WINDSOR, Ont. - Employees at two auto plants in Windsor, Ontario are facing rotating layoffs, starting next week. " Workers at the General Motors transmission plant are facing temporary job cuts as the automaker...
created by Mary Richard | 4 years ago | updated 4 years ago 744 views | 2 recommendations | 0 comments
The past always moves forward while looking back.. After reading the November 26, 2007 Issue of Forbe's Magazine titled "Chrysler's Last Stand" I recalled there was a time when America built the best cars. The...
The electric car has to happen butwide spread acceptance of themwill not happen at once. As they get cheaper and achieve better performance they will become big sellers."The competition over electrics is picking...
Toronto - For the first time in history, less than half the vehicles sold in Canada in 2008 were produced by the Detroit Three automakers. " Foreign automakers sold 51.2 per cent of vehicles in Canada last year, the first time that the market share of the Detroit Three...
The book entitled The Proposed Canadian Automobile Transport and Arctic Climatic Protection Act: Toward an environmentally-sensitized and truly made-in-Canada car inspired by the Avro Arrow, was written with the recognition that Climate Change associated with Global...
opinion by agora | 4 years ago 101 views | 0 recommendations | 0 comments
Ford decided that they don't need a loan at this time.GM and Chrysler will take the money. This will not solve theirproblems but it will give them three monthsto begin making needed changes. "President Bush...
Chrysler will be closing all of its plants on Friday due to its ongoing financial woes. The Automaker's announcement states that the closure will last for at least a month, with the factories that make certain...
created by Jordan Yerman | 4 years ago | updated 4 years ago 282 views | 29 recommendations | 2 comments
Us auto makers need to change the whole industry. If they don't make major changessoon the entire industry will be closed andall cars will be imported. A bailout will not work f they...
Mitt Romney Makes a good argument why American Taxpayers should not Bail out the Auto industry. Bankruptcy would make the Auto industry restructure through the Court System allowing them to negotiate it's...
opinion by Albert Milliron | 4 years ago | updated 4 years ago 655 views | 5 recommendations | 5 comments
Even after getting nod from house of representative, The $14 billion bailout plan for the US auto industry has been rejected in the Senate Thursday night giving a big jolt to hopes of the struggling big...
created by Sanjay Jha | 4 years ago | updated 4 years ago 214 views | 15 recommendations | 3 comments
US politicians met Tuesday night to work out the details of a proposed $15 billion bailout of the big three automakers.Congressional Democrats have proposed giving enough cash to General Motors and Chrysler to get...
created by Jon Azpiri | 4 years ago | updated 4 years ago 135 views | 2 recommendations | 0 comments
Senate Majority Leader, Harry Reid says there will be a vote on the Auto Bailout dispite Congressional Republican Opposition. The vote will be today or Wendsday."Congress and the White House are working...
created by Albert Milliron | 4 years ago | updated 4 years ago 231 views | 10 recommendations | 1 comment
Current United States President George W. Bush had weighed in on the fate of the "Big Three" that encompasses General Motors, Ford, and Chrysler. Bush said that the Big Three may not survive to see next...
created by Can Tran | 4 years ago | updated 4 years ago 141 views | 0 recommendations | 0 comments
I offer the following straight off the Ford PR presses."DEARBORN, Mich., Dec. 8 – As we told Congress, Ford is in a different position. We do not face a near-term liquidity issue, and we will not be seeking a short term bridge loan. But Ford fully supports an effort to...
created by dunkelberg | 4 years ago 193 views | 5 recommendations | 1 comment
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...
created by Terri Potratz | 4 years ago | updated 4 years ago 100 views | 0 recommendations | 0 comments