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 [...]
