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Workers and management at a Johnson Controls Inc. plant in Canada that makes parts for Chrysler minivans agreed on a new three-year labor deal, CBC News reported today. The Canadian Auto Workers Union and management reached a tentative agreement that will be subject to a ratification vote set for Sunday at 1 p.m. ET. 5:16 pm U.S. ET | Nov. 20 | UPDATED: 11/21/09 05:20 p.m. ET
Nearly two dozen members of the U.S. Senate sought answers today from General Motors and Chrysler on efforts to resolve complaints from dealers who lost business with the car companies. 5:00 pm U.S. ET | Nov. 20
Chrysler beefs up holiday incentives, marketing
Chrysler Group, seeking to boost sales after a dismal October, launched a major new incentive campaign today. Chrysler timed the announcement for this morning so dealers could place ads in their local media outlets over the weekend and ahead of the Thanksgiving holiday period. The incentives take effect today and run through Jan. 4. 11:55 am U.S. ET | Nov. 20 | UPDATED: 11/20/09 3:45 p.m. ET
Electric carmaker Tesla preparing IPO, sources say
Silicon Valley electric sports car maker Tesla Motors is planning to go public soon, two people familiar with the situation said, outlining plans to sell stock and cash i ...
Toyota must submit data on rusting Tundras
Already facing a number of quality-related problems, Toyota Motor Corp. must submit information to the National Highway Traffic Safety Administration today in response to ...
SS safe for Chevy under Reuss's watch
Chevrolet's SS performance designation will survive, Mark Reuss, GM vice president of global engineering, told AutoWeek. In fact, Reuss envisions cars outfitted wi ...
Acura ZDX hatchback will start at $46,305
Acura will start pricing for its new 2010 ZDX five-door hatchback at $46,305, including delivery charges. The vehicle, based on Acura’s MDX crossover platform, goes ...
Chrysler could lose 100 more dealerships
More than 100 Chrysler dealerships face possible closure if they cannot reach new financing deals with GMAC Financial Services or another lender, people involved in the p ...
Fiat cannot keep all Italy plants open
Fiat S.p.A. may have to close factories in Italy, given sharp falls in auto sales which have changed the sector dramatically, CEO Sergio Marchionne said today. Keeping a ...
Ford to invest $2.3 billion in Brazil
Ford Motor Co. plans to invest 4 billion reais ($2.26 billion) in Brazil to boost output as record-low borrowing costs and a recovery in Latin America's largest economy s ...
VW to invest $29.5 billion in 2010 to 2012
VW plans automotive capital expenditure of around 19.9 billion euros ($29.55 billion) in the coming three years, half of it in Germany alone, VW said. Roughly 13.3 billio ...
NOVEMBER U.S. AUTO SALES
GM says U.S. share may rise for 4th straight month
General Motors Co.'s U.S. market share may rise for the fourth straight month in November, the automaker's chief sales analyst said today. Mike DiGiovanni, executive dire ...
