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11:16 pm
Wed September 26, 2012

Canadian Auto Workers and Chrysler reach tentative deal

Lead in text: 
The CAW union and Chrysler have reached a tentative deal similar to the agreements reached with GM and Ford. Ford workers in Canada ratified their agreement earlier this week. GM workers are expected to do so sometime tomorrow. More from CBC Windsor.
The Canadian Auto Workers union Wednesday night announced a tentative deal with Chrysler. Ken Lewenza, the union's president, said the deal is similar to the ones struck with Ford and General Motors on Sept. 14 and 20, respectively.
Transportation
10:58 am
Fri September 21, 2012

GM recalling 480,000 Malibus, Saturns, and Pontiacs; Sonics also recalled

A 2008-2010 Chevy Malibu. One of the models being recalled by GM.
Credit IFCAR / wikimedia commons
A 2008-2010 Chevy Malibu. One of the models being recalled by GM.

The Detroit News reports GM is issuing two recall campaigns.

The smaller recall affects bulb indicators on 2013 Chevrolet Sonics.

The larger recall has to do with four-speed automatic transmissions on 2007-10 Chevrolet Malibu, Saturn Aura and Pontiac G6 models.

More from the Detroit News:

The Detroit automaker said Friday it is recalling 426,240 Chevrolet, Pontiac and Saturn sedans in the United States to repair a condition in which the transmission gear position may not match the gear on the shifter. That could lead to the vehicles rolling when drivers think they are in park.

"The driver would be able to remove the key from the ignition, but the door locks may not unlock automatically and the PARK indicator lamp would not be illuminated. The driver may not be able to restart the vehicle and the vehicle could roll away," GM said.

An investigation by the National Highway Traffic Safety Administration sparked the discovery of the transmission problem.

Michigan Radio's Tracy Samilton reports the problem has caused four accidents that GM knows about, but no injuries have been reported.

Dealers will either replace the transmission cable or put reinforcement on it.

3:16 pm
Mon September 17, 2012

Canadian Auto Workers and Ford close to agreement, others to follow?

Lead in text: 
The Detroit News has an update on the "Big Three" and their negotiations with the Canadian Auto Workers union. The deadline for a deal is midnight tonight.
Toronto - Talks between the Canadian Auto Workers union and Chrysler Group LLC may have turned the corner ahead of today's 11:59 p.m. contract deadline. Discussions with the Auburn Hills automaker - which shot back at Ford Motor Co.
Auto
1:29 pm
Thu September 13, 2012

Mulally leaving Ford? AP lists 3 reasons to worry, and 3 reasons to be hopeful

Ford CEO Alan Mulally. Ever since he turned 65, there's been speculation about his retirement.

Henry Ford's great-grandson said it plainly to the Associated Press... Ford Motor Company was once plagued by internal divisions that dragged the company down.

"At the old Ford, you had heroes and villains," [Bill Ford Jr.] said. "Now, it's, `OK, where do we have issues and how do we solve them?'"

Alan Mulally was brought in by Bill Ford Jr. in 2006 as Ford's new CEO.

Mulally has been credited with righting the ship. Michigan Radio's Tracy Samilton wrote about how Mulally has changed things at Ford over the last six years.

She writes about how Mulally's retirement has been a point of speculation ever since he turned 65:

...one question invariably comes up during media scrums at Ford Motor Company events. "When are you going to retire?" some reporter or other asks. Now that he's 67, the question is being asked even more frequently

Yesterday, Bloomberg News broke a story about moves the company plans to make:

Ford Motor Co. (F) directors are preparing to promote Mark Fields to chief operating officer from president of the Americas, a move that anoints him as probable successor to Chief Executive Officer Alan Mulally, according to a person familiar with the plan.

Bloomberg writes Mulally is expected to retire at the end of 2013. Really? So far the company itself is mum.

But the retirement talk, has AP auto reporters Dee-Ann Durbin and Tom Krisher writing about life at Ford after Mulally.

They highlight six points about the company.

3 of which they say should worry investors, and three of which they say are encouraging signs.

Read more
6:03 pm
Mon September 10, 2012

The math behind the Chevy Volt, will it ever add up for GM?

Lead in text: 
Reuters reports on the numbers behind the Volt - "There are some Americans paying just $5,050 to drive around for two years in a vehicle that cost as much as $89,000 to produce."
Mon Sep 10, 2012 12:18am EDT (Reuters) - General Motors Co (GM.N) sold a record number of Chevrolet Volt sedans in August - but that probably isn't a good thing for the automaker's bottom line.
Auto
2:36 pm
Mon September 10, 2012

Big 3 U.S. automakers facing strikes in Canada?

Credit Jeff Smith / Flickr

There's one week left in contract negotiations with the Canadian Auto Workers union, and it appears there are still some major sticking points in negotiations.

We posted last week that the union voted to authorize a strike if they determined one was needed.

Reuters reports plans for a potential strike are moving forward.

Strike captains at the union, which represents about 20,000 members at the three companies, were to meet in Toronto on Monday to advance plans for a triple strike.

"All three bargaining committees are determined to reject these demands and reach a fair deal," the CAW said in a leaflet distributed to members on Monday.

"The union recognizes the fragility of the industry and the need to stabilize fixed costs, while finding a solution rewards members' work. Unfortunately, our efforts have not been met with equal willingness by the companies to negotiate fair terms," the leaflet said.

The last time the Canadian Auto Workers went on strike was in 1996.

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