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Stories related to: Detroit

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  • September 2007

    • GM and UAW Hit Impasse on Health Care

      newser  |  Bloomberg  |  Sep 20, 07 6:38 AM CDT

      GM and UAW Hit Impasse on Health Care

      General Motors has reached an impasse with the UAW on the transfer of health care liabilities to a union-run trust, a serious blow to the company's plans for rejuvenation. Five days into contract talks, negotiators could not agree on the amount GM would pay into the fund, reports Bloomberg, and talks shifted to other issues. The Detroit Free Press 's sources were optimistic a formula could still be hammered out. More »

      Tags

      auto industry  • General Motors  • health care  • Detroit  • United Auto Workers  • contract

    • GM Talks Resume With Optimism

      newser  |  Wall Street Journal  |  Sep 17, 07 12:42 PM CDT

      GM Talks Resume With Optimism

      Talks between GM and UAW reps resumed late this morning after a 16-hour session that ran to 3am and came close to an agreement on the key issue of shifting heath-care costs to a union-run trust.  Both sides confirmed good progress, and employees are on the job today, despite the contract expiration Friday night, the Wall Street Journal reports. More »

      Tags

      auto industry  • General Motors  • Detroit  • United Auto Workers  • contract  • Big Three

    • GM, UAW Talk Past Deadline

      newser  |  Wall Street Journal  |  Sep 15, 07 6:05 AM CDT

      GM, UAW Talk Past Deadline

      The United Auto Workers and General Motors talked four hours past their midnight deadline for contract negotiations before agreeing to resume bargaining later today. They extended talks on an "hour-to-hour" basis on a deal that would include a union-controlled trust to assume GM's $50-billion liability for retiree health care.   More »

      Tags

      auto industry  • General Motors  • Detroit  • Ford  • Chrysler  • United Auto Workers

    • UAW Targets GM on Contract

      newser  |  Bloomberg  |  Sep 14, 07 8:25 AM CDT

      UAW Targets GM on Contract

      The United Auto Workers have chosen General Motors to be the lead company in negotiations on contracts set to expire tonight, adding pressure to strike a deal the UAW will then try to impose on Ford and Chrysler. The union chose GM because it's in the best financial shape of the three,'' an analyst tells Bloomberg. More »

      Tags

      General Motors  • health care  • Detroit  • Ford  • Chrysler  • United Auto Workers  • retirement  • Ron Gettelfinger

    • Midwest Jobs Take a Beating

      newser  |  Wall Street Journal  |  Sep 10, 07 9:35 AM CDT

      Midwest Jobs Take a Beating

      Jobs in the Midwest have taken a one-two punch from the national housing slump and the flagging Detroit auto industry, the Wall Street Journal reports. Factories that make the materials used to build new homes in high-flying markets from California to Florida are starting to downsize, following huge layoffs by auto makers. Building material manufacturer USG—based in Chicago—has cut 1,100 jobs in the past year. More »

      Tags

      housing market  • auto industry  • Detroit  • America  • Midwest  • job

    • Chrysler Pilfers Toyota's Top US Executive

      newser  |  Detroit Free Press  |  Sep 6, 07 4:18 PM CDT

      Chrysler Pilfers Toyota's Top US Executive

      Toyota North America's president will become the new co-president and vice chairman of Chrysler, the Detroit Free Press reports. Jim Press, the highest-ranking non-Japanese exec in Toyota's history, brings a reputation as a talented manager to Chrysler, which is in the process of transforming into a private company after being sold by Daimler. More »

      Tags

      auto industry  • Detroit  • Chrysler  • Toyota  • Robert Nardelli  • Tom LaSorda  • Jim Press

    • GM Scores With Crossovers

      newser  |  Wall Street Journal  |  Sep 4, 07 1:45 PM CDT

      GM Scores With Crossovers

      In its fierce battle with Asian automakers to reclaim the hearts and keys of American drivers, GM has three reasons to celebrate: the Buick Enclave, GMC Acadia, and Saturn Outlook. The company’s crossover vehicles combine the look of an SUV with the higher fuel economy of a sedan—and more important, the Journal reports, consumers are snatching them up. More »

      Tags

      General Motors  • Detroit  • car  • Ford  • Chrysler  • Toyota  • Honda

  • August 2007

    • Toyota Banks Best-Ever Quarter

      newser  |  Detroit Free Press  |  Aug 3, 07 2:27 PM CDT

      Toyota Banks Best-Ever Quarter

      Toyota reported its highest quarterly earnings ever today after profits surged 32% to $4.1 billion due to booming sales and favorable exchange rates for the yen. Revenue rose $54 billion, up 16% compared to the same quarter last year, and the Japanese giant sold 2.16 million cars, an increase of 3.3%, the Detroit Free Press reports. More »

      Tags

      Japan  • auto industry  • General Motors  • Detroit  • car  • Toyota  • quarterly earnings  • yen  • quarterly profits

    • Play Ball! Detroit Named Best Sports Town

      newser  |  Sporting News  |  Aug 2, 07 10:22 AM CDT

      Play Ball! Detroit Named Best Sports Town

      After 9 years on the bench, Detroit has regained the coveted status of best sports city of the year, according to the Sporting News. The magazine weighed factors including won/loss records, championships, star players, and fan fervor. The Motor City (plus Ann Arbor and Ypsilanti) managed to overcome the performance of the atrocious Lions and depose Chicago for the crown. More »

      Tags

      list  • sports  • Detroit Red Wings  • Detroit Pistons  • Detroit  • Detroit Tigers  • Detroit Lions

    • Foreign Cars Outsell Detroit

      newser  |  Detroit News  |  Aug 2, 07 5:14 AM CDT

      Foreign Cars Outsell Detroit

      Foreign car makers, predominantly the Japanese, sped past their sputtering domestic competitors in July, outselling Detroit  for the first time in history. In their worst month in more than 2 years, the Big 3's July market share was just 48.1%, the Detroit News reports, down 185,000 cars from last July. More »

      Tags

      auto industry  • General Motors  • Detroit  • Ford  • Chrysler  • Toyota  • Nissan

  • July 2007
  • June 2007
  • May 2007
  • April 2007

Stories 61 - 79 of 79

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