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Chrysler Cuts 1200 Jobs at Its Canadian Plant
Michigan based Auto giant Chrysler LLC has announced that it is cutting its entire third shift at it's minivan assembly plant in Windsor, Ontario indefinitely, affecting about 1,200 jobs. The company said Wednesday... Toyota Struggling in Tough Economy, Seeks to Slash Worker Wages
Toyota may be stiff competition for American automakers but it is struggling to stay afloat in these tough economic times all the same. Early this week Toyota announced it would initiate an 11 day work stoppage by shutting down production at plants in Japan as part of...Major US Car Manufacturers Facing Disaster, but Not Alone
The news from the Republican side of the isle today bode ill for GM and Chrysler. GOP party poopers said no to the massive bail out plans that the Bush Administration and the Democrats want to push through. NO...Democrats, White House Haggle over Auto Bailout Plan
Congressional Democrats and White House staff hashed out the details of a plan for the Big 3 Auto Bailout over the weekend, hoping to solidify a bill that would allow roughly $15 billion in loans to General... US automakers, promising cuts, now ask for $34 billion
The Big Three automakers are now seeking even greater sums of money, in the form of loan guarantees from the US government, simply to stay liquid and keep operating. The automakers have submitted to Congress...
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