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
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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 [...]

Friday, September 26, 2008
Government may delay auto money
David Shepardson / The Detroit news
WASHINGTON — The $25 billion in low-cost government loans domestic automakers are banking on to retool plants to build more fuel-efficient vehicles may not be awarded until mid-2010, the U.S. Energy Department said Thursday.
That announcement threw cold water on suggestions from Michigan’s members [...]

 
Chrysler will lay off 300 salaried workers this week

David Barkholz
and Bradford Wernle
Automotive News | September 25, 2008 – 11:07 am EST 
 
About 300 salaried Chrysler LLC workers are being terminated today and Friday, Sept. 26, Automotive News has learned.
Chrysler is turning to layoffs to reach the 1,000 salaried job reductions announced in July.
Chrysler [...]

 
Delphi wins court approval for increased GM role
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Automotive News | September 26, 2008 – 12:01 am EST
 
 
NEW YORK (Reuters) — Delphi Corp. on Thursday won court approval for increased financial support from former parent General Motors after reaching agreement with its creditors on changes to the support plan.
The approval could help the auto parts company [...]