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REPORT: Largest American Axle plant to idle as work shifts to Mexico
Blaming the current economic conditions and still wounded from a near-fatal labor strike, Detroit-based auto supplier American Axle & Manufacturing Inc. will reportedly lay off at least 500 workers at its largest plant and send the remaining jobs south of the border to Mexico. This time last year, the manufacturer was embroiled in an ongoing UAW labor dispute. The strike crippled General Motors, eventually forcing the automaker to stop production on many of its popular trucks before American Axle reached terms with the union and ended the ... Read more →
GM to follow Ford and restructure its restructuring Michael Harley
Following a slew of labor problems including the American Axle strike that cost an estimated $2 billion, General Motors is restructuring to accommodate the declining U.S. auto market. Following the ...
GM lost 285,000 units to American Axle strike Michael Harley
With closure to the American Axle & Manufacturing Holdings strike in sight, General Motors is pushing forward to resume production at the idled and slowed plants -- assuming UAW members approve a ...
End of axle strike costs GM $218m Dan Roth
The UAW strike at American Axle has ground on for three months, but an agreement with the union was reached on Friday. General Motors had pledged $200 million dollars to help get things rolling again ...
American Axle proposes cuts and buyouts to end 11-week strike Michael Harley
When the UAW went on strike against American Axle & Manufacturing in late February, analysts expected a settlement within days. The supplier of axles, driveshafts, and other related components to ...
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GM offers up to $200 million to end American Axle strike 1 year ago on Autoblog
General Motors has been hit so hard by the ongoing American Axle strikes that it's stopped production of the GMC Yukon, Denali, Sierra heavy-duty regular and extended cab, its commercial-duty pickup and variants of Chevrolet trucks and Tahoes. All the while, the General is still negotiating with the ...
Chrysler looking to sell two axle plants, get leaner and meaner 1 year ago on Autoblog
Chrysler is looking to offload two of its axle plants in an effort to limit its in-house parts production. The automaker has already offered to sell both plants to American Axle & Manufacturing and Dana Corp. for $400 million, according to sources cited by the Wall Street Journal. Unfortunately ...
American Axle Strike: Two GM factories up, one GM factory down 1 year ago on Autoblog
The American Axle strike, now in its second month, is causing General Motors more than a few headaches. The parts shortage caused the General to nearly cease production of its highly profitable large trucks and SUVs, and shut down production in Oshawa, Ontario and Fort Wayne, Indiana. As of this ...
GM finds short-term solution to American Axle strike 1 year ago on Autoblog
The five week-old strike at American Axle is finally starting to wear on GM, and the General has decided to move a small but crucial parts contract over to rival supplier Dana to help get its truck plants moving again. The 30,000-unit prop shaft contract for light pickups is considered a small deal, ...
American Axle strike idles first GM passenger car plant 1 year ago on Autoblog
When the American Axle strike began, GM had a 106-day supply of pickup trucks on dealer lots, and even a month-long strike likely wouldn't have hurt the Detroit automaker. It has now been more than a month, the strike isn't any closer to ending, and now GM's car plants are joining its truck plants ...
GM: American Axle strike to slow down or stop 20 plants 1 year ago on Autoblog
The 10-day strike between American Axle & Manufacturing Holdings Inc. and the United Auto Workers union is now threatening to idle or partially shut down 13 more GM plants as early as Monday. Although talks are underway again, even a resolution over the weekend may mean closures as it takes time ...
Striking UAW and American Axle will sit down and talk today 1 year ago on Autoblog
The nine-day-old UAW strike on American Axle has already halted production at five GM plants and seven suppliers, and the two sides have yet to hit the bargaining table. That will change today, as both sides at least agree that they should be trying to reach an accord. The two sides are still far ...
American Axle strike causes GM to idle four truck plants 1 year ago on Autoblog
It turns out that the three-day inventory of parts that was stockpiled by OEM supplier American Axle is not nearly enough to weather a strike by the United Auto Workers union. The strike began early Wednesday, and though it's only Friday, General Motors is preparing to shut down its second, third ...
UAW strikes again! Targets American Axle after talks end 1 year ago on Autoblog
In a move that may threaten production at General Motors, the United Auto Workers union went on strike against American Axle & Manufacturing Holdings Inc. earlier today. The UAW work stoppage, the third called by the union within the past six months, centered around wages, benefits, and concerns ...
American Axle looks to shake loose "job bank" 3 years ago on Autoblog
American Axle Manufacturing (AAM), one of General Motors' main suppliers, isn't bankrupt,but it is feeling financial pain from the 1,100 workers that it is currently paying not to work. A grand total of $75 million is spent by AAM each year to maintain its share of the United Auto ...
Autoblog Podcast #154: Gobbling up the News
Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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