DETROIT (AP) — The Tesla Model S electric sedan is Consumer Reports' top pick in this year's automotive rankings.
The magazine cited the Model S's sporty performance and technological innovations, including its 225-mile range. But it acknowledged that the car is expensive. Consumer Reports paid $89,650 for the Model S it tested.
3. UAW: Workers at VW's Chattanooga plant voting Feb. 12-14 - Friday, January 31, 2014
DETROIT (AP) — Workers at Volkswagen's only U.S. factory will decide next week whether to be represented by the United Auto Workers union.
German automaker Volkswagen AG said Monday that it has asked the National Labor Relations Board to conduct a vote at its Chattanooga, Tenn., plant Feb. 12 through 14. The plant, which makes the Passat sedan, has around 3,000 workers.
4. Sedate Super Bowl ads upstaged by a coat - Friday, January 31, 2014
NEW YORK (AP) — The Seattle Seahawks had a blowout victory Sunday night, but there was no big winner in the Super Bowl ad contest.
Many advertisers went for a more serious, toned-down feel than in previous years. Budweiser, Coca-Cola and Chrysler all hit patriotic notes. RadioShack got praise for its surprisingly frank acknowledgement of its dated image — and its use of 1980s pop culture figures including Alf. And "Seinfeld" characters Jerry, George and Newman got together for a mini reunion for Jerry Seinfeld's show "Comedians in Cars Getting Coffee."5. Nothing controversial in Super Bowl ads - Friday, January 31, 2014
NEW YORK (AP) — What Super Bowl ads will people discuss over the water cooler a day after the big game?
There were no crude jokes. Sexual innuendo was kept to a minimum. And uncomfortable scenes were missing.6. 10 Super Bowl Ads to watch out for - Friday, January 31, 2014
NEW YORK (AP) — Actress Scarlett Johansson gives SodaStream some sex appeal in a controversial spot, Kia revives actor Laurence Fishburne's "Matrix" character Morpheus in its commercial. And cute puppies and kids abound in ads for Cheerios to Anheuser-Busch.7. 2013 auto sales best in 6 years; Nissan up 9.4 pct. - Friday, January 03, 2014
DETROIT (AP) — December U.S. auto sales slowed a bit from the brisk pace earlier this year, but automakers still were on target to finish 2013 with the best numbers in six years.
For the year, Nissan had its "best sales year in history," according to Fred Diaz, senior vice president, sales & marketing, parts & service, U.S.A., with sales increasing 9.4 percent compared to 2012 with 1,248,420 cars sold. 8. Fiat stock soars on Chrysler deal but unions worry - Friday, December 27, 2013
ROME (AP) — Shares in Fiat soared on Thursday on the news the Italian automaker will take full ownership of Chrysler, but some Italian unions worried what the deal will mean for jobs and investments in the country.9. Stocks sink as US consumer spending worries deepen - Friday, November 29, 2013
NEW YORK (AP) — After eight weeks of gains, maybe the stock market pullback long anticipated by investors has arrived.
Stocks fell Tuesday, dragged lower by the Detroit automakers and consumer-focused companies such as GameStop and Amazon.com. The market could be headed for its first weekly decline since early October, putting at risk a remarkable rally that has sent indexes to record highs.
10. Holiday weekend gives a boost to Nissan, other automakers - Friday, November 29, 2013
DETROIT (AP) — The holiday weekend was good to U.S. automakers, as sales reports indicate the auto industry is on track to beat strong numbers from a year ago.
Chrysler's U.S. sales rose a surprising 16 percent in November, while General Motors posted a 14 percent gain. Nissan sales rose 11 percent, while Toyota was up 10 percent. Ford notched a 7 percent gain and Hyundai sales rose just under 5 percent. Of major automakers, only Volkswagen and Honda reported sales drops. VW was off 16 percent, while Honda sales were down less than 1 percent.
11. Fiat says no Chrysler IPO in 2013 - Friday, November 22, 2013
FLORENCE, Italy (AP) — Chrysler won't be offering its stock for sale on the public markets this year.
Italian automaker Fiat SpA, Chrysler's majority owner, said in a statement Monday that Chrysler's board has determined an initial public offering is "not practicable" in 2013.
