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    GM Korea, Auto Union Reach Tentative Wage Agreement To Avoid Bankruptcy

GM Korea, Auto Union Reach Tentative Wage Agreement To Avoid Bankruptcy

GM Korea was on the verge of filing for bankruptcy.
By |April 23rd, 2018|Article Type, Asia, Bailout, Business, Configuration, Downsizing, Financial, GM employment, Korea, Market, Negotiations, News, Planning, Production, Production work, Report|Comments Off on GM Korea, Auto Union Reach Tentative Wage Agreement To Avoid Bankruptcy|
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    PSA Excludes German Sites From European Investment Plan, Labor Leaders Fear Job Cuts

PSA Excludes German Sites From European Investment Plan, Labor Leaders Fear Job Cuts

Opel's Eisenach plant fears its workforce could be halved.
By |April 20th, 2018|Article Type, Business, Configuration, Efficiency, Europe, Financial, Germany, GM employment, Market, Negotiations, News, Opel - Vauxhall, Production, Profitability, Report, Union|Comments Off on PSA Excludes German Sites From European Investment Plan, Labor Leaders Fear Job Cuts|
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    Ohio Senator Pens Scathing Letter To GM CEO Over Lordstown Job Cuts

Ohio Senator Pens Scathing Letter To GM CEO Over Lordstown Job Cuts

Senator Sherrod Brown demanded answers over why GM hasn't invested in the Lordstown facility.
By |April 18th, 2018|Article Type, Business, Chevrolet, Cruze, GM employment, GM Facilities, Job Cuts, Lordstown - Ohio - USA, Manufacturing Facilities, News, Politics, Production, Report, Shift, Shut down|Comments Off on Ohio Senator Pens Scathing Letter To GM CEO Over Lordstown Job Cuts|
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    GM To Cut Second Shift At Lordstown Plant Taking Up To 1,500 Jobs With It

GM To Cut Second Shift At Lordstown Plant Taking Up To 1,500 Jobs With It

The plant solely builds the Chevrolet Cruze.
By |April 16th, 2018|Article Type, Chevrolet, Cruze, GM Facilities, Lordstown - Ohio - USA, Manufacturing Facilities, News, Production, Report, Shift, Shut down|Comments Off on GM To Cut Second Shift At Lordstown Plant Taking Up To 1,500 Jobs With It|

It’s Looking Increasingly Likely That GM Korea Will Fold

Some analysts believe even investments and a debt-to-equity swap won't be enough.
By |April 13th, 2018|Article Type, Asia, Business, Decisions, Korea, Market, News, Production, Report, Shut down|Comments Off on It’s Looking Increasingly Likely That GM Korea Will Fold|
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    South Korean Public Lacks Sympathy For Auto Union Amid GM Turmoil

South Korean Public Lacks Sympathy For Auto Union Amid GM Turmoil

The union has often been criticized for its militantism and labor practices.
By |April 10th, 2018|Article Type, Asia, Business, GM employment, Korea, Market, Negotiations, News, Production, Protest, Report, Shut down, Union|Comments Off on South Korean Public Lacks Sympathy For Auto Union Amid GM Turmoil|

Like GM, Ford Also May Plan To Trim Passenger Car Portfolio

Ford may kill off the Taurus and Fiesta in the United States.
By |April 6th, 2018|Article Type, Competition, Ford, Future product, News, Production, Report, Rumor, Shut down|Comments Off on Like GM, Ford Also May Plan To Trim Passenger Car Portfolio|
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    South Korean Union Members Storm Executive Offices Follow No Bonus Payments

South Korean Union Members Storm Executive Offices Follow No Bonus Payments

GM Korea agreed to the bonus payments last year, but the company could not pay them out.
By |April 6th, 2018|Article Type, Asia, Business, GM employment, Korea, Market, Negotiations, News, Production, Production work, Report, Shut down, Union|Comments Off on South Korean Union Members Storm Executive Offices Follow No Bonus Payments|
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    Gunsan, South Korea Declared “Industrial Crisis” Zone Amid GM Plant Closure

Gunsan, South Korea Declared “Industrial Crisis” Zone Amid GM Plant Closure

The move will provide more financial support to business affected by the GM plant closure.
By |April 5th, 2018|Article Type, Asia, Business, Decisions, Government, Industry, Korea, Market, News, Production, Report|Comments Off on Gunsan, South Korea Declared “Industrial Crisis” Zone Amid GM Plant Closure|
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    Gunsan, South Korea Declared “Industrial Crisis” Zone Amid GM Plant Closure

Gunsan, South Korea Declared “Industrial Crisis” Zone Amid GM Plant Closure

The move will provide more financial support to business affected by the GM plant closure.
By |April 5th, 2018|Article Type, Asia, Business, Decisions, Government, Industry, Korea, Market, News, Production, Report|Comments Off on Gunsan, South Korea Declared “Industrial Crisis” Zone Amid GM Plant Closure|
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