Hot Topics
Labor Unions
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GM shares return to $33 IPO price on optimism for truck sales
… backed bankruptcy reorganization. Rebound begins Shares began to slowly rebound in August as GM held talks with labor unions about cutting work hours at its main factory in Germany to lower production. The company later in the year also discussed …
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UAW membership nudges upward for 3rd straight year
… plants run by Asian and European automakers. Many of these plants are in the South, where workers are typically wary of labor unions . King, who has said the union must recruit more members to ensure its long-term survival, has tried using new tactics …
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Toyota salary bonus is highest since 2008
… guaranteed pay and not considered incentive compensation. The amounts are adjusted annually, typically in negotiations with labor unions . Toyota's stock price has risen 18 percent in 2013. The automaker outsold General Motors Co. and Volkswagen AG …
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UAW's King juggles diversification, southern strategy
… Bob King says he has finally begun to stem the decades-long membership decline in one of America's most powerful labor unions , but his goal of organizing at least one foreign-owned automaker in the South continues to elude him. King, 66 …
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GM expects Opel labor deal soon
BARCELONA (Reuters) -- General Motors believes it can strike a deal in the next few days with German labor unions over a restructuring of its money-losing European arm Opel, GM Vice Chairman Steve Girsky said on Monday. "We hope that we …
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UAW, Michigan unions to protest 'right-to-work' measures this week
… this week to try to stop Republicans from restricting labor unions in the cradle of the unionized U.S. auto industry ..... in the United States. Michigan Republicans surprised labor unions on Thursday by pushing through the legislature in a …
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Obama finding what's good for GM not so good for taxpayers
… story, so they're not going to suddenly admit, 'oh, no, now we've lost money,"' said Swagel, who contends labor unions received preferential treatment in GM's bankruptcy. "Everyone understands they've lost money, but, in their …
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GM badly lags Ford in Europe restructuring
… Vauxhall unit, which has lost billions of dollars over the past decade, has a long history of ill will with its labor unions , has seen its products and brand image pummeled in the media and has shown the door to all but a handful of its top …
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French minister: PSA should cut in Spain, not just in France
… trade deficit featured prominently. With the French economy at a standstill, unemployment at a 13-year high and labor unions warning that tens of thousands of jobs face the axe in the months ahead, he is under pressure to produce results …
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Ford hopes to woo back Mondeo Man with Aston Martin styling
… important." Capacity challenge Ford might find it easier to push product than to close factories in Europe, where strong labor unions have political backing to resist job cuts and shutdowns. Ford is using just 63 percent of its European factory capacity …
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Ford sees 'Mondeo Men' comeback with help from Aston Martin
… important." Capacity challenge Ford might find it easier to push product than to close factories in Europe, where strong labor unions have political backing to resist job cuts and shutdowns. Ford is using just 63 percent of its European factory capacity …
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Weight Loss, Dealer's Gain (9/4/12)
… It's built on a platform that's expected under pain more than a third of Volkswagen models. do you South Korean labor unions had nearly approved wage deal. The action for more strike and production losses and the auto maker. just posted its …
more than a third of Volkswagen models. -- do you South Korean labor unions had nearly approved wage deal. The action for more strike and production losses and the auto maker. -- just posted its first -
Europe's carmakers prepare for Detroit-style cuts
… European Opel/Vauxhall unit and Ford Motor Co.'s regional division, face less resistance from politicians and labor unions as they present cuts as an alternative to risking outright collapse. Governments, including the newly elected Socialists …
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Renault's Korean unit to shed jobs as sales slump
… were offset by strong overseas sales. Hyundai Motor, which with Kia Motors ranks fifth in global sales, has active labor unions and has not recently implemented any major voluntary redundancy programs. Renault-Samsung was created in 2000 when …
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GM is on target with Opel turnaround plan, CEO Akerson says
… Akerson said an agreement between management and German labor unions on restructuring the automaker's Opel unit is expected ..... restructuring will not come until GM negotiates a deal with labor unions to close the Bochum, Germany, plant after 2016. Reuters …
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VW threatens to quit ACEA over spat with Marchionne
… weighs on earnings and makes it difficult for many automakers to operate profitably in the region. Politicians and labor unions have vowed to resist large cutbacks. But Peugeot, GM and other mass-market companies face mounting pressure to slash …
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VW demands Marchionne step down as chief of Europe trade group
… weighs on earnings and makes it difficult for many automakers to operate profitably in the region. Politicians and labor unions have vowed to resist large cutbacks. But Peugeot, GM and other mass-market companies face mounting pressure to slash …
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Chrysler’s Golden Gain (7/20/12)
… factory because they engaged in a mob attack that led to a person's death. I nine workers in custody so far. The labor unions says the riot to the medics are plant began with a supervisor. Insulted in employee. Because of his cast. A super …
a person's death. I -- nine workers in custody so far. The labor unions says the riot to the medics are plant began with a supervisor. Insulted in employee. Because of his cast. A super car -
Ford could join rivals in closing European factory
… industrywide deliveries were off 6.3 percent. Closing factories is a difficult and slow process in Europe, where strong labor unions and state ownership in auto companies conspire against shutdowns and layoffs. GM said last month it plans to close …
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Ford could join rivals in closing European factory
… industrywide deliveries were off 6.3 percent. Closing factories is a difficult and slow process in Europe, where strong labor unions and state ownership in auto companies conspire against shutdowns and layoffs. GM said last month it plans to close …
