratings for Hayes Lemmerz International Inc. with an Issuer Default Rating of 'B'. Fitch also expects to assign ratings to Hayes Lemmerz's proposed senior secured revolving credit facility, senior secured Euro term loan, senior secured Euro synthetic letter of credit facility, and senior unsecured notes.

Positive results for Melita cable on all fronts
Maltamedia.com Daily News Wed, 09 May 2007 0:22 AM PDT
According to the results of the first quarter of 2007, Melita Cable continues to register strong growth in the provision of TV Services in spite of competition. The most impressive... [[ This is a content summary only. Visit MaltaMedia.com for full news, links, and other content. ]]

Superfund News

Monday, Feb 05, 2007 Knight-Ridder Washington Bureau Mon, 05 Feb 2007 4:36 PM PST WASHINGTON - One-time mining giant Asarco, charging that its Mexican owner stole its most valuable asset and left it to face $7 billion worth of environmental and asbestos-related claims, has asked a federal bankruptcy judge to void the transfer of two Peruvian copper mines to Grupo Mexico, S.A. de C.V.

Mining town dying as federal buyout continues Bartlesville Examiner-Enterprise Mon, 05 Feb 2007 12:19 PM PST PICHER, Okla. (AP) - As a funeral home operator, Paul Thomas has buried hundreds of people in his lifetime, but saying the last rites over his home town will be tough.

SFO heats up power-saving efforts The San Francisco Examiner Mon, 05 Feb 2007 3:01 AM PST S.F. AIRPORT - One of the area’s biggest energy users is reducing its power bill, one solar panel at a time.

Who's Counting: How Iraq Trillion Could Have Been Spent KTRE-TV East Texas Mon, 05 Feb 2007 2:51 AM PST ABC News/Commentary by John Allen Paulos-The price tag for the Iraq War is now estimated at $700 billion in direct costs and perhaps twice that much when indirect expenditures are included.

Jacobsville cleanup hearings slated Evansville Courier & Press Sun, 04 Feb 2007 10:15 PM PST Officials with the U.S. Environmental Protection Agency have set two public hearings this week to hear comments on the cleanup options for an Evansville neighborhood contaminated with high levels of lead and arsenic.

Officials look to future of mill site as cleanup continues
Capital Weekly Sun, 04 Feb 2007 11:02 PM PST
AUGUSTA — City officials have a keen interest in the possible reuse of the former American Tissue plant on Maple Street on the east bank of the Kennebec River in Augusta, even as an environmental cleanup there is under way.

Automotive News

Investors see big opportunities in troubled auto parts suppliers International Herald Tribune Wed, 31 Jan 2007 6:51 AM PST Analysts say the suppliers have become attractive because they can be bought cheaply, demand for parts is growing globally and low interest rates are making capital widely available for high-risk deals.

Buyout shops see profit in distressed auto parts sector International Herald Tribune Tue, 30 Jan 2007 1:49 PM PST Troubled suppliers have become attractive investments because they can be bought cheaply and demand for parts is rising.

PepsiAmericas to Deploy GXS Managed Services to Boost B2B Functionality and Extend e-Commerce Network Reach FinanzNachrichten Wed, 31 Jan 2007 5:17 AM PST GAITHERSBURG, Md., Jan. 31 /PRNewswire/ -- GXS, a leading provider of business-to-business (B2B) e-commerce solutions, today announced that PepsiAmericas ( Nachrichten ) has selected GXS Managed Services to power the company's next generation B2B strategy.

Flexpoint Updates Advancements in Sensor Technology
Business Wire via Yahoo! Finance Wed, 31 Jan 2007 6:16 AM PST
DRAPER, Utah----Flexpoint Sensor Systems, Inc. today announced they have made several significant strides in advancing their sensor applications to market. The company has been working on the development of a number of new applications with some nearing production.

EPA helps with asbestos-contaminated vermiculite

EPA offers help with unplanned vermiculite encounters
The Western News Thu, 18 Jan 2007 3:49 PM PST
A program under development by the Environmental Protection Agency is providing emergency assistance to area residents faced with unplanned encounters with asbestos-contaminated vermiculite.

AutoLine Detroit

THE LUXURY EVOLUTION CONTINUES

Synopsis: As the luxury field continues to expand, Cadillac has been working to restore the brand that for years was the undisputed luxury leader. This week on Autoline Detroit, Jim Taylor, General Manager, Cadillac joins John McElroy and his panel to talk about the latest product and plans for the brand. From second generation vehicles to growing the brand globally, Mr. Taylor outlines Cadillac’s strategy and where he hopes to take GM’s luxury division in 2007.

