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WASHINGTON – In an early morning televised announcement, President Bush announced a plan to offer the struggling automakers $17.4 billion in short-term financing, $13.4 immediately available and another $4 billion likely available in February. But the plan comes with strict conditions.

Tags: Auto Industry Bailout, chrysler, Federal Loans, General Motors, White House

Ford's plan calls for an investment of approximately $14 billion in the U.S. on advanced technologies and products to improve fuel efficiency during the next seven years.

Tags: bailout, Ford

This is the third time in six years that the F-150 has been named Best Redesigned Vehicle.

Tags: F-150, Ford, Kelly Blue Book

Ford Flex, F-150 nominated. A Korean automaker has been named for the first time.

Tags: North American Car of the Year, North American Truck of the Year

Tom Kontos of ADESA says that the wholesale market in November was nearly as weak as October, but the worst may be over.

Tags: ADESA, Kontos, wholesale auctions

By the end of 2008, the National Automobile Dealers Association expects that about 900 dealers will have closed and 200 will have opened, for a net loss of 700.

Tags: auto dealers, dealership closings, NADA

Maui Electric Co. will test durability of new battery-powered pickup trucks for six months.

Tags: battery-powered, electric vehicle

Mitsubishi Fuso Truck of America will regain control of sales, marketing and distribution functions from Sterling Trucks organization of Daimler Trucks North America (DTNA). DTNA announced in October that the Sterling brand will be shut down.

Tags: DTNA, MFTA, MFTBC, Mitsubishi

Manufacturing operations at Chrysler will be idled effective Dec. 19. Employees will not return to work any sooner than Jan. 19, 2009.

Tags: chrysler, dealers, production schedule

Hertz says it will profit from its car-sharing venture by adding standard in-car technology, exploiting untapped markets and leveraging the company's considerable economies of scale.

Tags: car-sharing, Hertz

This is the third consecutive year that an all-new F-150 has been awarded the top prize.

Tags: F-150, Truck of the Year

New truck regulations are expected to save more than 9,000 lives between 2010 and 2025.

Tags: EPA, truck regulations

Study shows that 779 trucking industry deaths out of 4,306 were results of lung cancer.

Tags: Truck Drivers, vehicle exhaust

New lease offering helps customers of all sizes improve fuel economy and reduce greenhouse gas emissions.

Tags: Hybrid trucks, Ryder System Inc.

New data estimates show that 31,110 people died in highway accidents in 2008 compared to 34,502 in 2007.

Tags: highway fatalities, NHTSA