OH LOOK, A SHINY THING! Worthington in the News
Another collection of Google Alerts, finely pruned to remove the boring stuff:
Chrysler elimination proposal:
http://i... Posted on 5/22/09 at 6:55 AM
People rarely pick a fight with Dirty Harry. But Chrysler's "Halftime in America" ad featuring quintessential tough guy Clint Eastwood has generated fierce debate about whether it accurately portrays the country's most economically distressed city or amounts to a campaign ad for President Barack Obama and the auto bailouts.
The Dart is a crucial test of the Chrysler-Fiat alliance, one aimed at saving millions of dollars by reusing Fiat frames, engines and technology, yet giving them an American style with more space for people and gear. The Dart is the first Chrysler designed jointly by the companies.
New car buyers looking for a bargain this summer may have to wait. Dealers usually offer discounts during the warmer months to clear out older models, but cars are in short supply this year because of the Japan earthquake and other factors.
In a report from the president's National Economic Council, officials said that figure is down from the 60 percent the Treasury Department originally estimated the government would lose following its $80 billion bailout of Chrysler and General Motors in 2009.
Vice President Joe Biden on Saturday credited the Obama administration's intervention for the American auto industry's recovery from "the brink of extinction" and pointed to Chrysler's early repayment of the federal loan that saved it from disaster.
U.S. Treasury still owns 8.6 percent of Chrysler; feds unlikely to give all of it back The repayment — expected for weeks — is a huge step in the automaker's unlikely comeback. Chrysler went from a company that almost ran out of cash and survived a 2009 bankruptcy to one that is revamping its aging lineup and last quarter posted its first net profit in five years, a modest $116 million.
Slightly more Americans now say the United States makes better-quality vehicles than Asia does, with 38 percent saying U.S. cars are best and 33 percent preferring autos made by Asian companies, according to an Associated Press-GfK Poll.
Chrysler Group LLC posted its worst sales in 47 years, selling just over 931,000 cars and trucks. It was the first time sales dropped below 1 million since 1962. Ford Motor Co. said full-year sales declined 15 percent, but the company said it posted its first full-year gain in U.S. market share since 1995.
Dee-Ann Durbin and Tom Krisher
, January 05, 2010
New Hampshire’s newspapers were kind to Minnesota Gov. Tim his inaugural visit as a potential presidential candidate. The Concord Monitor’s headline read, “Pawlenty: U.S. is not a beggar; Minnesota governor rallies state Republicans.” The Monitor said the Republican governor “delivered a stinging critique of Democratic policies as he urged Republicans to band together and grow the party.”
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