Detroit

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Chrysler Workers Walk Out
Chrysler Workers Walk Out
Oct 10, 2007 10:30 AM CDT

Chrysler Workers Walk Out

Second strike in two weeks for UAW, as talks with new owners miss deadline

(Newser) - United Auto Workers told its 49,000 Chrysler employees to walk off the job at 11 this morning after 24 hours of continuous negotiations failed to yield a contract. The action marks the second UAW strike against an automaker in 20 days. An expert estimated Chrysler will lose production on...

Chrysler to Cut Non-Union Jobs
Chrysler to Cut Non-Union Jobs
Oct 9, 2007 2:27 PM CDT

Chrysler to Cut Non-Union Jobs

Automaker slashes non-unionized jobs to avoid GM's fate

(Newser) - With Chrysler deep in talks on a new contact with the UAW—the clock is ticking on a strike deadline tomorrow morning—sources tell the Detroit Free Press that cuts to non-union employees are in the works. Loss of about 1,600 salaried and contract jobs is expected, on top...

UAW Sets Chrysler Strike Deadline
UAW Sets Chrysler Strike Deadline
Oct 8, 2007 7:34 AM CDT

UAW Sets Chrysler Strike Deadline

Union names Wednesday deadline as Chrysler talks intensify, may near deal

(Newser) - The United Auto Workers turned up the heat on Chrysler over the weekend, threatening to  strike if contract talks are not settled by Wednesday. The deadline may mean a deal is close and the UAW wants to push for a resolution of last issues, the Wall Street Journal reports.

Contract Allows GM to Shut 2 Plants

Several others also in jeopardy in deal for job protection

(Newser) - The tentative new contract between GM and United Auto Workers allows the company to shutter two plants and possibly several other facilities, according to a copy of the pact obtained by the AP. The union concessions on plants in Indianapolis and suburban Detroit were made in exchange for guarantees of...

GM, UAW Deal Is Turning Point for Detroit

Deflects retiree healthcare costs, will buy out some workers

(Newser) - The agreement General Motors and the UAW reached early this morning, after a 2-day walkout, could make a significant difference in Detroit's long, losing battle with foreign competitors who enjoy lower labor costs, the Wall Street Journal reports. GM successfully offloaded spiraling medical costs by forming a union-controlled trust, and...

GM, Union Strike Tentative Deal
GM, Union Strike Tentative Deal
Sep 26, 2007 3:28 AM CDT

GM, Union Strike Tentative Deal

Workers back on job as both sides agree to health pact

(Newser) - General Motors and the United Auto Workers have struck a contract deal that sent striking union members back to the job today, reports the Detroit Free Press. The late-night agreement includes GM's plan for a health program, which was the major sticking point in earlier negotiations.

UAW Goes on Strike Against GM
UAW Goes on Strike Against GM
Sep 24, 2007 11:32 AM CDT

UAW Goes on Strike Against GM

Nationwide walkout follows 10 days of talks; negotiations continue

(Newser) - Unionized employees at GM plants across the country walked off the job today after their 11am strike deadline passed without an agreement. The UAW said it had done “everything possible to negotiate a new contract,” including bargaining for 10 days after the initial deadline. GM stock rose this...

Historic Deal in Sight for GM and UAW

Agreement reached on shifting health costs to union-run trust

(Newser) - After bogging down for several days, talks between General Motors and the UAW got back on track yesterday as automaker and union reps closed in on a historic agreement to shift health-care costs to a union-controlled trust, the Wall Street Journal reports. The two sides are said to have a...

GM and UAW Hit Impasse on Health Care

Talks stalled on funding of union-run trust for medical costs

(Newser) - General Motors has reached an impasse with the UAW on the transfer of health care liabilities to a union-run trust, a serious blow to the company's plans for rejuvenation. Five days into contract talks, negotiators could not agree on the amount GM would pay into the fund, reports Bloomberg, and...

GM Talks Resume With Optimism
GM Talks Resume With Optimism
Sep 17, 2007 12:42 PM CDT

GM Talks Resume With Optimism

Marathon yesterday yielded progress on financing for health-care trust

(Newser) - Talks between GM and UAW reps resumed late this morning after a 16-hour session that ran to 3am and came close to an agreement on the key issue of shifting heath-care costs to a union-run trust.  Both sides confirmed good progress, and employees are on the job today, despite...

