TCC's Weekly Reader

August 15, 2005

Mercedes is trying to fill the top slot at the company from within. The unit must have a leader by the time the Frankfurt show rolls around in mid-September, one source says.

Pontiac's G6 Convertible is hitting more engineering problems with its complex hardtop mechanism. The problems are severe enough that it could spell the end of the project.

The Detroit Free Press is checking in with its prognostications on GM's future rear-drive plans. Will it be Zeta or Zeta Lite? Camaro or no? Does anyone really know?

Tom LaSorda, he of Chrysler, may indeed be related to baseball's Tommy LaSorda. But it'll take a trip back to the old country to figure it all out.

Gas prices rose seven cents over the weekend - bringing the national average to $2.53 a gallon. Talk radio reminds us that the all-time record would be eclipsed if gas prices topped $3.03 a gallon.

Ford is taking the involuntary route to cutting staff positions. The company needs to cut a total of 2750 white-collar jobs to meet cost-cutting targets.

VW insists it will start production of the 1001-hp Bugatti Veyron in the fall. But will the demand be there?

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