12. Chrysler, Ford, GM, Nissan post big Oct. gains - Friday, November 01, 2013
DETROIT (AP) — Chrysler, Ford, General Motors, Nissan and Toyota all posted October sales increases as the U.S. auto industry rebounded from a lackluster September.
The gains signal that automakers made it through the 16-day partial government shutdown relatively unscathed. Chrysler even predicted stronger industry sales for the month than most analysts.
13. Chrysler IPO could happen by year end, CEO says - Friday, October 25, 2013
DETROIT (AP) — On the heels of a profitable third quarter, Chrysler Group said it will proceed with a public offering of shares before the end of this year.
Italy's Fiat SpA owns the majority of Chrysler shares. Sergio Marchionne, who runs both companies, wants to combine them by purchasing the 41.5 percent of Chrysler now controlled by a United Auto Workers-run trust.14. Chrysler 3Q profit up 22 pct on truck demand - Friday, October 25, 2013
DETROIT (AP) — Chrysler Group's net income rose 22 percent in the third quarter as strong sales of the Ram pickup and Jeep Grand Cherokee masked weaknesses elsewhere in its lineup.
Chrysler said Wednesday that it earned $464 million in the July-September period. It was the Auburn Hills, Mich.-based company's ninth consecutive profitable quarter.15. Japan car parts makers in price-fixing plea - Friday, September 27, 2013
WASHINGTON (AP) — Nine Japanese auto parts manufacturers and two of their executives will plead guilty and pay $740 million in criminal fines for conspiring to fix the prices of more than 30 products sold to many of the world's largest automakers operating in the U.S., the Justice Department announced Thursday.16. US factories rebound with best growth in 2 years - Friday, August 02, 2013
WASHINGTON (AP) — U.S. factories revved up production, hired more workers and received a surge of new orders in July, helping them expand at the fastest pace in two years. The gains suggest manufacturing is rebounding and could provide a spark to economic growth.17. Chrysler's 2Q net income up 16 percent on US sales - Friday, July 26, 2013
DETROIT (AP) — Chrysler Group's sales picked up in the second quarter thanks to strong U.S. demand for trucks and SUVs, but the company still cut its full-year sales and profit targets after a slower than expected start to the year.18. Former GM exec sees Toyota role as sign of change - Friday, July 19, 2013
NAGOYA, Japan (AP) — Mark Hogan, a former General Motors Co. executive tapped to join the Toyota board, sees his appointment as a sign of change at the Japanese automaker and hopes he'll play a role in the company becoming less insular and quicker in decision making.19. Chrysler recalling nearly 46,000 2013 Ram trucks - Friday, July 12, 2013
DETROIT (AP) — Chrysler Group is recalling 45,961 Ram trucks because their electronic stability control systems may not turn on when the vehicles start.
Ram 1500 4x4 trucks built between June 26, 2012, and Feb. 5, 2013, are involved in the recall.20. Chrysler agrees to recall of Jeeps at risk of fire - Friday, June 14, 2013
DETROIT (AP) — Chrysler abruptly agreed to recall 2.7 million older model Jeeps Tuesday, reversing a defiant stance and avoiding a possible public relations nightmare over fuel tanks that can rupture and cause fires in rear-end collisions.21. Chrysler freezes pension plan for 8,000 employees - Friday, June 14, 2013
Chrysler Group LLC says it is freezing the pension of roughly 8,000 U.S. salaried employees at the end of the year.22. Chrysler refuses US request to recall vehicles - Friday, May 31, 2013
DETROIT (AP) — A defiant Chrysler is refusing to recall about 2.7 million Jeeps the government says are at risk of a fuel tank fire in a rear-end collision.
The National Highway Traffic Safety Administration sent Chrysler a letter asking that the company voluntarily recall Jeep Grand Cherokees from 1993 through 2004 and Jeep Libertys from 2002 through 2007.23. US auto sales see big gains in May - Friday, May 31, 2013
DETROIT (AP) — Price cuts at Nissan and strong demand for pickup trucks helped U.S. auto sales rebound in May after a slight dip in April.
General Motors reported its strongest monthly sales since September of 2008. Chrysler, Ford, and Toyota also reported increases. Nissan Motor Co. notched its highest May sales ever after cutting prices on seven popular models early in the month. Only Volkswagen said sales fell compared with May of last year.
