Ford Mustang Plant Among Six to Reject Concessions By Keith Naughton Oct. 27 (Bloomberg) — Ford Motor Co.’s Mustang plant in Flat Rock, Michigan, is among six factories to reject contract concessions the automaker is seeking to match those the United Auto Workers granted its U.S. rivals. The vote at UAW Local 3000 was [...]
Retirees’ benefits cut by GM, not UAW October 27, 2009 09:00 am — Robert Johnston’s disdain for the United Auto Workers is quite obvious, but I wonder if he returned the many wage increases and benefits he received as a result of UAW-GM negotiations? GM cut your benefits, not the UAW. He cries about [...]
Tuesday, October 27, 2009, 4:48pm EDT | Modified: Wednesday, October 28, 2009, 10:11am Ex-salaried workers to lobby for pensions Business First of Buffalo – by Thomas Hartley Representatives of salaried retirees from Delphi and General Motors will appeal their pensions not be cut when they appear at a Senate committee hearing in Washington Thursday. Among those [...]
October 27, 2009 Chevrolet prices showing new signs of strength for American brand By TOM LIBBY FREE PRESS AUTO INDUSTRY BLOGGER While the market share declines of the mainstream domestic brands during the past decade have been well documented, the price declines of these brands relative to their Asian competitors have received less attention. As [...]
October 28, 2009 http://detnews.com/article/20091028/AUTO01/910280338 Ford-UAW deal stumbles early 6 of 8 locals against concessions backed by union leaders as more plants ready for vote LOUIS AGUILAR The Detroit News Union workers at two more Ford Motor Co. factories voted down proposed concessions aimed at putting Ford on comparable ground with General Motors Co. and Chrysler [...]
October 28, 2009 http://detnews.com/article/20091028/AUTO01/910280378 Treasury plans to give GMAC up to $5.6B DAVID SHEPARDSON Detroit News Washington Bureau Washington — The Treasury Department plans to inject up to $5.6 billion in new capital in GMAC — the latest effort to help the auto finance giant, a government official confirmed late Tuesday. The capital infusion, in [...]
Ford names China’s Geely as preferred Volvo bidder queryvar=”ford,names,chinas,geely,as,preferred,volvo,bidder”; Douglas A. Bolduc Automotive News | October 28, 2009 – 7:12 am EST MUNICH — Chinese automaker Geely Group Holding Co. is Ford Motor Co.’s preferred bidder to purchase Volvo Car Corp. Ford announced Wednesday that it will start more detailed negotiations with Geely, adding [...]
Saturn’s Lajdziak to retire by year-end; Hill steers shutdown queryvar=”saturns,lajdziak,to,retire,by,year-end;,hill,steers,shutdown”; Jamie LaReau Automotive News | October 28, 2009 – 12:01 am EST DETROIT — Jill Lajdziak, who joined Saturn before its first car was sold and led the division through its demise last month, will retire from General Motors Co. at the end of [...]
