The Big Three and UAW are negotiating on a way to reduce ballooning healthcare costs by possibly creating a pool among the active workers at Ford, GM, and FCA US. UAW President Dennis Williams came up with the idea.
Sergio Marchionne is hinting that a hostile takeover attempt could be in the cards to get GM at least to consider a merger with FCA. He believes the combined companies could have earnings of $30 billion annually.
A lawsuit in US District Court alleges that vehicles with keyless ignitions are dangerous because people inadvertently leave their vehicles running. The owners are then at risk for carbon monoxide poisoning.