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    Report: Ford paying $750 million just to close plant in Belgium
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    According to a report from Reuters, Ford is shelling out $750 million in a severance deal that will see the automaker close its facility in Genk, Belgium. The automaker reached this deal with the 4,000 hourly workers employed at the plant last week, which means the company will pay out an average ...

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    Official: Ford announces plan to close Belgian plant, restructure European manufacturing
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    The latest development in this ongoing saga that is the European economic crunch is word that Ford will shutter production of its Genk Assembly Plant in Belgium, eliminating some 4,300 positions. Ford could potentially reduce costs by $300 to $500 million annually as a resulting of closing the ...

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    Report: White collar salaries to overtake UAW labor costs next year
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    According to a top researcher, labor costs for salaried employees at Chrysler, Ford and General Motors will surpass those of workers represented by the United Auto Workers for the first time next year. A report in Automotive News says the calculation was performed by the Center for Automotive ...

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    Chrysler temporarily closing four plants in February
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    The Detroit Free Press is reporting the Chrysler LLC will close four of its assembly plants from February 9-13 due to "economic conditions". The four plants to be idled are in Brampton, Ontario; Sterling Heights, MI.; Belvidere, IL and Detroit. The Brampton plant builds the Chrysler 300, Dodge ...

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    Chrysler to shut down plants for a full month
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    It's no secret that Chrysler is in the fight of its life, and the Auburn Hills automaker is pulling out all the stops to keep the lights on -- even if it means closing the doors. Chrysler is shuttering all of its plants for one month, beginning December 19. In a short release to the media, Chrysler ...

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    Merry Christmas: Envoy, Trailblazer, 9-7X plant closing Dec. 23rd
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    Looks like that Moraine, Ohio plant that was going to be shut down next year is actually going to be shuttered on December 23rd, just in time for Christmas. This is the plant responsible for production of the GMC Envoy, Chevy Trailblazer and Saab 9-7X. The General had already slowed the plant to ...

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    Embattled Oshawa plant to get GM hybrid truck production, will still close in 2009
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    GM's Oshawa Truck plant has been slated for closure in 2009, but GM has announced that the embattled plant will still build the Silverado Two-Mode hybrid beginning later this year. The move was well received by the CAW, which hasn't exactly been playing nice with the General since it got word of ...

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    Tower Automotive workers accept pay cuts, save plants
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    Hourly workers at two Tower Automotive plants have voted to accept pay cuts that will ensure their plants remain open as the supplier struggles to emerge from bankruptcy. Tower had asked a judge for the power to cancel union contracts and cut workers as it saw fit, but the acceptance of wage ...

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    Take the money and run - GM employees opting for buyout
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    It looks like General Motors will have no problem meeting its goal of cutting 30,000 jobs in the U.S., according to United Autombile Workers president Ron Gettelfinger.With about a week to go before GM's employee buyout offer expires, about 25,000 UAW members have signed up (around 22 percent of ...

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