Chrysler sets new rules for discount Workers’ friends, some relatives cut out of best deals BY TIM HIGGINS • FREE PRESS BUSINESS WRITER • March 21, 2008 Chrysler LLC has stopped allowing employees to share their employee discount price — typically around 5% below factory invoice on the purchase or lease of a new vehicle [...]
Friday, March 21, 2008 GM workers face hard sell on buyouts Sharon Terlep / The Detroit News General Motors Corp. next week will begin enticing thousands of veteran workers to leave the company for good by dangling the promise of a fresh start and maybe even a new car. The automaker, which badly needs to [...]
UAW STRIKE AT AMERICAN AXLE American Axle fills some orders in Mexico Chrysler continues to operate truck, SUV plants queryvar=”american,axle,fills,some,orders,in,mexico”; Robert Sherefkin and Philip Nussel Automotive News | March 20, 2008 – 3:25 pm EST DETROIT — Strike-bound American Axle & Manufacturing Holdings Inc. has moved some of its parts production [...]
GM may boost vehicle prices to offset rising costs queryvar=”gm,may,boost,vehicle,prices,to,offset,rising,costs”; Jamie LaReau Automotive News | March 21, 2008 – 12:01 am EST General Motors is studying ways to offset cost pressures, including possibly raising prices on some vehicles, CFO Ray Young says. GM also has taken about $500 million in “management actions” [...]
