General Motors and its lawyers say the company isn't responsible for design flaws or defects caused by "Old GM," which refers to the pre-bankruptcy company General Motors Corp. (now known as Motors Liquidation Co.).
28 workers at the Lordstown, Ohio Chevrolet plant are suing General Motors and the UAW after they claim they were wrongfully classified as temporary employees. According to the workers' complaint, they were paid 40 percent less than their permanent counterparts. The suit also accuses UAW Local 1112 of ignoring their complaints and refusing to go to bat for them.
Once you have cut everyone, who is left to cut? That's the problem facing GM, according to UAW President Ron Gettelfinger. The General has already harvested the low hanging fruit with previous buyouts, but they're embarking on another round to try and further reduce labor costs. We've already covered the specifics of GM's latest buyout offer that attempts to sweeten the enticement to leave so that cheaper labor can be brought in. The new offer was made to 74,000 employees, and Gettelfinger estim
An example of the biblically powerful and epically fast Bugatti Veyron is up for grabs on eBay Motors, selling out of Frankfurt, Germany. With bidding starting at $1,675,000 and a Buy-It-Now price at $1,680,000 – a hefty markup over MSRP – it should come as no surprise that the supercar has yet to find a buyer.
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