24. US auto factories cutting back on summer downtime - Friday, May 17, 2013
DETROIT (AP) — The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks.25. GM profit falls 14 pct in 1Q; Europe loss narrows - Friday, April 26, 2013
DETROIT (AP) — General Motors' net income fell 14 percent in the first quarter, as it earned less money in North America while preparing to launch a redesigned version of its best-selling vehicle, the Silverado pickup.26. Detroit boosted by truck sales; Honda, Nissan gain - Friday, April 26, 2013
DETROIT (AP) — Ford, GM, Chrysler and Nissan all reported double-digit U.S. sales increases last month, signaling the best April for car and truck sales in six years.
A rebound in pickup truck sales led the way, especially for the Detroit automakers. Small businesses are replacing aging trucks that they've kept since the Great Recession.
27. Chrysler profit falls 65 pct. on lower shipments - Friday, April 26, 2013
DETROIT (AP) — Chrysler's first-quarter profit tumbled 65 percent as shipments of cars and trucks fell while it prepared to launch several key new vehicles.
The Auburn Hills, Mich., company said Monday that it earned $166 million in the January-March quarter, compared with $473 million a year ago. Revenue fell 6 percent to $15.4 billion.28. Get started before graduation - Friday, April 12, 2013
It’s always been easy to get a job out of college if mom or dad is chairman of the board.
It’s even easier if the graduate is chairman.
The experiential learning trend on university campuses fosters the career aspirations of students by helping individuals create their own companies and nonprofits – sometimes before graduation – by focusing on finding suitable internships and through course integration.29. Health insurers lead stocks higher on Wall Street - Friday, March 29, 2013
The Dow Jones industrial average closed at a record high Tuesday after reports on auto sales and factory orders provided the latest evidence that the U.S. economy is strengthening. Traders plowed money back into European stocks as the financial situation in Cyprus appeared to stabilize.30. Former GM executive tapped for Toyota board - Friday, March 01, 2013
TOKYO (AP) — Toyota has tapped a former executive at U.S. rival General Motors to join its board, the first time in the Japanese automaker's 76-year history it is appointing directors from outside the company.31. Chrysler, VW, GM report sales growth in February; Nissan down - Friday, March 01, 2013
DETROIT (AP) — Americans want new cars and trucks, and they're not going to let higher gas prices or political dysfunction in Washington stand in their way.
General Motors, Toyota, Ford and most other automakers posted at least modest sales gains for February. Industry analysts estimate last month's sales rose about 7 percent from a year earlier as pent-up demand and cheap financing kept the U.S. auto sales recovery powering along.32. Why Geithner's Treasury leadership proved divisive - Friday, January 18, 2013
WASHINGTON (AP) — President Barack Obama has saluted the outgoing Timothy Geithner as one of the best U.S. Treasury secretaries ever. He's surely been among the most contentious.
Not since the Great Depression had an administration inherited so many grave financial threats at once. To many, Geithner deserves credit for helping steady the banking system and helping restore investor confidence. Yet his toughest critics say Geithner's policies consistently favored big banks over ordinary struggling Americans.33. Automakers agree to build Jeeps for China market - Friday, January 11, 2013
DETROIT (AP) — Fiat, Chrysler and a Chinese automaker have signed an agreement to expand manufacturing in China and produce the Jeep for sale in that market.
The companies said the agreement was signed at Chrysler Group LLC's headquarters in the Detroit suburb of Auburn Hills. It was announced Tuesday as Guangzhou Automobile Group Co. discussed its plans during press days at the North American International Auto Show.34. Toyota's Camry performs poorly on new crash test - Friday, December 14, 2012
DETROIT (AP) — An insurance industry group says Toyota's Camry did poorly on a new crash test this year, disqualifying it from the top safety rating.
The Insurance Institute for Highway Safety gave the Camry a "Poor" rating on the new test, which measures how well people are protected when the front corner of a car hits another car or an object.35. Investors turn against gun makers after massacre - Friday, December 14, 2012
MINNEAPOLIS (AP) — Investors shunned some of the nation's largest gun makers Tuesday, putting up for sale the manufacturer of the Bushmaster semiautomatic rifle used in the Connecticut school shooting and worrying that the attack could soon bring stricter gun laws.36. Cerberus to sell gun company that makes Bushmaster - Friday, December 14, 2012
The company that makes one of the weapons used to kill elementary school children in Connecticut is being put up for sale by its owner, which called Friday's tragedy a "watershed event" in the debate over gun control.37. Fiat 500 adds electric and big versions to lineup - Friday, November 23, 2012
DETROIT (AP) — The Fiat 500 is getting bigger and going electric.
