| Is the auto industry growing too fast to sustain itself |
Nov 6th, 2013 |
A Ford Escape model is shown moving down the assembly line at the Louisville Assembly Plant. Automakers have seen plenty of growth in the last few years, bouncing back from dismal sales during the recession. The growth is being touted as a positive by many in the sector, but it has taken place so quickly that theres actually a concern that the industry could outgrow its supply chain. Scot ...
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| UAW VP who led Chrysler rescue efforts retiring |
Nov 6th, 2013 |
DETROIT -- United Auto Workers unit Chrysler unit chief General Holiefield says he's retiring next year.UAW President Bob King says Chrysler wouldn't be around today if it hadn't been for Holiefield, who led the union's bargainers in talks with the company as it went through federal bankruptcy proceedings.A UAW-run health care trust for 130,000 Chrysler retirees still owns a ...
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| Holiefield to step down as UAW vice president |
Nov 6th, 2013 |
United Auto Workers Vice President General Holiefield will not seek re-election and will retire when his term ends in June, the union confirmed ...
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| VIDEO Car Thief Slams Into Four Cars While Fleeing Earlier Crash |
Nov 6th, 2013 |
A 19-year-old driving a stolen SUV rear-ended a taxi, then slammed into four cars fleeing the scene. Police said he was later arrested. (Credit: ...
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| United Auto Workers official to retire next year |
Nov 6th, 2013 |
DETROIT | Wed Nov 6, 2013 3:48pm EST DETROIT Nov 6 (Reuters) - General Holiefield, a United Auto Workers union vice president who represents blue-collar Chrysler Group LLC workers, plans to retire in June 2014, the UAW said on Wednesday. The announcement comes a day before union leaders propose a slate of candidates for the UAW's top offices. UAW members will elect new leadership in ...
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| Toyota Looking at Record Profit |
Nov 6th, 2013 |
Toyota Motor Corporation raised its annual profit forecast on Wednesday, closing in on records set before the Lehman crisis as the weaker yen and growing sales in a healthy U.S. market sharply boost earnings.The world's best-selling carmaker now expects 1.67 trillion yen ($16.95 billion) in net profit for the year ending in March 2014, compared with a previous forecast of 1.48 trillion ...
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| So Long Toyota FJ Cruiser |
Nov 6th, 2013 |
. Toyota, it seems, took a page from the latter playbook with the FJ Cruiser Trail Teams Ultimate Edition, which signals an end to the SUV's eight-model-year run. It hits dealerships in February 2014. Toyota will build just 2,500 Trail Teams Ultimate Editions, which the automaker calls the "toughest and most capable FJ ever." The trim sports its own paint -- a unique white grille ...
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| Beijing cuts car sales due to smog |
Nov 6th, 2013 |
Flying car takes step toward reality Regulators in China's smog-choked capital will slash new car sales in hopes of getting control of Beijing's notorious air pollution problem.Facing some of the worst smog ever in recent months, the city has already taken such steps as temporarily closing some of Beijing's traffic-packed freeways. Now, regulators will reduce the quota on the ...
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| News Summary Toyota profit jumps 70 percent |
Nov 6th, 2013 |
OH, WHAT A FEELING: Toyota's quarterly profit soared 70 percent, and the world's top-selling automaker raised its earnings forecast, as cost cuts and the weaker Japanese yen compensated for slightly weaker vehicle ...
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| Diaz Shifts Gears at Nissan |
Nov 6th, 2013 |
When Fred Diaz announced he was leaving Chrysler Group for Nissan North America in April, it took some in the industry by surprise. After all, Mr. Diaz had started his 24-year automotive career with Chrysler and rose up the ranks to become the CEO of the Ram Truck unit and lead the companys Mexico operations. So his move to Franklin, Tenn., to join Nissan was unexpected, but the change has ...
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