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Deals Get Done in Detroit
It looks like the deals that the Detroit Big 3 need to hold on are starting to come together for Ford, GM, and Chrysler.
China DailyFord and UAW reach deal to trim labour costs Reuters -52 minutes ago DETROIT (Reuters) - Ford Motor Co (FN) has reached a deal with the United Auto Workers to reduce its labour costs in line with Japanese rivals and help it survive without government loans, the carmaker and union said on Tuesday. GM Seeks Up to $16.6 Billion in Aid, 47000 Job CutsBloomberg White House: All Parties Must Do More To Ensure Auto Cos' ViabilityCNNMoney.com Financial Times - guardian.co.uk - Times Online - Wall Street Journal all 6,316 news articles - Muthu Ramadoss
“Ford, UAW reach deal to trim labor costs - Reuters http://tinyurl.com/dx83os”
“Ford, UAW reach deal to trim labor costs - Reuters http://tinyurl.com/dx83os”
"when are we going to get the concessions from the big bosses? Maybe trim a couple million off their bonuses." - Stephen Roberts
China Daily GM Seeks Up to $16.6 Billion in Aid, 47000 Job Cuts Bloomberg -56 minutes ago By John Hughes and Jeff Green Feb. 17 (Bloomberg) -- General Motors Corp. said it needs as much as $16.6 billion in new US loans, more than doubling the aid to date, and must get some of the cash next month to survive. GM Seeks Another $16.6 Billion In US Government Aid; Job Cut PlanCNNMoney.com Ford and UAW reach deal to trim labour costsReuters Detroit Free Press - Wall Street Journal - MarketWatch - The Associated Press all 4,248 news articles - lonedroid
“INSTANT VIEW: Automakers', UAW restructuring plans - Reuters http://tinyurl.com/ah7mg4”
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“INSTANT VIEW: Automakers', UAW restructuring plans - Reuters http://tinyurl.com/ah7mg4”
“INSTANT VIEW: Automakers', UAW restructuring plans - Reuters http://tinyurl.com/ah7mg4”