Posted by Reuters: Business News on February 1, 2012
DETROIT (Reuters) – U.S. automaker Chrysler Group LLC swung to a full-year net income of $183 million on Wednesday, and made the bold prediction that profit would be eight times higher in 2012, on strong sales in its main U.S. market.
Posted by Reuters: Business News on January 27, 2012
(Reuters) – Ford Motor Co is poised to report its biggest annual profit in 13 years on Friday after an accounting change that signals the No. 2 U.S. automaker’s belief it can remain profitable.
Posted by Reuters: Business News on January 19, 2012
(Reuters) – General Motors Co reclaimed its title as the world’s top selling automaker for the first time since 2007, after sales of more than 9 million vehicles globally in 2011.
Posted by Reuters: Business News on December 11, 2011
FRANKFURT (Reuters) – BMW plans to boost its U.S. sales by a quarter in the medium term, the head of the automaker’s U.S. business told a German magazine.
Posted by Reuters: Business News on December 8, 2011
(Reuters) – Ford Motor Co reinstated a dividend for the first time in five years on Thursday, with a quarterly payout of 5 cents per share that the automaker said it could sustain during any future downturn.
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Posted by Reuters: Business News on November 10, 2011
FRANKFURT (Reuters) – General Motors looks set for another bruising collision with the German government and labor unions after the U.S. automaker raised the prospect of further job cuts and plant closures at its ailing Opel subsidiary.
Posted by Reuters: Business News on October 19, 2011
DETROIT (Reuters) – Hourly workers represented by the United Auto Workers ratified a labor deal with Ford Motor Co on Wednesday, leaving Chrysler as the last U.S. automaker without a finalized contract.
Posted by Reuters: Business News on October 12, 2011
DETROIT (Reuters) – The United Auto Workers and Chrysler Group LLC reached a tentative four-year labor contract for the No. 3 U.S. automaker’s 26,000 hourly production workers, the UAW said on Wednesday.
Posted by Reuters: Business News on October 9, 2011
DETROIT/MONTREAL (Reuters) – The United Auto Workers union has summoned local officials representing some 26,000 Chrysler Group LLC workers to Detroit as contract talks with the No. 3 U.S. automaker near a turning point.
Posted by Reuters: Business News on September 28, 2011
DETROIT (Reuters) – Workers represented by the United Auto Workers union approved on Wednesday a four-year labor contract with General Motors Co, the first such deal for the top U.S. automaker since its 2009 bankruptcy.
