Land Rover saw sales fall by 18 per cent worldwide this year, the head of its German operations says in a press report to appear on Tuesday.
December 30, 2008
US treasury working on car maker loans
The US Treasury says it is still working on multibillion-dollar loans for troubled carmakers General Motors and Chrysler to avert the companies #39; collapse.
Billionaire Kerkorian #39;sells Ford stake #39;
US billionaire investor Kirk Kerkorian has sold all of his remaining shares in Ford Motor Co, Dow Jones Newswires reported on Monday.
Plastic bags out for 80pc of SA shoppers
Authorities in South Australia say 80 per cent of shoppers are already using alternatives to plastic bags, as a phasing out of checkout bags is about to begin.
Tourism downturn to hit WA ‘hard’
Western Australia’s peak tourism body says the state will feel the full effects of a sharp downturn in international visitors.
Oil hits $US40 on Gaza unrest
OIL prices pushed past $US40 dollars a barrel on rising unrest in the Middle East, bargain hunting and evidence that OPEC members have begun complying with agreed output cuts, traders said.
Wall St slides on higher oil prices
US stocks slid overnight as oil prices surged in volatile trade in response to the Israel-Hamas conflict, with sentiment dampened by Dow Chemical’s loss of a major deal with Kuwait.
Dollar higher above $US69c
THE dollar has opened higher after commodities prices rose during offshore trading due to the conflict in the Middle East.
Oz Minerals to unveil debt plan
DEBT-LADEN miner OZ Minerals is expected to update the market today on an eleventh-hour bid to refinance $1.1 billion in loans.
US billionaire dumps Ford shares
US billionaire investor Kirk Kerkorian, who had once pledged his support and confidence in Ford, has sold all of his remaining shares in the automaker at a huge loss.