Ford Canada begins preliminary contract talks with Canadian Auto WorkersSeptember 8th, 2009 Ford Canada begins talks with unionTORONTO — Ford Motor Co.'s Canadian division and the Canadian Auto Workers union began labor talks on Tuesday after the union made substantial concessions to both General Motors and Chrysler earlier this year. Ford asked the CAW to reopen its current labor contract, which doesn't expire until 2011.
GM and Chrysler may become bankruptcy lenders to auto parts supplier VisteonJuly 16th, 2009 GM, Chrysler among possible lenders to VisteonDOVER, Del. — Fresh from bankruptcy reorganization themselves, General Motors and Chrysler Group LLC now may become bankruptcy lenders to auto parts supplier Visteon Corp.
Canadian Auto Workers says Chrysler Canada scrapping plans to end a 3rd shift at Windsor plantJuly 10th, 2009 CAW says Chrysler Canada will save 1,200 jobsWINDSOR, Ontario — Chrysler Canada has canceled plans to end the third shift at its minivan plant in Windsor, Ontario, a decision that will save more than 1,200 jobs, the head of the Canadian Auto Workers union said Friday. After months of bad news for the Canadian auto industry, Ken Lewenza said the announcement was a good news story for the hard-hit industrial border city in southwestern Ontario.
Former Chrysler dealer to take fight for franchises to US District CourtJune 22nd, 2009 Chrysler dealer appeals franchise terminationsNEW YORK — A pair of former Chrysler LLC dealerships are appealing a bankruptcy judge's order terminating their franchises and those of more than 700 others. Tarbox Motors and Tarbox Chrysler Jeep filed a notice of appeal on Friday, saying that they were appealing the decision to U.S.
Ford Canada CEO wants to negotiate new labor deal with Canadian Auto Workers unionJune 5th, 2009 Ford Canada wants new deal with CAWTORONTO — Ford Canada wants to negotiate a new labor deal with the Canadian Auto Workers to become more competitive with its auto counterparts now that Chrysler Canada Inc. and General Motors Canada have inked new cost-cutting labor agreements with the union.
General Motors says US sales fell 30 pct. in May from year ago, but better than in AprilJune 2nd, 2009 GM's May sales down 30 pct. but improvingDETROIT — A day after filing for bankruptcy protection, automaker General Motors Corp.
GM workers 'go with the flow' on the day of the company's historic bankruptcy filingJune 1st, 2009 GM workers 'go with the flow' on bankruptcy dayORION TOWNSHIP, Mich. — General Motors Corp.
Chrysler files motion in bankruptcy court to eliminate 789 of its 3,200 dealershipsMay 14th, 2009 Chrysler moves to eliminate 789 of 3,200 dealersNEW YORK — Chrysler LLC has told a bankruptcy court it plans to eliminate 789 of its dealers — or about 25 percent of them — across the country as part of its restructuring process. The automaker has about 3,200 dealers but says that's too many.
$3.8 bn Canadian loan for auto giant ChryslerMay 1st, 2009 TORONTO - Canada will loan $3.8 billion to Chrysler in return for a two percent stake and a say in management as the troubled auto giant undertakes restructuring to survive. The governments of Canada and Ontario province - where most auto plants exist - will jointly pick up the tab, Prime Minister Stephen Harper announced here Thursday.
Talks fail, Chrysler bankruptcy imminent: ReportApril 30th, 2009 WASHINGTON - Talks aimed at saving the ailing US carmaker Chrysler LLC from bankruptcy failed late Wednesday, making the company filing for court protection 'all but certain', the Wall Street Journal said in its online edition. The US government now expects to get the company through its bankruptcy-filing process quickly to pave the way for a takeover by Italian carmaker Fiat SPA, the paper wrote, quoting administration sources.
Talks fail, Chrysler bankruptcy imminent: ReportApril 30th, 2009 WASHINGTON - Talks aimed at saving the ailing US carmaker Chrysler LLC from bankruptcy failed late Wednesday, making the company filing for court protection 'all but certain', the Wall Street Journal said in its online edition. The US government now expects to get the company through its bankruptcy-filing process quickly to pave the way for a takeover by Italian carmaker Fiat SPA, the paper wrote, quoting administration sources.
Chrysler CEO Nardelli says he'll leave company after it emerges from bankruptcy protectionApril 30th, 2009 Chrysler's CEO says he'll leave after bankruptcyDETROIT — Chrysler CEO Robert Nardelli will leave his post after the company emerges from bankruptcy protection, ending nearly two years of leadership that has seen sales and earnings slump as U.S. auto sales crumbled.
Ford Motors reports $1.4 bn lossApril 24th, 2009 WASHINGTON - Ford Motor Company, trying to avoid the fate of Chrysler and GM, Friday posted a $1.4-billion first quarter loss that was, however, better than analysts had expected. Revenues dropped 43 percent compared to the same period last year, to $24.8 billion, the company said.
Ford VP expects UAW would give Ford same deal as GM, Chrysler if concessions deepenApril 23rd, 2009 Ford VP expects same concessions as GM, ChryslerEAST LANSING, Mich. — A Ford Motor Co.
Canada unveils $4 bn interim loan to GM, ChryslerMarch 31st, 2009 TORONTO - Canada Monday announced $4 billion in interim loans to General Motors (GM) and Chrysler as the struggling auto giants undertake government-supervised restructuring plans. Unlike the Obama administration in the US, the Canadian government has, however, stopped short of asking for top-level executive changes.