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16th July 2009
The new GM emerged from bankruptcy Friday, July 10, with a leaner workforce and less debt. One reason is that, with the help of the Treasury Department, the Detroit automaker will not have to pay for the health care of thousands of retirees.
But now so... Read >
Author: www.EasyToInsureME.com03rd December 2008
DEARBORN, Mich–Ford Motor Co. said Friday it lost $129 million in the third quarter as the struggling automaker burned through $7.7 billion in cash.
The automaker also said it will cut about 2,300 more white-collar employees in North America... Read >
Author: Beth Hager01st December 2008
It is really only a matter of time. Maybe next month, but probably sometime later next year. Still, the end result is all too clear. Sooner or later there will be a bankruptcy filing for General Motors. The auto giant, that once controlled more than half ... Read >
Author: James William Smith27th March 2008
Workers in Motor City weigh buyouts knowing that that their future pay will likely be much lesser. Tough times like this need tough decisions. And Detroit autoworkers have to make tough decisions as soon as possible.
UAW President Ron Gettelfinger wa... Read >
Author: Anthony Fontanelle19th January 2008
The Canadian Auto Workers Union has been asking for automakers to stop cutting down jobs in the country. In response to the CAW's demands, Dearborn automaker Ford pointed out that Canadian auto assembly facilities and workers should be able to compete ... Read >
Author: Anthony Fontanelle09th November 2007
Last Saturday, Ford Motor Co. reached a tentative deal with the United Auto Workers Union. Unlike the deals the union reached with General Motors and Chrysler LLC, the UAW did not launch a strike to get their demands from America’s second largest automa... Read >
Author: kristen05th November 2007
This October, the recently privatized Chrysler LLC plans to cut of some of its models according to one source familiar with the company’s operations. The model cutting program of the automaker is part of its strategies to restore profitability after bei... Read >
Author: Evander02nd November 2007
The tentative contract between Chrysler LLC and the United Auto Workers union last week had been hailed as it put a stop to a brief strike launched by the union. It was also regarded as the document that will continue the partnership between the automaker... Read >
Author: Evander30th October 2007
General Motors has recently announced that they will be offering XM satellite radio standard on all 2008 Buick, Hummer, and Saab models with quality Saab radiator. Aside from these new models of which include the Chevrolet Malibu, Silverado, Tahoe, Cobal... Read >
Author: Evander22nd October 2007
According to United Auto Workers union Chief Ron Gettelfinger, the leaders of the UAW locals have voted overwhelmingly for the tentative agreement between the union and Chrysler LLC making way for their members to vote for the contract too. In a booklet c... Read >
Author: Evander16th October 2007
The Wednesday strike deadline is just around the corner and the negotiators from Chrysler and the United Auto Workers are hurrying things up to form an agreement for the 49,000 UAW members working for the automaker to avoid the threatened strike. UAW had ... Read >
Author: Evander10th October 2007
Last week, the United Auto Workers strike against Dearborn automaker General Motors. Two days after union members stopped production at General Motors plant all over the United States, a deal was agreed upon which put a halt to the nationwide strike. Alt... Read >
Author: Anthony Fontanelle09th August 2007
With the current financial problems of General Motors, Ford, and Chrysler, the welfare of their workers are being put in jeopardy. Assembly facilities have already been closed and many more jobs are scheduled to be cut by these automakers. In the Unit... Read >
Author: Anthony Fontanelle02nd August 2007
According to news circulating in the auto industry today, Wolfgang Bernhard who is a former Chrysler executive and employed by Cerberus Capital Management as adviser in the acquisition of Chrysler, is also reported to return to Chrysler as Chairman once... Read >
Author: Evander27th July 2007
It was in autumn of 2005 when Bill Ford has announced the new era of innovation that will happen at Ford Motor citing engineers of Ford and Volvo working together to produce new and exciting safety features that will include night-enhanced vision techno... Read >
Author: Rain Stockton26th July 2007
After all the formalities were said the officials of Chrysler Group the producer of high quality Jeep grill and the United Auto Workers has sit down to discuss on how they will go about the negotiations.
