Latest News in Car Insurance – Nov 25, 2008
November 25, 2008 by Webmaster
Filed under Car - Truck
Congress expects Detroit Three to show that they’re worth helping – Buffalo News
24 Nov 2008 at 4:30am
WASHINGTON — Leading Democrats expect U. S. automakers will show Congress next month they are worth rescuing and are capable of returning to global pre-eminence. Skeptical Republicans said Sunday that Detroit’s Big Three needed to convince …
Little support for auto-industry bailout – Arizona Daily Star
25 Nov 2008 at 12:25am
Re: the Nov. 20 article “Detroit bailout about to run out of gas.” The story says that U.S. automakers employ roughly a quarter million workers. Is that in Mexico? In Honduras? Or is it here? After 30 years of that “sucking sound,” I can’t believe …
Ford, Volvo lead annual list of safest vehicles – MSNBC
25 Nov 2008 at 12:32am
Nov. 24: Foreign auto companies are having to lease extra space at U.S. ports as their imports fill the docks with dealers unable to move what they already have. CNBC’s Jane Wells reports. WASHINGTON – Dozens of new cars and trucks, led by Ford Motor …
Aid to Big Three should be limited to electric cars – Idaho Statesman
25 Nov 2008 at 12:04am
Government aid to the Big Three automakers should be restricted to the production of electric cars only. The promotion of electric-car technology by government policies would help to significantly reduce global warming. Government aid for the U.S …
‘Bait car’ catches thieves in act – Nashville Tennessean
16 Nov 2008 at 4:56pm
Metro police have a new device designed to catch unwitting auto thieves. Allstate Insurance has donated a bait car, which is a vehicle outfitted with technology that will catch thieves in the act of stealing it. Allstate representatives presented a …
Paulson, Summers, Rubin Agree More Action Is Needed for Economy – Bloomberg
18 Nov 2008 at 5:41am
Nov. 18 (Bloomberg) — U.S. Treasury Secretary Henry Paulson and two of President-elect Barack Obama ’s top economic advisers agreed that further steps are needed to shore up the economy, while clashing over tax policies. “There’s still a good bit …
Paulson, Summers Agree More Action Needed for Economy (Update1) – Bloomberg
18 Nov 2008 at 6:24am
Nov. 18 (Bloomberg) — U.S. Treasury Secretary Henry Paulson and two of President-elect Barack Obama ’s top economic advisers agreed that further steps are needed to shore up the economy, while clashing over tax policies. “There’s still a good bit …
Citigroup rescue a gamble for taxpayers – Seattle Times
25 Nov 2008 at 1:44am
People exit a Citibank in New York. The government is injecting $20 billion into Citi and will guarantee billions more in possible losses. GERALD HERBERT / AP President Bush, accompanied by Treasury Secretary Henry Paulson outside the Treasury …
Global group of regulators to work on financial crisis – Los Angeles Times
25 Nov 2008 at 1:01am
An international group of securities regulators, including the U.S. Securities and Exchange Commission, agreed to begin work on a coordinated response to several aspects of the global financial crisis. The International Organization of Securities …
EDC cuts insurance to Chrysler suppliers – Windsor Star
18 Nov 2008 at 12:33am
Export Development Canada says it will continue to service the $33 million Chrysler LLC owes to Canadian auto parts makers but it won’t be writing any new insurance for the automaker’s suppliers. The Crown corporation has also guaranteed …
