Ford Missouri Workers Reject Concessions, Union Says (Update1)
 

 
By Keith Naughton

 

Oct. 26 (Bloomberg) — Ford Motor Co. factory workers in Missouri voted 92 percent against labor concessions that would match agreements the United Auto Workers reached with the automaker’s U.S. rivals, a union official said.
Workers casting ballots at the Ford Escape factory in Claycomo voted [...]

October 26, 2009
http://detnews.com/article/20091026/AUTO01/910260387

Ford’s Kansas City plant workers vote down proposed contract changes

BRYCE G. HOFFMAN
The Detroit News
Workers at Ford Motor Co.’s Kansas City Assembly Plant delivered a stunning defeat to the company and union leaders Sunday when 92 percent voted against proposed contract changes.
The vote came after a stormy meeting at nearby Winnetonka High School [...]

VEBA hires CIO, files federal proposals
Barry Burr
Automotive News | October 26, 2009 – 10:30 am EST
DETROIT — The new UAW voluntary employee beneficiary association won’t officially open for business until Jan. 1. But the association, with more than $37 billion in assets, is hiring staff and working on legal requirements of operation.
Eric Henry, who [...]

 

Jim Press saga: A hero falls, hard
queryvar=”jim,press,saga:,a,hero,falls,hard”;Bradford Wernle
and Mark Rechtin
Automotive News | October 26, 2009 – 12:01 [...]

October 26, 2009

Saturn of Clarksville closes

Shutdown shocks customers, employees

By G. Chambers Williams III
THE TENNESSEAN
For the past nine years, Danny Barger has helped customers finance their car purchases at http://www.saturnofclarksville.com/">Saturn of Clarksville.
But his job as finance manager ended Friday as the dealership closed its doors, the first casualty among the three Nashville-area Saturn stores owned [...]

Joe Biden
Biden to announce GM plant’s reopening:
 
WASHINGTON (Reuters) – U.S. Vice President 
Sun Oct 25, 2009 5:48pm EDTplans on Tuesday to visit a closed General Motors plant in Wilmington, Delaware, where he is expected to announce that it will be reopened for the building of plug-in hybrid electric cars.
The California-based venture capital firm Fisker Automotive [...]

October 26, 2009
http://detnews.com/article/20091026/AUTO01/910260333

Old GM billed $23M in bankruptcy filing

ROBERT SNELL
The Detroit News
A consulting firm is charging General Motors’ bankruptcy estate more than $23 million for three months’ work leading up to and following one of the largest corporate bankruptcy filings in U.S. history.
According to a quarterly report filed Thursday in U.S. Bankruptcy Court, crisis [...]