However one thing is clear that health care i... Read >
Author: Evander26th July 2007
The Chrysler Group maker of Jeep floor mats through its negotiators has officially started negotiations with the United Auto Workers today as reported by the Chronicle Journal. This negation is very important since it will determine the survival of Detroi... Read >
Author: Evander26th July 2007
Negotiations between Ford and the United Auto Workers have not commenced yet but the automaker is already assuming that it will be the target of UAW in the contract talks and will use a Ford deal as the basis for pay and benefit with its negotiations wi... Read >
Author: Morgay26th July 2007
The last time that Bill Ford has made an optimistic announcement was in 2005 wherein he cited Ford and Volvo engineers working together to produce new exciting safety features that will enhanced night vision and improved collision avoidance ability of v... Read >
Author: Morgay05th July 2007
Nancy Pelosi, Harry Reid and most of their colleagues are siding with unrest in environmental solicit over American carmakers and workers. It is their Drive-a-Toyota Act, a phrase taken from Toyota wheels maker and giant Japanese car maker Toyota.
T... Read >
Author: Kaye Leery16th June 2007
More good news for the General Motors Corp. Lordstown Complex come as its Chevrolet Cobalt in May snapped an eight-month streak of declining year-over-year sales. GM reported last week that Cobalt sales rose in May as shoppers began paying more attentio... Read >
Author: Iver Penn15th June 2007
In a move to further stress the importance of employee health and safety conditions in its Michigan manufacturing facilities, Ford Motor Company and Automotive Components Holdings, LCC (ACH) have renewed a partnership with the United Auto Workers (UAW),... Read >
Author: Zeke31st May 2007
General Motors and the United Auto Workers have not yet officially started their contract talks and yet critical battles are already waging on various plants of GM around the country.
GM the producer of top-of-the-line GMC turn signal is trying to p... Read >
Author: Iver Penn24th May 2007
The sale of the Chrysler Group has aroused various reactions. There are some who thinks that it was the best solution like for instance Veteran Des Moines-area Dodge dealer Stew Hansen who thinks that the sale of the Auburn Hills-based company was an ab... Read >
Author: Evander24th May 2007
The City of Marysville has recently given Chrysler AG a warm welcome headed by Marysville Mayor Gary Orr to show its appreciation for Chrysler AG’s decision in choosing the city as the site for the $700 million axle plant. The ground-breaking ceremony... Read >
Author: Evander24th May 2007
According to reports Chery, the Chinese auto maker that DaimlerChrysler AG has previously formed a limited partnership with the intention of building Chrysler-branded cars wants to re-examine the deal again in lieu of the sale to Cerberus.
Zhang Li,... Read >
Author: Evander21st May 2007
The decision to let go of Chrysler sure was not an easy one. In fairness to Daimler it has tried to help its American automaker partner by providing additional investment but despite the efforts still Chrysler was not able to regain financial health. Th... Read >
Author: Dwyane Thomas21st May 2007
The Cerberus Capital Management LP met with 100 United Auto Workers (UAW) officials to assure them the automaker would remain intact. During the two-hour meeting in Detroit, Cerberus CEO Steve Feinberg told the officials who represent Chrysler's plant... Read >
Author: Anthony Fontanelle17th May 2007
DaimlerChrysler, the world’s second largest producer of luxury cars and manufacturer of high quality Mercedes window motors has announced recently that the first quarter profit that they obtain is more than doubled and Mercedes has helped a lot in off... Read >
Author: Dwyane Thomas20th April 2007
Amidst the controversies not to mention the billion dollar losses that DaimlerChrysler AG’s Chrysler Group is facing it still plans to build two new plants in Michigan and upgrade three others.
The said plan is to be formally announced late Wednes... Read >
Author: Gertrude Sayzer13th April 2007
Kirk Kerkorian an American billionaire and president/CEO of Tracinda Corporation, a private holding company based in Beverly Hills, California---has already filed his bid for Chrysler amounting to $4.5 billion. Mr. Kerkorian vision is to create a partne... Read >
Author: Lisa Ziegler05th January 2007
Ford Motor Co. announced that it has entered into agreements with two companies to sell Michigan and Mexico auto parts plants.
The companies are Flex-N-Gate Corp. and Cooper-Standard Automotive Inc. The former is a privately held manufacturing compa... Read >
Author: Jason Moore22nd December 2006
Ford Motor Co. has finally started its production for its new F-Series Super Duty pickup truck. The new truck from the automaker is expected to secure the already outstanding reputation of Ford when it comes to manufacturing trucks. According to enthusi... Read >
Author: Chuck Smith12th October 2006
Ford Motor Co. will be offering buyouts or early retirement packages to its 75,000 hourly-paid employees. The offer will be available to said employees starting Oct. 16. Moreover, salaried workers are given more than one chance to accept a buyout. Howev... Read >
Author: Jay Stevens
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