Detroit

Chrysler to hire 1,000 workers

Chrysler-GroupChrysler Group LLC has announced that it is going to take in 1,100 new workers at its plant in Detroit.

The automaker said that the decision was taken after the plant was set up for starting production. The plant will be manufacturing Grand Cherokee, a Jeep model of the company.

This model, Chrysler expects will be helping it to gain back the market share that it has lost over the years.

Ford's award sweep signals hope for US auto industry

Ford-LogoDetroit, Jan 12 : Ford Monday swept the top awards for best car and truck of the year at the annual North American International Auto Show, marking a hopeful start for a US auto industry that is coming through one of its worst-ever years.

The Ford Fusion hybrid won best car and the Ford Transit Connect took best truck as a two-day press preview of the auto show got underway at Detroit's Cobo Centre. Chairman Bill Ford said the company was adding new consumers "every month".

Detroit auto show to open with hopes of brighter 2010

Detroit, Jan 11 - North America's biggest annual auto show was to get underway later Monday as the beleaguered US car industry hopes to gain some momentum for 2010 with an emphasis on smaller, greener vehicles.

General Motors (GM) and Ford, as well as foreign rivals Toyota, Honda, Mercedes and others were set to unveil new 2010 models and concept cars on the first of a two-day press preview of the North American International Auto Show.

More than 5,000 journalists were expected to attend and about 700 models will be on display at the Detroit show. Global carmakers are hoping they can tempt US consumers back into the market after a deep, two-year economic recession that brought the industry to its knees.

Al-Qaeda's Yemen branch planning attacks on US: Paper

 PaperDetroit, Dec 26 - The ranking Republican on the US House Intelligence Committee says the suspected terrorist incident at Detroit Metro Airport could provide further evidence of a Yemen-based branch of al-Qaeda planning an attack on American soil.

"It's not surprising," US Representative Pete Hoekstra, a Holland Republican, was quoted as saying in Detroit's Free Press Journal of the alleged terrorist attempt to blow up a Northwest Airlines flight.

GM board look for faster change, Henderson bids adieu

Fritz Henderson

As per the media reports, Tuesday, GM's board and CEO Fritz Henderson parted ways, as the board was disappointed that the automaker's turnaround wasn't moving faster.

The speculations afloat that the post of CEO will be taken over by Board Chairman Ed Whitacre Jr., the former head of AT&T Inc, while a global search is carried out.

It couldn’t be known whether Henderson or the board moved first in the surprise resignation that arrived just hours before Henderson was to be the high-profile keynote speaker at the Los Angeles Auto Show.

Debt restructuring and product improvements help Ford post $2.3 billion Q2 profit

Debt restructuring and product improvements help Ford post $2.3 billion Q2 profitA surprise $2.3 billion second-quarter net profit by the Detroit-based Ford Motor Co. has substantiated the automaker’s position as the healthiest of the US automakers, showing that the company continues to grab market share from its competitors, General Motors and Chrysler.

GM posts quarterly net loss of 6 billion dollars

 GM posts quarterly net loss of 6 billion dollars Detroit  - Threatened US carmaker General Motors posted a quarterly net loss of 6 billion dollars on Thursday, its eighth quarterly loss in a row.

GM's loss figure for the same period in 2008 was 3.3 billion dollars. Analysts had feared even worse quarterly news this year.

Revenue dropped by 47 per cent, to 22.4 billion dollars. GM, the mother company of similarly struggling European manufacturer Opel, is operating under a US federal bail-out plan.

Fisker shows drophead version of plug-in hybrid

Fisker shows drophead version of plug-in hybridDetroit  - US carmaker Fisker plans to offer a four-seat drophead version of the ground-breaking Karma hybrid, the company announced at the Detroit car show which lasts until January 25.

The Karma Sunset cabriolet on the firm's show stand shares the petrol-electric drivetrain with the closed model, but is slightly shorter. It features an electrically-powered roof which retracts into a compartment behind the seats. The car is due to go into production in 2011, Danish-born former BMW and Aston Martin designer Henrik Fisker told journalists.

Subdued Detroit auto show reflects economic realities

Subdued Detroit auto show reflects economic realitiesDetroit  - US carmakers have to walk a very fine line at this year's Detroit auto show, keenly aware of the economic realities that hovered over what is usually a glittering affair.

After pleaded with the US Congress for emergency loans to stay alive, US manufacturers are being careful to avoid the kinds of expensive-looking exhibits that could smack of hypocrisy - and a waste of taxpayer money.

Entrance at Detroit auto show made by Lincoln C concept car

Entrance at Detroit auto show made by Lincoln C concept carIt took quite a long time for the Ford designers to create the latest concept car, the Lincoln C concept car of the future.  

Finally, after when the car’s design was locked last spring, makers went under strict observation and amendments for months, and at last Lincoln C concept car of the future unveiled Monday in Detroit.

GM could need more US funds, won't rule out petrol tax

GM could need more US funds, won't rule out petrol taxDetroit  - General Motors Corp cannot rule out the possibility that it will need another cash injection from the US government, which threw ailing automakers a lifeline late last year, GM's chief executive Rick Wagoner said at the Detroit auto show on Monday.

