Federal-Mogul unveils restructuring plan (Insurance)

Federal-Mogul unveils restructuring plan
Autoblog - Jan 06 9:14 PM
Filed under: Trends Federal-Mogul , under bankruptcy protection since 2001, announced Friday a three-year restructuring plan that includes plant closings and cutting 4,500 jobs. The restructuring plan will cost the company between $125 million and $150 million, and affect up to 25 of its facilities. The company hopes to exit Chapter 11 protection by mid-2006. Analysts see this as the Save to My Web

Hatch calls for lawmakers to stop sale of Driver's License Info.
KARE 11 Minneapolis-St. Paul - Jan 04 4:13 PM
State driver's license numbers released by the Department of Public Safety are turning up in a growing number of cases of check fraud and identity theft, financial crimes investigators said Wednesday.Save to My Web

Spy Photos: Dodge Caliber (more shots)
Autoblog - 1 hour, 17 minutes ago
Filed under: Spy Photos , Sedans/Saloons , SUVs Remember those spy shots of the Dodge Caliber by Autoblogger Ray (pictured)? Well, the editor of the DetroitWonk was contacted by a photographer over at Birmingham, Alabama, who found one uncovered and parked. So he took more pics including an interior shot. Have a look. [Thanks, Ray] Read | Permalink | Email this | Save to My Web

Porsche pumps Cayenne Turbo S up to 520 hp
Autoblog - Jan 04 5:43 PM
Filed under: LA Auto Show , SUVs Apparently wi-fi at the L.A. Convention Center is at more of a premium than gasoline these days, as were getting info out of L.A. in virtually every form imaginable. Stuart managed to let us know that Porsche unveiled a new Cayenne Turbo S sporting an updated 4.5L, twin-turbo V8 producing 520 hp. Only the Carrera supercar has ( had ) more power in Save to My Web

IAG rallies with profit forecasts
Herald Sun - Jan 04 6:04 AM
SHARES in Australia's largest car insurer IAG continued to rally yesterday after a leading insurance analyst upgraded his profit forecasts for the company.Save to My Web