GM, UAW Talk Past Deadline
GM, UAW Talk Past Deadline
Sep 15, 2007 6:05 AM CDT

GM, UAW Talk Past Deadline

Contracts renewed on hourly basis

(Newser) - The United Auto Workers and General Motors talked four hours past their midnight deadline for contract negotiations before agreeing to resume bargaining later today. They extended talks on an "hour-to-hour" basis on a deal that would include a union-controlled trust to assume GM's $50-billion liability for retiree health care....

UAW Targets GM on Contract
UAW Targets GM on Contract
Sep 14, 2007 8:25 AM CDT

UAW Targets GM on Contract

Car giant chosen as lead company in crucial talks

(Newser) - The United Auto Workers have chosen General Motors to be the lead company in negotiations on contracts set to expire tonight, adding pressure to strike a deal the UAW will then try to impose on Ford and Chrysler. The union chose GM because it's in the best financial shape of...

Midwest Jobs Take a Beating
Midwest Jobs Take a Beating
Sep 10, 2007 9:35 AM CDT

Midwest Jobs Take a Beating

Housing slump and auto woes hit the region hard

(Newser) - Jobs in the Midwest have taken a one-two punch from the national housing slump and the flagging Detroit auto industry, the Wall Street Journal reports. Factories that make the materials used to build new homes in high-flying markets from California to Florida are starting to downsize, following huge layoffs by...

Chrysler Pilfers Toyota's Top US Executive

Firm's highest-ranking non-Japanese ever jumps ship

(Newser) - Toyota North America's president will become the new co-president and vice chairman of Chrysler, the Detroit Free Press reports. Jim Press, the highest-ranking non-Japanese exec in Toyota's history, brings a reputation as a talented manager to Chrysler, which is in the process of transforming into a private company after being...

GM Scores With Crossovers
GM Scores With Crossovers
Sep 4, 2007 1:45 PM CDT

GM Scores With Crossovers

New models steering customers back onto American lots in droves

(Newser) - In its fierce battle with Asian automakers to reclaim the hearts and keys of American drivers, GM has three reasons to celebrate: the Buick Enclave, GMC Acadia, and Saturn Outlook. The company’s crossover vehicles combine the look of an SUV with the higher fuel economy of a sedan—and...

Toyota Banks Best-Ever Quarter
Toyota Banks Best-Ever Quarter
Aug 3, 2007 2:27 PM CDT

Toyota Banks Best-Ever Quarter

Good yen rate bolsters $4B quarter

(Newser) - Toyota reported its highest quarterly earnings ever today after profits surged 32% to $4.1 billion due to booming sales and favorable exchange rates for the yen. Revenue rose $54 billion, up 16% compared to the same quarter last year, and the Japanese giant sold 2.16 million cars, an...

Play Ball! Detroit Named Best Sports Town

Sporting News moves Chicago to No. 4

(Newser) - After 9 years on the bench, Detroit has regained the coveted status of best sports city of the year, according to the Sporting News. The magazine weighed factors including won/loss records, championships, star players, and fan fervor. The Motor City (plus Ann Arbor and Ypsilanti) managed to overcome the performance...

Foreign Cars Outsell Detroit
Foreign Cars Outsell Detroit
Aug 2, 2007 5:14 AM CDT

Foreign Cars Outsell Detroit

Foreign cars outsell American vehicles for first time ever

(Newser) - Foreign car makers, predominantly the Japanese, sped past their sputtering domestic competitors in July, outselling Detroit  for the first time in history. In their worst month in more than 2 years, the Big 3's July market share was just 48.1%, the Detroit News reports, down 185,000 cars from...

UAW Gears Up for Contract Talks on Health Care

Current system must change as retirees outnumber active workers

(Newser) - The United Automobile Workers Union starts high-stakes contract talks with Detroit automakers tomorrow, at a time when the union counts more retirees than active workers in its ranks—meaning higher health-care costs—and the American automotive industry is in dire financial straits. The talks are being called "the most...

Senate Passes Energy Bill
Senate Passes Energy Bill
Jun 22, 2007 5:00 AM CDT

Senate Passes Energy Bill

Vehicles must hit a green 35mpg by 2020; Detroit seeing red

(Newser) - The Senate gave a green light to an energy plan that would pump total fuel-economy standards to 35 mpg by 2020, and require vehicles to run on 85% ethanol by 2015. Democrats say the bill will reduce America's reliance on foreign oil, help control gas prices and counteract the effects...

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