August 31, 2010 | Daily Report Online
No deal: buyers will see fewer discounts for carsDETROIT AP - For years, Americans shopping for cars were treated to all sorts of deals and incentives, especially at the end of summer. Think Cash for Clunkers, which paid up to $4,500, or promotions that offered employee discounts to everyone.Those days are over.Deals are getting more scarce because automakers, newly lean and profitable, are holding the line on those profit-eating promotions.
By DEE-ANN DURBIN and TOM KRISHER
6 minute read
January 07, 2008 | Daily Report Online
Toyota zooms past Ford to become 2nd top U.S. sellerDetroit's automakers went out with a whimper in 2007, as a lackluster December failed to pull the industry out of the lowest U.S. auto sales slump in nearly a decade.Ford Motor Co. was knocked from its perch as the No. 2 U.S. auto seller, a position it held since 1931, while General Motors appeared likely to lose its title of the largest automaker in the world.
By DEE-ANN DURBIN
6 minute read
October 26, 2010 | Daily Report Online
Ford keeps rolling as net income jumps, debt easesDEARBORN, Mich. AP - Ford Motor Co. is on a roll. Its popular new cars and trucks are grabbing a bigger share of the U.S. market. It's about to erase a big portion of its health care debts. And Ford is adding a significant number of jobs for the first time in years.The news puts Ford, which has now turned profits for a year and a half, even further ahead of its Detroit rivals as the American auto industry slowly turns around.
By DEE-ANN DURBIN and TOM KRISHER
4 minute read
December 15, 2009 | Daily Report Online
China overtakes U.S. to secure auto king titleChina has overtaken the U.S. as the world's biggest market for automobiles, the first time any other country has bought more vehicles than the nation that produced Henry Ford, the Cadillac and the minivan.Now that the Chinese buy more cars and trucks than Americans, the shift could produce ripples for the environment, gas prices and even the kinds of cars automakers design.
By DEE-ANN DURBIN and ELAINE KURTENBACH
4 minute read
December 01, 2010 | Daily Report Online
GM, Ford sales rise as auto recovery continuesDETROIT AP - Sales of Ford Motor Co. cars and trucks rose 20 percent last month while General Motors sales were up 11 percent as the auto industry's slow-motion recovery continued to gain traction.Industry analysts say the numbers, combined with a strong October, show that consumers who have kept their jobs through the economic downturn are now feeling confident enough to spend money and replace older vehicles.
By DEE-ANN DURBIN and TOM KRISHER
4 minute read
February 02, 2011 | Daily Report Online
US auto industry off to a solid start in JanuaryBy Dee-Ann Durbin and Tom Krisher
5 minute read
December 21, 2011 | Daily Report Online
GM's Akerson candid about company's futureDan Akerson is hardly a corporate diplomat.The chairman and chief executive at General Motors Co. says publicly what other CEOs say in private: he disses competitors' cars and laments his company's lumbering bureaucracy. He's told reporters that Ford should "sprinkle holy water" on its troubled Lincoln luxury brand, and has called Toyota's Prius hybrid a "geek-mobile.
By Tom Krisher and Dee-Ann Durbin
18 minute read
May 18, 2006 | Law.com
United Auto Workers Authorizes Strike Against DelphiUnited Auto Workers members have voted to authorize a strike against Delphi Corp. if the company fails to honor its labor agreements, an action that could have severe consequences for the auto supplier and its largest customer, General Motors. A spokeswoman for Delphi said the company intends to keep negotiating with the UAW, which is by far the largest of Delphi's unions. Delphi was in U.S. Bankruptcy Court last week asking for permission to cancel its labor contracts.
By Dee-Ann Durbin
5 minute read
May 18, 2006 | Corporate Counsel
United Auto Workers Authorizes Strike Against DelphiUnited Auto Workers members have voted to authorize a strike against Delphi Corp. if the company fails to honor its labor agreements, an action that could have severe consequences for the auto supplier and its largest customer, General Motors. A spokeswoman for Delphi said the company intends to keep negotiating with the UAW, which is by far the largest of Delphi's unions. Delphi was in U.S. Bankruptcy Court last week asking for permission to cancel its labor contracts.
By Dee-Ann Durbin
5 minute read
October 19, 2005 | Law.com
Current Disputes a Watershed Moment for UnionsThe outlook for organized labor seems to grow worse by the day in this period of turmoil for unions. Auto supplier Delphi's bankruptcy filing puts thousands of union jobs at risk. And the Teamsters and other unions broke from the AFL-CIO this summer, saying the larger union confederation has lost its effectiveness. One expert says the challenges are intensifying due to fierce competition and the pressures of the global economy. By and large, says another expert, unions are in crisis.
By Dee-Ann Durbin
5 minute read
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