Automotive Industry

After finishing contract negotiations with the big three, the UAW is turning it’s focus back onto president Bob King’s goal of organizing at least one non-union plant by the end of the year. Foreign automakers have so far resisted the idea of unionizing. But the UAW believes they have a shot. King said to reporters on a conference call that the union has set aside $60 million to achieve their goal. The plan is for the UAW to have organizers at dealers hand out leaflets and other informational m

Update: The case against the Mercedes Benz Executive has been dropped. One of the latest possible “illegals” has been arrested in Alabama for not carrying his driver’s license under the new anti-illegal immigration law. The problem? The suspect is also an executive manager for Mercedes Benz. From the AP: Prior to the new law, a person driving without a license would not be arrested, but instead received a ticket and a court summons. Mercedes Benz’s first U.S. assembly plant, built in 19

Back in 2007, the US Congress created the Advanced Technology Vehicle Manufacturing federal loan program to allow the US Government to loan out $25 billion to car manufacturers. The loans were created to help car manufacturers to retool factories and build more fuel-efficient vehicles. But those loans have been slowly trickling out. Only $9.2 of the $25 billion set aside has been used. Also, the program has been taking a long time to approve companies for loans. So far Ford, Nissan, Fisker, and