GMAC promotes COO De Molina to CEO No changes seen in how GMAC runs auto lending business queryvar=”gmac,promotes,coo,de,molina,to,ceo”; Automotive News | March 18, 2008 – 10:10 am EST NEW YORK (Reuters) — GMAC, in the midst of struggles with mortgage-related losses, on Tuesday named Alvaro de Molina CEO effective April 1. De [...]
Tuesday, March 18, 2008 Toyota fights Ontario union vote Automaker will challenge Machinists, which filed an unfair labor practices claim against the company. Alan Ohnsman / Bloomberg News Toyota Motor Corp. engaged in unfair labor practices to sway workers at an Ontario plant where a representation election may be held this week, the Machinists union [...]
Tuesday, March 18, 2008 On final day for buyout, Ford holds breath for last-minute retirees Sources in automaker, UAW say there are few volunteers for early exit. Bryce G. Hoffman / The Detroit News Today is the last day for Ford Motor Co.’s U.S. hourly workers to sign up for what the automaker is calling [...]
Tuesday, March 18, 2008 GM stock falls amid investors’ worries Shaky economy, American Axle strike contributes to market decline. Sharon Terlep / The Detroit News General Motors Corp. shares tumbled again on Monday, dragged down by a plethora of worries on Wall Street — from growing stress over the economy to the lingering strike at [...]
