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Published on
job,
cerberus,
chrysler-financial,
u.s.,
cut-off,
cuts,
gm,
gmac,
chrysler,
 Chrysler Financial (owned by Cerberus Capital Management) just confirmed it will be laying off around 12 % of its powerful workforce of 3,000. This cut action come both from the Michigan, Farmington Hills headquarters of the firm and its field offices in America.Chrysler Financial stated for the media Chrysler Financial continues to offer dealership insurance and consumer retail financing products and is focused on servicing and collecting its ongoing loan portfolio of approximately $26 billion.... >> Read more
Gm Headlines
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Published on
penske,
saturn,
gm,
renault,
nissan,
agreement,
p-a-g,
oem,
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The new owner of Saturn - Penske Automotive Group, decided pulling out of all the running negotiations. Saturn will unfortunately be discontinued, says GM official statement.A few s ... >> Read more
Gm Headlines
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Published on
nummi,
cut,
jobs,
japan,
toyota,
shutdown,
gm,
spring,
us,
workforce,
california,
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In August Toyota announced it will terminate the operations at the NUMMI (New United Motor Manufacturing Inc.) - the Californian factory. Nikkei business daily reported, Reuters cited, the m ... >> Read more
Gm Headlines
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Published on
avant,
concept,
buick,
gm,
the-lab,
buick-avant,
china,
city-car,
small,
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General Motors\'s site, The Lab, responsible for showing off the new innovations of the firm, unveiled the concept Buick Avant, small city vehicle, comprising the premium features a customer ... >> Read more
Gm Headlines
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Published on
china,
baic,
production,
saab,
gm,
koenigsegg,
beijing,
frankfurt,
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A potential beginning of Saab cars production in the Chinese territory. Beijing Automotive, alias for BAIC, apparently might start, in the country, local production of cars from, thanks main ... >> Read more
Gm Headlines
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Published on
caw,
cami,
gm,
tentative,
agreement,
contract,
deal,
 Yesterday, the all-new tentative GMs CAMI - Canadian Auto Workers got announced, voted upon, approved by the former. So, the new agreement is made for 3 years and its approved by 61 % of production employees and 89 % trades workers. It benefit also guarantees and cuts – a brand new product in 2014 for the line-up GM from CAMI, replacing GMC Terrain and Chevrolet Equinox.Mike Van Boekel, chair of CAW for CAMI factory stated Our workers recognized t... >> Read more
Gm Headlines
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Published on
merkel,
magna,
uk,
opel,
antwerp,
germany,
gm,
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The state aid projected by Germany for Opel is showing protectionism accusations there; yet, Angela Merkel, German chancellor wants to help Opel.\'We are naturally determined to reso ... >> Read more
Gm Headlines
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Published on
ron-bloom,
obama,
manufacturing,
tzar,
industry,
treasury,
gm,
president,
america,
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Obama administration put Ron Bloom - Treasury Department official, in charge with the manufacturing department of the country \'road to recovery\'. Bloom will be maintaining his role also as ... >> Read more
Gm Headlines
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Published on
money,
buy,
koenigsegg,
gm,
saab,
sweden,
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Swedish sports carmaker Koenigsegg is raising funds to complete the Saab acquisition from General Motors, a move that is expected to occur as soon as next week. Swedish newspaper Dagens Indu ... >> Read more
Gm Headlines
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Published on
cash-for-clunkers,
nada,
nhtsa,
computer,
error,
money,
dealer,
u.s.,
,
 The dealers still have problems in the US Car Allowance Rebate System. Most of the people complained they did not receive anything - reimbursed for sold cars, so the dealers have now a deadline until, August 24, Monday, at 8 p.m. EDT for clunkers applications submitting.But NADA (National Automobile Dealers Association) reported a series of pc glitches, slowing down their submission process; a few dealers might not submi... >> Read more
Gm Headlines
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Published on
agile,
brasil,
aveo,
chevrolet-agile,
chevrolet-aveo,
south-anerica,
chevrolet,
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Model, fully developed in Brazil, with a surprising and memorable novel design to enchant the Brazilian consumer It`s finally revealed the first image, without any disguise or camouf ... >> Read more
Gm Headlines
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Published on
gm,
develops,
hydrogen,
fuel,
cell,
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The North American automaker, General Motors, has developed a new hydrogen fuel cell technology. This new fuel cell technology permits smaller sized units to be made that also bring signific ... >> Read more
Gm Headlines
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