Bankrupt U.S. automaker General Motors said today it would offer 0 percent financing for up to 72 months on most of its soon-to-be-discontinued Pontiac brand and some other vehicles.
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Updates from June, 2009
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8:01 pm on June 30, 2009
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8:01 pm on June 30, 2009
Chrysler’s former financial arm said Tuesday that it will reduce its work force by 9 percent, or more than 300 employees, as it restructures operations after losing its preferred lender status with the automaker.
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8:01 pm on June 30, 2009
GM’s CEO was grilled by a string of lawyers on Tuesday about his company’s bid to sell its “good” parts into a new company and emerge from bankruptcy protection.
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8:01 pm on June 30, 2009
Chrysler Financial will cut about 350 jobs and close a customer service center near Kansas City due to tight credit and weak car sales, the financial services firm said today.
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8:01 pm on June 30, 2009
True, the new program offers to pay $3,500 or $4,500 for old, gas-guzzling cars and trucks, but while the government’s plan may benefit some buyers, it’s not for everyone.
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8:01 pm on June 30, 2009
If plug-in hybrid vehicles proliferate as expected, utilities will be able to handle the added power demand without building new plants or straining transmission power grids as long as owners plug in overnight, the New York grid manager said in a…
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8:01 pm on June 30, 2009
Saab Automobile could increase production to meet higher demand if it secured bridge financing from the government, the struggling Swedish carmaker’s CEO said today.
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8:01 pm on June 30, 2009
Amid the launch of the third-generation Prius hybrid, Toyota Motor Corp. is taking a beating online and in court by owners who charge that some older models of the popular car have faulty headlights that can cost more than $1,000 to replace.
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8:01 pm on June 30, 2009
The Obama administration today approved California’s long-standing bid to set its own tough standards for vehicle tailpipe emissions, a decision in tune with a national plan to boost fuel efficiency and reduce greenhouse gases linked to climate…
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8:01 pm on June 30, 2009
U.S. light-vehicle sales in June may rise to an annual rate of 10 million units for the first time this year, a sign that a two-year decline may have hit bottom.
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