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GM May Not Require Further U.S. Loans to Survive (Update1) - Bloomberg
Jan. 7 (Bloomberg) -- General Motors Corp. said it has enough government loans to cover its worst-case forecast for U.S. auto sales and won’t need more if the economy holds up. Pledges from the U.S. Treasury for as much as $13.4 billion to help GM ...
Read more...PREVIEW-Canada job losses may be modest in December - FXStreet.com
OTTAWA, Jan 7 (Reuters) - Canadian employers continued to lay off workers in December but the domestic labor market has yet to feel the full force of the U.S. recession, analysts said on Wednesday. Analysts surveyed by Reuters forecast a December ...
Read more...Automakers' Cdn subsidiaries post weak December sales amid slumping ... - News1130.com
TORONTO - Last month was the worst December for Canadian car and truck sales in 13 years, with automakers reporting an average 21 per cent decline year over year - a number analysts say could continue to spiral downward in 2009 and beyond. "Canada ...
Read more...Automakers' Canadian subsidiaries see weak December sales amid ... - News1130.com
TORONTO - Less than half the vehicles sold in Canada in 2008 were produced by the Detroit Three automakers - a first for the struggling North American auto industry as bleak December sales data capped off a dismal year. Foreign automakers sold 51.2 ...
Read more...Automakers’ Canadian subsidiaries see weak December sales amid ... - Fort Francis Times
TORONTO — Less than half the vehicles sold in Canada in 2008 were produced by the Detroit Three automakers — a first for the struggling North American auto industry as bleak December sales data capped off a dismal year. Foreign automakers sold 51 ...
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