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 73 percent against [...]
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 the UAW getting 17 [...]
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 attending will be Den Black, [...]
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 the domestics pushed product [...]
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 Group LLC, according to results [...]
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 exchange for preferred shares of [...]
Ford names China’s Geely as preferred Volvo bidder
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Douglas A. Bolduc
Automotive News | October 28, 2009 – 7:12 am [...]
Saturn’s Lajdziak to retire by year-end; Hill steers shutdown
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Jamie LaReau
Automotive News | October 28, 2009 – 12:01 am [...]
