Latest News in Car Insurance – March 31, 2009
March 31, 2009 by Webmaster
Filed under Car - Truck
Mich. auto insurance to rise in July – Lansing State Journal
31 Mar 2009 at 12:55am
The Michigan Catastrophic Claims Association on Monday raised the annual assessment to $124.89 per vehicle. The assessment is passed on from insurance companies to drivers’ annual insurance bills. The MCCA reduced the charge by about $18 to $104.58 …
Obama sends stern message to troubled auto industry – Mydesert.com
31 Mar 2009 at 12:33am
By now, it may seem obvious that the government is playing major roles in running huge corporations, including banks, insurance companies and automakers receiving billions of dollars in federal aid. Yet the message is still hard to absorb by many …
What Michigan needs from ‘expedited’ auto bankruptcies – Detroit Free Press
31 Mar 2009 at 12:19am
President Barack Obama has delivered a diplomatic but unambiguous ultimatum to UAW leaders, bondholders and other auto company stakeholders: Either everyone agrees to give up more than they relinquished in the restructuring plans General Motors and …
Analysis: Obama tougher on autos than banks – Associated Press
31 Mar 2009 at 12:47am
WASHINGTON (AP) — President Barack Obama is dealing with the beleaguered auto industry more sternly than he has with bailed-out banks and insurers as he takes the nation another step into uncharted government regulation of industry. The decision …
Autos put on a short lease – Chincoteague Beacon
31 Mar 2009 at 1:02am
WASHINGTON — President Barack Obama asserted unprecedented government control over the auto industry Monday, bluntly rejecting turnaround plans by General Motors Corp. and Chrysler LLC, demanding fresh concessions for long-term federal aid and …
TAKE A LOOK-Auto industry in turmoil – CNN Money
30 Mar 2009 at 5:24pm
Automakers around the world are in turmoil as consumer demand evaporates in the midst of a global debt crisis. Governments face pressure to provide funding. In the United States, President Barack Obama rejected automaker restructuring plans and …
GM, Chrysler put on short leash – Pueblo Chieftain
30 Mar 2009 at 11:00pm
WASHINGTON — President Barack Obama asserted unprecedented government control over the auto industry Monday, bluntly rejecting turnaround plans by General Motors Corp. and Chrysler LLC, demanding fresh concessions for long-term federal aid and …
Obama delivers ultimatum to GM, Chrysler – Baltimore Sun
31 Mar 2009 at 12:33am
WASHINGTON – General Motors is on a short leash. Chrysler – even shorter. President Barack Obama asserted unprecedented government control over the auto industry Monday and delivered an ultimatum to the two auto giants. He bluntly rejected their …
Tougher line signals loss of patience – Indianapolis Star
30 Mar 2009 at 9:41pm
WASHINGTON — President Barack Obama is dealing with the beleaguered auto industry more sternly than he has dealt with bailed-out banks and insurers as he takes the nation another step into uncharted government regulation of industry. The decision …
Obama takes the wheel, but this road has no map – Pioneer Press
30 Mar 2009 at 10:31pm
As an assertion of government control over a huge swath of the industrial landscape, President Barack Obama’s decision to reshape the automobile industry has few precedents. In essentially taking command of General Motors and telling Chrysler to …
