Honda Prepping Hybrid Fit?
2006 Detroit Auto Show Index by TCC Team (1/30/2006)
GM Files to Join
General Motors has filed a motion to secure a seat on Delphi Corp.'s creditors committee, claiming it is the partsmaker's largest unsecured creditor with a claim of more than $1.3 billion. Currently the UAW has a seat on the committee as well as the Pension Benefits Guaranty Corp. GM contended it needed to have a say in how the supplier was reorganized to ensure its own ability to remain viable. A hearing on the motion is scheduled for March 9 before U.S. Bankruptcy Judge Robert D. Drain for the Southern District of New York. Objections to the appointment must be filed by March 6. -Michael Strong
Sets Final UAW Deadline by Joseph Szczesny (2/20/2006)
Will there be a strike on March 30?
Schrembri Out at MitsubishiIn a surprise move, Mitsubishi Motors North America announced the resignations of Dave Schembri, executive vice president of sales and marketing, and Wayne Killen, vice president of marketing. Mitsubishi said they left to pursue other opportunities. However, Schrembri had joined only about a year ago and had succeeded in halting the slide in Mitsubishi sales and also in getting buzz going around the company's advertising and products. Schrembri could not be reached for comment. No replacements were named. For the present, the sales and marketing operations will be directed by president and CEO Hiroshi Harunari, Mitsubishi's official statement said. -Joe Szczesny
SAE Hoping Congress Will Get More Attention
The Society of Automotive Engineers is planning a comeback for
annual Congress & Exposition, which will be held in early April in
The annual SAE meeting has lost its luster in recent years, but for 2006 five
different manufacturers - General Motors, Ford, DaimlerChrysler,
For 2006, the technical sessions and educational seminars have been reorganized so that participants get a better chance to look at the displays on the Exposition floor inside Cobo Hall. In addition, the SAE has set up a series of private salons so suppliers can show off their ideas and components to customers without having competitors peering over their shoulders - one of the key reasons many suppliers had withdrawn from the SAE event in recent years.
Chalker said this year SAE is expecting more visitors from abroad due to the changing nature of the business, which is more global and international than it was only ten years ago.
Don Whitsitt, vice president with Aisin, a Japanese supplier that has a large
"The SAE meeting is one of the few venues in the world where we get a look under the skin of an automobile," said Robert Last of FEV, a German auto supplier.
Chalker also told the Automotive Press Association meeting in