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Main > Car Makers News > Ford > UAW, Ford reach health care deal | detnews.com | The Detroit News WASHINGTON -- The United Auto Workers said today it had reached a tentative deal with Ford Motor Co. on how it will fund a health care trust that takes over payment of hourly retiree health care beginning next year. The deal allows Ford the option to use common stock for up to 50 percent of each scheduled payment into the health care trust -- the Voluntary Employee Benefit Association -- in lieu of cash. "We will consider each payment when it is due and use our discretion in determining whether cash or... Full article... Article added: 2009-02-24 09:58:41 Article Views Rating: 274 Main > Car Makers News > Ford > Ford's health deal may set trend | detnews.com | The Detroit News WASHINGTON -- Ford Motor Co.'s tentative agreement Monday with the United Auto Workers to use company stock to fund up to half of its contributions to a union-run retiree health care fund could set the stage for similar deals with Detroit's other automakers. General Motors Corp. and Chrysler LLC must win substantial concessions from the UAW as well as their debt holders to show viability by March 31 under the terms of $17.4 billion in emergency loans they have received from the government. The deal... Full article... Article added: 2009-02-24 09:58:35 Article Views Rating: 217 Main > Car Makers News > Honda > A new social compact: Honda Civic best all-around choice in '09 lineup | detnews.com | The Detroit News There's no doubting the variety that comes with compact cars. Some, such as the Volvo C30 and Audi A3, are more luxurious, while others, like the Mini Cooper, have cult-like followings. All of them, however, share a few common attributes. In auto parlance, they are known as C-Segment vehicles, something that falls between the B and D segments. The EPA defines them as vehicles with interior volumes measuring between 100 and 109.9 cubic feet, but most people wouldn't know a cubic foot from a... Full article... Article added: 2009-02-23 15:09:05 Article Views Rating: 248 Main > Car Makers News > Other > Auto team drives imports | detnews.com | The Detroit News WASHINGTON -- The vehicles owned by the Obama administration's auto team could reflect one reason why Detroit's Big Three automakers are in trouble: The list includes few new American cars. Among the eight members named Friday to the Presidential Task Force on the Auto Industry and the 10 senior policy aides who will assist them in their work, two own American models. Add the Treasury Department's special adviser to the task force and the total jumps to three. The Detroit News reviewed public records to... Full article... Article added: 2009-02-23 15:09:05 Article Views Rating: 143 Main > Car Makers News > Chrysler > Chrysler takes steps in quality | detnews.com | The Detroit News The first thing Doug Betts did when he arrived at Chrysler LLC in October 2007 to oversee quality was define the term so everyone would be on the same page to fix problems. The Auburn Hills automaker had not scored well in quality surveys, which has been costly in terms of lost sales. Betts noted similarities to problems he encountered as a troubleshooter at Nissan Motor Co. following poor product launches in 2003. Months of brainstorming at Nissan became Chrysler's gain, as Betts said he knew within... Full article... Article added: 2009-02-23 15:09:05 Article Views Rating: 222 Main > Car Makers News > Other > At least Mercedes' nerdy little ute is a gem mechanically | detnews.com | The Detroit News If ever you needed a reason to shoot out the light in your garage, may I present the 2010 Mercedes-Benz GLK 350, a vivacious and elegant little ute disguised as a vandalized Subaru Forester. What's the deal here? The exterior is a veritable food fight of odd angles and curious proportions, fender swells and dissonant accent lines, and all of it buttoned by a hilariously oversized, nay, desperate grille. The GLK suggests nothing less than a Dadaist collage of the company's styling portfolio pasted onto a... Full article... Article added: 2009-02-23 15:09:03 Article Views Rating: 169 Main > Car Makers News > Other > Automakers putting brakes on options to trim costs | detnews.com | The Detroit News DETROIT -- When American consumers start buying new cars again, they'll likely find fewer combinations of moon roofs, seat upholstery and stereo systems to choose from. As with better fuel economy, it's a case of U.S. automakers taking a cue from their Japanese counterparts. A buyer of the 2008 Ford Fusion could choose from the various models and extra features available and come up with 2,600 combinations. For the 2010 version due in showrooms this summer, the number drops to 104. The Toyota Camry and... Full article... Article added: 2009-02-23 15:09:03 Article Views Rating: 141 Main > Week in Photos > Other > Volkswagen Caddy To Return To The Track For More Success Following its best-ever track results in 2008, hopes are high that the coming season of the Volkswagen Racing Cup might provide even greater success for the world's only racing van – the VW Caddy TDI. The crowd-pleasing Caddy van will be back in the hands of its regular pilot, Peter Wyhinny, for the 2009 season, and with some fine-tuning in the workshops of Volkswagen Racing UK, he hopes to improve on the three podium finishes the turbodiesel van delivered last year. 'The Caddy is now... Full article... Article added: 2009-02-18 16:05:51 Article Views Rating: 176 Main > Car Makers News > Daimler > Daimler has fourth-quarter loss | detnews.com | The Detroit News BERLIN -- German automaker Daimler AG on Tuesday reported a 1.53 billion euros $1.93 billion fourth-quarter loss and warned that sales of its marquee Mercedes-Benz cars would decline through 2009 because of the economic meltdown's pinch on the automotive industry. The loss for the Stuttgart-based maker of Mercedes-Benz, Smart and Maybach compares to a profit of 1.7 billion euros a year earlier. Sales slid 12 percent, to euro23.2 billion compared with euro26.5 billion a year earlier as the number of... Full article... Article added: 2009-02-17 14:55:40 Article Views Rating: 208 Main > Car Makers News > BMW > BMW, Daimler look to share expenses | detnews.com | The Detroit News For more than a year, German luxury carmakers BMW AG and Daimler AG have explored ways to cooperate and share some production and development costs. The German newspaper Frankfurter Allgemeine Zeitung reported Sunday that the longtime rivals may be close to signing cost-sharing agreements on such items as power window motors. Both companies declined to comment on Monday, and some analysts said the timing of the report suggested it might have been intended as a distraction from what are likely to be very... Full article... Article added: 2009-02-17 14:55:40 Article Views Rating: 238 |
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