GM preparing cuts in contract workforce
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Amy Wilson
and Robert Sherefkin
Automotive News | September 30, 2008 – 12:01 am EST
 
 
DETROIT — General Motors will begin cutting U.S. contract workers as early as next week.
The reduction in GM’s contract staffing is part of a bigger effort to reduce the automaker’s overall costs, sources familiar with the [...]

 
Heard lawyer: Dealer is ‘out of money’
Court approves funding for liquidation and other expenses
queryvar=”heard,lawyer:,dealer,is,‘out,of,money’”;

April Wortham
and Chrissie Thompson
Automotive News | September 29, 2008 – 12:01 am EST

ENLARGE

A Bill Heard Enterprises employee locks the gate at the flagship Chevrolet store in Columbus, Ga.
[...]

Tuesday, September 30, 2008
Auto briefs
Bush nominates new highway safety chief
WASHINGTON — The Bush administration has nominated David Kelly to lead the federal agency that regulates the auto industry. President Bush nominated Kelly on Monday to be the administrator of the National Highway Traffic Safety Administration. Kelly has served as acting administrator since mid-August. Kelly was [...]

Tuesday, September 30, 2008
Carmakers wince as bailout fails
Worries spread that if credit markets stay tight, fewer buyers will get car loans and sales will dive.
David Shepardson / Detroit News Washington Bureau
WASHINGTON — Automakers and legislators warned Monday that the auto financing market was in danger of collapsing after a $700 billion Wall Street bailout package [...]

Monday, September 29, 2008
GM stock hits 54-year-low on bailout vote
David Shepardson / The Detroit News
General Motors Corp. stock plunged to a 54-year-low Wednesday on the House vote to reject a $700 billion Wall Street bailout, while other auto sector stocks also were hammered.
GM stock fell 12.8 percent to $8.51, losing $1.25 a share, to fall [...]

 
 
Saturday, September 27, 2008
GM wants 100-mpg rating for ‘10 Volt
David Shepardson / Detroit News Washington Bureau
WASHINGTON — Will the Volt break the 100 mpg barrier?
General Motors Corp. said Friday it has reached a preliminary agreement with the California Air Resources Board about how to classify its Chevy Volt in terms of emissions standards that could [...]

 
Target for Traverse: No. 1 in large crossovers
queryvar=”target,for,traverse:,no,1,in,large,crossovers”;

Amy Wilson
Automotive News | September 29, 2008 – 12:01 am EST

ENLARGE

Early incentives could help the Traverse beat Highlander and Pilot.

 
DETROIT — Toyota and [...]

 
Credit freeze plunges Detroit 3 in cash crisis
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Jim Henry
Automotive News | September 29, 2008 – 12:01 am EST
 
 
The Detroit 3 face a cash crisis that threatens their solvency before an anticipated recovery in 2010, analysts suggest.
Credit largely has dried up for the Detroit 3 at a time when slumping sales are depriving the companies [...]

3 strategies, with the wolf at the door
GM, Ford and Chrysler place new-product bets
queryvar=”3,strategies,with,the,wolf,at,the,door”;

Bradford Wernle
Automotive News | September 29, 2008 – 12:01 am EST
 
 
DETROIT — Call it Chrysler’s Hail Mary strategy.
Caught in a vise between looming federal fuel economy regulations and its own desperate financial circumstances, Chrysler LLC revealed last week that it will [...]

 
Mitsubishi, UAW reach tentative agreement
queryvar=”mitsubishi,uaw,reach,tentative,agreement”;

Lindsay Chappell
Automotive News | September 26, 2008 – 10:56 am EST

 
Mitsubishi Motors North America Inc. has reached a tentative labor agreement with its U.S. factory workers after three weeks of operating without a contract.
Workers at the Normal, Ill., plant learned of the agreement today from an announcement over the plant’s [...]

 
Hendrick, Gregory vying for Heard stores
queryvar=”hendrick,gregory,vying,for,heard,stores”;

Chrissie Thompson
Automotive News | September 26, 2008 – 4:30 pm EST
 
 
The 58-store dealership group owned by NASCAR-team owner Rick Hendrick has discussed expanding its company with “the folks at Bill Heard Enterprises,” Hendrick said late Friday in a statement.
Hendrick Automotive Group is vying to buy some of the Bill [...]

 
GM preparing cuts in contract workforce
queryvar=”gm,preparing,cuts,in,contract,workforce”;

Amy Wilson
and Robert Sherefkin
Automotive News | September 26, 2008 – 8:12 pm EST
 
 
DETROIT — General Motors will begin cutting U.S. contract workers as early as next week.
The reduction in GM’s contract staffing is part of a bigger effort to reduce the automaker’s overall costs, sources familiar with the [...]

 
GM shuts down minivan plant in Georgia
queryvar=”gm,shuts,down,minivan,plant,in,georgia”;

Automotive News | September 26, 2008 – 2:11 pm EST
 
 
General Motors today made its last minivan at the 60-year-old Doraville, Ga., assembly plant, the Atlanta Journal-Constitution newspaper reported.
The plant closure took place a day earlier than scheduled and only a handful of the plant’s 1,200 employees remained on hand [...]

Philip Nussel
and Lindsay Chappell
Automotive News | September 26, 2008 – 10:56 am EST
 

 
 
Mitsubishi North America and the [...]

Friday, September 26, 2008
Daniel Howes
Big 3’s fed loans only 1st step
With demand for autos and trucks falling, carmakers must get it right this time to survive brutal economic marketplace.

Getting federal loans may turn out to be the easy part for Detroit’s automakers.
With House approval of a $25 billion direct loan package, ostensibly to be used [...]