-
Recent Posts
- Bye Sauber – Hi Audi Revolut F1 Team
- Pre-Owned Vehicle Marketing – Stellantis, Cox Automotive
- Chinese Junk Watch Death Risk – Luyuan Youth ATVs
- ICE Vehicle Mobile Apps – Wide Satisfaction Differences
- Sports Betting Tax Revenues Soaring
- IndyCar Cheating – New Independent Officiating for 2026 Series
- Ford Expands Mustang Cup USA Series in 2026
- GM Canada Leadership Change – Jack Uppal new President
- Toyota Enhances Arizona Proving Ground
- Happy Nightmare! Holiday Travel to Set New Record
- First Look – $34,995 Subaru Uncharted EV
- Stellantis and Bolt Partner on Driverless Mobility
- Detroit Auto Show – Official U.S. Route 66 Centennial Project
- Genesis Recall for Sudden Unintended Braking
- Road Hazard – Ford Escape Liftgate Hinge Cover Recall
Recent Comments
- Magna on its Share Repurchase Plan in reference to on Magna Posts Solid Q3 2025 Earnings Gain
- Daniel Ricciardo Global Ford Racing Ambassador on Ford Performance Rebranded as Ford Racing
- Gen 3 2026 Nissan Leaf Less than $30,000? | AutoInformed on Milestones – Nissan Begins Assembly of 2013 LEAF EV in Tennessee
- ACSI – Customer Satisfaction with Autos Dropping | AutoInformed on New DOGE Scorecard Announced to Track Trump
- Cadillac Off-Roader – Elevated Velocity | AutoInformed on Annals of Marketing – Cadillac Opulent Velocity Concept EV
Archives
Meta
Tag Archives: auto bailouts
GM UAW Contract Offers Profit Sharing, Some New Jobs
A new four-year labor contract that will be voted on by GM’s UAW workers this week and next includes modest increases in wages for new hires over four years – but not veterans – and the protection or creation of more than 6,000 plant jobs in the U.S. at GM and its component suppliers. Long time employees will be compensated going forward largely with profit-sharing based on GM’s results in North America. Continue reading
Posted in auto news, economy, labor issues, manufacturing, transportation
Tagged auto bailouts, auto informed, auto news, autoinformed, autoinformed.com, automotive news, gm uaw contract, Ken Zino, organized labor, uaw, uaw gm, zino
1 Comment
Chrysler Pays Back Taxpayers. Fiat Now Firmly in Control
The historic bailout differs this time around in what’s left and more importantly who owns it – along with the familiar, nagging question, can Chrysler make it? The new Chrysler Group is now firmly, irrevocably in the hands of Fiat, an Italian multinational firm, which has a global fight in front if it as it too competes to survive in an automobile business dominated by much stronger competitors. Continue reading
Posted in auto news, economy, news analysis, results, transportation
Tagged auto bailouts, auto bankruptcies, auto informed, auto news, autoinformed, autoinformed.com, automotive news, car czar, chrysler, Chrysler bankruptcy, geithner, general motors, iacocca, Ken Zino, marchionne, obama, overhaul, steven rattner
Leave a comment
CAR on U.S. Economy Impact of GM’s Plant Investments
In an analysis of General Motors’ newly announced plant investments, the Center for Automotive Research (CAR) today said that more than 28,000 jobs will be retained or created, and will contribute almost $2.9 billion to the U.S. Gross Domestic Product. Continue reading
Posted in auto news, economy, labor issues, manufacturing, news analysis, results
Tagged auto bailouts, auto informed, auto news, autoinformed, autoinformed.com, automotive news, car, center for automotive research, chrysler, GM, gm bankruptcy, gm employment, Ken Zino, manufacturing jobs, unemployment
Leave a comment
Treasury Secretary Defends $80 Billion Auto Bailout, Says 90,000 Jobs Added in Strongest Growth Period in Decade
“For the first time since 2004, all three American automakers have an operating profit. And since GM and Chrysler emerged from bankruptcy in June 2009, the industry has added nearly 90,000 jobs—the strongest period of job growth in more than 10 years,” Geithner said. Continue reading
Chrysler to Repay Loans with New Debt. Fiat to Up Stake to 46%. Credit Ratings under Review for Possible Downgrade?
Chrysler Group will repay the loans provided from the U.S. Department of the Treasury and the Canadian federal and Ontario governments by June. Continue reading
Fiat Increases Ownership of Chrysler Group to 30%
This newly enlarged Fiat position in the Michigan based automaker is the result of Chrysler’s achievement of the second of three performance-related goals dictated by the U.S. Treasury Department when it financed a Chrysler bankruptcy and reorganization in 2009. Continue reading
Ally, formerly Bankrupt GMAC, Files With SEC for IPO
Ally’s is one of the leading suppliers in the U.S. of wholesale dealer loans, and is the leading retail provider of vehicle finance. Ally’s taxpayer-financed bailout remains a vital aspect to the thus far successful reorganizations of General Motors and Chrysler. U.S. (and Canadian taxpayers) have large interests in those recovering automakers, as well. Continue reading
Posted in auto news, economy, results
Tagged ally, ally ipo, auto bailouts, auto informed, auto news, autoinformed, autoinformed.com, automotive news, GM, gmac, Ken Zino, u.s. treasury, zino
Leave a comment
Ex Car Czar Rattner Settles Bribery Charges for $10 Million
Steven Rattner, the Obama Administrations’ former “car czar,” has settled bribery charges in New York by paying a $10 million fine and agreeing to banishment from appearing before any public pension fund within the State of New York for five years. … Continue reading
