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Tag Archives: general motors
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
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GM to Invest $2 Billion in U.S. Plants, Depending on Tax Breaks
Critics, of course, say the cost per job – when you total all the loans and tax breaks – is exorbitant, especially since what is mostly going on these days is the retention of existing jobs long after jobs move South to non-union transplants. Continue reading
Ex General Motors Chairman Bob Stempel Dead at 77
Stempel was an engineer by training with an analytical, easy going disposition who was accessible to the media. On many occasions I listened as he patiently explained complex manufacturing and development processes that he was instituting first as president of GM during the late 1980s, then as chairman. All to little apparent good effect, and far too slow in producing results for the Board of Directors. Continue reading
Posted in auto news, news analysis, people
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, chevrolet volt, ev1, general motors, gm bankruptcy, impact, Ken Zino, lloyd reuss, robert stempel
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Chevrolet Sells 1.1 Million Vehicles in Record 2011 Q1
The latest Chevrolet expansion bodes ill for the future of Opel/Vauxhall. These old world brands, steeped in history and baggage, will increasingly be relegated to regional European labels – until they can be rationalized – someday – under the Chevrolet Bow Tie. Continue reading
Posted in auto news, news analysis, results, sales
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, chevrolet global market share, chevrolet global sales 2010, chevrolet results, Chevrolet sales, general motors, Ken Zino, q1 2011, q1 results, sales results, zino
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GM India Hires Scabs to Break Chevrolet Cruze Plant Strike
The General Motors India strike by the Gujurat Kamdar Mandal union is reminiscent of UAW sit down strikes during 1936-37 in Michigan, which led to recognition of the Union and the right to collective bargaining by the world’s largest automaker. Thus far Solidarity House, the UAW’s international headquarters in Detroit has remained silent on the GKM strike, and refused multiple requests for comment. General Motors in the U.S. simply says it is working with local groups in India. Continue reading
Posted in auto news, labor issues, manufacturing, safety
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, chevrolet aveo, chevrolet cruze, general motors, gkm union, GM, gm halol strike, gm india stike, gujurat kamdar mandal union, Ken Zino, labor issues, union strike india workers rights
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General Motors Announces EcoCar2 at SAE World Congress
In a sign of how the U.S. no longer occupies the predominate position it once held in automotive engineering, LG Chem ,a Korean company that supplies the lithium-ion cells used in the Chevrolet Volt, will be event’s tier one strategic partner. Continue reading
Posted in alternative fuels, auto news, electric vehicles, engineering, environment, news analysis, people, shows and events, transportation
Tagged argonne, auto informed, auto news, autoinformed, autoinformed.com, automotive news, doe, ecocar2, general motors, karl-friedrich stracke, Ken Zino, sae, sae world congress, zino
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General Motors India Strike Continues at Cruze and Aveo Plant
More than 1,000 workers at the General Motors Halol plant in Gujurat State, India have been on strike for the last three weeks in an increasingly bitter struggle that has seen the workers forcibly ejected from the plant after the government declared the strike illegal. It was reminiscent of UAW sit down strikes during 1936-37 in Michigan. Continue reading
Posted in auto news, labor issues
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, chevrolet aveo, chevrolet cruze, general motors, GM, gm halol strike, gm india, gujurat kamdar mandal union, Ken Zino, labor issues, union strike india workers rights, zino
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GM Sells its Stake in Delphi Automotive for $3.8 Billion
General Motors Company (NYSE: GM) late today announced the sale of its Class A Membership Interest in Delphi Automotive LLP (Delphi) back to Delphi for $3.8 billion. Continue reading
Posted in auto news, financial results, results
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, dan ammann, delphi, general motors, GM, gm q1 results, Ken Zino, zino
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Steelworkers follow UAW and Ratify Contract with Dana
The contract has implications for the United Autoworkers Union as it enters negotiations this summer with automakers since the Dana contract reduces but does not eliminate the gap in the existing two-tier wage structure with Goodyear.
The UAW is fiercely divided over the two-tier issue, which allows new hires at $12 an hour, while veterans get $28. UAW president Bob King insists that reduced wages for new workers are necessary, while opposition groups within the union are calling for its end.
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Posted in auto news, economy, manufacturing, news analysis
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, chrysler, dana, Fiat, Ford, general motors, Ken Zino, labor unions, uaw, united auto workers, united steel workers, usw, zino
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General Motors Sells All of Its Ally Preferred for $1 Billion
General Motors Company (NYSE: GM) has sold of its preferred shares of Ally Financial Inc. for a total of $1.0 billion. Ally, formerly known as GMAC, is GM’s and Chryslers largest provider of automotive financing. Continue reading
General Motors Joins Toyota in Helping Child Injury Group
General Motors has joined the advisory board of the Center for Child Injury Prevention Studies (CChIPS) at the Children’s Hospital of Philadelphia Research Institute. GM researchers will help CChIPS faculty in a study aimed at improving safety belt performance and decreasing the child injury rate during vehicle crashes. Continue reading
Posted in auto news, safety
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, cchips, center for child injury prevention studies, children’s hospital of philadelphia research institute, csrc, general motors, GM, Ken Zino, toyota, toyota collaborative safety research center, traffic fatalities, zino
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Toyota Number One in 2010 Sales, Beating General Motors
In the closely fought global car wars, Toyota Motor Corporation just barely maintained its Number One position in 2010, beating a resurgent General Motors Company, according to sales numbers released today.
Toyota’s worldwide sales in calendar year 2010 tallied 8,418,000, an increase of 8% compared to 2009. General Motors reported that it delivered 8,389,769 vehicles globally, a 12.2% increase from 2009 deliveries of 7,477,178. The third place automaker, Volkswagen group had reported earlier 2010 sales of 7.14 million, a 13.5% improvement from 2009. Continue reading
Posted in auto news, economy, results, sales
Tagged 2010 sales results, auto informed, auto news, autoinformed.com, automotive news, general motors, global auto sales, Ken Zino, results, toyota, volkswagen, zino
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GM to Add Back 750 Jobs at Flint Assembly for Pickup Trucks
General Motors today announced plans to start a third shift at Flint Assembly, adding back 750 jobs in the plant that makes Chevrolet Silverado and GMC Sierra heavy-duty pickups.
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U.S. Navy Accepts GM Equinox Hydrogen Fuel Cell Vehicle
The U.S. Navy is among the first customers to take delivery of a Chevrolet Equinox hydrogen fuel cell vehicle as part of the Hawaii Hydrogen Initiative, GM said today. The Hawaii Hydrogen Initiative, subsidized by federal taxpayers, will try to promote hydrogen … Continue reading
Hawaii Hydrogen Initiative Moves Forward
Ten companies, agencies and universities have joined The Gas Company (TGC), and General Motors to make hydrogen-powered vehicles and a fueling infrastructure a reality in Hawaii by 2015. Taxpayers are subsidizing the program. Continue reading
