GM looks at beefing up buyout deals
Pressure to cut older work force grows after Ford adds up to $20,000 to its retirement plans
The Detroit News
02/01/08
by Sharon Terlep
(Copyright 2006)
General Motors Corp., negotiating a buyout deal with the United Auto Workers to clear out thousands [...]
Saturday, February 2, 2008
Plastech files bankruptcy
Dearborn auto supplier seeks Chap. 11 protection as it struggles with high costs and reduced demand.
Eric Morath / The Detroit News
Distressed auto supplier Plastech Engineered Products Inc. filed for voluntary bankruptcy Friday, according to court documents.
The Dearborn company appears to be caught in the same vice that has pushed other [...]
Saturday, February 2, 2008
Ford recalls autos already fixed once
Wiring harnesses put into 225,000 vehicles during earlier repair have improper fusing.
Bryce G. Hoffman / The Detroit News
Ford Motor Co. is recalling some 225,000 vehicles that were already repaired as part of an earlier recall, the company announced Friday.
The affected vehicles represent a small portion of the [...]
2008 JANUARY AUTO SALES
GM sales up 2.6% in difficult month
Ford, Toyota, Chrysler, Honda, Nissan and others post declines
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Richard Truett
Automotive News | February 1, 2008 - 1:14 pm EST
DETROIT — With its new vehicles gaining traction, General Motors was one of the few automakers reporting a retail sales increase in what was a very tough [...]