Two new versions of the Italian-styled mini-car are appearing at the Los Angeles Auto Show this week: The "500e" is the brand's first all-electric model in the U.S. while the "500L" comes with four doors and significantly more room than a regular model. The first 500 hit U.S. showrooms two years ago, promising a stylish and fuel-efficient remake of the 1950s original. Since then, at least four variations of the remake have rolled out.38. Steady US housing recovery is boosting economy - Friday, November 16, 2012
WASHINGTON (AP) — From purchases and prices to builder sentiment and construction, the U.S. housing market is making consistent gains.
The latest evidence came in reports Monday that sales of previously occupied homes rose solidly in October and that builders are more confident than at any other time in 6½ years.39. Fiat Industrial announces new management structure - Friday, November 09, 2012
MILAN (AP) — Fiat Industrial has announced a new management structure aimed at making it easier to merge with its U.S. subsidiary CNH Global N.V., the agriculture equipment maker.
Fiat Industrial said Monday that it has created a 20-seat Group Executive Council, which will be headed by Chairman Sergio Marchionne and CNH CEO Richard Tobin in the new position of group chief operating officer.40. Consumers give US economy a lift before election - Friday, November 02, 2012
WASHINGTON (AP) — A flurry of data issued Thursday sketched a brightening view of the U.S. economy in the final days before a presidential election that will pivot on the strength of the recovery.
Cheaper gas, rising home prices and lower unemployment have given consumers the confidence to spend more. And retailers, auto dealers and manufacturers are benefiting.41. Consumers give US economy a lift before election - Friday, October 26, 2012
WASHINGTON (AP) — A flurry of reports Thursday showed that U.S. consumers are growing more confident and spending more, boosting a still-weak economy just five days before the presidential election.42. Toyota on top in latest Consumer Reports survey - Friday, October 26, 2012
DETROIT (AP) — And the winner is ... Japan.
Japanese brands took the top seven spots in Consumer Reports' annual reliability rankings, pushing aside their U.S. and European rivals. Toyota Motor Corp.'s Scion, Lexus and Toyota brands took the top three spots and the Toyota Prius C, a subcompact hybrid, got the best overall score. Mazda, Subaru, Honda and Acura were close behind.43. Chrysler 3Q profit nearly doubles - Friday, October 26, 2012
DETROIT (AP) — Strong U.S. sales powered Chrysler to a healthy third-quarter profit.
The company on Monday reported net income of $381 million, up 80 percent from $212 million a year earlier. The profit was due mainly to a 13-percent sales increase in the U.S., where Chrysler does three quarters of its business. The company sold nearly 417,000 cars and trucks in the U.S. under the Jeep, Dodge, Ram, Fiat and Chrysler brands.44. Auto sales, home prices help buoy weak US economy - Friday, September 28, 2012
WASHINGTON (AP) — The U.S. economy is looking more resilient, thanks in part to encouraging signs for the two most expensive purchases most Americans make: cars and homes.
Cheap loans and a bounty of fuel-efficient models enticed people to buy new vehicles at a brisk pace last month. And the nation enjoyed another year-over-year surge in home prices in August — a sign that the housing industry is making a sustained comeback.45. Canadian auto union has deals with 2 of Big 3 - Friday, September 21, 2012
TORONTO (AP) — Canadian autoworkers have reached contract deals with two of the Big Three and now are focusing in on the third — Chrysler.
The Canadian Auto Workers union said late Thursday it reached a tentative deal with General Motors Co., leaving Chrysler as the only Detroit automaker that hasn't agreed to a new labor deal.46. Stocks end mixed on weak US economic reports - Friday, August 31, 2012
NEW YORK (AP) — Stocks zigged and zagged after reports that the U.S. economy is weakening at a time when China and Europe are also slowing.
