June 29, 2009

GM says it’ll close its Willow Run transmission plant

Factory to wind down by Dec. 2010

BY JUSTIN HYDE
FREE PRESS WASHINGTON STAFF
WASHINGTON — General Motors Corp. said Sunday it was standing firm on its decision to close the Willow Run transmission plant, saying operations would wind down by December 2010 or sooner.
The company was [...]

 

Good Work, Senator Corker, You Dumb*ss
Jun 29
Posted by Kevin in Economics, Politics

I hope Bob Corker enjoyed his fifteen minutes of fame, becasue it seems like it might have cost his constituents some good jobs:

DETROIT — General Motors is expected to announce as soon as Friday that it will reverse plans to close two [...]

June 29, 2009

GM retirees: How safe is your pension?

Susan Tompor
Detroit Free Press
With General Motors Corp. in bankruptcy, thousands of its retirees are understandably concerned about their pensions and benefits. Here are some questions and answers:
• What happens to my pension? Or more precisely for some, my father’s pension?
• It’s not a small question. The [...]

After 25 years, GM ditches NUMMI tie-up with Toyota
by Chris Paukert on Jun 29th 2009 at 3:58PM

As part of its "New GM"/"Old GM" bankruptcy proceedings, General Motors has announced that it will abandon its ownership stake in the New United Motor Manufacturing Incorporated (NUMMI) joint venture with Toyota.
According to an official statement, GM and Toyota [...]

Gov. Granholm of Michigan Says That TN Was “Sandbagging” Because It Did Want Want To Give GM $200M For 1,200 Jobs.

Posted By Centrist on June 28, 2009

The Centrist is reading how three states put forth bids to Obama Motors to ’save’ 1,200 union jobs which will build a small car for the new GM. The [...]

June 29, 2009

Dental plan offered to UAW-represented GM, Chrysler retirees

Delta Dental of Michigan, Ohio and Indiana has announced that it is making an individual dental plan available to UAW-represented General Motors and Chrysler retirees nationwide so they can continue their dental coverage to help maintain good oral health.
"As a result of the significant global recession [...]

David Barkholz
Automotive News | June 29, 2009 – 12:01 am EST
 
A happier GM? Billions in costs disappear
 

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During its reorganization, General Motors should be able to shed about $12.5 billion in annual costs — paving the way for possible profits, higher product spending and improved supplier health once U.S. vehicle sales recover to more [...]

 
 

Toyota Said to Consider Offering Version of Prius Hybrid to GM

By Alan Ohnsman and Kae Inoue

 

June 30 (Bloomberg) — Toyota Motor Corp. may offer to supply a version of its Prius hybrid car to General Motors Corp. during a meeting between the companies’ chief executives, two people familiar with the plan said.
Toyota President Akio [...]

June 28, 2009

Willow Run plant to be taken over by new GM

Firm will be liable for future lawsuits

BY JUSTIN HYDE
FREE PRESS WASHINGTON STAFF
WASHINGTON — General Motors Corp. has moved its Willow Run transmission plant off the list of plants that will be shuttered and sold, and will accept responsibility for future lawsuits stemming from [...]

June 28, 2009

Willow Run plant to be taken over by new GM

Firm will be liable for future lawsuits

BY JUSTIN HYDE
FREE PRESS WASHINGTON STAFF
WASHINGTON — General Motors Corp. has moved its Willow Run transmission plant off the list of plants that will be shuttered and sold, and will accept responsibility for future lawsuits stemming from [...]

Saturday, June 27, 2009
GM to invest $800M in Orion plant; move saves 1,200 jobs
Robert Snell / The Detroit News
General Motors Corp. said Friday it will invest as much as $800 million in revamping its Orion Township factory to build a new small car, selecting Michigan over sites in Wisconsin and Tennessee.
GM officials believe the company [...]

Scott Spencer Announces Plan to reopen a Delaware Auto Plant

Sunday, 28 June 2009 06:57 administrator
 

Democratic Congressional Candidate Scott Spencer Announces Plan to reopen a Delaware Auto Plant to build Electric Cars 
 
The recent decision by General Motors to close their Boxwood Assembly plant just 7 months after the closing of Chrysler’s Newark plant has been [...]

Can the UAW survive in its new role?
The auto-workers union faces conflicts and challenges of historic proportions.
By Katie Benner writer-reporter
June 9, 2009: 10:00 AM ET

NEW YORK (Fortune) — The role of the United Auto Workers used to be a simple one: adversary to the Detroit Three, fighting in recent decades to keep jobs in the [...]

Facing uncertainty
 

 

 

 
Without a new product, opinions differ on fate of Spring Hill plant

By SKYLER SWISHER and CHRIS GRAHAM/Staff Writers
Union leaders and elected officials say they are optimistic about the future of the Spring Hill plant, but some auto analysts are declaring the corporation’s decision to build a new small car in Michigan as the worst-case [...]

June 27, 2009

GM’s small car decision leaves Tenn. anxious

Associated Press
SPRING HILL, Tenn. – Workers at General Motors’ soon-to-be-idled assembly plant in Tennessee held out hope for a reprieve, but now it’s back to the waiting game.
GM’s decision Friday to build a new small car at a Michigan plant allowed that economically battered state to [...]