AMERICAN HONDA AUTO FINANCE NEWS & INFORMATION
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Thursday, December 04, 2008
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LATEST AMERICAN HONDA AUTO FINANCE NEWS:
Car economy impacts everything
DAN ROSELAND, owner of Sonoma Chevrolet, thinks the bailout of the Big Three is necessary. David Bolling/Index-Tribune While Detroit auto executives occupy the bailout hot seat, thousands of independent auto dealerships all across the country may be the economic tail that wags the dog of the beleaguered American auto industry. Pearlstein: The Auto Bailout Washington Post columnist Steven Pearlstein will be online to discuss the automotive bailout. U.A.W. Makes Concessions in Bid to Help Automakers The surprise move by the United Automobile Workers to accept concessions could be critical in helping the auto industry secure $34 billion in federal aid. U.A.W. Makes Concessions in Bid to Help Automakers The United Automobile Workers union said Wednesday that it would make major concessions in its contracts with the three Detroit auto companies to help them lobby Congress for $34 billion in federal aid, The New York Times’s Bill Vlasic and Nick Bunkley write. AARP’s Stealth Fees Often Sting Seniors With Costlier Insurance Dec. 4 (Bloomberg) -- Arthur Laupus joined AARP because he thought the nonprofit senior-citizen-advocacy group would make his retirement years easier. He signed up for an auto insurance policy endorsed by AARP, believing the advertising that said he would save money. Automakers' bailout: A must, or fool's gold? WASHINGTON -- At stake is the fate of three of the best-known corporations in American history, nearly 30,000 of their employees in Ohio and tens of thousands of jobs throughout the Midwest. GM, Chrysler warn Congress of doom Detroit’s Big Three asked Congress Tuesday for upwards of $34 billion in federal loans to help the American auto industry restructure itself. |







