Car buyers return to showrooms in July, boosting sales as big rebates drive businessDETROIT — Lured by the government’s cash for clunkers campaign, car and truck buyers started returning to showrooms last month, as Ford Motor Co. reported its first U.S. sales increase in nearly two years and other major automakers said sales showed signs of stability. Ford posts its first sales increase in nearly 2 years on strong “cash-for-clunkers” trafficDETROIT — Lured by the government’s cash-for-clunkers campaign, car and truck buyers started to return to Ford Motor Co. showrooms last month, with the automaker reporting its first U.S. sales increase in nearly two years. Ford posts its first sales increase since 2007 on strong “cash-for-clunkers” trafficDETROIT — Ford Motor Co. says July sales rose nearly 1.6 percent over the same month last year as the government’s wildly successful “cash-for-clunkers” program gave the automaker a significant boost. General Motors says factory layoffs coming; too few workers took buyout or retirement offersDETROIT — About 6,000 General Motors Co. blue-collar workers have taken the latest round of early retirement and buyout offers, but it fell short of the company’s goal, meaning more layoffs are likely. 2010 Detroit Belle Isle Grand Prix canceled, backers say race might resume in 2011DETROIT — There’s no Detroit Belle Isle Grand Prix this year, and organizers say the troubled economy means the race is off again in 2010. They say the event could resume in 2011 if conditions improve. Russian hockey league refiles Jiri Hudler’s contract noting NHL attempts to sign KHL playersDETROIT — Russia’s Kontinental Hockey League completed a contract with Detroit Red Wings forward Jiri Hudler on Thursday. Honda posts profit, while Nissan, Daimler and Peugeot Citroen plagued by auto industry’s woesDETROIT — Of the four big automakers that reported earnings Wednesday, only Honda Motor Co. made any money, but others reported that cash-for-clunkers incentives had boosted sales and they held out hope that the global auto recession may have bottomed out. Judge says Detroit bank robber was ‘outstanding’ before crimes, orders just 2 years in prisonDETROIT — A Detroit man who said he started robbing banks to pay for his mother’s plumbing was sentenced Tuesday to two years in prison, a lenient term from a judge who said the defendant had been an “outstanding citizen” before his crime spree. US willing to drop fraud charge against man at center of 2003 botched Detroit terror trialDETROIT — A North African immigrant once put on trial in Detroit for terror-related charges made a deal Tuesday to close a case of alleged insurance fraud. Judge freezes assets of Detroit-area money managers after SEC says they’re running $53M scamDETROIT — A federal judge in Detroit has frozen the assets of people accused of running a $53 million real estate scam in which money from new investors is used to pay other investors. AP Source: GM to end sponsorship of Buick Open golf tournament after more than a half-centuryDETROIT — A person briefed on the decision says this week’s Buick Open golf tournament will be the last because General Motors Co. will end its sponsorship after more than a half-century. Correction: Detroit-Police Monitor storyDETROIT — In a July 25 story about the resignation of a court-appointed Detroit Police Department monitor, The Associated Press reported erroneously where monitor Sheryl Robinson Wood works. Wood works for Venable LLP in its Baltimore office, not Kroll Inc., which she left in 2007. Auto task force chief says government wants quick sale of stakes in GM and ChryslerDETROIT — The federal government plans to sell its shares in General Motors Co. and Chrysler Group LLC as soon as it can, the head of the autos task force told a congressional panel Monday. Federal monitor of Detroit police resigns; judge cites ties to ex-Mayor Kwame KilpatrickDETROIT — A federal judge on Friday accepted the resignation of a court-appointed Detroit Police Department monitor, saying the monitor had inappropriate contact with ex-Mayor Kwame Kilpatrick that included personal meetings and discussions about the department. More than 90 dogs _ mostly Chihuahuas _ taken from feces- and trash-filled Detroit-area homeDEARBORN, Mich. — A man kept more than 90 dogs — mostly Chihuahuas — in a small suburban Detroit home that from