united auto workers

Labor Day Unions Election


September 3rd, 2012 - 7:09 pm ICT by Aishwarya Bhatt
Ohio, Sept 3 (THAINDIAN NEWS) President Obama is going to spend part of his labor day campaigning in the United Auto Workers Rally in the city of Toledo where organized labor is ... Read more...

Posted in Politics |

GM Opens Second Innings At Wall Street, Workers Rejoice!


November 19th, 2010 - 8:04 pm ICT by GD
By Ranjan Bhaduri Nov 19, (THAINDIAN NEWS) GM the stalwart car maker of USA which was taken over by the US government after it applied for bankruptcy returned to Wall Street to begin ... Read more...

Posted in Business |

Ford plans job cuts, offers golden handshake


December 22nd, 2009 - 2:30 pm ICT by IANS
New York, Dec 22 (DPA) US carmaker Ford Motor plans further cuts in its factory workforce, a company spokeswoman said. The company is to offer incentive packages to 41,000 of its workers, offering ... Read more...

Posted in Business |

Ford posts one-billion-dollar profit


November 3rd, 2009 - 6:21 am ICT by IANS
New York, Nov 3 (DPA) US automaker Ford Motor Monday announced a net income of nearly a billion dollars in the third quarter, surprising many analysts as weak economic conditions continue worldwide. The ... Read more...

Posted in Business |

Ford recalls 4.5 mn vehicles citing fire hazard: Report


October 14th, 2009 - 8:49 am ICT by IANS
Washington, Oct 14 (DPA) Ford Motor Company Tuesday launched the largest single recall in its history, alerting owners to a fire hazard, the Wall Street Journal reported online. The recall involves the cruise-control ... Read more...

Posted in Business |

GM executives, board, split over Opel fate: Report


August 22nd, 2009 - 7:32 am ICT by IANS
Washington/Berlin, Aug 22 (DPA) General Motors' newly-appointed board has failed to support a plan backed by its executives that would sell the US auto giant's European subsidiary, Opel, to Canadian auto supplier ... Read more...

Posted in Business |

21,000 GM jobs go and factories closed as auto icon crashes and burns


June 1st, 2009 - 11:00 pm ICT by John Le Fevre
American automobile maker General Motors became the largest US corporation to file for bankruptcy when it filed papers with a federal clerk in Lower Manhattan today.The Chapter 11 bankruptcy filing, part ... Read more...

Posted in Business |

Labour union ratifies deal with General Motors


May 30th, 2009 - 5:26 am ICT by IANS
Washington, May 30 (DPA) Members of the US carmaker General Motors top labour union ratified a new agreement Friday that could make it easier for the company to survive the court process ... Read more...

Posted in Business |

GM in last-ditch talks to avoid bankruptcy as deadline looms (Lead)


May 23rd, 2009 - 4:54 pm ICT by IANS
Chicago, May 23 (Xinhua) General Motors (GM) has reached a tentative labour agreement with the United Auto Workers (UAW) union in a bid to remove one of the major obstacles in its ... Read more...

Posted in Business |

GM borrows $4 billion more from US government


May 23rd, 2009 - 11:41 am ICT by IANS
New York, May 23 (DPA) Ailing automotive giant General Motors Corp on Friday borrowed another $4 billion from the US Treasury Department, boosting its total government aid to $19.4 billion. GM had earlier ... Read more...

Posted in World |

Wall Street drops on economic recovery concern


May 22nd, 2009 - 5:15 am ICT by IANS
New York, May 22 (Xinhua) The Wall Street closed lower Thursday as investors worried that the economy might not recover as quickly as expected. Investors grew nervous after the credit ratings agency ... Read more...

Posted in Business |

President Obama Announces National Fuel Efficiency Policy


May 19th, 2009 - 11:38 pm ICT by admin
Washington, D.C. (BNO NEWS) – President Obama today – for the first time in history – set in motion a new national policy aimed at both increasing fuel economy and reducing ... Read more...

Posted in World News |

Obama to tighten fuel-efficiency rules for cars, trucks


May 19th, 2009 - 7:08 am ICT by IANS
Washington, May 19 (DPA) US President Barack Obama is expected to tighten fuel efficiency rules for vehicles Tuesday and order carmakers to increase fuel economy to 35 miles per gallon (14.7 ... Read more...

Posted in Business |

GM announces new cost cuts, axes Pontiac for survival


April 27th, 2009 - 11:01 pm ICT by IANS
Washington, April 27 (DPA) General Motors Corp. announced another round of drastic cost-cutting measures Monday in its latest bid for survival, including abandoning its Pontiac brand and offering bondholders, employees and ... Read more...

Posted in Business |

GM, Chrysler ask for $21.6 bn more, plan to cut 50,000 jobs


February 18th, 2009 - 10:50 am ICT by IANS
Washington, Feb 18 (IANS) US auto giants General Motors and Chrysler LLC have told the government they could need an additional $21.6 billion in federal loans between them because of worsening demands ... Read more...

Posted in Uncategorized |

Bush asked to step in to save US auto giants


December 13th, 2008 - 11:06 am ICT by ANI
Washington, Dec.13 (ANI): With the US Senate stalemated over offering a credible bailout package for the American auto industry, angry Republicans have urged President Bush to respect the legislative process and ... Read more...

Posted in World |

Wall Street tumbles after auto bailout bill fails in Senate


December 12th, 2008 - 11:21 pm ICT by IANS
New York, Dec 12 (Xinhua) Wall Street tumbled Friday morning after the auto bailout bill died in the US Senate, with the Dow and Standard & Poor's 500 dropping over two percent ... Read more...

Posted in Business |

Uncertain future for US car industry as bailout collapses (Lead)


December 12th, 2008 - 8:14 pm ICT by IANS
Washington, Dec 12 (DPA) A last-ditch effort to pass an emergency loan that would resuscitate the ailing US car industry fell apart late Thursday after negotiations collapsed in the Senate, causing a ... Read more...

Posted in Uncategorized |

Talks to save US auto industry collapse


December 12th, 2008 - 6:10 pm ICT by ANI
Washington, Dec.12 (ANI): Efforts to salvage a proposed 14 billion dollar rescue plan for the American auto industry collapsed on Thursday as both Republicans and Democrats failed to agree on the ... Read more...

Posted in World |

US car industry bail-out plan collapses in Senate


December 12th, 2008 - 12:21 pm ICT by IANS
Washington, Dec 12 (DPA) Negotiations in the US Senate on a $14 billion emergency loan for the ailing car industry have collapsed, leaving the fate of General Motors Corp and Chrysler LLC ... Read more...

Posted in Business |

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