The sales lead of the Big Three automakers—especially GM and Ford—is a far cry from what it was in 2000 as competition heats up.» Read More
Ford Motor said on Tuesday that its retail sales of vehicles in China rose 30 percent in the first three quarters from a year earlier to 149,455 units.
Here we go again, round two of the UAW contract talks, and this time the target is Chrysler. Here in Michigan, though, I'm getting a different vibe that I did two weeks ago covering the two strike at the GM.
Negotiators with the United Auto Workers union and Chrysler remained at the bargaining table Saturday evening as efforts to reach a tentative contract agreement intensified, a person briefed on the talks said.
The recent rush by major Internet portals to buy advertising companies and extend their sales networks is a sign that the business of being a one-stop shop for information and entertainment isn't what it used to be.
The great-great grandniece of German automotive pioneer Carl Benz urged DaimlerChrysler shareholders on Thursday to restore her ancestor's name to the masthead and not call the group simply Daimler.
The United Auto Workers gave up so much it’s inevitable the rest of Detroit will have demands of its own.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Well, that didn't take long. Just 5 days after the UAW and General Motors struck a deal there are already people complaining that they don't like the agreement and questions about whether or not it will be the pattern and language of the contracts Ford and Chrysler strike with the union. I'm not surprised, to hear the complaints.
United Auto Workers members at a local headquartered near Detroit voted overwhelmingly on Monday to approve the union's tentative contract with General Motors in one of the first tests for the new labor pact.
On a regular basis, I get some variation of this question: Which one of the Big 3 has the best shot at picking up market share and giving Toyota and Honda a run for their money. In other words, which one of Detroit's automakers has the pipeline of cars, trucks and SUV's to become the "hot" brand?
The United Auto Workers won guarantees in its tentative contract agreement with General Motors that many new products would be built at U.S. plants to save jobs, union President Ron Gettelfinger said Friday.
After sucking fumes behind Toyota and its popular Prius, GM is stepping up to the plate with the next generation of hybrids. They are called 2-mode hybrids because they get electric motor assist in the city AND on the highway. GM unveil the first of these 2-mode hybrids today at the Texas State Fair in Dallas...
Stocks moved to session highs on Wednesday on speculation billionaire investor Warren Buffett was considering taking a 20% stake in Bear Stearns. The New York Times reported on its Web site that Bear Stearns was in serious talks with several outside investors, including Buffett.
General Motors' quick settlement with its major union allows the softening U.S. economy to sidestep another blow and sets the stage for similar deals that could boost domestic automakers, analysts and investors said Wednesday.
Members of the United Auto Workers union at General Motors Corp reacted with a mixture of nervousness, surprise and stoicism Monday after their union called a strike against the top U.S. automaker.
General Motors and the United Auto Workers union on Sunday rushed to complete a cost-cutting labor deal that would allow the top U.S. automaker to cut itself free from a $50 billion retiree health-care burden.
Two people who have been briefed on the talks said Saturday that bargainers reported progress toward an agreement on the linchpin of the talks, GM funding a union-run trust that would take over much of the company's $51 billion unfunded obligation to pay health care costs for retirees.
General Motorsand the United Auto Workers union resumed negotiations Friday after adjourning talks in the early hours as 73,000 GM workers returned for another day of work without a new contract.
Negotiators for General Motors and the United Auto Workers, trying to craft a new contract, are still discussing the automaker's proposal to pay the union to form a trust and take over the company's huge retiree health care obligation, according to two people who have been briefed on the talks.
Ford Motor on Thursday said Francisco Codina, the automaker's North American sales and marketing chief, will retire on Nov. 1 after a 30-year career with Ford.
The United Auto Workers and General Motors resumed negotiations for a new labor contract on Wednesday, five days past the expiry of the previous pact.