March 18, 2009 Workers occupy closed auto parts plant in Windsor Posted by DENNIS ROSENBLUM FREE PRESS WEB EDITOR Members of the Canadian Auto Workers who lost their jobs last week occupied the shuttered Aradco plant in Windsor on Tuesday, saying they’ll remain until they get severance pay due them, the Windsor Star reported. Other [...]
March 18, 2009 Wagoner sounds alarm on suppliers Situation gets drastic, he says in D.C. BY JUSTIN HYDE FREE PRESS WASHINGTON STAFF WASHINGTON — General Motors Corp. Chairman Rick Wagoner warned Tuesday that the financial stability of U.S. auto suppliers was "getting more precarious," and that a GM bankruptcy could lead to the company’s demise. [...]
Wednesday, March 18, 2009 A heap of stimulus: ‘Cash for clunkers’ bill could jumpstart new auto sales David Shepardson / Detroit News Washington Bureau WASHINGTON — A wide-ranging program that would give consumers turning in old clunkers cash vouchers worth up to $5,000 to buy new, more fuel-efficient vehicles was introduced Tuesday in Congress. The [...]
Wednesday, March 18, 2009 Supplier aid may be decided this week As situation worsens, Obama’s car team says it’s ready to make key announcements. David Shepardson and Gordon Trowbridge / Detroit News Washington Bureau WASHINGTON — The Obama administration’s auto team told key members of Congress on Tuesday it plans to make significant announcements on [...]
David Barkholz Automotive News | March 17, 2009 – 6:13 pm EST Potential Saturn spin-off attracts foreign interest, adviser says queryvar=”potential,saturn,spin-off,attracts,foreign,interest,adviser,says”; A group studying Saturn’s possible spin-off from General Motors has been approached by GM competitors, including foreign manufacturers, about selling their cars under the Saturn brand, an adviser says. Steve Girsky, long-time [...]
GM’s Wagoner says deal in works to rescue Opel queryvar=”gms,wagoner,says,deal,in,works,,to,rescue,opel”; Harry Stoffer Automotive News | March 17, 2009 – 11:24 am EST WASHINGTON — General Motors CEO Rick Wagoner said today he is encouraged by the willingness of European officials to provide aid to the automaker’s Opel subsidiary. It’s a situation “that is [...]
