Designer layoffs set at Chrysler More buyouts on way, carmaker says January 31, 2008 By TIM HIGGINS FREE PRESS BUSINESS WRITER Chrysler LLC plans to lay off 119 salaried UAW design workers today at the technology center in Auburn Hills and at the Plymouth Road Office Complex in Detroit. This is part of the group [...]
Thursday, January 31, 2008 Ford plans to pump up incentives In new twist, it will target regions and older vehicles, and will give dealers more say. Bryce G. Hoffman / The Detroit News Ford Motor Co. will sharply increase incentive spending this year to counter aggressive pricing by competitors and ensure that demand for older [...]
CHICAGO AUTO SHOW Suzuki launches first pickup truck queryvar=”suzuki,launches,first,pickup,truck”; Automotive News | January 29, 2008 – 10:28 pm EST Suzuki’s first pickup truck — the Equator — goes on sales the fourth quarter of this year. It will be shown for the first time at the Chicago Auto Show on [...]
Wednesday, January 30, 2008 Rebound progress still lags for GM "We’ve got to get the job done in the United States," says vice chairman. Sharon Terlep / The Detroit News DETROIT – General Motors Corp. Vice Chairman Fritz Henderson, in a blunt assessment of the automaker’s standing, said on Tuesday that the company is still [...]
GM case cited in hearing on discrimination bill queryvar=”gm,case,cited,in,hearing,on,discrimination,bill”; Harry Stoffer Automotive News | January 29, 2008 – 2:38 pm EST WASHINGTON — Carey McClure, an electrician, told a congressional committee today that General Motors rescinded a job offer to him in 2000 because he has a form of muscular dystrophy. [...]
CHICAGO AUTO SHOW Hummer adds pickup truck traits to H3T Vehicle to roll out in Chicago next week queryvar=”hummer,adds,pickup,truck,traits,to,h3t”; Jonathan Wong Automotive News | January 28, 2008 – 8:08 pm EST DETROIT — As it did with the H2, Hummer is adding pickup traits to its smallest sport/utility. The H3T [...]
Tuesday, January 29, 2008 Chrysler offering more buyouts Carmaker to pitch packages to all UAW workers at Metro plants as it moves to cut 10,000 hourly jobs. Eric Morath / The Detroit News All UAW workers at Chrysler LLC’s Metro Detroit area plants are expected to be offered buyout or early retirement packages as the [...]
Tuesday, January 29, 2008 Delphi trims $85 million from execs’ bonus fund Company still plans to distribute $132 million to 560 top executives when it exits bankruptcy. David Shepardson / Detroit News Washington Bureau WASHINGTON — Delphi Corp. again has shrunk the bonuses it will pay its executives when the parts supplier emerges from Chapter [...]
Is ‘The General’ on the Move? Former giant GM uses product to get back in car battle. By Lawrence Ulrich View pictures Cadillac’s new CTS, a great improvement over the past generation, is one of several impressive new products from General Motors. Economically speaking, you could call this the winter of our discontent, especially if you’re [...]
AUTO INDUSTRY DOWNSIZING Workers who retire unlikely to hurt state January 27, 2008 By KATIE MERX FREE PRESS BUSINESS WRITER With all three Detroit automakers beginning the process of offering widespread buyouts again this year, more than 130,000 U.S. autoworkers are or will soon face the decision: Should I stay or should I go? While [...]
Chevy Beat: Nice looking microcar The Chevy Beat is one of those concepts that might have a shot at niche market. A 1.2 leter engine is hooked to an automatic transmission. If that sounds familiar, you’re right. The now defunct Chevy Metro had a 1.0 liter engine in the three cyclinder model, and a full [...]
Photo finish: GM still No. 1 Carmaker sold only about 3,000 more vehicles worldwide than Toyota in 2007. Sharon Terlep / The Detroit News General Motors Corp., after 76 years as the undisputed leader of global auto sales, finished 2007 with a razor-thin lead over Japanese rival Toyota Motor Corp. The Detroit automaker said Wednesday [...]
GM to report record annual loss on Feb. 12 January 25, 2008 By KATIE MERX FREE PRESS BUSINESS WRITER General Motors Corp. will announce its 2007 earnings on the morning of Tuesday, Feb. 12. The automaker is expected to announce its worst annual loss in history, due to a $39-billion paper loss in the third [...]
CAW threatens to strike GM in Oshawa, Ontario Contract expires Sept. 17 queryvar=”caw,threatens,to,strike,gm,in,oshawa,ontario”; Rick Kranz Automotive News | January 25, 2008 – 3:29 pm EST DETROIT — The Canadian Auto Workers union local representing employees at General Motors’ Oshawa, Ontario, assembly plant is threatening to strike this fall unless the automaker confirms additional [...]
Lutz: U.S. won’t embrace small cars at today’s gas prices queryvar=”lutz:,us,won’t,embrace,small,cars,at,today’s,gas,prices”; Jamie LaReau Automotive News | January 24, 2008 – 12:01 am EST DETROIT — General Motors sees E-85 and biofuels as the best near-term solution to lowering U.S. usage of petroleum. But new federal fuel regulations will only mean higher vehicle [...]