Wagoner also suggested he was open to raising petrol taxes in the United States, which are far lower than in Europe, if it could help the US car industry complete the shift to fuel-efficient vehicles that are more common in other countries.

Toyota launches 2010 Prius as Honda hopes to compete

Toyota launches 2010 Prius as Honda hopes to compete Detroit  - Toyota Motor Co on Monday unveiled the third version of its best-selling hybrid car, the Prius, one day after Honda Motor Co launched a similar car it hopes can eat into Toyota's commanding share of the hybrid market.

The 2010 Prius, which Toyota says is more fuel-efficient than any other car on the market, was the highlight of this year's North American International Auto Show in Detroit, a toned-down affair as automakers leave behind one of their worst sales years in decades.

GM won't rule out request for more government funds

GM won't rule out request for more government funds Detroit  - General Motors Corp cannot rule out the possibility it will need another cash injection from the US government after the Bush administration threw ailing automakers a lifeline late last year, GM President Frederick Henderson said at the Detroit auto show on Monday.

GM and Chrysler were given a 13.4-bilion-dollar loan from the government through the end of March, and Henderson said he could not say whether additional help would be need after that.

Chief Executive Rick Wagoner earlier also did not rule out that possibility.

Revamped Maserati Quattroporte weighs in at Detroit show

Revamped Maserati Quattroporte weighs in at Detroit show Detroit  - The latest incarnation of Maserati's Quattroporte luxury four-seater, the Sport GTS, will make its international debut at the upcoming North American International Auto Show in Detroit from January 17-25, 2009.

Volvo to unveil S60 Concept in Detroit

Volvo to unveil S60 Concept in DetroitDetroit  - Volvo is set to unveil the 2010 successor model to the current S60 featuring a range of new technical details at the Detroit Motor Show in January.

Designed by Steve Mattin, who previously worked for Mercedes, the coupe-like concept is a distinct break from previous box-like designs.

"We will place emphasis on powerful-looking cars with wide shoulders, but have variations from model to model. The upright front with V-shaped bonnet will remain," Mattin told Germany's auto-motor-sport magazine.

Mercedes reveals BlueZERO modular plans for electric drive

Mercedes reveals BlueZERO modular plans for electric driveDetroit  - Mercedes has revealed plans for a modular electric drive concept with a BlueZERO concept vehicle at the Detroit Motor Show.

Based on a single vehicle architecture, the BlueZERO E-Cell vehicle has a battery drive with a range of 200 kilometres. The F-Cell version with a fuel cell puts the range at over 400 kilometres while the E-Cell Plus with electric drive combined with an internal combustion engine has an overall range of up to 600 kilometres.

Medical marijuana approved in Ferndale

Medical marijuana approved in FerndaleA proposal to distribute medical marijuana by a private group has been approved in northern Detroit suburb. 

The opponents’ arguments that medical marijuana would increase crime and recreational use of the drug were discarded by the voters. 63% voters in Michigan favored the proposal.  

The proposal would be implemented later this month. This means, patients suffering from cancer, hepatitis C, HIV/AIDS, glaucoma and other illnesses to grow would be allowed to possess and use marijuana.

General Motors continues slide, global sales down 6 percent

Detroit - Sales volumes at General Motors continued to drop rapidly in the first nine months of 2008, the ailing carmaker reported Wednesday.

The company reported sales of 6.66 million vehicles, almost 6 per cent less than during the same period last year. In the third quarter alone, the company's sales fell by
11.4 per cent to 2.11 units.

GM, which recently lost its title as the world's leading carmaker to Toyota, is currently considering a merger with Chrysler. (dpa)

Newspaper endorsements: Detroit Free Press endorses Obama

In the most recent of the newspaper endorsements of the presidential candidates, the Detroit Free press endorsed Democratic Barack Obama on Sunday, calling the Illinois senator, the stronger candidate.

Admitting that the country clearly needs some change, the Free Press - that endorsed McCain for the Republican presidential nomination in 2000 and this year - said that Obama is “not only proposing better ones but is also better suited to the job of getting them done.”

The newspaper also noted: “The McCain running against Obama in this general election has not been the same candidate; he has been nastier, less consistent and, since his acceptance speech at the GOP National Convention, frankly uninspiring.”

GM to lay off 3500 workers, build fewer pickups, SUVs

Detroit, US  - The United States' largest automaker General Motors (GM) announced it is set to lay off 3,500 workers as it reduces its production of pickup trucks and heavy four-wheel vehicles due to falling demand.

After laying off a shift in four North American factories, GM plans to make around 88,000 fewer pickup trucks and 50,000 fewer sports utility vehicles (SUVs) this year. This corresponds to more than 10 per cent of the previous year's production in this sector.

According to the announcement late Monday evening, the market for pickup trucks and SUVs slipped as much as 20 per cent in the first quarter. The company speculated that the change in the market was due to high fuel prices and the general economic downturn.



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