GM: Profitable in North America by 2010 or 2011 White House reacts to automaker’s losses queryvar=”gm:,profitable,in,north,america,by,2010,or,2011″; Automotive News | February 12, 2008 – 7:30 am EST DETROIT — By 2010 or 2011, General Motors should be solidly profitable in North America, says CFO Fritz Henderson. “In order to get North America sustainably profitable [...]
GM offers all U.S. union workers buyouts, retirement Automotive News | February 12, 2008 – 7:10 am EST DETROIT (Reuters) — General Motors will offer buyouts or early retirements to all 74,000 U.S. hourly workers represented by the UAW in a sweeping deal with the union intended to clear the way for GM [...]
Rival backs Chrysler consolidation February 12, 2008 BY TIM HIGGINS FREE PRESS BUSINESS WRITER SAN FRANCISCO — A top Toyota Motor Corp. executive Monday endorsed Chrysler LLC President Jim Press’ stepped-up efforts to consolidate its dealer network. "It’s what has to happen," Jim Lentz, president of Toyota’s U.S. sales arm, told the Free Press following [...]
Monday, February 11, 2008 Clinton visits GM hybrid plant, promises help for automakers Deb Price / Detroit News Washington Bureau WHITE MARSH, Md. — After sitting behind the wheel of a black Tahoe Hybrid SUV, Democrat Hillary Clinton told General Motors workers at a plant here today that she, as president, would help the auto [...]
Ford recalls about 180,000 trucks Harry Stoffer Automotive News February 11, 2008 – 3:54 pm ET WASHINGTON — Ford Motor Co. is recalling about 180,000 light trucks to replace a door handle spring that may break and a fuel hose that may leak. The spring is on interior side door handles of 2007-08 Ford Expeditions [...]
