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Mar
13th

Ford joins Chrysler in callling GM-CAW deal weak

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Ford Canada will not accept the same labor agreement that General Motors of Canada recently struck with the Canadian Auto Workers union because the deal will not deliver enough cost savings, Ford said on Friday. Full story...
Mar
13th

Ford joins Chrysler in saying GM’s CAW deal is too weak

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Ford Canada will not accept the same labor agreement that General Motors of Canada recently struck with the Canadian Auto Workers union because the deal will not deliver enough cost savings, Ford said on Friday. Full story...
Mar
13th

Ford joins Chrysler in saying GM-CAW deal is too weak

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Ford Canada will not accept the same labor agreement that General Motors of Canada recently struck with the Canadian Auto Workers union because the deal will not deliver enough cost savings, Ford said on Friday. Full story...
Mar
13th

GM recalls 277,000 vehicles for shifter problem

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General Motors is recalling 277,000 vehicles built for the 2009 model year to fix a defect that can cause a parked car or truck to roll away. Full story...
Mar
13th

Automakers’ late payments threaten tool and die makers, task force told

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A beleaguered automaker such as General Motors could save hundreds of millions of dollars if it treated tool and die makers better, a presidential task force on the auto industry was told on Thursday. Full story...
Mar
13th

Automakers’ late payments threaten tool makers

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A beleaguered automaker such as General Motors could save hundreds of millions of dollars if it treated tool and die makers better, a presidential task force on the auto industry was told on Thursday. Full story...
Mar
13th

GM Europe’s brands suffer sales collapse in February

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General Motors Europe's Opel/Vauxhall and Saab units saw their new-car sales collapse in Europe last month amid uncertainty about the future of the brands. Full story...
Mar
13th

US: American Axle on the brink – auditors

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Auditors of key General Motors and Chrysler supplier American Axle & Manufacturing Holdings (AAM) have warned the supplier could collapse due to pressure on the automakers. Full story...
Mar
13th

American Axle warned that it may not survive GM, Chrysler woes

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American Axle and Manufacturing Holdings Inc.'s auditors are warning the auto supplier may go out of business because of pressure on its main customers, General Motors and Chrysler LLC. Full story...
Mar
13th

American Axle receives ‘going concern’ warning

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American Axle and Manufacturing Holdings Inc.'s auditors are warning the auto supplier may go out of business because of pressure on its main customers, General Motors and Chrysler LLC. Full story...
Mar
13th

American Axle gets ‘going concern’ notice

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American Axle and Manufacturing Holdings Inc.'s auditors are warning the auto supplier may go out of business because of pressure on its main customers, General Motors and Chrysler LLC. Full story...
Mar
13th

Germany’s Merkel: Government has responsibility to help Opel

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German Chancellor Angela Merkel said today the government had a political responsibility to try to help struggling General Motors unit Opel. Full story...
Mar
12th

Wagoner meets with Obama, other executives

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General Motors CEO Rick Wagoner joined other corporate executives in a meeting today with President Barack Obama. Full story...
Mar
12th

GM won’t need $2 billion in U.S. loans this month

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In a rare move these days, General Motors has told the federal task force on the automotive industry that it will not need $2 billion in loans this month. But GM still thinks it will need the full $22. Full story...
Mar
12th

GM won’t need $2 billion in government loans this month

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In a rare move these days, General Motors has told the federal task force on the automotive industry that it will not need $2 billion in loans this month. But GM still thinks it will need the full $22. Full story...
Mar
12th

Saab cuts 750 jobs, says its being courted by Swedish investor group

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Saab today announced 750 job cuts as it tries to stay afloat and said that a group of Sweden-based investors was interested in buying the brand. General Motors has said it will shed loss-making Saab at the latest by 2010. Full story...
Mar
12th

Saab cuts 750 jobs, says courted by Swedish group

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Saab today announced 750 job cuts as it tries to stay afloat and said that a group of Sweden-based investors was interested in buying the brand. General Motors has said it will shed loss-making Saab at the latest by 2010. Full story...
Mar
12th

Saab cuts 750 jobs, says courted by Swedish group

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Saab today announced 750 job cuts as it tries to stay afloat and said that a group of Sweden-based investors was interested in buying the brand. General Motors has said it will shed loss-making Saab at the latest by 2010. Full story...
Mar
12th

Saab cuts 750 jobs, says it’s being courted by Swedish investor group

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Saab today announced 750 job cuts as it tries to stay afloat and said that a group of Sweden-based investors was interested in buying the brand. General Motors has said it will shed loss-making Saab at the latest by 2010. Full story...
Mar
12th

GM Europe wins financial aid from Spain

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General Motors' Opel brand has obtained a loan guarantee from Spain but still needs 2.6 billion euros from Germany, the head of GM Europe said today. "We need a guarantee for more than 3.3 billion euros in Europe in order to get loans from banks. Full story...
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