Wednesday, September 10, 2008
Ford to cut 500 workers at Ontario plant
Associated Press
NEW YORK — Ford Motor Co. says it will eliminate 500 workers at its assembly plant in Oakville, Ontario.
Ford of Canada spokeswoman Lauren More said Wednesday that the automaker is phasing out the third shift in the plant’s body and paint work areas over [...]
Wednesday, September 10, 2008
UAW chief hopeful Congress will pass loans for automakers
David Shepardson / Detroit News Washington Bureau
WASHINGTON — United Auto Workers President Ron Gettelfinger said today he is optimistic Congress would approve at least $25 billion in low-cost government loans for the auto industry to retool plants.
"There’s a lot of jockeying back and forth," [...]
Wednesday, September 10, 2008
Manny Lopez
Volt hype undone by its design
The reaction has been anything but electric.
Photos of the much anticipated Chevrolet Volt hit the Internet Monday after they were "accidentally" posted on GM’s media Web site — and an external site. But the debate that’s waged since, between those who think it’s not true enough [...]
Wednesday, September 10, 2008
David Phillips
Big Three must sell U.S. on small cars
Americans love their $5 lattes, giant flat screen televisions and suburban manses.
But is a society enraptured by $199, gizmo-packed cell phones ready to embrace a pint-sized Chevrolet Cruze with a $25,000 price tag, or a $20,000 Ford Fiesta engineered in Europe with some Continental [...]
Wednesday, September 10, 2008
Big Three pare back fed loan request
Amid mounting hurdles and facing time crunch, Congress focuses on $25B, one-year program.
David Shepardson / Detroit News Washington Bureau
WASHINGTON — Lawmakers worked Tuesday to hammer out the details of a $25 billion, one-year government loan package to help Detroit’s Big Three automakers, but still face significant [...]
GOVERNMENT LOANS FOR AUTOMAKERS
Automotive News | September 9, 2008 – 1:15 pm EST
WASHINGTON (Reuters) — The U.S. House of Representatives is discussing an auto industry request to set in motion at least $25 billion in government-backed loans to help beleaguered U.S. manufacturers retool plants to make more efficient cars and trucks, Majority Leader Steny Hoyer [...]
Toyota plant exec named president of new VW plant in Tenn.
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James B. Treece
Automotive News | September 9, 2008 – 4:31 pm EST
Volkswagen Group of America today named Don Jackson president of its planned Chattanooga, Tenn., assembly plant, effective Oct. 1.
Jackson will report to the plant’s CEO, Frank Fischer. He also will be senior adviser [...]
Chevy will show off Orlando crossover concept
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Patricia Scott
Automotive News | September 9, 2008 – 12:54 pm EST
ENLARGE
Chevrolet Orlando
Photo [...]
