Archive for November 16th, 2008
Levin: Big 3 CEOs should resign if necessary to get federal aid
Sunday, November 16, 2008 Levin: Big 3 CEOs should resign if necessary to get federal aid David Shepardson / Detroit News Washington Bureau WASHINGTON — Michigan Sen. Carl Levin said Sunday the top executives of Detroit’s Big Three automakers should consider resigning if necessary to convince Congress to quickly pass up to $25 billion in [...]
Gettelfinger calls for emergency loans, says don’t blame the UAW
Gettelfinger calls for emergency loans, says don’t blame the UAW queryvar=”gettelfinger,calls,for,emergency,loans,says,dont,blame,the,uaw”; Automotive News | November 15, 2008 – 5:30 pm EST DETROIT (Reuters) – U.S. automakers urgently need a federal loan to survive, United Auto Workers President Ron Gettelfinger said on Saturday, but their work force should not be blamed for the industry [...]
Tennessee and Kentucky plants can survive GM crisis
November 16, 2008 Tennessee and Kentucky plants can survive GM crisis Spring Hill, Bowling Green build models considered essential to car maker’s future By G. Chambers Williams III THE TENNESSEAN As the debate on a federal bailout for the U.S. Big Three automakers begins Monday in a lame-duck session of the Senate, workers at the [...]
Dems, seeking votes, add more strings to Detroit 3 aid
Dems, seeking votes, add more strings to Detroit 3 aid queryvar=”dems,seeking,votes,add,more,strings,to,detroit,3,aid”; Harry Stoffer Automotive News | November 16, 2008 – 12:13 pm EST WASHINGTON — Democratic leaders in Congress are toughening the conditions they intend to place on emergency loans to the Detroit 3. The moves, countering intense criticism of plans this week [...]
An America without manufacturing becomes a starkly divided society
Saturday, November 15, 2008 Commentary An America without manufacturing becomes a starkly divided society Warren Brown / The Washington Post WASHINGTON — I’m often chided for my passionate support of the domestic automobile industry. But I don’t mind the ribbing. My passion is a product of my faith in America, my belief in its ability [...]
Gettelfinger: No more UAW concessions
Saturday, November 15, 2008 Gettelfinger: No more UAW concessions Mark Williams / Associated Press COLUMBUS, Ohio — Even as Detroit’s Big Three teeter on collapse, United Auto Workers President Ron Gettelfinger said Saturday that workers will not make any more concessions and that getting the automakers back on their feet means figuring out a way [...]
Pelosi: Aid bill will require Big 3 to restructure, meet fuel-efficiency goals
Saturday, November 15, 2008 Pelosi: Aid bill will require Big 3 to restructure, meet fuel-efficiency goals David Shepardson / The Detroit News WASHINGTON — House Speaker Nancy Pelosi said Saturday that Democrats would move to add new conditions to an aid package of up to $25 billion for struggling domestic automakers, requiring them to further [...]