Nissan offers buyouts to Tenn. workers queryvar=”nissan,offers,buyouts,to,tenn,workers”; April Wortham Automotive News | July 30, 2008 – 11:58 am EST     NASHVILLE — Nissan North America Inc. will offer voluntary buyouts to workers at its two Tennessee factories to counter slow sales of full-sized pickups and SUVs. Technicians and salaried employees at the Smyrna [...]

  Reports: GM to cut 15% of salaried workforce queryvar=”reports:,gm,to,cut,15%,of,salaried,workforce”; Andrew Grossman Automotive News | July 30, 2008 – 2:47 pm EST     DETROIT — General Motors refuses to confirm or deny reports that it will cut 15 percent of its salaried workers in the United States and Canada by Nov. 1. The Associated [...]

  Massive one-time charges haunt GM’s Q2 North America loss is $4.4 billion, total net loss is $15.5 billion queryvar=”massive,one-time,charges,haunt,gms,q2″; Craig Trudell and and Philip Nussel Automotive News | August 1, 2008 – 7:11 am EST   DETROIT — General Motors today reported an adjusted loss of $6.3 billion — before several one-time charges — [...]