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 [...]
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 [...]
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 [...]
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 [...]
Philip Nussel and Lindsay Chappell Automotive News | September 26, 2008 – 10:56 am EST Mitsubishi North America and the UAW said today they have reached a tentative contract agreement after several weeks of tenuous negotiations. The existing contract expired on Aug. 28. On Sept. 7, the two sides said [...]
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 [...]
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 [...]
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 [...]
Delphi wins court approval for increased GM role queryvar=”delphi,wins,court,approval,for,increased,gm,role”; 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 [...]