The Dow Jones industrial average closed down 54.90 points at 13,035.94 on Tuesday. Heavy equipment maker Caterpillar was the weakest stock in the Dow average, slipping 3 percent, or $2.67, to $82.66. The Standard & Poor's 500 index fell 1.64 points to 1,404.94.47. US poverty on track to rise to highest since 1960s - Friday, July 20, 2012
WASHINGTON (AP) — The ranks of America's poor are on track to climb to levels unseen in nearly half a century, erasing gains from the war on poverty in the 1960s amid a weak economy and fraying government safety net.48. Carmakers report strong June sales, easing worries - Friday, June 29, 2012
DETROIT (AP) — From mini cars to monster pickups, sales of vehicles charged higher in June and eased concerns that Americans would be turned off by slower hiring and other scary headlines.
Automakers reported big gains over June of last year. Chrysler posted its best June in five years. Sales surged at Volkswagen, which is on track for its best year in the U.S. since 1973.49. Government expands probe of Jeep gas tank fires - Friday, June 08, 2012
DETROIT (AP) — Government safety regulators have expanded an investigation into gas tank fires in older-model Jeep Grand Cherokees.
The National Highway Traffic Safety Administration said Thursday that it has added Cherokee and Liberty models to the probe, which began nearly two years ago.50. Stronger Mich. economy could hurt Romney's chances - Friday, April 20, 2012
LANSING, Mich. (AP) — The unemployment rate in Michigan is high, its population is shrinking and scores of manufacturing plants have closed. Still, President Barack Obama's hopes for another electoral victory could depend on voters remembering a time when things were worse.51. Shortages could slow down US auto production - Friday, April 20, 2012
DETROIT (AP) — The U.S. auto industry, already stretching to meet rising demand for cars and trucks, is facing shortages of parts and materials that could limit the number of new vehicles in showrooms later this year and crimp a historic turnaround.52. Auto sales surge in March, led by small cars; Nissan up 12% - Friday, March 30, 2012
DETROIT (AP) — Appealing small cars, low interest rates, truck deals and unseasonably warm weather helped the auto industry achieve its best monthly performance in almost four years in March.53. US stocks fall after dimmer outlook from Fed - Friday, March 30, 2012
U.S. stocks and Treasury prices dropped Tuesday after Federal Reserve policymakers said they were worried about a slowdown in hiring and appeared to resist buying more bonds to help the economy.
The Dow Jones industrial average was down as much as 133 points after the Fed released minutes of the March meeting of its Open Market Committee, which sets interest rates and monetary policy. It had been down 45 points before the minutes were released.54. Meador to direct Center for Biomedical Ethics and Society - Friday, March 02, 2012
Keith Meador, M.D., MPH, has been named director of the Center for Biomedical Ethics and Society at Vanderbilt University Medical Center.55. For car buyers, it's harder to end up with a lemon - Friday, February 17, 2012
DETROIT (AP) — Car shoppers today are less likely to end up with a lemon.
In the past five years, global competition has forced automakers to improve the quality and reliability of their vehicles — everything from inexpensive mini-cars to decked-out luxury SUVs.56. Lexus tops as survey finds more auto dependability - Friday, February 10, 2012
DETROIT (AP) — Lexus is the top performer in a survey of vehicle dependability released Wednesday, but most other brands also showed improvement in an industry that has reached historically high dependability levels.57. Super Bowl MVPs: Some ads on fire, others up in flames - Friday, February 10, 2012
Would you write a check for $116,000 for one second of TV airtime?
That was precisely the question Super Bowl advertisers faced this year. Thirty-second ads sold for a record $3.5 million, up a whopping 17 percent from last year.58. Retail sales weaken in Dec. but cap a record year - Friday, January 06, 2012
WASHINGTON (AP) — America's retailers enjoyed a record 2011 and their first $400 billion sales months ever. But the final month of the year was a dud.
Sales eked out a 0.1 percent increase in December, lifting sales to a seasonally adjusted $400.6 billion.59. Against business? GOP split on Romney's practices - Friday, January 06, 2012
WASHINGTON (AP) — What gives? Some of Mitt Romney's rivals are waging a fierce attack that you'd never think would come from the mouths of Republicans who claim Ronald Reagan as their hero. They're blasting the GOP front-runner for aggressive, wealth-creating business tactics.60. Americans bought more cars and trucks last year - Friday, December 30, 2011
DETROIT (AP) — Americans bought more cars and trucks last year, inspired by easier credit, an improved economy and the desire to replace aging vehicles that got them through the Great Recession.61. Stock market ends mixed a day after big gains - Friday, December 30, 2011
Stocks barely budged Wednesday, letting investors hold on to their gains from a strong opening to the year a day earlier.
