Grand Blanc soldier sworn in as attorney while stationed in Iraq ( Fri, 03 Jul 2009 00:12:00 +0200) Read more
Detroit revises homicide numbers after News report ( Thu, 02 Jul 2009 23:27:00 +0200) Read more
Sole suspect in shooting of teens at bus stop released ( Thu, 02 Jul 2009 23:27:00 +0200) Read more NZ new car registrations up 8 pct in June - NZTA ( Thu, 02 Jul 2009 23:28:03 +0200) WELLINGTON, July 3 (Reuters) - New Zealand new car registrations rose for a second consecutive month in June, rising 8.2 percent to 4,306 over the month Read more
UPDATE 2-Fate of GM in hands of US bankruptcy judge ( Thu, 02 Jul 2009 23:28:13 +0200) * GM seeks court approval for sale * GM lawyer says company losing market share * Dissenting bondholder group asks Judge to block sale * Judge's ruling Read more
GM says it could liquidate if sale not approved ( Thu, 02 Jul 2009 16:31:00 +0200) General Motors would be forced into liquidation if its proposed asset sale were not approved despite urging from dissident bondholders that another course be pursued, the company's lead bankruptcy lawyer said today. Read more
Magna board set to approve Opel plans next week, Reuters reports ( Thu, 02 Jul 2009 17:01:00 +0200) Magna International Inc.'s board of directors is scheduled to approve on Tuesday a business plan for the acquisition of German carmaker Opel, two sources familiar with the matter said today. Read more
I-75 reopens near Rosa Parks ( Thu, 02 Jul 2009 19:47:00 +0200) Read more Michigan family finds prehistoric bones in yard ( Thu, 02 Jul 2009 21:12:00 +0200) Read more ANALYSIS-Recovering ABS may relapse if TALF support pulled ( Thu, 02 Jul 2009 21:21:02 +0200) By Nancy Leinfuss NEW YORK, July 2 (Reuters) - The Federal Reserve jolted the U.S. asset-backed securities market back to life this year, after a crippling Read more BAIC to unveil better nonbinding Opel offer--paper ( Thu, 02 Jul 2009 21:21:12 +0200) FRANKFURT, July 2 (Reuters) - Chinese state-owned automaker Beijing Automotive (BAIC) will unveil an improved nonbinding offer for German carmaker Opel Read more Magna set to resolve Opel issues by July 7, Reuters reports ( Thu, 02 Jul 2009 17:01:00 +0200) Magna International Inc. expects to resolve the last few issues holding up its takeover of German carmaker Opel from former parent General Motors by Tuesday, July 7, two sources familiar with the matter said today. Read more Suzuki offers free gas as sales plummet ( Thu, 02 Jul 2009 19:31:00 +0200) American Suzuki, battling an industry-worst 78 percent decline in June U.S. sales, said it will offer three months of free gasoline on its SX4 compact car line. The offer does not extend to the Grand Vitara crossover or any other Suzuki model. Read more UPDATE 4-Magna board set to approve Opel plans -sources ( Thu, 02 Jul 2009 20:18:58 +0200) * Meeting on July 7 to approve Opel business plan -sources * Magna to iron out last remaining issues with GM -sources * BAIC aims to submit bid ahead Read more Israel Chem, Volkswagen in magnesium venture deal ( Thu, 02 Jul 2009 20:19:08 +0200) TEL AVIV, July 2 (Reuters) - Israel Chemicals Ltd (ICL) and Volkswagen AG have reached a compromise over the German carmaker's demand to pull out of their Read more
RUSSIA'S SBERBANK CEO SAYS DOES NOT SEE SERIOUS COMP ( Thu, 02 Jul 2009 10:45:36 +0200) RUSSIA'S SBERBANK CEO SAYS DOES NOT SEE SERIOUS COMPETITION IN OPEL DEAL Read more
RUSSIA'S SBERBANK CEO SAYS CHOICE HAS BEEN MADE ON O ( Thu, 02 Jul 2009 10:45:46 +0200) RUSSIA'S SBERBANK CEO SAYS CHOICE HAS BEEN MADE ON OPEL, NOW JUST NEED TO FINALISE DEAL STRUCTURE Read more
