The NEW GM !

     Allll riiiigght!  America's heavyweight automaker has reentered the fray, "leaner and meaner", we hope!  At least, that's what's been reported by the Associated Press.  So,...

UAW Workers Enjoy Overeating at ‘Bailout Cafe’

Appearing as the opening paragraph of a piece published today in the AFL-CIO NOW BLOG, the following words form the almost-too-perfect complement to this cartoon: " Change was in the air—and on the way—in...

the Auto Industry Moving South, Study UAW Wrong

" A few years ago the Center for Automotive Research published a very useful study titled "The Auto Industry Moving South: An Examination of Trends" [PDF]. The study's authors looked at a variety of factors influencing this trend, including the role of incentive packages that...

Let the Auto Industry Go Bankrupt

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...

Weekly Radio Spin: Fly Coach? Surely You Jest

This week, we look at CEO gas hogs, unlikely terrorists and how Mormons spend their money. In "Six Degrees of Spin and Fakin'," we look at General Motors.

Strike Ends: GM, Union Agree on Contract

A two-day nationwide strike by General Motors employees is now over, and the workers are getting a new healthcare deal. It's a compromise for both sides, though, as GM workers are foregoing pay raises and agreeing...

Chrysler’s Employees Threaten Strike Again - But can they afford it?

What’s the strike about? The United Auto Workers (UAW) union that represents about 45,000 employees at Chrysler has once again threatened to strike, this time they mean business. The strike is set to occur at 11:00am EST today if the UAW and Chrysler do not come to an...

GM-UAW reach tentative deal; strike ends

 Update: this no doubt is good news for the finacially-troiubled automaker GM. Also good news for workers, who, had a strike seriously impacted production, could have faced a significant loss of jobs. "The UAW and General Motors (GM) reached a tentative agreement this...

Inveslogic.com Daily Blog Report: GM workers walk, NanoSolar scores federal f...

This is a selection of today’s most popular blog articles from Inveslogic.com where you will find the highest-rated stock market and investment blogs, videos and podcasts on the web. UAW strike affects GM nation-wide Investment blog Schaeffers Research is...

Riding the recovery gear sans Daimler

Known for its styling and a number of engineering firsts, Chrysler always works on shoe string budgets ….. suffered losses on a single miscalculation or error.  The automobile’s most competitive market...

Developing: UAW picket at Royal Oak Ford

[Royal Oak, MI // 05.10.07 @ 12:30pm EDT - Updated: 05.14.07 @ 11:10 EDT]After spending a Saturday afternoon talking to customers and the picketers, the story continues to get more interesting in Royal...

New UAW pattern: givebacks

"The upcoming contract talks between the United Auto Workers and Detroit's automakers could force the union to accept more job cuts, lower wages for new workers and more responsibility for retiree costs, a top auto industry economist said Tuesday. It's even possible that Ford...

Zero Sum Gain

"Ok here is an interesting fact. Ford is reporting a $1.2 billion dollar loss this year, larger than even GM, after making $1.2 billion last year in sales. So thats a zero sum gain, no loss no gain. "

Is Delphi the Oracle of things to come?

"Delphi not only halts production, breaks its union contract and lays-off workers, but it also bails on its underfunded pension liabilities. Awash in money GM seperated out Delphi for exactly those liablities. Now they come back to bite both companies in the ass. "

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