Autoblog http://www.autoblog.com Autoblog http://www.blogsmithmedia.com/www.autoblog.com/media/feedlogo.gif Autoblog http://www.autoblog.com en-us Copyright 2009 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Keep the receipt: Hyundai buyers can take back the car if laid off]]>http://www.autoblog.com/2009/01/04/keep-the-receipt-hyundai-buyers-can-take-back-the-car-if-laid-o/http://www.autoblog.com/2009/01/04/keep-the-receipt-hyundai-buyers-can-take-back-the-car-if-laid-o/http://www.autoblog.com/2009/01/04/keep-the-receipt-hyundai-buyers-can-take-back-the-car-if-laid-o/#commentsFiled under: , ,

If you need a new car but your job at the First National Bank of the City Federal isn't exactly guaranteed, Hyundai has an offer just for you.

The Hyundai Assurance Program gives buyers some peace of mind that if they lose their jobs during their first year of ownership, they won't have to pay back the full amount owed on their cars. Hyundai is teaming up with Walkaway USA to provide the 12 months of protection at no extra charge to buyers.

There are plenty of catches, though. Hyundai buyers must have made at least two payments on their new cars, be current on said payments, and their reasons for unemployment must fall under a list of common causes. The plan also only covers $7,500 worth of depreciation. In other words, if you beat the hell out of your Hyundai and your car's now worth $7,500 less than what you paid for it, you gotta come up with the rest. There's also probably a clause somewhere in there somewhere that also sticks the buyer for tag, title, taxes, fees, etc. etc.

Otherwise, drive your new Genesis for 11 months, re-enact Jack's Smirking Revenge from Fight Club and take the car back.

[Source: The Auto Channel]

Keep the receipt: Hyundai buyers can take back the car if laid off originally appeared on Autoblog on Sun, 04 Jan 2009 10:03:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>auto financingAutoFinancinghyundaiunemploymentSun, 04 Jan 2009 10:03:00 EST<![CDATA[Chrysler calls 1,000 employees back to work at Belvidere]]>http://www.autoblog.com/2006/03/14/chrysler-sends-1-000-employees-back-to-work-at-belvidere/http://www.autoblog.com/2006/03/14/chrysler-sends-1-000-employees-back-to-work-at-belvidere/http://www.autoblog.com/2006/03/14/chrysler-sends-1-000-employees-back-to-work-at-belvidere/#commentsFiled under:

Yesterday, 1,000 Chrysler plant workers who had been idled showed up for shifts at the company's Belvidere, IL plant where the new Dodge Caliber and upcoming Jeep Compass are made. About 360 workers were current Belvidere employees, while the rest came from Delaware, Alabama, Indiana and Ohio. The extra workers raise the plant's payroll from 1,650 to 2,650 and double its capacity.

Though some automakers seem to be laying off manual laborers left and right, it's been refreshing to report on other companies who've been bolstering their ranks as of late. In addition to Chrysler, Toyota and Subaru announced that their Indiana plant will be back up to full capacity when Camry production goes online, and Kia has recently revealed that it's setting up shop in Georgia.

[Source: Chrysler]

Chrysler calls 1,000 employees back to work at Belvidere originally appeared on Autoblog on Tue, 14 Mar 2006 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ChrysleremploymentlayoffsunemploymentTue, 14 Mar 2006 15:00:00 EST<![CDATA[Ford's 'Way Forward'? Not if the UAW has anything to say about it...]]>http://www.autoblog.com/2006/01/24/fords-way-forward-not-if-the-uaw-has-anything-to-say-about-i/http://www.autoblog.com/2006/01/24/fords-way-forward-not-if-the-uaw-has-anything-to-say-about-i/http://www.autoblog.com/2006/01/24/fords-way-forward-not-if-the-uaw-has-anything-to-say-about-i/#commentsFiled under:

The verdict on Ford's second crack at a turnaround plan this decade are coming in fast and furious from all the usual suspects, including magazine editors, stockholders, armchair quarterbacks, and of course, the United Auto Workers.

In fact, the UAW's response came as swiftly as a scorned party's rebuttal after a presidential State of the Union address. Likewise, the response proved equally predictable: They're peeved, and they're not going to go quietly into the unemployment lines:

"The UAW-represented workers affected by today's action are covered by the job security program and all other provisions and protections of the UAW-Ford National Agreement. Our union will rigorously enforce those programs."

Whether the union's actions in the coming months (and 2007's negotiations) will nobly protect their workforce or merely encourage and precipitate its eventual undoing remains to be seen.

Follow the link to read the UAW's complete response.

[Source: Newsday]

Ford's 'Way Forward'? Not if the UAW has anything to say about it... originally appeared on Autoblog on Tue, 24 Jan 2006 08:00:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>FordlayoffsrestructuringUAWunemploymentUnited Auto WorkersUnitedAutoWorkersWay ForwardWayForwardTue, 24 Jan 2006 08:00:00 EST