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Category Archives: people
Trump Record Deficit Watch – Another Proposed Increase
More than a year ago, President Trump pledged to eliminate the national debt “over a period of eight years.” But for the first time in history, the national debt surpassed $21 trillion, while Trump is facing 17 criminal investigations, another presidential record. Continue reading
860 Americans Forecast Dead During Holiday Driving
With preventable deaths at an all-time high, the Council has called for states to take actions to reduce their residents’ risks – particularly when it comes to safety on the roads. The NSC State of Safety report encourages states to implement proven countermeasures to help reduce risk, including instituting sobriety checkpoints, requiring ignition interlocks for first-time and repeat DUI offenders, banning open containers, or automatically revoking licenses for more than 90 days for drivers with blood-alcohol levels above .08 or those who refuse to test. Continue reading
Make Sure Laser-Light Displays Aren’t Aimed at the Sky
Make sure all laser lights are directed at your house and not into the sky. The extremely concentrated beams of laser lights reach much farther than some realize. Continue reading
GM to Provide Financial Support to Fired Union Workers
GM’s November announcement impacts 2,600 hourly workers and approximately 340 salaried or contract workers at the Oshawa Assembly Plant once a crown jewel in the GM collection for its productivity, flexibility and quality. GM Canada will continue to discuss its announcements regarding Oshawa Assembly with Unifor, the union it has a no close contract with in force until the end of 2019. Continue reading
Renault Board Investigation Backs Ghosn. Governance Measures Stay in Place. Compensation Controversy Ongoing
Their preliminary conclusion is that the compensation of Carlos Ghosn, Chairman and Chief Executive Officer of Renault and the conditions under which such compensation was approved followed applicable law as well as the recommendations of the *AFEP-MEDEF. The Board of Directors decided to maintain the current governance measures established on November 20, 2018. Continue reading
Posted in auto news, litigation, people
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, carlos ghosn, connected vehicles, corporate governance in France, ghosn, Groupe Renault, Kelly and Nissan Motor, Ken Zino, new vehicle reviews, Renault Nissan Mitsubishi Alliance, the Japan Financial Instruments and Exchange Act
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Ghosn, Kelly and Nissan Motor Corp. Indicted for Violating The Japan Financial Instruments and Exchange Act
Thus – as predicted – this case, besides from revealing the rift between Nissan and its European partner Renault that saved it from bankruptcy, has cast a cold beam of light on Japanese corporate governance – or is that non-governance? – practices. Continue reading
TV Remains News Source for Almost Half of Americans
Overall, 47% of Americans prefer watching the news rather than reading or listening to it. That is unchanged from 46% in 2016 and outpaces the 34% who prefer to read the news and 19% who prefer to listen to it – both of which also remain on par with 2016 figures. Continue reading
Posted in auto news, customer satisfaction, news analysis, people
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Restructuring Storm Building as Ford Announces Senior Retirements in Treasury, Product Development, Manufacturing
A couple of the exits are noteworthy for signaling that major disruptive actions are about to occur. For example – was Kent responsible for the addled brained idea that Ford would cut its dividend that Ford Family members depend on? Nevertheless, the pressure remains for Ford to cut costs and start once again, yet again on a restructuring plan. to increase shareholder value. Continue reading
Chevrolet to Power Fernando Alonso’s 2019 Indy 500 McLaren
Chevrolet and McLaren have a racing history dating back to the mid-1960s. In 1966, Chevrolet and McLaren partnered in the Can-Am Series – one that makes the current Indy spec cars and their limited aero packages laughable given what was then an all-out racing series. Their teams won more than 70% of the races during the next seven years, including 23 in a row from 1968-1970. Continue reading
IndustriALL – Shell Workers in Nigeria are Just Working to Die
Contract workers outnumber permanent workers 2:1 at Shell and do the most dangerous jobs. Workers also said that if they asked for better wages or wanted to join a union, they would be threatened with dismissal. Continue reading
GM Canada to Train, Help Find Jobs for Fired Workers
GM Canada will also join with Durham Region educators and governments to train and transition Oshawa Assembly employees to new careers in Durham Region. “These efforts will help address the significant open requirements for talented workers from other regional employers,” GM said. Continue reading
Unifor Blasts GM Canada Closings
AutoInformed notes that since its announcement this week, GM now says that the “unallocated” plants in the U.S. will not be closed but rather “idled,” subject to negotiations with the UAW next fall. Unifor says that is a first step in Canada as well. Continue reading
Carma Project, Toyota Try to Up Takata Recall Awareness
Carma Project claims – not without self-interest – that “will further help address the recall of deadly Takata airbags, which is labeled ‘the largest and most complex safety recall in U.S. history’ by the National Highway Traffic Safety Administration (NHTSA). About 87% of all Toyota vehicles sold during the past 15 years are still on the road today. Continue reading →