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July 24, 2008 1:15:49 PM CDT


Stories related to: Detroit

Stories

Stories 41 - 60 of 79

  • November 2007
    • Cadillac CTS Wins Car of Year

      Cadillac CTS Wins Car of Year

      Cadillac's CTS won Motor Trend’s 2008 car of the year honors today, reports the AP. Editors said the $32,990 entry-level luxury sedan stood up to BMW and Mercedes, and proves Detroit can build a competitive sedan—despite years of focusing on SUVs and trucks. "The CTS obliterates the old man image of Cadillac," MT wrote. More »

      Tags

      auto industry   General Motors   Detroit   car   automaker   auto   Cadillac

    • Analysts See Steep Sales Slide for Big 3 in '08

      Analysts See Steep Sales Slide for Big 3 in '08

      Automakers are predicting a mildly soft sales year for 2008, but analysts warn a “poverty effect” caused by an imploding housing market could send US light auto sales skidding as much as 9.4% to their worst year since 1993, Reuters reports. “I’m just not sure how bad it could be,” said one. “We all know housing is a debacle.” More »

      Tags

      auto industry   General Motors   Detroit   Ford   Chrysler   automaker   Big Three

    • Detroit Named Most Dangerous City in America

      Detroit Named Most Dangerous City in America

      Motor City sped away as the nation’s most dangerous metropolis, according to the latest crime statistics examined by a private research firm that named Detroit worst of the worst. But city officials and crime experts slammed the annual ranking as worse than useless. A spokesmen for the FBI, whose statistics are the basis for the list, said the numbers distort public perception and "provide no insight." More »

      Tags

      list   crime   FBI   Detroit   St. Louis

    • From Detroit to Dresden to Siberia

      From Detroit to Dresden to Siberia

      John Noble, an American who wrote two memoirs about the decade he spent as a Soviet prisoner, including 3 years in the gulag, died last week at 84, the Telegraph reports. Taken into Soviet custody in 1945, Noble and his father were incarcerated in Dresden, Germany, where they had run a family-owned camera factory. "Justice doesn't exist," a guard warned them. More »

      Tags

      obituary   Detroit   World War II   Soviet Union   Dresden

    • Ford Workers Ratify Pact With UAW

      Ford Workers Ratify Pact With UAW

      UAW workers at Ford overwhelmingly approved a four-year contract today that shifts responsibility for some retiree health benefits to the union, the Detroit Free Press reports. The agreement also allows Ford to hire new employees for lower wages and fewer benefits. The contract approval follows similar deals at GM and Chrysler, though Ford was the only one of the three to avoid a strike. More »

      Tags

      General Motors   Detroit   car   Ford   Chrysler   United Auto Workers   labor

    • Former FBI, CIA Agent Had Hezbollah Ties

      Former FBI, CIA Agent Had Hezbollah Ties

      Lebanese native Nada Nadim Prouty overstayed her student visa, obtained US citizenship through a sham marriage, waitressed at a Detroit restaurant suspected of laundering money for Hezbollah, and became a CIA agent with access to sensitive intelligence. The case of Prouty, who tapped into government computers to obtain information about Hezbollah, has shocked the intelligence world, Newsweek reports. More »

      Tags

      FBI   CIA   Detroit   Lebanon   Hezbollah   espionage

    • GM’s Wagoner Weathering the Storm

      GM’s Wagoner Weathering the Storm

      CEO heads are rolling on Wall Street as third quarter red ink stains their reps and boards act to soothe shareholder worries with new management, cost cutting, and reorganization. But it's business as usual in Detroit, where GM CEO Rick Wagoner just announced a staggering $39 billion loss, reports Business Week . Motor City madness? Just dealing with reality. More »

      Tags

      auto industry   General Motors   Detroit   United Auto Workers   Rick Wagoner

  • October 2007
    • More UAW Locals Nix Chrysler Deal

      More UAW Locals Nix Chrysler Deal

      UAW workers at four Chrysler plants in Indiana last night rejected the embattled contract negotiated by their leaders with the automaker, adding to the six defeats by rank-and-file voters over the weekend. Some smaller locals have approved the contract, says anti-contract organizer Bill Parker, but the larger ones are rejecting it. More »

      Tags

      auto industry   General Motors   Detroit   Ford   Chrysler   United Auto Workers

    • Top Chicago Homebuilder Goes Bankrupt

      Top Chicago Homebuilder Goes Bankrupt

      Neumann homes, a top Chicago homebuilder, will file for Chapter 11 bankruptcy protection, the Chicago Tribune reports, making it the second-largest builder felled by the dive in the housing market. The company has laid off all but 20 of its 110 workers. “I’m not overly optimistic about the future of this industry right now,” said CEO Ken Neumann. Other area builders could follow, Bloomberg warns. More »

    • Chrysler Deal Faces More Rejections

      Chrysler Deal Faces More Rejections

      UAW members at three auto plants rejected the proposed pact between Chrysler and their union this weekend, bringing to six the number of locals who have voted down the deal, the Wall Street Journal reports.  In a last-ditch effort to salvage the agreement, union leaders are focusing lobbying efforts on upcoming votes at plants in Michigan and Illinois. More »

