Sean Mcalinden News
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Michigan’s swift conversion to a right-to-work state has galvanized advocates of the law, who vow to seek similar legislation nationwide under the battle cry: “If it can happen in Michigan, it can happen anywhere.”
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When Enrique Pena Nieto becomes Mexico’s president tomorrow, he will be taking control of a country with more support from foreign investors than at any time in a decade.
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Toyota Motor Corp.’s plan to source cars from Mazda Motor Corp.’s Mexican plant starting in 2015 highlights global automakers’ growing reliance on the Latin American nation for quality production as well as lower costs.
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Nissan Motor Co., Mexico’s largest automaker, will consider the country along with the U.S. for a new North American factory to meet demand in both nations, Chief Executive Officer Carlos Ghosn said.
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The United Auto Workers will seek early contract settlements in talks with the U.S. automakers this year, breaking a pattern of brinksmanship that stretches at least four decades, two people familiar with the plan said.
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U.S. automakers will hire about 36,000 hourly and salaried workers by 2015 to meet rising demand, Sean McAlinden , chief economist for the Center for Automotive Research, said today.
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U.S. automakers may seek to start providing as much as 15 percent of union workers’ compensation in performance bonuses and lump-sum payments, emulating how their Japanese counterparts and salaried employees are paid.
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Three years after being rescued by a taxpayer bailout, General Motors last week announced some rather ambitious profit targets for 2012. But even if it meets these targets -- a big if -- taxpayers should not wait on one foot to recover their remaining “investment” in the company.
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The United Auto Workers membership rose 6 percent to 376,612 last year, the first gain in six years as U.S. automakers began hiring amid a recovery in sales.
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Almost a year after bankruptcies battered the U.S. auto industry, Detroit’s carmakers are up and running again, faster than government officials and analysts anticipated.
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