News Source: Sify News
| 20 days ago
The auto supplier industry will see a wave of consolidations next year as federal bailouts for automakers and a recent uptick in sales provided only a temporary reprieve and simply postponed the inevitable, several executives told Reuters this week.
News Source: Houston Chronicle
| 22 days ago
Ford Motor Co. workers represented by the United Auto Workers turned down additional concessions sought by the automaker, whose chief executive officer said he will still seek parity with U.S. competitors' contracts. The vote against the revisions
News Source: Reuters
| 23 days ago
U.S. factory workers at Ford Motor Co overwhelmingly rejected proposed concessions it has said it needs to stay competitive, while union workers in Canada on Sunday accepted cuts aimed at retaining jobs. The Canadian Auto Workers union voted 83