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Monthly Archives: August 2009
Auto supplier Continental AG to shut … – Detroit Free Press
Auto supplier Continental AG to shut Alabama plantDetroit Free PressA UAW 1413, which represents hourly employees at the plant, could not be reached for comment. The company informed workers today of the plant's closure. …Continental Automotive To Close Huntsville PlantWHNTContinental … Continue reading
UAW = Unions Accepting Welfare – Liberty Papers
UAW = Unions Accepting WelfareLiberty PapersThe biggest beneficiary would be the UAW, which got $60 billion from the Big Three in exchange for taking on the obligation for retiree health care. …Media Virtually Silent About $10 Billion Union Health Care … Continue reading
[$$] Boeing Names New Head of Passenger-Jet Unit (at The Wall Street Journal Online)
â??The future of transportation will be a blend of things like Zipcar, public transportation, and private car ownership. Not only do I not fear that, but I think itâ??s a great opportunity for us to participate in the changing nature … Continue reading
Power Point: See opportunity, not fear (at Fortune)
â??The future of transportation will be a blend of things like Zipcar, public transportation, and private car ownership. Not only do I not fear that, but I think itâ??s a great opportunity for us to participate in the changing nature … Continue reading
Continental Automotive To Close Hunts… – WHNT
Continental Automotive To Close Huntsville PlantWHNTOn July 28, 2009, Continental informed the UAW's bargaining committee that Continental's automotive business has been negatively impacted by adverse market …Continental to close electronics plant in Huntsville, Ala.Automotive NewsContinental to close plant by end … Continue reading
[$$] Tata Motors Reports Loss; Luxury Unit Slips (at The Wall Street Journal Online)
Ford Motor Co. said Monday it sold more than 2,000 of its new Transit Connect commercial vans in the vehicle’s first month of sales.source Tags: Ford
Ford Transit Connect sales top 2,000 in August (AP)
Ford Motor Co. said Monday it sold more than 2,000 of its new Transit Connect commercial vans in the vehicle’s first month of sales.source Tags: Ford
First Full Month of Transit Connect Sales Top 2,000; Ford Van Hits as Small Business Outlook Improves (PR Newswire)
-source Tags: Ford
[audio] Automakers consider life after clunkers [3.8 min] (at MarketWatch)
The party is over. The hangover, just beginning. August’s auto sales numbers are expected to be the strongest in two years, thanks to the government’s cash for clunkers program. But they could be just a blip on the radar, says … Continue reading
Tata seeking £100m to support JLR (at FT.com)
Tata Motors , which is reporting a quarterly loss caused by sliding sales at Jaguar and Land Rover, said it planned to raise at least £100m of working capital for the two ailing UK car brands.source Tags: Jaguar, Land Rover, … Continue reading
UAW Fighting to Keep California Assem… – AFL-CIO
UAW Fighting to Keep California Assembly Plant Open, and More …AFL-CIOThe UAW, along with community members and lawmakers are fighting to keep open the NUMMI assembly plant in California—and … source Tags: UAW
Losses at Jaguar Land Rover Weigh Down Tata Motors (at BusinessWeek)
Tata Motors lost 3.3 billion rupees in the April-June quarter, driven by a 52 percent drop in sales volumes at its Jaguar Land Rover subsidiary and the cost of servicing its debt, the company said Monday.source Tags: Jaguar, Land Rover, … Continue reading
Ford Expects Strong August Sales (Zacks.com)
The company has attributed the possible surge in sales to the much-talked-about “Cash for Clunkers” program.source Tags: Ford
General Motors China Signs $293M FAW Group Deal (at Seeking Alpha)
Tata Motors lost 3.3 billion rupees in the April-June quarter, driven by a 52 percent drop in sales volumes at its Jaguar Land Rover subsidiary and the cost of servicing its debt, the company said Monday.source Tags: General Motors, Jaguar, … Continue reading
Could Ford Catch Toyota? (at CNBC)
Tata Motors lost 3.3 billion rupees in the April-June quarter, driven by a 52 percent drop in sales volumes at its Jaguar Land Rover subsidiary and the cost of servicing its debt, the company said Monday.source Tags: Ford, Jaguar, Land … Continue reading