Automotive News - Va. auto dealers predict rescue will buy more time - Richmond Times-Dispatch
Saturday, December 13th, 2008
Virginia automobile dealers are sighing with relief and hoping time heals all wounds. The Bush administration’s declaration yesterday it would intervene to prevent an auto industry collapse creates a window of opportunity to solve the industry’s
20 GM plants to close for now - Vindicator
NEW YORK General Motors Corp. said Friday it will temporarily close 20 factories across North America and make sweeping cuts to its vehicle production as it tries to adjust to dramatically weaker automobile demand. The Lordstown complex was not
Formula One Implements Cost-Cutting Plans - WPXI
PARIS — In light of the global financial crisis, the governing body of Formula One racing has announced a series of cost-cutting measures for the sport. Among the changes, longer-lasting engines and limits on testing. Each driver will now be limited

