16 Articles
Report: Currency fluctuations put plans for U.S. Audi plant on hold

The global economy is currently doing its best impression of your uncle Larry's waterbed on a Friday night, and while that means you can get a swinging deal on a vacation to Greece right now, it also means the value of currencies around the planet are all over the map. Few manufacturers know that better than Audi. The company has just announced that it has suspended plans to build a U.S.-specific model here in the States. Originally, Audi had toy

Next Volkswagen Passat could be built Stateside

Following-up on last week's announcement that Volkswagen was looking at Alabama for a new manufacturing facility, the German automaker's management board is expected to make their final recommendation today. Following that announcement, Volkswagen's supervisory board, headed by former VW group CEO Ferdinand Piech, will make its decision by tomorrow. Whether Huntsville, Ala

Nissan offering voluntary buyouts to all Tennessee plant workers

Word has just come across the wire that Nissan will be offering a "voluntary transition program" to all of its hourly employees working in either its Smyrna or Dechard manufacturing plants in Tennessee. These are effectively buyouts, which can net an hourly worker a lump sum of $45,000 and a bonus $500 for each year of service. It's certainly not the sweet deal offered to members of the UAW who work for General Motors and Ford, but the offer could help Nissan reduce the rank and file of its rela

GM investing $225 million to save ex-Saturn plant

We're not sure what's going to be produced there, but GM is investing $225 million in their Spring Hill, Tennessee Saturn plant. The Ion and Vue are currently built in Spring Hill, but production of those vehicles will be ceasing in March 2007. Once the plant is cleared of vehicles, the paint shop will go under the knife and be renovated for future vehicle production. The goal of the paint shop upgrades is to accomodate any size vehicle GM plans to build. These plans hinge on GM securing incenti