Tag: auto industry
UAW Head Uses Ford CEO’s $50 Million Payday to Rally Union for Talks
by David Schepp on Mar.22, 2011, under Towing
When Ford awarded CEO Alan Mulally more than $50 million in compensation for 2010′s record profit it raised eyebrows around Detroit. Now, the UAW is using that big payday as a rallying point for members as it starts negotiations to regain some of what autoworkers gave up in concessions during the downturn.
Continue reading UAW Head Uses Ford CEO’s $50 Million Payday to Rally Union for Talks
UAW Head Uses Ford CEO’s $50 Million Payday to Rally Union for Talks originally appeared on DailyFinance on Tue, 22 Mar 2011 16:50:00.
Filed Under: Company News, Economy, Ford Motor Co, Toyota, General Motors, Autos, Chrysler
Most Toyota Plants in Japan Remain Idle
by David Schepp on Mar.21, 2011, under Towing
Toyota Motor (TM) reportedly won’t resume vehicle production at any of its plants in Japan on Tuesday, as the automaker had planned. The continued stoppage leaves in question just how soon the world’s largest automaker will be able to resume operations in its home market, following the March 11 earthquake and tsunami.
As Japan continues to struggle with rescue and cleanup efforts, Toyota’s car…
Continue reading Most Toyota Plants in Japan Remain Idle
Most Toyota Plants in Japan Remain Idle originally appeared on DailyFinance on Mon, 21 Mar 2011 12:00:00.
Filed Under: Company News, Technology, Honda Motor Co, Sony, Toyota, General Motors, Autos
UAW Seeks to Regain Concessions as Contract Talks Loom
by David Schepp on Mar.17, 2011, under Towing
UAW delegates will gather next week in Detroit, as the union works out a strategy to negotiate with domestic automakers for a new four-year contract. The current pact expires in September, and with auto sales rebounding the UAW is eager to win back some concessions.
Continue reading UAW Seeks to Regain Concessions as Contract Talks Loom
UAW Seeks to Regain Concessions as Contract Talks Loom originally appeared on DailyFinance on Thu, 17 Mar 2011 15:00:00.
Filed Under: Company News, Economy, People, Ford Motor Co, General Motors, Autos, Chrysler
Toyota to Keep Japanese Plants Idle Into Next Week
by David Schepp on Mar.16, 2011, under Towing
The Japanese automaker has extended its halt on vehicle production at its plants in Japan through March 22, as the country continues to reel from the devastation of last week’s massive 9.0 earthquake and ensuing tsunami.
Continue reading Toyota to Keep Japanese Plants Idle Into Next Week
Toyota to Keep Japanese Plants Idle Into Next Week originally appeared on DailyFinance on Wed, 16 Mar 2011 09:40:00.
Filed Under: Company News, Economy, Honda Motor Co, Toyota, Autos
Earthquake’s Effects Rattle Japanese Automakers
by David Schepp on Mar.15, 2011, under Towing
Toyota, Nissan and Honda, among other companies, have shut down plants temporarily in Japan in the wake of Friday’s earthquake and tsunami. While many of their factories were undamaged, crippled nuclear plants are causing power shortages, and there has been damage to parts makers and transportation infrastructure.
Continue reading Earthquake’s Effects Rattle Japanese Automakers
Earthquake’s Effects Rattle Japanese Automakers originally appeared on DailyFinance on Tue, 15 Mar 2011 10:45:00.
Filed Under: Economy, JP Morgan Chase, Honda Motor Co, Sony, Toyota, Autos
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