Friday, February 29th, 2008
Reality squeezes Dauch, UAW
Friday, February 29, 2008
Daniel Howes:
Reality squeezes Dauch, UAW
Dick Dauch, the chairman of American Axle & Manufacturing Inc., is never [...]
Archive for February, 2008
Friday, February 29th, 2008
Daimler says Chrysler lost nearly $3 billion in brief time
Daimler says Chrysler lost nearly $3 billion in brief time
Automotive News | February 27, 2008 – 9:45 am EST
FRANKFURT [...]
Friday, February 29th, 2008
Consumers Union: 9 of 10 top vehicle picks are imports
Consumers Union: 9 of 10 top vehicle picks are imports
Harry Stoffer
Automotive News | February 28, 2008 – 3:16 pm EST
[...]
Thursday, February 28th, 2008
Honda ending U.S. motorcycle production
Honda ending U.S. motorcycle production
Posted Feb 28th 2008 9:31AM by Alex Nunez
Filed under: Plants/Manufacturing, Honda, Motorcycles
Click above for a high-res gallery of the 2008 Honda VTX
Honda has announced that next year it will cease motorcycle production at its Marysville, OH manufacturing plant. That facility’s output, along with that of the Hamamatsu, Japan factory, will be [...]
Thursday, February 28th, 2008
American Axle strike shuts GM plant
Thursday, February 28, 2008
American Axle strike shuts GM plant
It’s latest fallout as auto industry upheaval stirs up labor unrest.
Eric Morath and Sharon Terlep / The Detroit News
General Motors Corp. will shut down its Pontiac truck plant today, forcing the layoff of about 2,500 workers, in the first major fallout from the UAW’s strike against auto [...]
Tuesday, February 26th, 2008
UAW workers strike after American Axle talks end
UAW workers strike after American Axle talks end
Robert Sherefkin
Automotive News
February 26, 2008 – 12:30 am ET
[...]
Tuesday, February 26th, 2008
$14 per hour: The new auto dream job
Tuesday, February 26, 2008
Detroit’s changing work force
$14 per hour: The new auto dream job
Lower-paying jobs are welcome opportunity for new Delphi workers
Louis Aguilar / The Detroit News
FLINT — A $14-an-hour job at auto supplier Delphi Corp. means that Tricia Sermeno no longer chooses between buying groceries or paying the rest of her bills.
For Mike Rick, [...]
Sunday, February 24th, 2008
GMAC loans $635M to its mortgage unit
Saturday, February 23, 2008
GMAC loans $635M to its mortgage unit
David Mildenberg / Bloomberg News
GMAC LLC, the lender partially owned by General Motors Corp., agreed to loan as much as $750 million to its residential mortgage unit as it seeks to sell a business that finances vacation resorts.
Residential Capital LLC borrowed $635 million under the agreement [...]
Sunday, February 24th, 2008
Former UAW president Fraser dies at 91
Former UAW president Fraser dies at 91
Douglas Fraser, who led the United Auto Workers as president from 1977 to 1983, died in a Southfield, Mich., hospital Saturday, the union said today. He was 91.
His wife Winnie Fraser told the Associated Press that Fraser had emphysema and went into Providence Hospital with breathing problems.
"It’s a huge [...]
Friday, February 22nd, 2008
GM exec stands by calling global warming a ‘crock’
GM exec stands by calling global warming a ‘crock’
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Automotive News | February 22, 2008 – 3:15 pm EST
DETROIT (Reuters) — General Motors Vice Chairman Bob Lutz has defended remarks he made dismissing global warming as a "total crock of shit," saying his views had no bearing on GM’s commitment to build environmentally friendly vehicles.
Lutz, GM’s [...]
Friday, February 22nd, 2008
UAW proposal paves the way for union-run health care trust
Friday, February 22, 2008
UAW proposal paves the way for union-run health care trust
The Detroit News
The United Auto Workers union announced today that is has filed a settlement proposal in U.S. District Court related to health care claims against General Motors Corp.
If approved, the union said, the settlement will pave the way for the creation of [...]
Friday, February 22nd, 2008
Shuttered GM Lansing plants to be razed starting Monday
Friday, February 22, 2008
Shuttered GM Lansing plants to be razed starting Monday
Associated Press
LANSING, Mich. — General Motors Corp. on Monday will begin tearing down two plants it closed in 2006.
A GM spokeswoman says it will take about 20 months to demolish the Lansing Craft Centre and Lansing Metal Center, both located in Lansing Township near [...]
Thursday, February 21st, 2008
Delphi gets court approval to sell steering unit
Delphi gets court approval to sell steering unit
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Automotive News | February 21, 2008 – 2:00 pm EST
DETROIT (Reuters) — Bankrupt auto parts supplier Delphi Corp.said today it had received final bankruptcy court approval to sell off its steering business to a unit of private equity firm Platinum Equity LLC.
The transaction is expected to close March [...]
Thursday, February 21st, 2008
GMAC will slash 930 jobs
Thursday, February 21, 2008
GMAC will slash 930 jobs
Financial company will close 15 field offices and idle 930 workers after posting $4.3B deficit in 2007.
Sharon Terlep / The Detroit News
With its massive mortgage operations deep in red ink, financial firm GMAC LLC is now moving to slash costs on the still-lucrative auto lending side of its [...]
Thursday, February 21st, 2008
GM dedicates new Mexican transmission plant
GM dedicates new Mexican transmission plant
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Stephen Downer
Automotive News | February 21, 2008 – 9:38 am EST
SILAO, Mexico — General Motors dedicated a $660 million transmission plant at its vehicle assembly, engine and stamping complex here Tuesday, Feb. 19.
The plant began operations about a month ago. It has an installed capacity of 1,500 six-speed transmissions [...]
