Toyota To Suspend Production For 11 Days
Jan 7th, 2009 · Toyota says it will suspend production at its Japanese plants for 11 days in February and March. This marks a stoppage of unprecedented scale for the automaker. We examine what it means.
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The Economy, Not Off Life-Support Yet *
Dec 31st, 2008 · Over the past year, the government has sent $100 billion in stimulus checks to taxpayers and bailed out Wall Street, banks and automakers. However, the economy still hasn't turned around. David Wessel, economics editor of The Wall Street Journal, talks with Steve Inskeep about why the economy isn't getting stronger.
Charities Brace Themselves Amid Big Three Woes
Dec 28th, 2008 · The struggles of the Big Three automakers are sending shock waves through the philanthropic community: The three companies gave a combined $116 million in charitable donations last year.
What Are The Prospects For Chrysler? *
Dec 23rd, 2008 · Chrysler was taken over by the private investment group Cerbrus Capital Management in 2007. Caught in the global economic slump, the automaker has continued to struggle. Will it survive?
Cutting Worker Costs Key To Automakers' Survival
Dec 23rd, 2008 · For decades, U.S. automakers have been paying more for the same hour of work than foreign manufacturers with plants in the U.S. If General Motors and Chrysler fail to cut those costs, they face bankruptcy, President Bush said in extending $17.4 billion in loans to Detroit.
UAW Hopes New Year Brings Better Bailout Deal *
Dec 23rd, 2008 · The United Auto Workers object to key terms of the Bush Administration's bailout of the automakers. Union President Ron Gettelfinger isn't shy about saying he will wait to work out a better deal with the Obama Administration. Some analysts say terms of the deal are squishy enough that it will be difficult to know whether the deal is being undermined.
More Help, New Hopes For Chrysler
Dec 20th, 2008 · Canada will join the U.S. in loaning billions of dollars to struggling automakers General Motors and Chrysler. But a worker at one Chrysler plant in Detroit remains optimistic, even as his plant shuts down for a month.
Automakers Face A Skeptical Audience
Dec 20th, 2008 · Before President Bush laid out his plan on Friday, automakers had pleaded with Congress not once, but twice before it fell to the White House. Lots of politicking went into getting the deal to where it is, and many members of Congress remain doubtful.
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