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    Report: GM may suggest pension buyouts to UAW

    General Motors CEO Dan Akerson said the company may offer buyouts to United Autos Workers members before it negotiates a new contract in 2015. "We can bring it up," Akerson said Tuesday before GM's annual meeting, according to The New York Times. "I'm not saying we're going to do it, but it's ...

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    Report: Marchionne says Chrysler has "no need" for pension buyouts

    According to an analyst, pension obligations for Ford at the end of 2011 totaled $74 billion, with $15.4 billion of that still being owed. To reduce that amount, Ford will be offering 98,000 current and former white-collar employees a lump-sum pension buyout. General Motors, whose $134 billion ...

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    Lutz: One of Big 3 will die, but not us

    While deftly avoiding the General Motors buyout of Chrysler issue, GM Vice Chairman Bob Lutz did say that he can see one of Detroit's Big 3 dying off in the not-too-distant future. Citing increased market pressures and too much capacity, he said in Geneva that present trends lead to only one ...

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    Should the Big Two become the Big One?

    The Big One -- that's an interesting thought. The Wall Street Journal has subscribed to the idea that two wrongs make a right, urging General Motors and Ford Motor Company to go in on it together to hopefully come out stronger in the end. The two would enjoy a 40 percent market share in North ...


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