Back from the brink: Detroit automaker on its way to reclaiming glory

Oct 10, 2011 Randy Mosteller

The auto industry in the United States has certainly gone through its fair share of ups and downs in the past few years. And perhaps no company has been in as dire a situation as Chrysler. In 2009, the company, then known as DaimlerChrysler,


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Auto industry financing: The real story

Oct 08, 2011 Randy Mosteller

Auto industry financing is one of the biggest issues for both car dealers and consumers everywhere, with a large part of the economy based on consistent sales figures. However, thanks to the down turn in spending, the industry has had its fair


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Auto dealers lobby against higher MPG requirement

Oct 07, 2011 Randy Mosteller

Auto dealers from different regions throughout the United States recently gathered in Washington, D.C., hoping to lobby federal officials against the implementation of a miles-per-gallon standard for new cars.Forbes reports that approximately


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Out of gas: Congress may cut off auto industry financing

Oct 07, 2011 Randy Mosteller

The United States House of Representatives recently made headlines after it approached a bill that seeks to curb the government's auto industry financing.The Detroit News reports that the House recently approved a stopgap bill that will


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Auto industry pressures Congress on loan reduction

Oct 06, 2011 Randy Mosteller

Officials from the auto industry and other business leaders have urged the federal government to avoid taking $1.5 billion away from a loan program that supports the development and production of more fuel-efficient cars and trucks, stating


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