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October 6, 2008 2:17:03 PM CDT



Auto Industry track this thread

Started by D Lim; Last updated May 17, 08 11:04 AM CDT by SeacoastNH | View history

Auto Industry

So long, Model T: gasoline has turned to biofuel, Detroit to Tokyo, and the 8-cylinder to a hybrid engine. Can carmakers shift gears to keep up with the times?

Stories

Stories 181 - 200 of 237

  • October 2007
    • UAW Wins Some, May Lose Some in Chrysler Deal

      UAW Wins Some, May Lose Some in Chrysler Deal

      (Newser) - Chrysler's UAW deal came about largely as a result of the company's late concession to preserve 3,100 UAW jobs at its Mopar parts arm and a transport operation . But even as the union trumpets those victories, more union concessions—allowing Chrysler to cut costs—will probably come to light soon, reports the Wall Street Journal. More »

    • It's a Plane! It's a Car! It's ...

      It's a Plane! It's a Car! It's ...

      (Newser) - A new vehicle suitable for both air and road travel could be available within two years, reports MIT's Technology Review . By recently producing the world's first automated folding wing, Massachusetts company Terrafugia, Inc. came a step closer to creating the Transition, a "light sport aircraft" that works on the ground and in the air. More »

    • Strike Over After Chrysler, UAW Reach Deal

      Strike Over After Chrysler, UAW Reach Deal

      (Newser) - Chrysler and the United Auto Workers reached a tentative agreement on a new four-year contract this afternoon, the Wall Street Journal reports, just hours after UAW members walked off the job at Chrysler plants. The agreement is said to follow the pattern set by last month's General Motors pact, which the UAW announced today has been ratified by members. More »

    • Chrysler Workers Walk Out

      Chrysler Workers Walk Out

      (Newser) - 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 »

    • GM Puts Brakes on Stolen Cars

      GM Puts Brakes on Stolen Cars

      (Newser) - GM's OnStar service could soon reduce dangerous police pursuits, AP reports, by allowing police who spot stolen cars to ask operators to send a signal that slows the car to a halt. "This technology will basically remove the control of the horsepower from the thief," said OnStar's president. The system will be installed in about 20 2009 models. More »

    • Chrysler to Cut Non-Union Jobs

      Chrysler to Cut Non-Union Jobs

      (Newser) - 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 »

    • UAW Sets Chrysler Strike Deadline

      UAW Sets Chrysler Strike Deadline

      (Newser) - 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 »

    • Auto Workers Face Off With Chrysler Next

      Auto Workers Face Off With Chrysler Next

      (Newser) - The United Auto Workers have decided to sit down with Chrysler next, hoping to extend the terms of the contract negotiated with GM last month, Bloomberg reports. At Chrysler, the UAW will be dealing with a CEO who's been on the job just two months—Robert Nardelli, former chief of Home Depot—and new owners, private-equity firm Cerberus Capital Management, which bought the struggling company from DaimlerChrysler earlier this year. More »

    • Contract Allows GM to Shut 2 Plants

      Contract Allows GM to Shut 2 Plants

      (Newser) - 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 »

  • September 2007
    • Local UAW Leaders OK GM Agreement

      Local UAW Leaders OK GM Agreement

      (Newser) - United Auto Workers local leaders unanimously approved an agreement with General Motors today, setting the stage for a vote of members next week. The contract specifies that GM will inject $29.9 billion into a union-run trust that will assume health care costs, and continue to pay retiree health-care costs until the trust kicks in in 2010, for another $5.4 billion. The company will also backstop the plan with annual payments of $165 million over 20 years, the Wall Street Journal reports. More »

    • Historic Deal in Sight for GM and UAW

      Historic Deal in Sight for GM and UAW

      (Newser) - 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 »

    • GM Talks Resume With Optimism

      GM Talks Resume With Optimism

      (Newser) - 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 »