GM to Lay Off 1,060 Workers at Lordstown, Ohio Plant and Possibly Push Back Production of New Chevy Cruze
Permalink

GM to Lay Off 1,060 Workers at Lordstown, Ohio Plant and Possibly Push Back Production of New Chevy Cruze

GM will indefinitely lay off about 1,060 hourly employees at its Lordstown, Ohio plant beginning…

Continue Reading →

Automakers Could be Included in $700 Billion Bailout
Permalink

Automakers Could be Included in $700 Billion Bailout

House Speaker Nancy Pelosi has called for an unscheduled meeting of Congress to discuss the…

Continue Reading →

Like Rats From a Sinking Ship, GM Workers Are Exiting in Droves
Permalink

Like Rats From a Sinking Ship, GM Workers Are Exiting in Droves

GM stock prices fell 14% today to less than $3 per share. The drop brought prices to a…

Continue Reading →

If a Detroit Automaker Fails, Job Losses in the Millions Could Spread to Many Other Sectors
Permalink
Chrysler Recalls More Than 20,000 Charger and Magnum Cop Cars
Permalink

Chrysler Recalls More Than 20,000 Charger and Magnum Cop Cars

Chrysler is in the process of recalling 20,283 2006-’09 Dodge Charger and Magnum vehicles built…

Continue Reading →