2 Articles
Latest UAW proposal could hold the key to Delphi's restructuring

Delphi had given the UAW two different proposals, neither of which the UAW felt it could take to its membership. The UAW's counterproposal on wages and benefits was only ten pages long, but is so complicated that it will take a while yet for Delphi to really sort out what it really means. Coming to an agreement with the UAW is essential for Delphi to emerge from bankruptcy as a recapitalized company. However, the UAW knows that if it gives any more concessions to Delphi, the big three automak

Diesels coming Mitsubishi's way via PSA Peugeot Citron

Mitsubishi Motors Corporation and PSA Peugeot Citroën have announced that they have signed an agreement that will see PSA Peugeot Citroën supplying Mitsubishi with diesel engines. The agreement is an extension of an existing arrangement struck between the companies last year to develop a new SUV platform. We covered Mitsubishi's interest in entering the clean diesel market in our Dane Muldoon