      Tags

      auto industry   General Motors   Detroit   Ford   Chrysler   United Auto Workers

    • Rocky Road for Chrysler Deal

      Rocky Road for Chrysler Deal

      Three UAW locals voted against the new Chrysler deal yesterday, stirring fears that the agreement may be scuttled. Two plants voted against it by 53%, and a third, in Missouri, by 66% among skilled trades and 79% among assembly line workers. They slammed a proposed 2-level pay structure and new job categories that would mean lower wages, the New York Times reports. More »

      Tags

      General Motors   Detroit   Ford   Chrysler   United Auto Workers   unions

    • Struggle to Ratify Chrysler Deal

      Struggle to Ratify Chrysler Deal

      The proposed contract between Chrysler and the United Auto Workers has caused some division within the union and may not be ratified as quickly  as the deal with General  Motors, reports the Detroit Free Press . The council of local leaders who voted to approve it yesterday in Detroit were not not unanimous; some are unhappy that the it lacks some of the job security provisions of the GM deal. More »

    • Chrysler Workers Walk Out

      Chrysler Workers Walk Out

      United Auto Workers told its 49,000 Chrysler employees to walk off the job at 11 this morning after 24 hours of continuous negotiations failed to yield a contract. The action marks the second UAW strike against an automaker in 20 days. An expert estimated Chrysler will lose production on 3,000 vehicles per day; after 72 hours, that number could rise to 6,400 vehicles, the Detroit Free Press reports. More »

      Tags

      Detroit   Chrysler   United Auto Workers   labor strike

    • Chrysler to Cut Non-Union Jobs

      Chrysler to Cut Non-Union Jobs

      With Chrysler deep in talks on a new contact with the UAW—the clock is ticking on a strike deadline tomorrow morning—sources tell the Detroit Free Press that cuts to non-union employees are in the works. Loss of about 1,600 salaried and contract jobs is expected, on top of the 14,000 layoffs over the next 3 years announced as part of a restructuring in February. More »

      Tags

      General Motors   Detroit   private equity   Chrysler   UAW strike

    • UAW Sets Chrysler Strike Deadline

      UAW Sets Chrysler Strike Deadline

      The United Auto Workers turned up the heat on Chrysler over the weekend, threatening to  strike if contract talks are not settled by Wednesday. The deadline may mean a deal is close and the UAW wants to push for a resolution of last issues, the Wall Street Journal reports. More »

      Tags

      Detroit   Chrysler   United Auto Workers

    • Contract Allows GM to Shut 2 Plants

      Contract Allows GM to Shut 2 Plants

      The tentative new contract between GM and United Auto Workers allows the company to shutter two plants and possibly several other facilities, according to a copy of the pact obtained by the AP. The union concessions on plants in Indianapolis and suburban Detroit were made in exchange for guarantees of new product lines in other union-represented plants. Union members will begin voting on whether to accept the contract this week. More »

      Tags

      General Motors   Detroit   United Auto Workers   UAW strike   contract talks

  • September 2007
    • GM, UAW Deal Is Turning Point for Detroit

      GM, UAW Deal Is Turning Point for Detroit

      The agreement General Motors and the UAW reached early this morning, after a 2-day walkout, could make a significant difference in Detroit's long, losing battle with foreign competitors who enjoy lower labor costs, the Wall Street Journal reports. GM successfully offloaded spiraling medical costs by forming a union-controlled trust, and won the right to buy out thousands of highly-paid workers and replace them with younger labor at lower rates. More »

      Tags

      General Motors   Detroit   United Auto Workers

    • GM, Union Strike Tentative Deal

      GM, Union Strike Tentative Deal

      General Motors and the United Auto Workers have struck a contract deal that sent striking union members back to the job today, reports the Detroit Free Press. The late-night agreement includes GM's plan for a health program, which was the major sticking point in earlier negotiations. More »

      Tags

      General Motors   Detroit   United Auto Workers   strike

    • UAW Goes on Strike Against GM

      UAW Goes on Strike Against GM

      Unionized employees at GM plants across the country walked off the job today after their 11am strike deadline passed without an agreement. The UAW said it had done “everything possible to negotiate a new contract,” including bargaining for 10 days after the initial deadline. GM stock rose this morning, the Journal reports, as investors applauded the company’s tough stance. More »

      Tags

      General Motors   Detroit   United Auto Workers

    • Historic Deal in Sight for GM and UAW

      Historic Deal in Sight for GM and UAW

      After bogging down for several days, talks between General Motors and the UAW got back on track yesterday as automaker and union reps closed in on a historic agreement to shift health-care costs to a union-controlled trust, the Wall Street Journal reports. The two sides are said to have a greed on how much money GM will put into the trust, and on "triggers" to protect both the UAW and GM in case of spiraling health care costs or a downturn in sales. More »

      Tags

      General Motors   Detroit   Ford   Chrysler   United Auto Workers   automaker

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