http://www.newser.com/2008 - Newseren-usNewser Feed GeneratorThu, 28 Aug 2008 7:41:31 CDThttp://www.newser.com/story/35842/arab-investors-interested-in-gms-hummer-brand.html?refid=rss_all_defaultThere may soon be more Hummers heading to the Persian Gulf, this time as two Gulf Arab investors signal interest in buying GM's troubled brand of SUV—modeled on the military vehicle. Analysts have expected the gas-guzzler to be tough to unload, but low fuel prices, economic prosperity, and Hummer’s position as a status symbol in the Gulf have made it quite popular.http://www.newser.com/story/35842/arab-investors-interested-in-gms-hummer-brand.html?refid=rss_all_defaultTue, 26 Aug 2008 9:26:05 CDThttp://www.newser.com/story/35489/gm-plans-new-chevy-compact.html?refid=rss_all_defaultGeneral Motors will invest $500 million to build its new compact car in the US, the Detroit News reports. The Chevrolet Cruze, expected to get about 45mpg, will go into production in 2010 in Lordstown, Ohio. The ailing automaker, once heavily reliant on SUVs, continues to alter its production line to meet demand for small, fuel-efficient cars. GM's US sales are down 18% this year, led by a 23% decline in truck sales.http://www.newser.com/story/35489/gm-plans-new-chevy-compact.html?refid=rss_all_defaultThu, 21 Aug 2008 16:07:16 CDThttp://www.newser.com/story/34497/detroit-mayor-charged-with-felony-assault.html?refid=rss_all_defaultDetroit Mayor Kwame Kilpatrick now faces felony assault charges for allegedly shoving a sheriff's deputy into another officer last month, the Free Press reports. Kilpatrick, who spent last night in jail for violating his bond on a separate charge, remains in custody, though he could be freed on bail later today. Kilpatrick allegedly shoved the deputy when he tried to serve a subpoena on the mayor's friend.http://www.newser.com/story/34497/detroit-mayor-charged-with-felony-assault.html?refid=rss_all_defaultFri, 08 Aug 2008 13:41:37 CDThttp://www.newser.com/story/34394/detroit-mayor-sent-to-jail-for-bond-violation.html?refid=rss_all_defaultDetroit Mayor Kwame Kilpatrick will spend tonight in jail after an unauthorized business trip across the river to Windsor, Ontario, the AP reports. Kilpatrick violated terms of his bond in a pending perjury case by not asking the court for permission. The mayor apologized to the judge, saying, "I've been living in an incredible state of pressure and scrutiny."http://www.newser.com/story/34394/detroit-mayor-sent-to-jail-for-bond-violation.html?refid=rss_all_defaultThu, 07 Aug 2008 11:35:45 CDThttp://www.newser.com/story/34345/chrysler-looks-to-team-with-nissan-on-midsized-cars.html?refid=rss_all_defaultChrysler is in talks to team up with Nissan to produce midsized cars, the Wall Street Journal reports, following an earlier deal to jointly produce pickup trucks and subcompact cars . The move could represent what the Journal calls a "radical new business model," in which Chrysler becomes a marketer and seller of cars made by others, rather than relying on its own engineering.http://www.newser.com/story/34345/chrysler-looks-to-team-with-nissan-on-midsized-cars.html?refid=rss_all_defaultThu, 07 Aug 2008 5:43:24 CDThttp://www.newser.com/story/33729/gm-ford-join-chrysler-in-retreat-from-leasing.html?refid=rss_all_defaultFord and GM are joining Chrysler in moving away from auto leasing, the Wall Street Journal reports, signalling the end of an era in which leases allowed many Americans to drive more expensive cars than they could afford to buy. The move is prompted by falling prices for used SUVs and trucks, which has led to steep losses for the automakers when they resell the vehicles at the end of the lease period.http://www.newser.com/story/33729/gm-ford-join-chrysler-in-retreat-from-leasing.html?refid=rss_all_defaultWed, 30 Jul 2008 7:55:08 CDThttp://www.newser.com/story/33257/nascar-fans-sneer-at-toyota.html?refid=rss_all_defaultIn an effort to curry favor with millions of American NASCAR fans, Toyota joined the league’s top circuit 2 years ago, but fans aren’t warming to the Japanese automaker, the Wall Street Journal reports. Many fans felt betrayed last year when champion racer Kyle Busch traded in his Chevy on a Toyota, and he's been met with boos and a barrage of beer cans after recent victories.http://www.newser.com/story/33257/nascar-fans-sneer-at-toyota.html?refid=rss_all_defaultThu, 24 Jul 2008 10:03:22 CDThttp://www.newser.com/story/33264/ford-posts-87b-loss-will-make-fewer-trucks.html?refid=rss_all_defaultFord Motor Co. lost $8.67 billion in the second quarter and will retool two more North American truck and SUV plants to build small, fuel-efficient vehicles, the company announced today. The net loss includes $8.03 billion in writedowns due to a decline in the value of its truck and SUV inventory, as well as Ford Motor Credit Co.'s truck-heavy lease portfolio.http://www.newser.com/story/33264/ford-posts-87b-loss-will-make-fewer-trucks.html?refid=rss_all_defaultThu, 24 Jul 2008 9:08:34 CDThttp://www.newser.com/story/32844/in-need-of-big-ideas-ford-thinks-small.html?refid=rss_all_defaultFord Motor Company will be repurposing some of its US plants to manufacture smaller, more fuel-efficient cars, the Wall Street Journal reports. As rising gas prices drive falling sales of behemoths like the F-150, insiders say the company will move toward making more of the passenger cars, like the Mondeo, that are mainly sold in Europe.http://www.newser.com/story/32844/in-need-of-big-ideas-ford-thinks-small.html?refid=rss_all_defaultSat, 19 Jul 2008 8:29:17 CDT