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Big Three Automakers

Onward, Toward Plutocracy

David Macaray | Posted 05.25.2015 | Business
David Macaray

Which outcome has the better odds of succeeding? The UAW forcing the Big Three to adhere to an "equal pay for equal work" format and return to a one-tier wage format, or the Big Three eventually implementing a third, fourth, fifth and sixth wage tier? Not to sound defeatist, but I think we know the answer.

Don't Let Detroit Happen to You

Meiko S. Patton | Posted 08.28.2014 | Business
Meiko S. Patton

What's required now is an entrepreneurial mindset. As federal workers if you want to advance in your career, you have to stop thinking like an employee. You have to think and act like you're running the company you're working for.

Ending the Era of Giveaway Trade

Rep. Louise Slaughter | Posted 05.15.2014 | Politics
Rep. Louise Slaughter

Two years ago today, a little-noticed, but profoundly important, trade agreement between the United States and South Korea took effect.

Detroit, General Motors and the American Dream

Steven Conn | Posted 09.29.2013 | Detroit
Steven Conn

The city that built cars was also built by and for the car, and that legacy may prove the biggest obstacle to creating a post-automobile future.

Bailed-Out Automaker Denies Damning Accusations

Reuters | Posted 04.28.2013 | Business

* Disputes reports saying automaker requested pay increase * Says requested $9 mln pay package, not $11.1 mln * GM says ...

Major Lawsuit Could Undo Some Of Bailout

Reuters | Posted 03.05.2013 | Business

By Tom Hals Jan 3 (Reuters) - A U.S. bankruptcy judge could soon rule on whether the 2009 government-led restructuring of General Moto...

Amanda Terkel

Big 3 Automakers Reportedly Worried About Michigan Right To Work | Amanda Terkel | Posted 12.11.2012 | Detroit

WASHINGTON -- While one of Michigan's biggest industries remains silent in public on the debate over so-called right-to-work legislation, privately th...

GM Aims Low In China

Reuters | Posted 11.18.2012 | Business

BEIJING (Reuters) - General Motors Co. and its local partners, intensifying competition in China in the no-frills car market, on Sunday formally opene...

Why China Isn't Building Cars For America

Detroit News / Detroit Free Press | Alisa Priddle | Posted 01.06.2013 | Detroit

Making cars in China has been used to scare voters and even Chrysler workers in the presidential campaign's waning days, but the reality is Chinese-as...

Romney, Obama Banned From Campaigning At Bailed-Out Automakers

Reuters | Posted 10.29.2012 | Business

Aug 28 (Reuters) - General Motors Co and Chrysler Group LLC, U.S. automakers that received billions of dollars in government help to stay afloat dur...

Ron Dicker

Ford Gets In The Grill Of GM Over Facebook Withdrawal | Ron Dicker | Posted 05.16.2012 | Business

Facebook's got a friend in Ford. After General Motors announced it was killing its Facebook advertising just days before Facebook's IPO, Ford sent ...

Automaker Nets Big Profit

Reuters | Posted 06.25.2012 | Business

* Fiat earnings aided by strong Chrysler performance * Chrysler maintains 2012 guidance of $1.5 bln profit * To begin sa...

CEO's Strangely Altruistic Move

Reuters | Posted 05.07.2012 | Business

DETROIT, March 7 (Reuters) - Sergio Marchionne, the chief executive of Chrysler Group LLC, declined a salary and bonus for 2011 when the smallest U....

David Kiley

Looking To Reinvent Lincoln | David Kiley | Posted 12.16.2011 | Detroit

DETROIT -- The creative management of Ford's Lincoln brand is moving out of the Motor City to the Big Apple. The company announced Friday a new creati...

Jon Ward

Mitt Romney Insists He 'Was Frankly Right' On Auto Bailout Stance | Jon Ward | Posted 01.08.2012 | Politics

WASHINGTON -- Mitt Romney has made a very simple argument about his controversial stance regarding the auto bailouts of 2008 and 2009: He was right al...

Michigan's Economic Recovery Second Fastest In The Nation

The Huffington Post | Jillian Berman | Posted 01.02.2012 | Business

Long the symbol of America's deindustrialization, Michigan may be on the comeback trail. The state is recovering at the second fastest pace in the...

Chrysler Posts Best Result In Four Years

Posted 01.01.2012 | Business

Chrysler Group LLC posted a 27 percent gain in October U.S. sales -- its best result in four years -- as major automakers reported results pointing to...

UAW: Ford, Union Reach Tentative Contract

Posted 12.04.2011 | Business

DETROIT (Reuters) - Ford Motor Co and the United Auto Workers union have reached tentative agreement on a new four-year labor contract, the union said...

Report: America's Richest Union Living Beyond Its Means

Posted 11.22.2011 | Business

DETROIT (Reuters) - Bob King, the president of the United Auto Workers, has a problem: the labor union that credits itself with creating the American ...

Let's Make A Deal: UAW Nears Vote On GM Contract

Posted 11.20.2011 | Business

About 48,500 General Motors Co workers at U.S. factories will begin considering the details of a proposed four-year contract on Tuesday that represent...

Tesla Stock Soars After It's Called 'America's Fourth Automaker'

The Huffington Post | Amy Lee | Posted 05.31.2011 | Business

UPDATE: Tesla stocks closed at $27.75 on Thursday, a 2.7 % decrease from a daytime high of $28.51, but up 17 percent from Wednesday. Ford, General...

Amy Lee

Strong December Auto Sales Boost Hopes For 2011 | Amy Lee | Posted 05.25.2011 | Business

For automakers, December delivered 2010's strongest monthly sales totals, invigorating industry hopes for a more prosperous year to come. Auto sales...

GM a Winner, But Dangers Still Lurk

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

While today is surely a time to celebrate GM, it's also critical to take a quick look at the 11 ways GM could find itself in the same bankruptcy boat which nearly destroyed forever the American auto business as we'd known it for 100 years.

GMC's 2011 Heavy Duty 2500 Pickup Has More Swagger than before

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

This GMC 2500 Sierra stands up to the toughest truck-centric scrutiny -- that of those who actually use their truck as a tool along with their belts, compressors, ice chests... and race cars.

'Cracking the Code' to Keeping Manufacturing Jobs in America

Gov. Jennifer M. Granholm | Posted 05.25.2011 | Business
Gov. Jennifer M. Granholm

While we won't be able to keep all labor-intensive manufacturing jobs in America, we're now seeing the first real evidence of what it takes for advanced manufacturing to stay and grow in America.