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Hyundai: Lost Your Job? Return Your Car, No Additional Cost
Dubbed the Hyundai Assurance Program, the South Korean automaker said that people who finance or lease a new Hyundai during the next 12 months can return the car if they experience an involuntary l..U.S. to lend $1.5 billion to Chrysler Financial (Reuters)
Reuters - The U.S. Treasury on Friday agreed to lend Chrysler LLC's finance arm $1.5 billion for five years to fund new car loans and boost sales for the sputtering Detroit automakerIllustrated: Ferrari's 700+ hp Enzo successor!
Considered by many enthusiasts as the ultimate modern Ferrari, the limited-edition Enzo's replacement will be a tough act to follow up for the Italian automaker. The second-generation Enzo, also na..G.M. Sells Saab to Swedish Automaker
General Motors said it had reached a tentative deal to sell the Saab unit to a consortium led by Koenigsegg Automotive.The Streak is Ending: Toyota Expects First Operating Loss
Toyota Motor Corp, the world's biggest automaker, on Monday forecast its first ever group operating loss due to a relentless global slide in car sales and a crippling rise in the yen.Chrysler in unit sale talks, but Renault denies (Reuters)
Reuters - Chrysler is in talks to sell key assets to Renault-Nissan and auto supplier Magna according to people with knowledge of the discussions, though the French automaker on Wednesday denied s..GM Restructuring (Mil Arcega)
The head of General Motors says the Detroit automaker will eliminate some brands, slash thousands of jobs and shut down more factories soGeneral Motors Files for Bankruptcy
General Motors filed for bankruptcy protection June 1st in a deal that will give taxpayers a 60 percent ownership stake in the struggling company.
