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Breaking News: the White House Speaks on GM

Breaking News: the White House Speaks on GM

With the clock ticking down the hours until an expected General Motors bankruptcy, the White House will provide a preview of what’s to come, on Monday, during a Sunday evening background briefing.  TheDetroitBureau.com will be there and have the inside story at...
General Motors at the Eleventh Hour

General Motors at the Eleventh Hour

While neither General Motors Corporation nor the U.S. Treasury Department are commenting on events of this weekend, it appears that General Motors is still heading towards declaring bankruptcy on Monday, one of the only alternatives left open in its bid for survival....
Magna and Russians Land Opel

Magna and Russians Land Opel

With weakened U.S. auto giant General Motors now coming down to the wire with an anticipated bankruptcy filing on Monday, the automaker has agreed to sell a majority stake in its ailing European Opel subsidiary to a consortium led by Canadian super-supplier Magna...
Leno To Be Lauded

Leno To Be Lauded

Like most celebrities, Jay Leno has learned to smile politely and pen a quick autograph, but if you want to really get his attention, ask him about his car collection. The lantern-jawed comedian’s vast assemblage fills two hangars at the Burbank Airport and the...
UAW Gains in Small Car Fight

UAW Gains in Small Car Fight

The United Auto Workers has used its residual clout to force General Motors Corp. to build a new class of small, so-called “B-” class subcompact cars in the United States. UAW president Ron Gettelfinger said the union now has a firm commitment from General...
UAW Ratifies Revised GM Contract

UAW Ratifies Revised GM Contract

GM employees represented by the United Auto Workers Union have ratified the modifications to their National Labor Agreement. The amended agreement covers approximately 54,000 hourly employees located in 46 U.S. facilities. “The leadership demonstrated by UAW...
GM Now Says It Plans to Build a Small Car in U.S.

GM Now Says It Plans to Build a Small Car in U.S.

General Motors Corporation announced today that it plans to build a future small car in the United States in an idled UAW-GM plant. The unnamed small car will be built in an unnamed facility.  By making the announcement today, GM is clearly bowing to pressure from the...
UAW on Offensive over its part in GM Restructuring

UAW on Offensive over its part in GM Restructuring

The United Auto Workers Union yesterday told United States Representatives and Senators that recent news stories, editorials and op-eds about the restructuring plan at General Motors have a number of “inaccurate assertions” about the shares of equity in a...
Opel Bailout, Sale, Threatened by Fiat Boycott

Opel Bailout, Sale, Threatened by Fiat Boycott

The increasingly complicated effort to save General Motors’ German-based Opel subsidiary ran into yet another snag, today, when Fiat, one of the two remaining bidders hoping to acquire a controlling chunk of Opel, decided to boycott a bailout meeting, in Berlin....
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