Auto stocks rise and oil prices fall GM, Ford shares bounce back queryvar=”auto,stocks,rise,and,oil,prices,fall”; Craig Trudell Automotive News | July 16, 2008 – 3:19 pm EST     Share prices for automakers climbed by their largest margins in recent months today, while oil prices have dropped by $10 a barrel in two days. Shares of [...]

Thursday, July 17, 2008 Cutback plans boost GM stock But analysts question firm’s long-term prospects David Shepardson and Christine Tierney / The Detroit News Shares of General Motors Corp. soared Wednesday, signaling that the automaker’s plans to raise $15 billion by the end of 2009 reassured investors and put their fears of bankruptcy to rest. [...]

Thursday, July 17, 2008 Auto briefs Nonunion workers at parts supplier protest Johnson Controls Inc . workers demanding union representation walked out at a plant in Tennessee that supplies seats and consoles for General Motors Corp.’s forthcoming Chevrolet Traverse. About 170 nonunion workers began picketing at 5 a.m. today at the Johnson Controls factory in [...]

July 17, 2008 Strike may delay plant start-up in Spring Hill Johnson Controls supplies parts for new GM crossover By G. CHAMBERS WILLIAMS III Staff Writer Workers for a Columbia company that builds seats and consoles for the new Chevrolet Traverse crossover utility vehicle, which will be built at General Motors Corp.’s Spring Hill plant, [...]

Auto news in brief: Strike at Johnson Controls   July 17, 2008 Johnson Controls strike Johnson Controls Inc. workers at a plant in Tennessee that supplies seats and consoles for General Motors Corp.’s Chevrolet Traverse began striking Wednesday. About 170 workers walked out at the Johnson Controls factory in Columbia, said Vicki Hale, a spokeswoman [...]