Segment 1: News -- Falling gas prices & the auto industry

Panel:
John McElroy, Host, Autoline Detroit
Matt DeLorenzo, Road & Track
John McCormick, The Detroit News

Segment 2: Cadillac in 2007

Guests:
Jim Taylor, General Manager, Cadillac

Panel:
John McElroy, Host, Autoline Detroit
Matt DeLorenzo, Road & Track
John McCormick, The Detroit News

Vehicle Review: 2007 Infiniti G35

Supplier News

Ford: Distressed Supplier List Growing
AP via Yahoo! Finance Wed, 17 Jan 2007 1:41 PM PST
Ford Motor Co. purchasing chief Tony Brown said Wednesday that the company's "watch list" of financially distressed auto parts suppliers has grown 44 percent over the past year.

PAS Technologies Launches Materials Management Division Aircraft Maintenance Technology Thu, 18 Jan 2007 6:53 AM PST Kansas City, MO., – January 17, 2007 – PAS Technologies Inc. a leading supplier of maintenance, repair and overhaul services (MRO) of aviation engine components, today announced it has launched phase one of its materials management division named, Aviation Materials Management Services (AMMS). The new division will be involved in multiple arenas of the aviation industry.

Outlook 2007 Light Reading Thu, 18 Jan 2007 11:28 AM PST So, it’s time for the “Outlook 2007” piece that my editor has ordered up. What'll be? Not a top ten list of hot startups, big carrier moves, or innovative technologies to watch – these don't seem to offer much of a change from last year's list.

Automakers' struggles hit parts suppliers hard Milwaukee Journal Sentinel Wed, 17 Jan 2007 8:05 PM PST Automotive parts suppliers continue to drive much of the economy in Wisconsin and other industrial states, but it's...

US: Ford claims Super Duty QC improvement just-auto Thu, 18 Jan 2007 5:49 AM PST Since early 2003, the number of repairs-per-thousand at three-months-in-service for Ford’s huge F-series Super Duty pickup trucks sold mainly in North America has improved 55% and the number of things-gone-wrong has improved 19%, according to Ford's internal data.

Huntington Bancshares Reports: PR Newswire via Yahoo! Finance Thu, 18 Jan 2007 4:55 AM PST Huntington Bancshares Incorporated reported 2006 fourth quarter earnings of $87.7 million, or $0.37 per common share.

Automotive News

International Automotive Components Group North America to Acquire Lear's North American Interior Systems Division
The Auto Channel Fri, 01 Dec 2006 8:27 AM PST
NEW YORK, Dec. 1, 2006 -- Wilbur L. Ross, Jr., Chairman of International Automotive Components Group North America, LLC ("IAC NA"), announced today a definitive agreement for IAC NA to acquire Lear Corporation's ("Lear") North American Interior Systems Division.

Micro-electromechanical Systems Gain Strong Foothold in Automotive, Aerospace, Defense and Consumer Electronics Markets ZDNet India Fri, 01 Dec 2006 7:29 AM PST The tremendous success of micro-electromechanical systems (MEMS) in automotive safety applications has enabled MEMS developers to design devices for the aerospace, defense and consumer electronics markets.

Pet's Automotive Repair to relocate The Auburn Citizen Fri, 01 Dec 2006 6:46 AM PST Pet's Automotive Repair Service has found a new home. Formerly Pet's Mobil, on the corner of South Fulton and East Genesee streets, the shop will move to 36 York St.

RESEARCH ANALYSIS: Market trends in the automotive glazing industry just-auto Fri, 01 Dec 2006 3:19 AM PST Anyone buying a new car is faced with a long list of optional extras. While sat-nav and climate controlled seats are usually high on consumers’ wish lists, acoustic side glass and rain repellent coating may not be. Yet such products are becoming increasingly important, delivering greater functionality and adding a further growth dimension to automotive glazing sales. Matthew Beecham goes window

Blue Water Automotive closing plants Times Herald Fri, 01 Dec 2006 3:45 AM PST About 230 jobs will be cut when Blue Water Automotive Systems Inc. closes three plants in the next eight months, company officials said Thursday.

Sonic Automotive Executive to Speak at Investor Conference PR Newswire via Yahoo! Finance Fri, 01 Dec 2006 4:30 AM PST Sonic Automotive, Inc. , a leader in automotive retailing, announced that David Cosper, the Company's Chief Financial Officer, will present at the Bank of America 2006 Credit Conference.

Nobis Interactive Launches Automotive Search Engine Marketing Vertical with Nobis Auto PR Web via Yahoo! News Fri, 01 Dec 2006 4:00 AM PST Los Angeles, CA (PRWeb) December 1, 2006 -- Nobis Interactive, a leader in full-service online marketing solutions, announces the launch of Nobis Auto -- a division specific to Search Engine Marketing (SEM) for the retail automotive industry.

