Auto Bailout Clears House but Faces Hurdles in
Senate
from The Washington Post
The House last
night approved an emergency plan to prevent the collapse of the nation's
domestic automobile industry, but the measure faces serious opposition in the
Senate, where Republicans are revolting against a White House-brokered deal to
speed $14 billion to cash-starved General Motors and Chrysler. More
Recession Puts Dent in Auto Body Shop's Business
from NPR
The economic recession is
threatening not only the big carmakers in Detroit, but many other aspects of the
automotive business. In eastern Dallas, Quality Colors Collision and Pro Shop is
struggling. Normally, the shop does about $1.3 million in business a year, but
October and November have been disastrous, says manager Mike Tavares. Even if
business picks up in December, the shop might take in only $800,000 for 2008.
More
Toyota to Cut North American Production
from The Detroit Free Press
Toyota
Motor Corp. said it would further reduce production at several factories in
North America, as the global slowdown continues to cut into the automaker’s
sales abroad. Japan’s largest carmaker will temporarily suspend output in
December and January, according to Toyota spokesman Paul Nolasco. More
Many Car-Parts Makers Could Go Under
Even if Detroit's car makers get an
interim bailout, their suppliers face a wave of business failures in coming
months that are expected to disrupt the flow of parts to U.S. assembly lines run
by both U.S. and foreign makers. The disruptions won't be as severe or
widespread as they might be in the face of a sudden bankruptcy by a Detroit auto
maker, but industry experts say they are inevitable. More
'Green' Auto Repair Shop Planned for Nashville
Suburb
from Nashville Business
Journal
Firestone Complete Auto Care is constructing a
LEED-certifiable automotive repair retail store in Smyrna, Tenn. Slated to open
in mid-2009, the Firestone Complete Auto Care location will seek certification
through the U.S. Green Building Council’s well-known Leadership in Energy and
Environmental Design (LEED) program. More
Auto Repair: A Recession-Proof Business?
from Hispanic Business Inc.
Just as
rain can be either a blessing or a curse, a recession doesn't mean hard times
for every kind of Park City, Utah, business. According to Tom Gordon, manager at
Mercer Automotive in Park City, Utah, and Lucky Lukenbach of Lukenbach Radiator
in Silver Creek,Utah, there's a tendency for people to invest more in existing
vehicles during a recession instead of buying new ones. More
More Drivers Fixing Problems Instead of Buying New
from WTHR-TV
Because of the economic
downturn, more people are holding onto their vehicles and fixing them to save
money. Because of the economy, car sales are down but car repairs are up. The
price to repair a 1998 Volvo station wagon, according to Dale Frank, a mechanic
and co-owner of Confident Auto Repair in Zionsville, Ind., is right around
$1,400. More
Following NHTSA Probe, Dill Initiates Recall of Tire Stem Valves
Produced in China
After an investigation by the National
Highway Traffic Safety Administration’s Office of Defects, Dill Air Controls
Products is recalling nearly 2 million tire stem valves sold nationwide between
November of 2006 and July of 2007. The impacted model numbers are TR413, TR414
and TR418. More
Collision Techs Among 38 Honored by ASE
from ABRN
Thirty-eight automotive
professionals who are top scorers on the National Institute for Automotive
Service Excellence (ASE) certification tests were recognized recently at the
Fall board meeting of the ASE in San Diego. More