Tension with China

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Tension is rising as new technology is about to made available to the public. As electric cars become closer and closer to being made for public consumption, negotiations between America and China are becoming strained. According to an article from the Detroit Free Press, China is hoping, “Foreign automakers wanting to produce electric vehicles in […]

Ford Rumors Settled

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Mark Fields took the time last week to quiet some concerns about the rising pension numbers for Ford next year. At a Society of Automotive Analysts event, Fields addressed the statement made by Chris Ceraso that Ford’s earnings will be affected per share next year. Fields stated, “Our pension expense for 2011 will increase moderately. […]

Reflections

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Sometimes it takes a troubling experience to realize previously made mistakes. UAW President Bob King is no exception to this rule. After a near death experience, King is publicly reflecting on where the Union has gone wrong over the past years. According to an article on freep.com, King “acknowledged that the union failed to anticipate […]

Volkswagen Moves Forward

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Volkswagen has made an ambitious goal public, and they seem on the right track to achieve it. After announcing plans to be one of the largest automakers in the United States by 2018, Volkswagen is making the right moves to get there. VW announced plans to open a $550 million engine production plant in Mexico, […]

Chrysler Crisis

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Chrysler has had one bad week for press. The car company just announced the suspension of a group of plant workers who were caught getting inebriated during lunch breaks. The ten to twelve workers were busted by local Detroit television station WJBK-TV. Apparently, another worker noticed the behavior and tipped off the station. WJBK then […]

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