A misunderstanding over "no-strike" language in a proposed amendment to the United Auto Workers' contract with Ford Motor Co. has sparked a backlash from some workers who accuse union leaders of giving up their most potent negotiating tool.
Old Carco LLC, the estate of bankrupt Chrysler, is seeking court approval to sell the automaker's mothballed Newark, Del., SUV factory to the University of Delaware for $24.3 million.
General Motors Co.'s board of directors will review the latest developments in the protracted talks for the sale of its Adam Opel GmbH subsidiary on Nov. 3, the company said Friday.
Members of United Auto Workers Local 900, which represents workers at Ford Motor Co.'s Wayne Assembly and Michigan Assembly plants, have narrowly approved a deal reached between the union and the Dearborn automaker last week.
Late Thursday, the Treasury Department issued a statement emphasizing the company is still a going concern -- but didn't back away from its statement that Chrysler Financial would liquidate within 26 months.
Ford Motor Co.'s River Rouge complex has become a hotly contested battlefield as the United Auto Workers and union dissidents square off over proposed contract changes.
Volkswagen of America, a subsidiary of Volkswagen AG, said today that it had chosen Deutsch LA to be its new advertising agency of record for the United States.