NUMMI to Close on March 31, 2010
28 Aug 2009, 06:30 UTC · By: Daniel Patrascu / After several months of uncertainty and conflicting rumors, the fate of the New United Motor Manufacturing plant has been sealed. Toyota Motor Corporation confirmed the plant will close on March 31,...
Mitsubishi Closes Venezuela Plant
25 Aug 2009, 15:20 UTC · By: Daniel Patrascu / Japanese manufacturer Mitsubishi decided to close a plant belonging to its MMC Automotriz subsidiary, due to worker discipline and a drop in productivity, the company announced in a release, quoted ...
GM to Reestablish Up to 50 Dealerships
17 Aug 2009, 07:52 UTC · By: Daniel Patrascu / Wants me, wants me not... This is the predicament some of the dealerships targeted for closure by American manufacturer GM find themselves in now, as it would appear the carmaker is now looking into...
Chrysler Financial to Fire 350
1 Jul 2009, 10:39 UTC · By: Daniel Patrascu / As a result of the still declining vehicle sales, as well as of the shifting of Chrysler Group's subvented retail business to GMAC, Chrysler Financial announced yesterday it will begin a major ...
Toyota: We Won't Close NUMMI
30 Jun 2009, 14:38 UTC · By: Daniel Patrascu / After yesterday GM announced it has decided to place its NUMMI operation in the "bad assets" basket, questions started surfacing about the fate of the plant and of its some 5,000 workers....
Chrysler Closes St. Louis Plant. Again
25 Jun 2009, 12:26 UTC · By: Daniel Patrascu / Nearly two weeks after American manufacturer Chrysler announced it will reopen the St. Louis North Assembly plant, the company has revised its decision and now says it will idle the facility on July...
GM to Shutter Shreveport, La. Plant by 2012
25 Jun 2009, 11:00 UTC · By: Bogdan Popa / General Motors continues its restructuring process in the United States and announced workers at the Shreveport, La. production facility that they will be left out of work by 2012 as it intends to c...
GM's Rough Terms for Dealers
3 Jun 2009, 09:50 UTC · By: Daniel Patrascu / As part of its reorganization process, American manufacturer GM will have to cut deep into its dealership network. To ease up the mounting pressure from both dealers and the American public, GM is s...
789 Cadillac Men
18 May 2009, 09:32 UTC · By: Daniel Patrascu / The closing of the 789 dealers Chrysler has already announced may spawn a salesman/woman offensive, as there are around 40,000 vehicles to be sold, as soon as possible. If they don't, within a ...
Confirmed: Chrysler Kills 789 Dealers!
15 May 2009, 06:24 UTC · By: Bogdan Popa / Chrysler today announced that it has filed a motion with the US Bankruptcy Court to reject almost a quarter of its US dealerships as part of the reorganization process it started on May 1. The Ameri...
Chrysler's Dealers, Minus 1,000
14 May 2009, 08:45 UTC · By: Daniel Patrascu / After we already told you the plans GM has with a large part of its dealers, here comes the unpleasant task to do the same for Chrysler. According to some reports surfaced yesterday, the bankrupt Am...
Nardelli Says "My Bad' for Trenton/Kenosha Mistake
11 May 2009, 12:15 UTC · By: Daniel Patrascu / As the old latin saying goes, "erare humanum est" which means not even CEOs are excepted. The only difference is that when one of them gets it wrong, as Chrysler's CEO did, the conseq...
NADA Anti-GM Campaign Begins
8 May 2009, 11:02 UTC · By: Daniel Patrascu / This past week, the troubled status in which some of GM's dealership found themselves in has triggered a swift response from the National Automobile Dealers Association (NADA). In an attempt to...
GM-NADA Standoff
6 May 2009, 12:17 UTC · By: Daniel Patrascu / As was announced in the past weeks, General Motors has begun notifying 2,600 of its dealers that they will soon become obsolete for the company's future plans. The notifying will take GM all su...
Chrysler's Official Plant Closure Schedule
6 May 2009, 08:04 UTC · By: Daniel Patrascu / The bankrupt American manufacturer posted today its official reply to the growing rumors regarding plant closures. The official statement of the manufacturer confirms the fact that six of its plants...
Chrysler to Sell Assets to Fiat, Close Plants
3 May 2009, 16:42 UTC · By: Daniel Patrascu / As a result of Thursday’s bankruptcy filling, the American manufacturer is said to plan the sale of most of its assets to their new partner, Fiat. In addition, the Michigan-based company unvei...
Volkswagen Idles Mexico Plants...
28 Apr 2009, 12:15 UTC · By: Daniel Patrascu / ...and this is not because of the pandemic swine flu which ravages the country. To one to blame is the same old economic downturn, which now forces the German manufacturer to stop production at its ...
GM Makes Tough Labor and Production Cuts
27 Apr 2009, 14:07 UTC · By: Daniel Patrascu / Apart from the drastic, yet somewhat to be expected measures taken by GM in regard to its brands and future business plans, the American manufacturer has also outlined the measures it will take to s...
Pontiac's Final Days
24 Apr 2009, 08:41 UTC · By: Daniel Patrascu / The cat and mouse game between media/inside sources on one hand and GM officials on the other continued today with the favorite topic these past two weeks: the fate of GM's brand. Today, Pontia...
GM's Hamtramck Plant to Take 6 Weeks Break
23 Apr 2009, 18:00 UTC · By: Daniel Patrascu / As we told you earlier today, sources with a closer insight on GM’s future plans claimed that the American manufacturer is planning the closure of most of its US based plants sometimes this su...