Strong December sales boosted carmakers and specialty retailers. Banks, health care companies, and utilities fell slightly. But nothing moved much.62. China slaps anti-dumping duties on US-made cars - Friday, December 09, 2011
SHANGHAI (AP) — China has imposed duties on imports of some U.S.-made vehicles, claiming damage from foreign automakers due to dumping and subsidies in the latest round of trade friction between the two countries.63. US service firms expanded in Nov. at slower pace - Friday, December 02, 2011
WASHINGTON (AP) — U.S. service companies, which employ 90 percent of the U.S. work force, expanded at slower pace in November and a measure of employment fell sharply.
The Institute for Supply Management said Monday that its index of service sector activity dropped to 52 from 52.9 in October. Any reading above 50 indicates expansion. The service sector has grown for two straight years. But the reading was the lowest since January 2010.64. US auto sales look strong in November - Friday, December 02, 2011
DETROIT (AP) — People are finally replacing the cars and trucks they held on to during the economic slump, giving a boost to U.S. auto sales in November.
Chrysler, Ford and Nissan were among the companies reporting double-digit gains from last November, which is normally a lackluster month because of colder weather and holiday distractions. This November, buyers were lured by good deals, improving confidence in the economy and the need to trade in older cars.65. US auto sales look strong in November - Friday, November 25, 2011
DETROIT (AP) — People are finally replacing the cars and trucks they held onto during the economic slump, giving a boost to sales at Chrysler, GM and Nissan in November.
Chrysler's sales rose 45 percent from a year earlier, while GM's climbed 7 percent and Nissan's 19 percent. The three companies were among the first to report U.S. sales of new cars and trucks on Thursday.66. Chrysler posts $212M 3Q profit - Friday, October 28, 2011
DETROIT (AP) — Rising sales and higher prices helped push Chrysler Group LLC back into the black in the latest quarter, another sign that the once-troubled company is turning around under its new Italian management.67. Chrysler posts $212M 3Q profit - Friday, October 21, 2011
DETROIT (AP) — Rising sales and higher prices helped push Chrysler Group LLC back into the black in the latest quarter, another sign that the once-troubled company is turning around under its new Italian management.68. Majority of Ford workers supporting new contract - Friday, October 14, 2011
DETROIT (AP) — Workers at some of Ford Motor Co.'s largest local unions have approved a new labor contract with the company, making it likely that the four-year deal will be approved when voting finishes on Tuesday.69. Chrysler, United Auto Workers agree on contract - Friday, October 07, 2011
DETROIT (AP) — The last of Detroit's carmakers has reached a deal with the United Auto Workers union.
Chrysler Group LLC and negotiators for the UAW agreed on a new four-year contract early Wednesday that creates 2,100 new jobs. The company will also invest $4.5 billion in its plants under the deal, which covers 26,000 U.S. workers. No other details were immediately available. Chrysler's workers must still ratify the agreement.70. Ford to pay workers $6,000 bonus in new contract - Friday, September 30, 2011
DETROIT (AP) — Ford Motor Co. will pay its U.S. factory workers a $6,000 signing bonus and add thousands of U.S. factory jobs as part of a four-year contract deal reached Tuesday with the United Auto Workers union.71. Fiat to make Jeep SUV in Italy - Friday, September 30, 2011
ROME (AP) — Fiat said Monday it will produce Jeep SUVs at its Mirafiori factory in Turin from 2013 as it takes advantage of flexible work rules approved earlier this year by union rank-and-file.
The Italian automaker, which controls Chrysler, said the Turin plant will start being fitted with updated infrastructure next year to pave the way for the start of Jeep production in the second half of 2013.72. UAW says deal with GM creates or keeps 6,400 jobs - Friday, September 16, 2011
DETROIT (AP) — In exchange for an agreement to create 5,100 union jobs in the U.S., General Motors will hire thousands of less expensive employees and try to replace some longtime workers.
