| //10-04-2009 If imitation is the sincerest form of flattery, Hyundai must be blushing.
For the second time in its relatively short history here - Hyundai only began selling cars in the United States in 1986 - the South Korean manufacturer has found a marketing gimmick that forced competitors to copy it. Ford and General Motors announced this week that they were offering their own versions of Hyundai’s "Assurance" program, which makes your payments for a while if you lose your job.
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| //10-04-2009 Honda executives tell Trade Minister fallout from financial woes could hurt supply chain |
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| //09-04-2009 CEO says automaker to focus on improving fuel efficiency instead of developing hybrids |
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 | //07-04-2009 WESTBROOK, Maine -- The struggling big three automakers have started offering an insurance policy of sorts for buyers as car sales have remained slow across the industry for months with no exception in Maine. |
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 | //07-04-2009 |
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| //07-04-2009 Automakers around the world are in turmoil as consumer demand evaporates in
the global credit crisis. |
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| //06-04-2009 Transcast Precision Inc., the transmission-parts maker engaged in a price dispute with Chrysler LLC, was ordered by an Ontario court to provide the automaker with enough inventory for 14 days of production.
Another proceeding is required during the two-week period to settle price and supply issues, Transcast Precision said yesterday in a statement distributed by PRNewswire.
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| //06-04-2009 Automakers were set to release their March U.S. vehicles sales on Wednesday amid continued uncertainty about the future of U.S.-based car makers.
General Motors Corp. faces a June 1 government deadline to find a way to restructure itself, while Chrysler LLC has 30 days to do the same and get Fiat Group SpA to sign on as a partner.
The financial turmoil at the car makers comes at a time when many potential car buyers are dealing with their own money problems, sending new car sales to some of their lowest levels in more than a quarter century.
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| //04-04-2009 Would zero percent financing on a new vehicle make you more willing to take out an auto loan and buy a car?
Automakers hope so as both Ford and GM roll out new consumer protection programs aimed at getting individuals behind the wheel - without worry.
U.S. automakers - struggling themselves to stay afloat during the recession - are taking new steps to help consumers in need of a new car obtain financing and drive off the lot with specific assurances in place should a customer subsequently lose their job.
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 | //19-03-2009 |
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| //16-03-2009 Offering a rare bit of good news on Thursday, General Motors told the U.S task force on the automotive industry that it will not need $2 billion in loans this month. According to a Detroit News report, GM Vice Chairman Bob Lutz said the better-than-expected cash position reflects cost-cutting measures and "some of it is perhaps sales volumes and mix being a little bit better than we assumed |
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