GM slows production of Ion car, could cut jobs

Other author's news:

• World Trade Organisation begins crucial trade talks - GENEVA : The 147 member states in the World Trade Organisation began a series of meetings aimed at salvaging deadlocked global trade talks amid a rift between rich and poor countries over agriculture.
• Obscure British group offers to save Yukos, its jailed founder tycoon - MOSCOW : British investors led by a close former colleague of jailed Yukos founder Mikhail Khodorkovsky offered to pay the oil giant's huge tax bills to save the company from being dismembered by the state.
• New York oil tops 44 dollars for first time - NEW YORK : New York's crude oil contract topped 44 dollars a barrel for the first time in feverish trading after OPEC warned it cannot pump any faster.

Similar news:

• GM, Ford See Weak Sales, Production Cuts - General Motors Corp. and FordMotor Co. are expected to announce further cuts invehicle production levels this week as they move to triminventories of unsold cars and trucks following weak sales,analysts said.
• GM, Ford Cut Production After Poor Sales - General Motors Corp. and FordMotor Co. said on Wednesday they would cut productionmore than expected after weak U.S. sales in November, a movethat analysts said could hurt profits.
• Weak GM, Ford Sales Spur Production Cuts? - Hurricane Charley's damaging paththrough Florida and the growing ineffectiveness of salesincentives caused U.S. car and trucks sales to slip in August,raising the likelihood of costly cuts in vehicle production,analysts said.

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