Daily Edition TCC WJR
Daily Edition TCC WJREnlarge Photo
TCC'S DAILY EDITION: August 22, 2003
Caddy Escalade Has Highest Theft Rate
2002 Cadillac EscaladeEnlarge Photo
Cadillac May Build Euro-Specific Model
subscribeCadillac may build a new compact sedan aimed squarely at wooing European customers weaned on BMW 3-Series and Benz C-Class sedans. Automotive News reports that the vehicle would be smaller than today’s CTS and positioned against the German titans. It could be ready in three or four years, the report indicates, and could bolster Caddy’s efforts to get a foothold in Europe, where It currently sells the Seville and CTS.
Spy Shots: '05 Cadillac STS by Hans Lehmann/Hidden Image (6/30/2003)
Replacing the Seville, one continent at a time.
GM Working Plants Overtime Over Blackout
General Motors will run some plants overtime this weekend so that it can make up for time lost to last week’s blackout. Reuters reports that 15 of GM’s 30 plants in North America will work overtime to recover lost production. The blackout of the east coast included southeast Michigan, and nine of GM’s plants were directly affected by the power outages. GM has resumed production across its network, though it did slow down builds in Ontario in response to a Canadian request that manufacturers move slowly to ramp up to prior power usage. GM has Ontario’s permission to run its plants overtime this weekend, a spokesperson told the news service.
Deal Close for Goodyear, Union
Goodyear is closing in on a new labor contract with its unionized work force, according to wire reports. The company is bargaining with the United Steelworkers of America on a new three-year contract that could help the company avoid a deeper financial crisis. The company has been fighting high production costs and has failed to capitalize on Bridgestone’s weakness during the Firestone recall of 2000. Goodyear is seeking labor force and cost cuts from its pool of 19,000 employees and fourteen U.S. plants. Union employees must accept the tentative agreement, which could be presented to them in a matter of days, Reuters reports.
UAW Tries Southern Union Gambit by Joseph Szczesny (8/11/2003)
Mass transfers of UAWers into Alabama and Georgia could be the union’s ticket to organizing southern auto plants.
Goodyear Closing Shop in Alabama?
As Goodyear tries to reach a new work agreemet with its union work force, the company’s Alabama tire factory may be on the chopping block. The Huntsvile, Ala., tire factory could be shuttered and 1100 jobs axed if the union agrees to a tentative pact with the United Steelworkers of America. The company and the union have been negotiating for five months on a new work agreement. The Alabama plant manufactures Dunlop tires.