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Friday, October 24, 2008 ( change date )
Cuts signal deepening woes at GM
General Motors Corp.'s move to force out white-collar employees for the first time in about 20 years and cut benefits underscores the deepening problems facing the automaker.
Detnews.com Friday, October 24, 2008Asia brands prevail in reliability
Scion makes the most reliable vehicle today, according to consumer reports, and its best model is the subcompact xD.
Detnews.com Friday, October 24, 2008Johnson Controls' fourth-quarter earnings drop 97%
NEW YORK -- Johnson Controls Inc., which makes building and automobile systems, said Thursday its fiscal fourth-quarter profit was nearly wiped out by charges related to job cuts and other restructuring costs during the quarter.
Detnews.com Friday, October 24, 2008Peugeot-Citroen sees 'massive' production cuts
PARIS -- PSA Peugeot-Citroen on Friday slashed its full-year targets and announced "massive" production cuts after third-quarter revenue shrank 5.2 percent.
Detnews.com Friday, October 24, 2008Volkswagen's nine-month sales rise 3.9 percent
FRANKFURT, Germany -- Volkswagen AG, europe's biggest automaker, said Friday its worldwide sales rose 3.9 percent through September as a slowdown in new car buying in western europe was offset by gains in China, Brazil and eastern europe.
Detnews.com Friday, October 24, 2008Chrysler to cut 25 percent of salaried work force
WASHINGTON -- Chrysler LLC plans to cut 25 percent of its salaried work force by Jan. 1, with some involuntary layoffs, Michigan congressional aides briefed on the matter said.
Detnews.com Friday, October 24, 2008Support Repair Shops That Support Community
The Haunted Repair Shop -- It goes without saying that I'd like you to repair your own car or truck whenever possible, even if it just means replacing your spark...
About.com Friday, October 24, 2008Detroit student accused of stealing, crashing school bus
DETROIT -- Two Detroit Public Schools staffers nabbed an 18-year-old special-needs student they say stole a bus and crashed it on the city's east side this morning.
Detnews.com Friday, October 24, 2008Australia to charge into a cleaner future
A US firm plans to build a $1-billion charging network to power battery cars in Australia as that country seeks cleaner and cheaper alternatives to petrol.
Motoring.co.za Friday, October 24, 2008More buyouts will not help automakers shed more workers, Gettelfinger says
DETROIT -- United Auto Workers president Ron Gettelfinger said he didn't think another round of buyouts would help automakers shed more of their hourly workforce but he deflected a question on whether the union is considering re-opening the landmark national labor contracts signed last year with the Detroit Big Three automakers.
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