11 Oct 2008 at 8:08pm DETROIT/WASHINGTON, Oct 11 (Reuters) - General Motors Corp said on Saturday it has not sought a federal bailout but did not rule out the possibility of approaching the U.S. government or taking other dramatic steps to survive a worsening downturn in ...
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11 Oct 2008 at 7:18pm Oct. 12 (Bloomberg) -- Ford Motor Co. , after almost three decades as an investor in Japan's Mazda Motor Corp. , is considering selling its controlling stake, a person familiar with the deliberations said. A sale of the one-third holding in Mazda isn ...
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11 Oct 2008 at 6:56pm New York, Oct 11 (PTI) General Motors is in preliminary talks about a possible merger with Chrysler, a deal that could drastically remake the landscape of the US auto industry. The talks between G M and Cerberus Capital Management, the private equity ...
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11 Oct 2008 at 6:49pm Ford Motor Co announced it plans to sell most of its stake in Mazda Motor, the Japanese car manufacturer, citing slow auto sales and the deepening global crisis Photo: BLOOMBERG With its $5 trillion economy and store of cash rich banks, Japan had ...
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5 Oct 2008 at 5:23pm PARIS -- Ford Motor Co. CEO Alan Mulally jumped into the passenger seat of the tiny Ka city car his company had just unveiled at the Paris Auto Show. "The future of the auto industry is on display at the Paris Auto Show, and the future is now," he ...
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5 Oct 2008 at 3:14pm (AP) Hundreds of thousands of new cars and trucks that would have quickly made their way to people's driveways a year ago are now stacking up on dealer lots across the country, with potential buyers worried about whether they'll keep their jobs, be ...
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5 Oct 2008 at 12:05am These days, Stephen Sanick is doing all he can to shield himself from the economic turmoil that is devastating so many of his friends and neighbors. The retired quality control manager bought private health insurance to help offset the cost of his ...
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