The judge overseeing GM's Chapter 11 case has set Friday as the deadline for objections to its restructuring plan. The report noted that GM and its advisers are confident that none of the roughly 500 objections submitted so far would derail the timetable, under which the court is due to consider the sale of most of its assets to a new entity on June 30.
Ford Motors, one of the big three in the US auto industry, is planning to increase its market share at a time when its rivals -- GM and Chrysler -- are tackling bankruptcy and restructuring procedures.
Third time lucky is an apt phrase to describe the remarkable rise of Joe Biden, a veteran in US politics for around five decades, from being one of the youngest senators in history to the oldest American president-to-be.
While Detroit's Big Three wrangle with the US Congress for a bailout, we could be witnessing another extinction story.
As treasurer of the Michigan Democratic Party, Ramesh Verma will oversee finances and supervise the work of the staff dealing with financial affairs of the party.
Here are some of the best images clicked across the globe in the month of August.
To say Aretha ticked all the boxes when it came to voice technique is like calling Cristiano Ronaldo an efficient footballer, says Kanika Datta.
China is the world's bright spot when it comes to car sales. Despite a slowdown in sales, China has even dethroned the US as the world's biggest auto market--every month this year, more cars have been sold in China than in America, where industry sales have plunged by a third in recent months.
"We probably could have sold another 20-30 per cent if there was an easy availability of vehicle finance. People continue to be interested in buying cars, but the sheer lack of finance is a concern.The buyer has to decide what his money can get him. I don't feel threatened that a customer of Chevrolet is going to buy the Nano instead," says Karl Slym, president and MD, General Motors India.
You say the era of private business travel is over? Here's one alternative.
The bodies of 37-year-old Jayalakshmi, 14-year-old Tejasvi and 12-year-old Siva Kumar were found in a pool of blood with massive head and neck injuries on the first floor of the family's two-story apartment in Wharton, police said.
Catherine Johnson, 71, stunned residents this month by claiming neighbours told her several women urinated outside Shri Swaminarayan Mandir Temple during its 2000 groundbreaking -- and asking whether it was some sort of ritual, the Detroit News reported.
By naming the 55-year-old lawyer and politician from California as his running mate, Biden made history by selecting the first Black woman to compete on a major party's presidential ticket. If elected she would be the first ever women to be the vice president of the US and the first ever Indian-American and African vice president of the country.
The growing Auto Expo in New Delhi is still in search of a focus, even though it is staring it in its face.
Born to Zerin Rao anchooling fd Jehangir Narioshang Rao, both Parsi physicians from India, Rao grew up in Michigan and did her srom Detroit High School. She is married to Alan Lefkowitz and the couple has two children.
A time has thus come when state encouragement for rural students led to empowerment of the socio-economically marginalised sections of the population. It included women. Today, with greater exposure and consequent enlightenment, it has gone beyond 'empowerment' to become 'entitlement', says N Sathiya Moorthy.
CEOs weigh in about what impresses them -- and what draws their ire.
Gasoline might just become a thing of the past for future supercars.
A summary of sports events and sports persons, who made news on Thursday
Suzuki chairman Osamu Suzuki on Saturday assured Haryana Chief Minister Bhupinder Singh Hooda that the company's future investment in India would be made in Haryana only and they would make Gurgaon the ''Detroit'' of India.
Lata: 'Do you feel you are happy now?' Kishore Kumar: 'I am very happy. By the grace of God, I want nothing. If there is anything I want, it is to return back home, home is Khandwa, Madhya Pradesh. I hear it calling me.'
The world's big carmakers are turning to India--and Amtek Auto--for their cheap components.
Jeralean Talley, who was born in Georgia on May 23, 1899, but now lives in Inkster, Michigan turned 116 on Saturday.
Whatever be Kamala Harris's preference for her identity, many Indians in the US will rally around her as she is the first person with Indian blood in her veins to get close to the White House, observes Ambassador T P Sreenivasan.
Boston Celtics registered a 115-113 double overtime win over the Detroit Pistons.
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