UAW Wants Cut of Detroit Profits
AUBURN HILLS, Mich. (AP) — To help American carmakers stay in business, autoworkers grudgingly gave up pay raises and some benefits four years ago. Now that General Motors, Ford and Chrysler are making...
View ArticleAuto Industry Could Lead US Economic Recovery: Survey
The auto industry could lead an economic recovery in the United States, according to a recent survey by audit, tax and advisory firm KPMG. Auto executives plan to do more hiring and more capital...
View ArticleObama Calls Warren Buffett, Ford’s Alan Mulally to Talk About Economy
In preparation for a major jobs address to be delivered after Labor Day, President Obama spoke on the phone with Warren Buffett, the CEO of Berkshire Hathaway, and Alan Mulally, the CEO of Ford Motor...
View ArticleWorld Car Population Surpasses 1 Billion
The number of cars on the world’s roads surpassed one billion last year, according to a study that has spurred debate on what the rapidly-growing car population will mean for the world’s economy and...
View ArticleFor Some Labor Advocates, GM Labor Deal Falls Short
After weeks of negotiations between auto workers and General Motors over a new four-year contract, the union announced Tuesday that the company plans to create thousands of new jobs and give raises to...
View ArticleReports:UAW Facing Financial Reckoning, Reuters
DETROIT (Reuters) – Bob King, the president of the United Auto Workers, has a problem: the labor union that credits itself with creating the American middle class has glimpsed the end of the line. Two...
View ArticleAuto Company Considering Shifting Product To The United States
TOKYO, Sept 26 (Reuters) – Toyota Motor Corp is considering shifting production of South Korea-bound Camry autos to the United States from Japan to help lower export costs of the sedan, the Nikkei...
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