The UAW, both foreign and domestic

Bob King, President of the United Auto Workers, has announced a new strategy to increase members. On the “foreign” side he has decided that it is neigh onto time that Americans in this country making Nissans, or Hondas or Mercedes join the union.  Never mind that all attempts to unionize these workers in the past have failed…

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Ford sales up 33% – GM and Chrysler not so much

Take this for what it is worth. Ford sales were up 33 percent in Dec. 2009 as compared to Dec. 2008. Toyota and Subaru’s sales also increased by a third, and Honda and Nissan sales were up 24 percent and 18 percent respectively. GM and Chrysler sales below the fold, but how is the Ford…

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Pay Czar to GM … Pay cut – Video

I really don’t like this guy. I didn’t like him when he was appointed and I like him less now. But … GM and Chrysler begged for the money, they got it, and now … well … The Obama administration will soon order the nation’s biggest bailed-out companies to drastically cut pay packages for their…

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Eleventh hour stay of execution

Monday the Supreme Court granted a stay of the Chrysler bankruptcy court’s order approving the “sale” of Chrysler to Fiat.  In layman’s terms, that means no “sale” will occur until the Supreme Court says so. The case arrived at the Supreme Court because the Attorney General of Indiana filed an appeal on behalf of three  Indiana…

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Car Dealers on Obama’s Chopping Block

Wednesday, John, one of the regulars in the chat room, said that he heard Chrysler was about to cut 700 dealers.  He wanted to know if anyone in the room had heard the same.  As no one had, I decided to do a bit of digging.  Well, John, if you are reading this you are not…

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Chrysler’s Creditors Cave

Last Friday, the small group of Chrysler’s secured creditors, who had thus far refused to buckle under to the pressure, decided to throw in the towel and withdraw their legal protest to the Obama administration’s plan to resuscitate the failed auto company.  In a move more symbolic than meaningful, the group has decided that although…

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