Russia's Sberbank sees no real competition for Opel ( Thu, 02 Jul 2009 10:45:56 +0200) MOSCOW, July 2 (Reuters) - The head of Russia's Sberbank said on Thursday he sees no serious competition in its takeover of German carmaker Opel, which Read more S.Africa's June new vehicle sales fall 22.6 pct y/y ( Thu, 02 Jul 2009 10:46:06 +0200) JOHANNESBURG, July 2 (Reuters) - South African total industry new vehicle sales plunged by 22.6 percent to 33,124 units in June compared with the same Read more Exporters struggle to get trade loans - WTO's Lamy ( Thu, 02 Jul 2009 11:50:17 +0200) * WTO chief says global market for trade finance still tense * Exporter lending costs stabilise in Brazil, India, China * Africa, Asia, Latin America, Read more TEXT-Fitch afrms rtg of Tri Petch Isuzu Sales' backed debentures ( Thu, 02 Jul 2009 11:50:27 +0200) (The following statement was released by the ratings agency) July 2 - Fitch Ratings (Thailand) Limited has today affirmed the National Long-term rating Read more
BMW says to continue short working hours in H2 ( Thu, 02 Jul 2009 11:50:37 +0200) MUNICH, July 2 (Reuters) - German carmaker BMW will continue its short working hours programme in its German plants in the second half of this year, a Read more
UPDATE 2-BAIC 'drafting Opel bid', Sberbank calls race over ( Thu, 02 Jul 2009 11:50:47 +0200) * BAIC plans bid ahead of July 15 deadline - source * Magna partner Sberbank sees no serious competition * Opel union leader says GM playing high-stakes Read more
REFILE-UPDATE 2-BAIC drafting Opel bid, Sberbank says race over ( Thu, 02 Jul 2009 11:50:57 +0200) (Refiles to correct spelling of 'frontrunner' in first paragraph) * BAIC plans bid ahead of July 15 deadline - source * Magna partner Sberbank sees no Read more UPDATE 1-SAfrican June car sales fall; decline slowing ( Thu, 02 Jul 2009 11:51:07 +0200) * Total new vehicle sales down 22.6 pct yr/yr * Pace of decline slows from April and May * Market seen bottoming out in coming months * Exports plunge Read more
FACTBOX-World's top steel producers in 2008 ( Thu, 02 Jul 2009 12:53:07 +0200) July 2 - China's insatiable appetite for steel has helped the country's steelmakers overtake most of their Japanese and Korean peers in the top five ranking Read more
Bing to meet with teen shooting victims ( Thu, 02 Jul 2009 13:22:00 +0200) Read more
TEXT-S&P says European Auto ABS performance deteriorated in Q1 ( Thu, 02 Jul 2009 13:54:46 +0200) (The following statement was released by the ratings agency) July 2 - The European economic environment is generally causing deterioration in the performance Read more Researchers Look to Supercapacitors for Future Mild Hybrids ( Thu, 02 Jul 2009 13:54:56 +0200) Valeo already has plans to deliver a supercapacitor mild-hybrid system to another auto maker in 2011, but the PSA project is targeted at reducing costs for high-volume production. Read more Forte Hybrid Expected to Get Korean Tax Break ( Thu, 02 Jul 2009 13:55:06 +0200) The Honda Civic Hybrid, Lexus RX 450h and Hyundai Avante LPI hybrid, a sister model to the Forte, all made the cut on the Korean Ministry of Knowledge tax-break list. Read more
Magna board set to approve Opel plans next week, Reuters reports 
Suzuki offers free gas as sales plummet 
Israel Chem, Volkswagen in magnesium venture deal 
TEXT-Fitch afrms rtg of Tri Petch Isuzu Sales' backed debentures 
BMW says to continue short working hours in H2 
Forte Hybrid Expected to Get Korean Tax Break 
