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EADS opens exclusive talks to sell majority stake in Socata to Daher ... - F...

4 Jul 2008 at 12:18pm  (Updates with confirmation of contract win for Daher/Socata on A350, comments on timescale) PARIS (Thomson Financial) - EADS NV said it has opened exclusive negotiations with French aerospace, defence, nuclear and automobile group Daher on the sale ...

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Automotive industry cuts become campaign issue - Chicago Tribune

4 Jul 2008 at 12:18pm  MORAINE, Ohio - When Delphi Corp. closed its auto-parts plant in this Dayton suburb last year, Mark Profitt found himself without a job after a 21-year career at the factory. And when General Motors Corp. announced last month that it plans to close ...

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Wobbly shares of GM recover slightly - Detroit Free Press

4 Jul 2008 at 11:57am  Shares of General Motors Corp. rebounded by 1.4% to $10.12 Thursday from a Wednesday low not seen since 1954 as an analyst waved off the threat of bankruptcy but said the automaker may need to raise $10 billion to ride out deteriorating U.S. auto ...

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Mercedes-Benz Cars first half sales up 8 percent, Asia-Pacific region ... - ...

4 Jul 2008 at 11:42am  FRANKFURT, Germany : German carmaker Daimler AG said Friday that unit sales for its Mercedes-Benz Cars unit were up 8 percent in the first half of the year. Deliveries of Mercedes-Benz, AMG, smart, and Maybach brand vehicles set a new sales record of ...

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Gas prices scale record $4.10 a gallon - CNN Money

4 Jul 2008 at 11:42am  LONDON (CNNMoney.com) -- The high cost of gas is one thing Americans won't be celebrating on July 4. Retail gas prices in the U.S. rose overnight to a record high for the fifth straight day, a daily survey by auto club AAA showed Friday. The ...

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Credit crisis: Video games like Wii Fit and GTA IV benefit as families ... -...

4 Jul 2008 at 11:07am  Video games are experiencing a surge in popularity as families affected by the credit crunch shun expensive trips to the cinema and restaurants in favour of staying in. New figures show that the video industry is defying the economic downturn thanks ...

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JPMorgan: Detroit automakers face liquidity crisis - Detroit Free Press

3 Jul 2008 at 7:22pm  NEW YORK ? Analysts at JPMorgan painted a bleak picture for Detroit?s automakers today, suggesting General Motors Corp. might need to raise $10 billion, Ford Motor Co. could be forced to sell Volvo and Chrysler LLC may have few if any options by ...

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