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GM, Toyota to fight in low-cost car sector Toyota has confirmed it will join what is quickly shaping up to be one of the toughest automotive segments to compete in, the ultra-low cost vehicle sector established with the unveiling of the Tata Nano in January. This is set to one of the fastest growing segments in the world with potentially millions of sales in just the Indian market alone so it’s not surprising the likes of Ford, GM and Renault-Nissan have announced plans to develop and market their own budget cars. Toyota will build its new... Article added: 2008-04-14 17:41:07 Article Views Rating: 164
UAW local threatens to strike GM Another Michigan United Auto Workers local is threatening to strike General Motors Corp., the automaker said Saturday. The UAW warned GM that it may strike the automaker's Grand Rapids metal stamping plant. If progress isn't made in bargaining a local contract within five days, the union says it will issue an official five-day strike notice, which is required before a walkout. Three factories, in Flint, Lansing and Warren, issued five-day strike notices last week warning GM the union will strike if... Article added: 2008-04-13 17:14:10 Article Views Rating: 136
UAW local threatens to strike GM Another Michigan United Auto Workers local is threatening to strike General Motors Corp., the automaker said Saturday. The UAW warned GM that it may strike the automaker's Warren transmission plant. If progress isn't made in bargaining a local contract within five days, the union says it will issue an official five-day strike notice, which is required before a walkout. Three factories, in Flint, Lansing and Warren, issued five-day strike notices last week warning GM the union will strike if local... Article added: 2008-04-12 22:11:58 Article Views Rating: 135
Some GM jobs called 'non-core' The days of earning $28 an hour for driving a vehicle off the assembly line or putting the finishing touches on an engine are gone for the next generation of General Motors Corp. factory workers. More than a dozen different jobs at GM assembly plants will soon get the title of "non-core," meaning new hires assigned to the tasks will receive about half the hourly pay of veteran workers on the line. Scores more jobs at GM's powertrain, stamping and transmission plants will also receive the non-core... Article added: 2008-04-12 22:11:57 Article Views Rating: 172
GM trials drive-in fitting room Most of us can admit to checking out our reflection in passing shop windows whilst in the car but for those drivers that can’t bear to see themselves behind the wheel GM has come up with a solution to avoid the problem. To help car buyers make the right purchasing decision, GM is trialing a new drive-in fitting room in a South London forecourt just outside one of its Chevrolet dealerships. Studies have shown that three out of every four drivers use their car as a status symbol, but 95% of respondents... Article added: 2008-04-12 22:11:56 Article Views Rating: 141
UAW targets three GM plants for strikes The United Auto Workers union has told General Motors Corp. that it will strike three of the automaker's plants in five days if the union and automaker are unable to strike local contracts, the company said today. The strike threats are for a Flint truck assembly plant, an assembly plant in Delta Township near Lansing, and a Warren transmission plant. The union notified GM today that it planned to deliver the required five-day notices. If there are no local deals at the end of five days, the UAW could... Article added: 2008-04-11 08:37:20 Article Views Rating: 156
Recall Watch: Toyota, GM recalling 660,000 vehicles for window defect Joint manufacturing ventures allow both automakers to share resources and platforms, but unfortunately, it also means they share problems. Such is the case with GM and Toyota, whose NUMMI plant in Fremont, California, put out 540,000 Toyota Matrixes, Corollas and 123,00 Pontiac Vibes with faulty bolts that hold in the glass on the two front doors. The 660,000 2003-2004 vehicles equipped with power windows are being recalled after 500 complaints, 36 claimed injuries and one crash ?! were reported. The... Article added: 2008-04-10 06:01:46 Article Views Rating: 164
GM defuses 1 of 5 feared strikes General Motors Corp. has struck a tentative agreement with one of five United Auto Workers union locals that had threatened a strike against the automaker. GM spokesman Dan Flores said Wednesday that GM and UAW Local 1005 in Parma, Ohio, have a deal pending ratification by the local's members. A date for a ratification vote has not yet been set. The union could not be reached for comment. The automaker is negotiating with four locals that issued strike warnings last week in Flint, Warren, Lansing and... Article added: 2008-04-10 06:01:45 Article Views Rating: 167
Job issues snag local GM pacts Job guarantees for workers and a deep reduction in the number of skilled trades job classifications are among the sticking points that led five United Auto Workers union locals to issue strike threats against General Motors Corp., local union leaders said on Tuesday. UAW locals representing GM plants in Flint; Warren; Lansing; Parma, Ohio; and Arlington, Texas, warned GM late last week that they will launch walkouts as soon as this weekend if labor deals aren't reached soon. GM's plant-level labor talks... Article added: 2008-04-09 05:44:34 Article Views Rating: 174
Cerberus to reign over GMAC GMAC LLC, the auto and home lender, will probably avoid a ratings cut at its profitable insurance unit by transferring control to an investor group led by Cerberus Capital Management LP. The plan gives all voting rights to the group controlled by Cerberus, which shares ownership of GMAC with General Motors Corp., according to a regulatory filing Tuesday. A.M. Best Co. said the action should ease concerns that caused it to review the insurer's credit and claims-paying ratings for possible downgrade as... Article added: 2008-04-09 05:44:34 Article Views Rating: 166 |
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