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Friday, September 21, 2012

DAILY: NADA seeks more forceful chief | CAW pressures Chrysler to add jobs, match Ford, GM deals | VW eyes hike in U.S. advertising | Detroit automakers face crunch time in family sedan market

DAILY NEWSLETTER September 21, 2012
 
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NADA seeks bold leader who will 'lead more and follow less'
image The National Automobile Dealers Association is looking for a president who will take the trade group in a more forceful direction. ... >> story  Published: Sep 21 3:22 pm U.S. Eastern time
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Chrysler faces CAW pressure to add jobs, match GM, Ford deals
Detroit's smallest automaker takes hardest line against Canada labor costs
image Chrysler is under pressure to reach a contract deal with the Canadian Auto Workers or face a strike after the union reached a tentative agreement overnight with GM, leaving Chrysler the only Detroit Three automaker without a new labor deal in Canada. ... >> story  Published: Sep 21 12:01 pm U.S. Eastern time / UPDATED: 9/21/12 3:48 pm ET

GM, CAW reach tentative agreement on new labor pact
Deal adds, preserves 1,750 jobs, as well as future Impala output, union says
imageThe Canadian Auto Workers reached a tentative labor agreement with General Motors that the union said will secure new investment, preserve jobs and delay the shutdown of a major assembly line. ... >> story  Published: Sep 20 9:28 pm U.S. Eastern time / UPDATED: 9/21/12 7:40 am ET -- adds more detail


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James B. Treece is industry editor for Automotive News
Analyst sees profit problems in China
Automakers and suppliers will see their “excessive” profit margins in China decline from current levels, says an analyst at J.P. Morgan Securities' Tokyo office. And he names names, saying which Japanese companies are most exposed to China's problems. His report follows one by Standard & Poor's in May, which flagged the U.S. and European automotive companies with the greatest exposure to China. ... arrow Read the blog  Published: Sep 21 11:27 am U.S. Eastern time
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