Fiat Confirms Talks with GM Europe

May 4, 2009


The Italian automaker confirmed talks to purchase GM’s European operations.
Wired PR News – Fiat Group SpA may emerge as one of the world’s largest automakers if the company reaches an agreement with General Motors Corp. for the purchase of their European operations. As reported by the Associated Press (AP), the Italian automaker confirmed talks on […]

GM to Phase Out Pontiac Under New Plan

April 28, 2009


General Motors Corp’s restructuring plan includes phasing out their Pontiac brand.
Wired PR News – General Motors Corp.’s new plan for restructuring includes massive job cuts and phasing out one of their most recognized brands. As reported by the Associated Press (AP), the automaker laid out the plans on Monday to cut 21,000 jobs in United […]

Ford May Survive Without Bailout

April 25, 2009


The auto giant may be saved from requiring a federal bailout for survival.
Wired PR News – Ford Motor Co. may have found its saving grace in its restructuring efforts. As reported by the Associated Press (AP), the company’s earnings and new products may help it steer clear of intervention from the government.
Aaron Bragman with IHS […]

Automakers Scramble to Avoid Bankruptcy

April 1, 2009


General Motors and Chrysler rush to make necessary changes to meet the Obama administration deadline for proving sustainability.Wired PR News – General Motors and Chrysler are rushing to meet impending deadlines to make necessary changes to receive further government assistance. As reported by the Associated Press (AP), the auto giants have until June 1, to […]

Obama to Sign Economic Bill Today

February 18, 2009


The President is set to sign the recently passed stimulus bill into law today.
Wired PR News.com – Obama is set to sign into law a massive stimulus plan Tuesday that many believe is a first important step towards significantly changing the country’s economic circumstances for the better. As reported by the Associated Press (AP), President […]

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