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 — with friends [...]
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 trim its ranks to [...]
UAW STRIKE AT AMERICAN AXLE
American Axle fills some orders in Mexico
Chrysler continues to operate truck, SUV plants
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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 for Chrysler LLC from the United States to its [...]
GM may boost vehicle prices to offset rising costs
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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” to mitigate any potential downturn, Young said [...]
