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Last updated: 22:49:11 Tuesday Nov 17, 2009


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  • Ford, Subaru, VW win insurance industry picks
    WASHINGTON - Ford, Subaru and Volkswagen sit atop the insurance industry's annual list of the safest new vehicles, according to a closely watched assessment used by car companies to lure safety-conscious consumers to showrooms.   Source:(AP)   2009-11-17

    Five Things the U.S. Can Learn from China
    On the evening of Nov. 15, President Barack Obama, the youthful leader of one of the world's youngest countries, begins his first visit to China, among the world's most ancient societies. Obama and his Chinese counterpart, Hu Jintao, have much to discuss. Nukes in Iran and North Korea. China's surging military spending. Trade imbalances. Climate change.   Nations:China North Korea U.S.   People:Hu Jintao Barack Obama   Activities:China-U.S. Trade Ties   2009-11-16

    Still losing cash, GM to repay aid early, plans 2010 IPO
    WASHINGTON (AFP) - An improving global auto market will allow General Motors to repay government loans early and move toward a 2010 share offering, executives said Monday as the automaker revealed fresh losses.   Nations:Canada   Source:(AFP)   2009-11-16

    GMAC CEO Alvaro de Molina steps down
    NEW YORK - GMAC Financial Services said Monday that Alvaro de Molina has stepped down as CEO, a surprise departure that comes as the troubled auto lender remains in negotiations with the government over its third round of taxpayer aid.   People:Christopher Dodd   Source:(AP)   2009-11-16

    Opel turnaround 'would cost GM twice as much'
    BERLIN (AFP) - General Motors will have to spend at least twice the three billion euros (4.5 billion dollars) it is budgeting to turn around its European unit Opel/Vauxhall, a union chief predicts.   Nations:Poland Spain   People:Angela Merkel   Source:(AFP)   2009-11-14

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