Detroit – News Stories About Detroit - Page 31

Jun 22, 2007 5:00 AM CDT

Senate Passes Energy Bill

Vehicles must hit a green 35mpg by 2020; Detroit seeing red

(Newser) - The Senate gave a green light to an energy plan that would pump total fuel-economy standards to 35 mpg by 2020, and require vehicles to run on 85% ethanol by 2015. Democrats say the bill will reduce America's reliance on foreign oil, help control gas prices and counteract the effects...

Energy Bill Faces Fierce Floor Fight

Jun 18, 2007 5:01 AM CDT

Energy Bill Faces Fierce Floor Fight

Automakers will bring out the big guns to battle 45 mpg efficiency standards

(Newser) - The Democrats' energy bill is under attack on two fronts in the Senate—automakers want to weaken fuel efficiency standards, and the coal industry is looking for tax breaks for making diesel. The Wall Street Journal predicts a ferocious floor fight over the proposed package that would set a 45...

Detroit Resists MPG Rules

Jun 7, 2007 5:10 AM CDT

Detroit Resists MPG Rules

Face-off in Washington over tougher fuel economies

(Newser) - The Big Three car makers are trying to put the breaks on Congressional plans to toughen fuel economy standards to an average of 35 mpg over the next 15 years. The Wall Street Journal predicts a political struggle that will test how much clout Ford, Chrysler and GM still have...

Cleveland Makes NBA Finals

Jun 3, 2007 2:25 PM CDT

Cleveland Makes NBA Finals

LeBron carries team past Pistons

(Newser) - The Cleveland Cavaliers dug deep to beat Detroit in the conference finals, sending uberstar LeBron James to his first NBA Finals. "This is probably the best feeling that I've ever had in my life," James gushed. The longtime punchline Cavs found rare energy to come back from...

Chrysler Sale Suggests New Deal for Detroit

May 15, 2007 7:41 AM CDT

Chrysler Sale Suggests New Deal for Detroit

Ford, GM see hope for restructuring labor costs

(Newser) - The sale of Chrysler to private-equity firm Cerberus Capital Management could be a watershed for the entire industry, the Wall Street Journal predicts. Cerberus thinks it can make the embattled carmaker profitable by restructuring its debilitating $18-billion health care and pension liability. If it succeeds without resorting to bankruptcy—which...

In Detroit, Obama
Rocks Boat

May 8, 2007 7:01 AM CDT

In Detroit, Obama Rocks Boat

Candidate criticizes auto industry, boosts alternative fuel, hybrids

(Newser) - Barack Obama called out the U.S. auto industry yesterday in its own front yard, reports The Wall Street Journal. In a sold-out speech at the Detroit Economic Club, the Illinois senator blamed much of the industry's current problems on automakers, whom he criticized for making larger and larger vehicles...

DaimlerChrysler Wants Divorce

Apr 4, 2007 4:22 PM CDT

DaimlerChrysler Wants Divorce

Detroit legend's fate may be decided in a German boardroom -- but tk can't seem to get out of first gear

(Newser) - DaimlerChrysler is trying to unload its clunky Detroit half, its CEO (and occasional company mascot) Dieter Zetsche confirmed at a shareholder's meeting today. The news, which comes after nearly two months of eager speculation, was a relief to frustrated German shareholders, who have long seen Chrysler as a drag on...

Support The Troops With
A War Tax

Apr 3, 2007 4:15 PM CDT

Support The Troops With A War Tax

Dems should insist on paying, not borrowing, for war

(Newser) - If the Democrats want to support the troops but call the question on the war, they should pass a "war tax," writes Richard Hall in the Detroit Free Press. They could adopt the supplemental appropriations, but attach an income tax surcharge to finance it. Would the president...