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     detnews.com 
     
    Last update: December 22, 2009

    +Ford among safety leaders
      Ford, Subaru and Volkswagen sit atop the insurance industry's annual list of the safest new vehicles, according to a closely watched assessment used by car companies to lure safety-conscious consumers to showrooms. The Virginia-based Insurance Institute for Highway Safety awarded its "top safety pick" on Wednesday to 19 passenger cars and eight sport utility vehicles for the 2010 model year.

    +GM offered $2.6M tax break to stay at RenCen
      The state Tuesday approved additional tax incentives to ensure General Motors Co. keeps its headquarters in Detroit and help several companies create jobs in a state stung by manufacturing cuts.

    +2010 Ford Fusion named Motor Trend's 'Car of the Year'
      Dearborn --Motor Trend on Tuesday named the 2010 Ford Fusion its "Car of the Year." The award marked the second consecutive year that Ford Motor Co. claimed one of the influential magazine's top honors

    +Business briefs
      Chevy Cruze to debut in Los Angeles; Gary Peters takes issue with McCain's Chrysler slam; Opel has enough cash to last into early '10; Levin proposes bill for small business loans; Career fair, job search seminars set for today; Airlines boost peak-day surcharges for travelers; Costco nixes Coca-Cola products in pricing spat; Simmons bedding firm files Chapter 11 plan; Verizon laying off more than 1,000, union says.

    +State OKs new tax incentives to keep GM in RenCen
      General Motors Co. "now has an incentive to keep as many people as possible" at the Renaissance Center, Gov. Jennifer Granholm said today after a state economic development panel approved tax credits for the automaker.

    +GM to make Volt announcement, show off Cruze at L.A. auto show
      General Motors Co. will announce a list of initial retail markets for the Chevrolet Volt extended-range electric car at next month's Los Angeles International Auto Show.

    +Daniel Howes: Disagreement is a good sign at new GM
      General Motors Co. is poised to begin returning $6.7 billion in loans from the U.S. Treasury for the simplest of reasons: In the battle for perception, it's good business -- and even smarter politics.

    +GM's $1.15B loss beats post-bankruptcy expectations
      Detroit -- General Motors Co. might be able to repay $6.7 billion in federal aid by next summer, five years earlier than expected, because the automaker's worst pre-bankruptcy financial fears never materialized.

    +Mercedes locks phones, vehicles in 'mbrace'
      Want to make sure your car is locked 3,000 miles away? There's an app for that.

    +GMAC replaces top executive
      Washington -- GMAC Financial Services on Monday replaced chief executive Alvaro de Molina with one of its new board members, who vowed to focus on the core business of lending to General Motors' and Chrysler's dealers and customers.

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