The offer is part of a tentative new contract between the automaker and United Auto Workers that union leaders recommended to their membership on Tuesday. Now, nearly 50,000 workers at GM must vote to accept or reject the four-year contract.73. UAW signs contract, Spring Hill to build two midsize GM cars - Friday, September 16, 2011
DETROIT (AP) - A new four-year contract deal between the United Auto Workers and General Motors Co. will add or keep 6,400 jobs in the U.S. with a $2.5 billion investment, the union said Tuesday.
Most workers won't get annual pay raises, but will get at least $12,500 in bonuses, profit-sharing and other payments over the life of the contract.74. GM, UAW agree on profit-sharing in new contract - Friday, September 16, 2011
DETROIT (AP) — The United Auto Workers union won $5,000 signing bonuses and the possibility of sweeter profit-sharing checks as part of a new four-year contract with General Motors Co., two people briefed on the talks said Saturday.75. Detroit Three, UAW extend contract, keep talking - Friday, September 16, 2011
DETROIT (AP) — Negotiations between General Motors, Chrysler and the United Auto Workers union carried on Thursday even though bargainers missed a deadline for agreeing on a new contract.
The union, which represents 111,000 workers at Detroit's carmakers, agreed to keep working under the old GM and Chrysler contracts, which expired Wednesday at 11:59 p.m. While missing a deadline could have brought a strike in past years, GM and Chrysler workers have limited ability to strike under the terms of their government bailout agreements.76. UAW extends Chrysler, GM contracts after deadline - Friday, September 09, 2011
DETROIT (AP) — The United Auto Workers union extended its contracts with General Motors Co. and Chrysler Group LLC early Thursday after failing to meet a deadline to reach a new agreement.77. Fiat, Chrysler CEO affirms goal of 6M cars a year - Friday, September 09, 2011
FRANKFURT (AP) — Fiat and Chrysler CEO Sergio Marchionne said Tuesday that the combined companies still aim to produce 6 million cars a year by 2014 despite the increased uncertainty in global financial markets.78. Chrysler reports 2Q loss due to bailout repayment - Friday, July 22, 2011
DETROIT (AP) — Chrysler retreated to a loss for the second quarter, but only because the expense of shedding its government debt erased what would have been a modest profit.
The company, just two years out of bankruptcy protection, maintained that there are healthy signs despite the loss. Its turnaround continues with a revamped lineup of cars and trucks that is drawing more customers to showrooms.79. US gov't ends Chrysler investment; Fiat ups stake - Friday, July 22, 2011
WASHINGTON (AP) — The U.S. government no longer owns a piece of Chrysler.
Italian automaker Fiat SpA paid $560 million for the government's remaining 98,000 shares of Chrysler Group LLC, the U.S. Treasury Department said Thursday. Fiat has run the company since it emerged from bankruptcy protection in 2009.80. GM, Ford June sales rise as gas prices fall - Friday, July 01, 2011
DETROIT (AP) — Falling gas prices brought truck buyers back to showrooms last month. Still, pump prices remained high enough that shoppers snapped up smaller cars as well.
Industry analysts expect overall U.S. sales to rise 13.5 percent from last June, to around 1.1 million cars and trucks. Automakers were reporting June sales throughout the day on Friday.81. Dealerships spruce up: Cappuccino while you wait? - Friday, July 01, 2011
DETROIT (AP) — Spending a Saturday afternoon at the typical car dealership is not exactly pampering yourself. Drab floors, battered furniture, weak coffee in a paper cup. And that's before the salesman abandons you for half an hour to "check with my manager."82. GM earns $3.2 billion in 1Q on higher sales - Friday, April 29, 2011
DETROIT (AP) — General Motors Co. reported its highest quarterly profit in more than a decade, helped by demand for fuel-efficient cars and a big gain from selling its stake in its former auto parts business.83. Fiat takes another step to fully control Chrysler - Friday, April 15, 2011
MILAN (AP) — Italian automaker Fiat is closing in on its goal of taking a majority stake and full control of Chrysler LLC by the end of the year, announcing a deal Thursday to buy another 16 percent share sooner than expected for $1.3 billion.84. UAW renews effort to organize southern auto plants - Friday, January 07, 2011
DETROIT (AP) — The United Auto Workers union is positioning itself as a car company partner rather than an adversary as it renews a campaign to sign up workers at U.S. plants owned by foreign-based car companies.