Saturday, June 7, 2008
GM preps for new hires after buyouts
Idled GM, Delphi employees to get first crack at jobs left by veterans.
Sharon Terlep / The Detroit News
General Motors Corp. on Monday launches one of the biggest and most crucial logistical operations in its history.
That’s when the automaker begins hiring new workers in preparation for a [...]

 
CAW will consider striking GM next week
Automaker stands by decision to close Oshawa truck plant
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Craig Trudell
Automotive News | June 6, 2008 - 10:15 am EST
 
 
DETROIT — Canadian Auto Workers President Buzz Hargrove said today the union will decide as soon as next week whether it will strike against General Motors after the automaker upheld [...]

 
Stephen Downer
Automotive News | June 7, 2008 - 9:36 am EST
 
 
 
MEXICO CITY — General Motors plans to expand its six-cylinder engine plant in Ramos Arizpe, Mexico, by more than a third.
The extension of the engine manufacturing operation adds 350,000 V-6s to the plant’s installed capacity, GM said in a statement. That raises capacity [...]

 
GM stock hits 33-year low as markets plummet
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Andrew Grossman
Automotive News | June 6, 2008 - 2:48 pm EST
 
 
Shares of General Motors set a 33-year low today at $16.22, and much of the auto industry’s stock got beaten up as the Dow Jones industrial average closed down 394 points — a 3.1 percent decline.
GM shares [...]

 
Teamsters poised to strike car hauler on Monday
Trucker PTS ships cars for GM, Ford and Toyota
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Andrew Grossman
Automotive News | June 7, 2008 - 12:01 am EST

ENLARGE

Performance Transportation Services is North America’s second-largest vehicle hauler.
[...]