Daily News Channel
Ford, GM, Chrysler to update Midwest factories, add jobs Growing again after years of downsizing, General Motors and Chrysler announced more plans Thursday to renovate plants and restore Rust Belt jobs to build a new generation of cars. And Ford Motor earlier this week announced plans for investment and new jobs at four plants in […]
Hurricane Otto forms in the Atlantic Otto has reached hurricane strength over the Atlantic on a path that’s expected to take it farther out to sea. Hurricane Otto has maximum sustained winds Friday near 75 mph. The U.S. National Hurricane Center in Miami says some additional strengthening is expected but Otto is forecast to weaken […]
China and the US resolved several thorny trade disputes on Thursday even as Beijing confirmed it was investigating potential dumping of US-made cars in the Chinese market.
Formula One cars are a marvel of modern engineering, so much so, that many manufactuers who compete in the sport do so in order to benefit from the technical innovations race-honed research and development creates.
Take a glimpse of the near future.
Formula One’s new Team U.S.
As the U.S. jumps on board the cash-for-clunkers bandwagon, the Obama Administration would do well to pay attention to what is happening in Hamburg’s sprawling harbor. The seaport city is one of the busiest ports in the world: nearly every car — new or used — passes through its docks on the way out of Germany.
With its awful name and convoluted rules, the cash-for-clunkers program might well have been a flop, yet it turned into a surprising success, even inspiring many of its critics to call for an additional $2 billion in funding.
The government estimates 240,000 vehicles have already sputtered off the roads and into dealers’ lots as part of the federal government’s cash-for-clunkers program, in which consumers receive a subsidy of up to $4,500 when they trade in their older, less efficient cars for new models.
Police believe six to eight people were involved in the shooting deaths of a Gulf Coast couple known for adopting special-needs children, authorities said Monday.