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Delphi, UAW Brace For Collision
Delphi Corp. and the United Auto Workers appeared to be
on collision course as the union flatly rejected the company's latest contract
proposal, which would have reduced by 18 percent the compensation of
The proposal,
blasted by the union, also had not been approved by GM. Under the terms of the
deal, GM would have had to underwrite a one-time $50,000 payment to
It is very likely
now that
Meanwhile, the UAW
is looking at its options, which include withdrawing from the talks and holding
a strike authorization vote among
Analysts have warned
that a strike could force GM,
Delphi Deadline Draws Near (3/26/2006)
Will
March 30 bring strikes or settlements?
GM To Sell Isuzu Stake
GM
and Isuzu are in discussions to figure out how the world's biggest automaker can
dispose of its stake in the Japanese truckmaker. GM says it wants to sell its
interest in Isuzu Motors Ltd., which now equals about 7.9 percent of the
Japanese company's shares. GM has approached two Japanese financial institutions
about taking on its share of the company, which has all but disappeared from the
GM: Turnaround Is Working
(3/26/2006)
Company says new pricing plan, cuts are righting the ship despite
looming engineering cuts.
New Fuel-Econ Rules to Boost Truck Mileage
After months of evaluating new mileage proposals, the Department of Transportation has set higher fuel-economy levels for light trucks and SUVs beginning in 2008. The new rules will raise the Corporate Average Fuel Economy (CAFE) for trucks from 21.6 mpg today to 24 mpg by 2011. By then the CAFE rules will also include SUVs weighing up to 10,000 pounds, which will add vehicles like the HUMMER H2 and the biggest Chevy Suburbans to the fuel-economy rules for the first time. The new rules could save up to 10.7 billion gallons of fuel over the lifetime of the affected vehicles, and could cost up to $200 per vehicle in technology needed to boost fuel economy in those vehicles. Passenger cars will continue to be held to a 27.5-mpg fleet average.
Suzuki
Brings XL7, SX4 to
Suzuki
confirms that the new XL7 sport-ute is coming to April's
2006 New York Auto Show
Preview (3/26/2006)
For
the capital of the world, some global introductions.

FROM THE SOURCE headlines from the latest press releases
Ford Names Nick Smither, VP & CIO


Name | Symbol | Last | Change |
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Autobytel, Inc. | ABTL | 4.84 | |
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Autoliv Inc. | ALV | 57.00 | |
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AutoNation Inc. | AN | 21.40 | |
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ArvinMeritor Inc. | ARM | 15.22 | |
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American Axle & Mfr. Holdings Inc. | AXL | 17.76 | |
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Ballard Power Systems Inc. | BLDP | 6.85 | |
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BorgWarner Inc. | BWA | 60.81 | |
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Cummins Inc. | CMI | 105.15 | |
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Dana Corporation | DCN | 0.66 | |
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DaimlerChrysler AG (ADR) | DCX | 56.98 | |
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Dura Automotive Systems | DRRA | 2.20 | |
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Eaton Corporation | ETN | 71.86 | |
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Ford Motor Company | F | 8.26 | |
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General Motors Corporation | GM | 22.15 | |
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Gentex Corporation | GNTX | 17.29 | |
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Goodyear Tire & Rubber | GT | 14.20 | |
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Honda Motor Co. Ltd. (ADR) | HMC | 31.63 | |
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Johnson Controls Inc. | JCI | 76.64 | |
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Lear Corporation | LEA | 18.49 | |
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Magna International Inc. | MGA | 76.00 | |
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Motorola Inc. | MOT | 22.78 | |
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Nissan Motor Co. Ltd. (ADR) | NSANY | 23.85 | |
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Sonic Automotive Inc. | SAH | 27.87 | |
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Siemens AG | SI | 91.90 | |
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Sirius Satellite Radio | SIRI | 4.99 | |
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Toyota Motor Corporation (ADR) | TM | 109.26 | |
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TRW Automotive Holdings | TRW | 23.72 | |
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Tower Automotive Inc. | TWRAQ.PK | 0.105 | |
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United Auto Group Inc. | UAG | 42.57 | |
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Visteon Corporation | VC | 4.71 | |
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XM Satellite Radio Hold. | XMSR | 21.80 |
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