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AN’s Edward Lapham Has Lost the PlotThese are stressful times for Detroit. All that Motown’s mavens held dear is dead or dying. The shock is equally brutal for the town’s cheerleaders, whose teams have all been routed and now, publicly humiliated. Automotive News’ [sub] Edward Lapham has snapped. The Executive Edi... |
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GM: Opel Not For SaleThat was quick. GM is saying nein, danke to SolarWorld’s offer to buy elements of its Opel subsidiary for one billion Euros. “This is pure speculation. Opel is not for sale,” GM Europe spokesman Nelson Silveira tells Automotive News [sub]. Meanwhile Opel is slashing production, ... |
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Getrag's U.S. transmission plant files for CH11 after Chrysler pull-outFiled under: Plants/Manufacturing, Chrysler, LLC.The roundabout that was the Chrysler, LLC-Getrag partnership recently came to an end with Chrysler pulling out the deal, citing untenable financing terms. Now Getrag Transmission Manufacturing, the U.S. company that was going to build the dual-clut... |
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Chrysler, ZF partnering on axle plant in MichiganFiled under: Plants/Manufacturing, Chrysler, LLC.One door closes, another one opens. Just as Chrysler is working to extricate itself from its deal with Getrag, the Pentastar people are about to announce a deal with ZF Friedrichshafen AG. Chrysler is erecting a plant in Marysville, Michigan that w... |
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Bailout Watch 191: The Battle Lines are DrawnWe’ve already reported that the White House isn’t keen on Democratic plans for a Motown bailout. As Automotive News [sub] reminds us, George W. doesn’t want the dems to appropriate the $700b appropriation earmarked for bailing out America’s financial system. As an alternat... |
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Between The Lines: Automotive News: The Cost of GM’s DeathI can't remember the last time Automotive News [sub] unleashed an email alert for an editorial. Hell, I can't remember the first time they did it. As in this is it: the first time. You see how stunned I am? Well, no prizes for guessing which side of the bailout issue Crain's boys fall. They unlea... |
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