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Car Makers

Saab Attempts To Avoid Bankruptcy With Big Property Deal

AP | By LOUISE NORDSTROM | Posted 08.28.2011 | Business

STOCKHOLM -- Crisis-hit car maker Saab has struck a $40 million deal to sell and lease back property in an effort to improve its ailing finances that ...

The 'Surprises' of the Japanese Crisis and the Investment Lessons to Learn

Gemma Godfrey | Posted 10.26.2011 | Business
Gemma Godfrey

Surprise consequences to the earthquake in Japan have revealed significant weaknesses in both the worlds of politics and business and from an investment point of view, there are lessons we can learn.

Warren Buffett's Company Fined, Factories Confiscated In Land Dispute

Bloomberg News | Posted 05.25.2011 | Business

BYD Co., the Chinese carmaker part- owned by billionaire Warren Buffett's Berkshire Hathaway Inc., was fined and ordered to surrender seven factories ...

GM Said to Repay Government $6.7 Billion Sooner Than Required

AP | KEN THOMAS | Posted 05.25.2011 | Business

WASHINGTON — General Motors Co. will begin paying back $6.7 billion in U.S. government loans by the end of 2009 and could pay off that full amou...

Bailout? Detroit on His Mind

Rick Horowitz | Posted 05.25.2011 | Business
Rick Horowitz

On their last visit, the auto execs asked Congress for $25 billion in bailout loans. A nice round number. So nice and round that it sounded like it had been plucked from thin air.

Dem Leaders Want Bush To Aid Auto Industry

AP | DEB RIECHMANN | Posted 05.25.2011 | Business

WASHINGTON — Democratic leaders in Congress asked the Bush administration on Saturday to provide more aid to the struggling auto industry, which...