2009 Car Sales: Detroit Can't Cut Costs Enough

What do January car sales mean for the auto bailout? The need for more money

Topics:  january   car sales   
BING NEWS:
  • Advance Auto Parts to close hundreds of stores, slash jobs amid sluggish demand
    The company reported it will close 523 corporate stores, exit 204 independent locations and shutter 4 distribution centers by mid 2025.
    11/15/2024 - 2:50 am | View Link
  • GM lays off about 1,000 workers, cutting costs to compete in crowded auto market
    General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market ...
    11/15/2024 - 1:11 am | View Link
  • What auto suppliers are doing as they grapple with lower sales
    Reduced vehicle output by the Detroit 3 automakers and a slowdown of requests for bids for new programs has caused widespread revenue decreases for suppliers and anxiety about the year ahead. Many of ...
    11/13/2024 - 8:46 pm | View Link
  • Fed cuts interest rates a second time but economists say 2025 outlook uncertain
    Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
    11/11/2024 - 8:46 am | View Link
  • Stellantis Slashes Another 400 Jobs in Detroit
    Fresh off of laying off 1,100 employees at its Toledo, Ohio production facility, Stellantis is at it again, cutting another 400 jobs at an automotive parts facility in Detroit, Michigan. It’s the ...
    11/10/2024 - 8:03 pm | View Link
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