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Diesel fumes linked to illnesses

DIESEL exhaust fumes have been linked to a range of illnesses and long term health conditions from heart disease to diabetes. The fumes are a complex mixture of gases and fine particles containing contaminants including microscopic particles less than one-fifth the thickness of a human hair and small enough to penetrate deep into the lungs and bloodstream. Over a long period of the time, exposure to the fumes can raise the risk of potentially deadly blood clots and increase the risk of stroke by narrowing the arteries that carry blood to the brain.

Toyoda says company is ‘grasping for salvation', fears big sales loss

Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.

Some secured lenders object to quick sale of Chrysler

A minority group of Chrysler LLC secured lenders has objected in bankruptcy court to the quick sale of Chrysler to a new corporate entity led by Fiat S.p.A. The group of about 40 banks and hedge funds holds about $3 billion of the $6.9 billion in secured loans that Chrysler has with the banks. Four major New York banks holding $4 billion of that debt agreed last week to settle for $2 billion in payment for the $6.9 billion owed.