Motoring News
26 December 2008GMAC gains access to Treasury lifeline
GMAC, the ailing consumer lender owned by General Motors and Cerberus, gained access to the US government's $700bn rescue fund for the financial industry this week after it won a bank charter from the Federal Reserve
read moreDrinkers face life insurance hike
Middle class drinkers who consume more than their recommended weekly intake of alcohol face paying higher life insurance premiums.
read morePorsche leads select band of car industry winners
Not all car manufacturers are suffering as badly as Chrysler and GM
read moreS Korea asks SAIC to help with auto bailout
South Korea will not bail out cash-strapped automaker Ssangyong unless its Chinese parent helps in the rescue, striking a tough stance in a case that is viewed as a barometer of how far Seoul will go to protect core manufacturers hit by the global downturn
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