Last Updated Stories in auto

The Government Bails Out the Rich in Russia, Auto Industry

Following up last month's story Ex-Richest Man in Russia, Must Pay Employees Over $1 Million ...The untold story.  When Oleg Deripaska refused to pay wages in his automobile factory in Pikalevo, employees...

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,...

Truex Jr. will move to Michael Waltrip Racing for 2010 season

Truex Jr. will move to Michael Waltrip Racing for 2010 season Scanner Frequencies for Martin Truex Jr.via Nascanner 1 Martin Truex Jr. 466.6875 464.9250 457.6000 "...

USA: Minnesota Auto Mogul Hecker HQ Raided for Possible Fraud

" June 2009 | by Eric Kelsey The Minnesota State Patrol raided Denny Hecker Automotive Group headquarters in St. Louis Park, along...

US Law for Tough Times - Buyer in the Ordinary Course of Business

" 336.9-320 BUYER OF GOODS. (a) Buyer in ordinary course of business. Except as otherwise provided in subsection (e), a buyer in ordinary course of business, other than a person buying farm products from a person...

Obama Presents Saudi King With 2009 Chevy Malibu

While not exactly breaking news, I ran into this story (word for word and un credited) as news in a local publication, and went looking for further information and substantiation on the internet. "In his first...

Ford teams with Magna to develop All-Electric Car

" DETROIT — Magna International Inc. is making a big leap into the electric vehicle age with a strategic alliance with Ford Motor Co. to supply key engine components for a new battery-powered vehicle. The...

Toyota's First Solar powered Car.

By, Uwe Paschen.  Toyotas First Solar Powered car  Toyota is in spite of a Global Recession and maybe soon to be Depression, as well as its first annual loss in 70 year still investing into environmental...

Unions Renegotiated Their Contracts, but AIG Executives Won't

Rep. Gary Peters (D-Michigan) attacked AIG for not renegotiating their “iron clad” contracts the same way the auto workers union (UAW) was forced to do during the recent car-maker bailouts. “In my...

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...

850 jobs go at Mini car factory

BMW has confirmed that 850 jobs are to go at the Cowley plant in Oxford, which makes the Mini, and that weekend working has been scrapped. All agency workers who did the weekend shift at the factory have lost their jobs, with immediate effect. The site is closing for a week...

Toyota Cutting Executive Salaries and Offering Buyouts

    Toyota Motor Corp. has decided to further cut North American production, cut executive compensation by 30% and offer buyouts to 18,000 workers. This is in light of the slumping economy that has hit...

Nissan to slash 20,000 jobs

Japanese auto maker Nissan has also become victims of economic slum and due to low sales decided to cut 20,000 jobs worldwide which is 8.5% of its workforce over the next one year. The Nissan also announced an...

Rotating layoffs announced at GM, Chrysler auto plants in Windsor

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...

Obama begins reversing Bush Climate policies

President Obama stated recently that, 'Rigid Ideology Has Overruled Sound Science' began taking action against, according to staffers,  'Science Blind' George W. Bush.  But according to a new poll,...

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