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Friday, September 07, 2012

DAILY: CAW sees constructive dialogue in auto talks | GM begins IT hiring binge with new center in Texas | Opel CFO says GM sticking by brand for long haul

DAILY NEWSLETTER September 7, 2012
 
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CAW sees 'constructive dialogue' in auto talks
image The Detroit 3 automakers want to avoid a strike and seem willing to engage in "constructive dialogue," the head of the CAW said today, two days after threatening to shut them down if the two sides... ... >> story  Published: Sep 7 3:50 pm U.S. Eastern time
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GM begins IT hiring binge with new center in Austin
image General Motors said today that it will hire 500 information-technology workers to staff a new center in Austin, Texas, an early step in GM’s plan to build out its own global IT infrastructure. ... >> story  Published: Sep 7 10:33 am U.S. Eastern time

Opel CFO says GM sticking by brand for long haul
imageGeneral Motors has the stamina to turn around its troubled European unit Opel and has already mapped out where it wants to take the brand in the next 10 years, new Opel CFO Michael Lohscheller said in his first interview since assuming the post one week ago. ... >> story  Published: Sep 7 10:00 am U.S. Eastern time [REG]
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    Blog
    Honda lusts after BMW bodies
    MARK RECHTIN: It is tacitly acknowledged by some in the industry that BMW's 3 series is the best sports sedan in the world. Want evidence? Why else would automaker product planners from Lexus to Cadillac to even Hyundai endlessly talk about creating a “3-series fighter?” ... arrow Read the blog  Published: Sep 7 1:39 pm U.S. Eastern time
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    Why Morgan Stanley's GM analysis matters
    Adam Jonas, the highly respected lead auto analyst at Morgan Stanley, said in a research note this week that General Motors needs to get rid of its Opel subsidiary. Here’s the irony: The guy who was assigned to fix GM’s European operations is GM Vice Chairman Steve Girsky, who himself was once the highly respected lead auto analyst at Morgan Stanley. ... arrow Read the blog  Published: Sep 7 1:15 pm U.S. Eastern time
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