Barack to Arnold: We’ll Get Right On It
President Obama may soon reverse the Bush Administration decision to deny California's request for power to strictly regulate CO2 emissions.
View ArticleUAW Labor Costs Still Not Competitive
The revised labor contracts that were the result of the Chrysler and General Motors bankruptcies are still not competitive with non-unionized transplants in U.S., particularly those run by Hyundai and...
View ArticleKing to be King, er, President of UAW
After a secretive conclave in Detroit, Bob King, a well-known figure around the Detroit Three auto industry has secured the nod of a majority of the executive board of United Auto Workers union during...
View ArticleWhitacre Says CEO Search is Over. It’s He!
At a news conference in Detroit this morning, GM chairman and acting CEO Ed Whitacre, Jr., said that he has agreed to take the CEO job for an indefinite period following a request by last week by the...
View ArticleFord Gets Loan to “Export” to Canada and Mexico
The Export-Import Bank of the United States will guarantee a loan to finance $3.1 billion of Ford Motor Company “export sales” to Canadian and Mexican markets. The loan from the Federal agency will...
View ArticleStudy: U.S. Aid to Auto Industry Saved 1 Million Jobs
Government assistance to General Motors and Chrysler enabled orderly bankruptcy proceedings and led to the saving of more than 1.14 million jobs in 2009 alone, according to a recently released study by...
View ArticleAs Truck Wars Heat Up Ram Ramps Up Production
Chrysler is increasing production of its profit-making Ram 1500 pickup trucks just as pent-up demand for full-size pickup trucks is expected to explode.
View ArticleSales Soaring, Big 3 Trim Summer Shutdowns
As the Detroit Three automakers switch from checking the wind chill to heat index, the usual mid-July shutdown looks to be a thing of the past: at least this summer. Ford Motor Co. and Chrysler Group...
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