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Ford Praises Labor Agreement in Canada |
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Ford has reached agreement with the Canadian Auto Workers. The new pact will ensure continued production in Canada despite the falling US dollar. The workers agreed to wage cuts for new employees for the first three years. Ford will add 500 jobs in its Oakville plant. |
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Big Plans for Electric Cars from Renault-Nissan |
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CEO Carlos Ghosn says Renault-Nissan will lead in production of profitable all-electric vehicles. The vehicles will hit the U.S. in 2010, and in Israel and Denmark in 2011. A full range of electric vehicles should be available worldwide by 2012. |
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GM Besieged by Labor Problems |
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GM has been hit by numerous labor strikes and more are threatened. Its Fairfax factory near Kansas City, KS, which builds Chevrolet Malibu and Saturn Aura, is the latest to strike and potentially most damaging as hot-selling Malibu inventory is low. |
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Mike Pritchard, JM&A Group
Mike Pritchard has been promoted to business process integration vice president for JM&A Group. Since joining JM&A as director of sales planning and analysis in 2000, Pritchard has led the sales planning and analysis department. He has also worked with product development and operations. |
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Credit Unions Hold 16.9% of All Retail Auto Loans |
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