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Tag: detroit automakers
As Detroit automakers try to hold the line on costs, workers say it's time for a raise
2015-07-08 18:54:00| Automakers - Topix.net
The day before hundreds of United Auto Workers delegates gathered to set strategy for contract talks with the Detroit Three, General Motors sent them a not-so-subtle message. GM announced a $350 million investment in a Mexican factory to build the Chevrolet Cruze compact car, currently built for all of North America at a sprawling plant in Lordstown, Ohio, east of Cleveland.
Detroit automakers face speed bumps as sales growth slows
2015-05-03 15:32:57| Automakers - Topix.net
Detroit's automakers, on track for their best sales year since 2006, may want to brace themselves for rockier times ahead. Auto executives say the industry is as healthy as it's been since being restructured in 2009.
Detroit automakers rely on U.S. truck sales for global profits
2015-04-28 23:50:46| Automakers - Topix.net
Detroit automakers have come full circle, relying as they did before the financial crisis on profits from selling trucks and sport utility vehicles in the United States to cover losses overseas. That's the profit formula Detroit was supposed to move beyond after the financial crisis, gas price shocks and the federal bailouts of General Motors and Chrysler.
All Three Detroit Automakers Post Strong December Numbers
2015-01-05 20:26:15| Automakers - Topix.net
December was a good month for the Big Three. Chrysler, Ford and General Motors all had strong sales figures for the month.
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10 automakers shack up in Detroit hotel to talk Takata airbags
2014-12-14 21:45:39| Automakers - Topix.net
Since Takata has decided not to take the lead concerning potential issues with its airbag inflators, the automakers have. Perhaps that's unsurprising, since it's the automakers, not Takata, that will take a beating on the dealership floor if consumers decide its models are a health hazards.
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