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UAW pres expects 15,000 workers to take GM buyout
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 estimates that about 15,000 will accept the offer. ... Read more →
Renault planning five new upscale models by 2010 Noah Joseph
Renault is planning to expand into the upscale market with five new models within the next three years, sources have confirmed. Previous ventures upmarket didn't turn out so well for the French ...
eBay Find of the Day: Bugatti Veyron Noah Joseph
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 ...
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UAW pres expects 15,000 workers to take GM buyout 1 year ago on Autoblog
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 ...
Renault planning five new upscale models by 2010 2 years ago on Autoblog
Renault is planning to expand into the upscale market with five new models within the next three years, sources have confirmed. Previous ventures upmarket didn't turn out so well for the French automaker, but it's determined to make another go of it with the hopes of cashing in on the market for ...
eBay Find of the Day: Bugatti Veyron 2 years ago on Autoblog
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 ...
Autoblog Podcast #156: Paukert comes back for more!
Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.
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