the outside looked generally well kept but inside was filled with feces and trash, authorities said Thursday. General Motors names top design executive as new head of CadillacDETROIT — General Motors Co. on Thursday named one of its top design executives as the new head of its Cadillac brand. GM 2Q global sales drop 15 percent due to economic woes, North American production cutsDETROIT — Although General Motors’ North American sales dropped sharply last quarter as it headed into U.S. bankruptcy protection, strong growth in its Asia-Pacific region offset much of the decline, and the automaker ended up with global sales down 15 percent for the quarter. University of Michigan, Amazon.com to offer print-on-demand for 400,000 library titlesDETROIT — The University of Michigan says it’s teaming up with Amazon.com to offer reprints of 400,000 rare and out-of-print books from its library that no longer are under copyright. Items from Michael Jackson memorial at Motown Museum are buried at Detroit cemeteryDETROIT — Stuffed animals, flowers, letters and other mementos placed outside Detroit’s Motown Historical Museum in memory of Michael Jackson have been buried at a high-profile cemetery. AP Sources: GM to assemble Volt battery packs at new factory south of DetroitDETROIT — General Motors Corp. will assemble battery packs for its new rechargeable electric car at a facility south of Detroit, creating about 100 jobs, two people briefed on the plans said Friday. AP Source: GM to assemble Volt batteries at new factory south of Detroit, creating 100 jobsDETROIT — General Motors Corp. will assemble battery packs for its new rechargeable electric car at a facility south of Detroit, creating about 100 jobs, a person briefed on the plans said Friday. Items from Michael Jackson memorial at Motown Museum to be buried at Detroit cemeteryDETROIT — Stuffed animals, flowers, letters and other items placed outside Detroit’s Motown Historical Museum in memory of Michael Jackson will be taken to a cemetery for burial. GM’s old board postpones annual shareholders meeting scheduled for August in DetroitDETROIT — If your company has no publicly traded stock and only four stakeholders, does it need to have an annual shareholders meeting? Cleanup, inspection start where tanker blast leveled bridge over busy highway near DetroitHAZEL PARK, Mich. — Smoke filled the air Thursday above the collapsed bridge where a tanker carrying 13,000 gallons of fuel crashed and exploded a day earlier, and crews started clearing the rubble on the major Detroit-area freeway. Cleanup, inspection start where tanker blast leveled bridge over busy I-75 near DetroitHAZEL PARK, Mich. — Smoke filled the air Thursday above the collapsed bridge where a tanker carrying 13,000 gallons of fuel exploded a day earlier, and highway officials vowed to quickly start clearing the rubble on the major Detroit-area freeway. Gasoline tanker explodes, shuts down I-75 north of Detroit; no injuries immediately reportedHAZEL PARK, Mich. — Flames shot hundreds of feet in the air after a gasoline tanker exploded Wednesday night underneath a highway overpass near Detroit. Part of the overpass collapsed onto the interstate below and spilled fuel burned as fire crews doused the road with water. Detroit political consultant, former Michigan lawmaker indicted in Conyers corruption caseDETROIT — A federal grand jury has indicted a political consultant on corruption charges, accusing him of working with a Detroit City Council member to shake down businesses for bribes in exchange for favors. Court overturns probation violation for Mich. minister who warned judge about God’s wrathDETROIT — A Michigan appeals court overturned a ruling on Wednesday that had sent a minister to prison for six months after warning a judge that he could be tortured by God. GM begins management changes by combining research and product development departmentsDETROIT — The new General Motors Co. began changing its executive ranks and streamlining its management structure Wednesday, announcing the departure of several top officials. Shares in old General Motors drop in value as symbol is changedDETROIT — Shares of the old General Motors Corp. lost half their value Wednesday after the stock symbol was changed to reflect the company’s new name, Motors Liquidation Co. |
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