2014年6月2日 星期一

VW Labor Chief on 'Stolen' Election (6/2/14)

VW works council rep urges Tenn. workers to organize; Feds probe Jeep recall; Kia eyeing Mexico?; 5...

from TumblrCynthia Lin

VW works councils rep vows continued support for UAW in ChattanoogaAuto News

The UAW must and will 'start anew' at Volkswagen AG's Chattanooga assembly plant to represent workers there in collective bargaining and on works councils that create labor co-determination with management, the chief labor...



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Kia plans first assembly plant in Mexico, report saysAuto News

Kia Motors plans to break ground soon on a new plant in Mexico, two sources familiar with the matter told Reuters, a further sign that the company and its affiliate, Hyundai, are easing an unofficial moratorium on capacity growth.



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King seeks unity as UAW tries to organize transplants, preps for Detroit 3 talksAuto News

UAW President Bob King, who retires this week, wants to build unity at the union as it continues efforts to organize transplants in the South and prepares for collective bargaining with the Detroit 3 next year.



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Auto loan terms, monthly payments hit high in Q1, Experian saysAuto News

The average loan term, average monthly payment and average amount financed for a new light-vehicle hit record highs in the first quarter, signaling consumers in the United States continue to extend themselves to afford pricier cars, Experian...



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Chrysler airbag recall being probed by U.S. regulatorsAuto News

Federal safety regulators are investigating Chrysler Group's 2012 recall of 744,822 SUVs in the United States after six consumers complained of inadvertent airbag deployments even after fixes were made.



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Ave. loan term, monthly payment and amount financed for new vehicles hit high in Q1, Experian saysAuto News

The average loan term, average monthly payment and average amount financed for a new light-vehicle hit record highs in the first quarter, signaling consumers in the United States continue to extend themselves to afford pricier cars, Experian...



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Autoliv to pay $65 million to settle U.S. antitrust suitsAuto News

Autoliv has reached three separate settlements in antitrust class action lawsuits in the United States and expects to incur $65 million in costs in the second quarter.



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2014年6月1日 星期日

Inside GM's path to survivalAuto News

Five years ago this week, General Motors Corp. -- long a symbol of America's industrial might -- sought bankruptcy protection. Work on what would become the bankruptcy road map began within GM before outgoing President George W.



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Google's vision upends notions of car and driverAuto News

Everything about the new test program that Google co-founder Sergey Brin revealed last week points toward a personal transportation system that directly challenges the driver-centered, ownership-based business model the auto industry has relied on...



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Minivan meltdown, maximum marginsAuto News

Judging by minivan sales, the segment has crashed over the past decade. Volume, shmolume, retailers say. Many consumers buy loaded, higher-end models, so minivans deliver good margins. And minivan buyers often become a dealership's loyal customers.



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A flurry of activity in aluminumAuto News

The auto industry's love affair with weight-saving aluminum is just warming up. In the pipeline is a growing list of vehicles with all-aluminum bodies or with more aluminum body panels, such as doors, roofs and trunks.



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GM dealers: Recalls put bonus at riskAuto News

Some General Motors dealers worry that an onslaught of safety recalls could jeopardize their quarterly incentive bonuses. GM told dealers in recent weeks to stop delivering several high-volume models that later were recalled to fix safety defects.



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CEO pay, like the industry, is risingAuto News

PPG Industries CEO Charles Bunch exercised stock options to top the list of the 35 highest-paid CEOs at publicly traded North America-based automotive companies.



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States vow to juice ZEV demandAuto News

Eight states, in a coalition including California and New York, have signaled that they're willing to meet automakers part way in an effort to put 3.3 million zero-emission vehicles on their roads by 2025.



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Penske store tests no-haggle pricingAuto News

Penske Automotive Group Inc. has begun no-haggle pricing at a Toyota dealership near Phoenix on new and used vehicles, trade-ins and finance and insurance products.



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Competition expected to restrain store profitsAuto News

Dealership new-vehicle profits won't grow anytime soon.



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When a deal collapses, the sales reward remainsAuto News

Operating in a lower-middle-class area, with about 20 percent of deals falling through at the finance desk, dealer Carlos Uruchurtu struggled to keep salespeople from jumping to dealerships in better neighborhoods.



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Marchionne pins success of Fiat Chrysler plan on U.S.Auto News

Fiat Chrysler Automobiles CEO Sergio Marchionne said a good performance by its U.S. operations will be crucial for the success



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New F-150 spied on road near Detroit Auto News

This 2015 Ford F-150 was seen driving undisguised in suburban Detroit on Sunday. The aluminum-bodied truck begins production later this summer. The lightweight body saves as much as 700 pounds over the outgoing steel-bodied truck.



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