Archive for May, 2009

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UAW members agree to GM concessions

5 months, 3 weeks ago

Members of the UAW union have ratified a package of concessions designed to reduce General Motors Corp.’s labor costs, union President Ron Gettelfinger said Friday, The Detroit News reported.
At a ...

UAW: GM will make subcompacts in U.S.

5 months, 3 weeks ago

General Motors Corp. agreed not to import Chinese-made subcompact cars to the United States as part of its concession deal with the United Auto Workers, union President Ron Gettelfinger told ...

Ford pledges millions to support Visteon

5 months, 3 weeks ago

Ford Motor Co. has pledged millions of dollars to support bankrupt supplier Visteon Corp., and is calling on its other customers to do the same, The Detroit News reported.
Visteon’s decision ...

Delphi in talks to emerge from bankruptcy

5 months, 3 weeks ago

Delphi Corp., the auto parts maker that has been in bankruptcy proceedings for the last four years, may finally emerge from Chapter 11 and avert liquidation, the New York Times ...

Renault, Nissan seek $2 billion in new synergies

5 months, 3 weeks ago

The head of the alliance between Renault SA and Nissan Motor Co. said Friday he wants to squeeze out an extra 1.5 billion euros ($2.08 billion) in cost savings this ...

Saturn bidder taps former Chrysler execs

5 months, 3 weeks ago

Telesto Ventures, a contender for General Motors Corp.’s Saturn brand, has recruited a team of Chrysler veterans as advisers, a spokeswoman confirms for the Automotive News.
The trade publication said the ...

GM, Magna reach tentative deal on Opel, sources say

5 months, 3 weeks ago

General Motors Corp. and Canadian auto parts group Magna International Inc. have reached an agreement in principle that could rescue ailing German carmaker Opel, sources close to the negotiations told ...

Under the Pentastar for May 29

5 months, 3 weeks ago

This week’s Under the Pentastar looks at closing in on a deal with Fiat, the selection of new board members for a new Chrysler, support from Chrysler’s National Dealer Council, ...

New R6P8 engine to power Kahne at Dover

5 months, 3 weeks ago

The NASCAR Sprint Cup Series returns to short-track racing this weekend as Dover (Del.) International Speedway plays host to the Autism Speaks 400.
Known as “The Monster Mile,” Dover is a ...

DSO to provide free concert for employees

5 months, 3 weeks ago

(All tickets have been distributed as of June 8)
The Detroit Symphony Orchestra will give a free concert on the evening of Saturday, June 13, for employees of the auto industry—including ...

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