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Filed under: Plants/Manufacturing , Chrysler, LLC. , Ford , GM , Earnings/Financials , UAW/Unions The president of the United Auto Workers union, Ron Gettelfinger, said in a recent CNN interview that U.S. automakers need to tell Congress they will limit corporate pay, bonuses and severance packages in...
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Filed under: Hybrids/Alternative , Government/Legal , Green , Chrysler, LLC. , Ford , GM Remember the growing movement to caravan a few hundred of Detroit's most fuel efficient vehicles to the automaker's next meeting with Congress? Not happening. Interestingly, it wasn't for lack of support...
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Filed under: Government/Legal , Chrysler, LLC. , Ford , GM Last week, the House of Representatives passed a bill approving a $25 billion loan for the Detroit 3. Now the Senate, by a similar margin, has passed the bill, which means it needs George W. Bush's John Hancock in order for the automakers...
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Filed under: Car Buying , Chrysler , Ford , GM Showing great discipline amid declining sales, the Detroit 3 have held back on the temptation to dump vehicles on fleet customers in order to boost numbers. As we reported last month , selling vehicles to corporate fleets and daily rental companies has been...
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Filed under: Chevrolet , Ford , GM , UAW/Unions Until Detroit automakers signed landmark deals with the UAW that shifted retiree health care costs to the union, it was cheaper to make vehicles in Canada. Government health care saved automakers about $6 per work hour, a savings of over $12,000 a year...
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