Nobis Interactive Launches Automotive Search Engine Marketing Vertical with Nobis Auto PR Web Fri, 01 Dec 2006 0:39 AM PST Nobis Auto to provide expert Search Engine Marketing products and services for the retail automotive industry that dealers thirst for in 2006. (PRWeb Dec 1, 2006) Post Comment:Trackback URL: http://www.prweb.com/chachingpr.php/SGFsZi1NYWduLUxvdmUtSGFsZi1NYWduLVplcm8=

Transnational Automotive Announces Purchase of 60 City Buses for its Urban Transportation Operation in Cameroon SYS-CON Media Thu, 30 Nov 2006 2:27 PM PST Transnational Automotive Group, Inc. (OTCBB: TAMG) ('TAUG'), a global leader in transportation services and sustainable energy development, today announced the purchase of 60 new city buses to expand 'LeBus', a TAUG subsidiary operating an urban bus company in Cameroon.

Group 1 Automotive Announces Corporate Executive Promotions
Business Wire via Yahoo! Finance Thu, 30 Nov 2006 12:00 PM PST
HOUSTON----Group 1 Automotive, Inc. , a Fortune 500 automotive retailer, today announced the promotions of Lance A. Parker to vice president and corporate controller and James R. Druzbik to vice president of information systems.

Supplier News

Blue Water Automotive closing 3 plants in Michigan, Ohio
WOOD TV 8 Grand Rapids Fri, 01 Dec 2006 11:17 AM PST
MARYSVILLE, Mich. -- Blue Water Automotive Systems Inc. plans to close three plants over the next eight months, eliminating about 230 jobs.

Lear Sells NA Interiors Business AP via Yahoo! Finance Fri, 01 Dec 2006 7:32 AM PST Automotive supplier Lear Corp. said Friday it agreed to sell its North American interiors business to a venture owned by equity investors for $25 million in cash and a 25 percent stake in a newly formed venture.

Alabama Lands New Automotive Supplier WSFA Montgomery Fri, 01 Dec 2006 11:12 AM PST German-based W-K-W Erbsloeh announced on Wednesday that its plans to build a 15-point-5 million dollar plant in Pell City. The company will manufacture aluminum trim for the Mercedes plant in Vance.

Hayes Lemmerz' South Africa Operations Named Supplier of the Year by Ford Motor PR Newswire via Yahoo! Finance Fri, 01 Dec 2006 9:00 AM PST Hayes Lemmerz International, Inc. announced today that its aluminum wheel manufacturing operation in Alrode, South Africa has received the 2006 Supplier of the Year Award from Ford Motor Company of Southern Africa.

Transnational Automotive Announces Purchase of 60 City Buses for its Urban Transportation Operation in Cameroon SYS-CON Media Thu, 30 Nov 2006 2:27 PM PST Transnational Automotive Group, Inc. (OTCBB: TAMG) ('TAUG'), a global leader in transportation services and sustainable energy development, today announced the purchase of 60 new city buses to expand 'LeBus', a TAUG subsidiary operating an urban bus company in Cameroon.

Analyze the Activities of the European and American Vehicle and Component Manufacturers The Auto Channel Fri, 01 Dec 2006 11:27 AM PST DUBLIN, Ireland--Research and Markets (http://www.researchandmarkets.com/reports/c46340) has announced the addition of Automotive Emerging Markets - December 2006 to their offering.

ThyssenKrupp Budd Completes Sale of its North American Body and Chassis Operations to Martinrea International The Auto Channel Fri, 01 Dec 2006 8:28 AM PST TROY, Mich., Dec. 1, 2006 -- ThyssenKrupp Budd Company today announced it has completed the sale of its North American automotive body and chassis operations to Martinrea International, Inc., of Vaughan, Ontario, Canada.

Hot products: Fast-sampling oscilloscope, auto signal-conditioning IC EETimes Fri, 01 Dec 2006 10:45 AM PST Among the hottest products at eeProductCenter are a digital sampling oscilloscope with a real-time sampling rate of 1-Gsample/s and a signal conditioning IC for automotive applications.

Popular Wagner® ThermoQuiet® ‘iPad’ Promotion Returns with Special 2-Month Offer
The Auto Channel Fri, 01 Dec 2006 8:29 AM PST
SOUTHFIELD, Mich.--The Wagner ® ThermoQuiet ® “ iPad ” promotion is still rockin ’ . One of the most popular programs ever offered by Federal-Mogul Corporation ’ s Wagner brake products brand, the ‘ iPad ’ promotion – which enables automotive repair professionals to earn 30GB iPods or $25 iTunes Music Cards – returns for a special two-month run through Jan. 31, 2007. The original program ended in