Tuesday, May 20, 2008 GM extends deadline for buyouts Automaker hopes that giving extra week to workers at 4 plants will lure more to take offers. Sharon Terlep / The Detroit News General Motors Corp., looking to entice thousands of hourly workers into retirement, will give employees at four factories an extra week to decide [...]

Ford may seek Volvo sale queryvar=”report:,ford,may,seek,volvo,sale”; Automotive News | May 20, 2008 – 2:45 am EST Ford CEO Alan Mulally   LONDON (Thomson Financial) — Ford Motor is cutting production at its Volvo unit to reduce the costs and losses at the Swedish brand, the Wall Street Journal reported today. The production cut, which could [...]