October 1, 1994 |
Since July, ordinary drivers in Southern California have been commuting to work in cars powered by sophisticated battery-powered systems--and by all reports they like what they are driving. Less clear is whether they would be willing to pay as much as $25,000 for an electric car whose range is so limited that it is likely to be used only for driving around town or commuting. Still, more than three months into General Motor Corp.'
October 6, 1998 |
General Motors Corp. said its car and truck sales fell in September as it tried to recover from the summer's prolonged strikes, while Ford Motor Co. reported higher sales for the month. GM, the world's largest auto maker, said sales of cars and light trucks fell 3.2% last month, to 391,118 units from 404,133 in September 1997. Total vehicle sales, including heavy trucks, fell 3.1%. Ford, the No. 2 U.S. auto maker, said car and light-truck sales rose 4.
March 17, 1998 |
The Big 3 appear in danger of losing their Big Mo'. Stocks of the three major U.S. auto makers have surged in recent weeks, making them one of the market's strongest sectors so far this year. But judging by Wall Street's decidedly neutral stance toward the companies, investors might soon hit the brakes on the stocks' momentum.
June 15, 1987 |
They were supposed to reflect the change in thinking at General Motors. The new Chevrolet Corsica and Beretta mid-size models were meant to symbolize a fresh start, a new willingness by GM to lay aside its cookie-cutter and try a non-traditional approach to car design.
September 13, 1993 |
Negotiators for the United Auto Workers and Ford Motor Co. worked over the weekend to iron out differences over health care and pay scales, seeking a new contract agreement with two days left on the existing pact. The current three-year contract expires at midnight Tuesday. A new deal, covering 97,000 Ford workers, would set a pattern for union talks with General Motors Corp. and Chrysler Corp. Both Ford and the UAW expressed optimism Sunday that an agreement could be reached without a strike.
September 6, 1999 |
General Motors and DaimlerChrysler offered the United Auto Workers unprecedented lifetime employment guarantees as the companies vie for leadership in industry-contract talks, union officials said. GM, the world's largest auto maker, also offered to hire "significant" numbers of new workers in coming years and consider building new vehicle models in UAW factories, according to a contract proposed Thursday obtained by Bloomberg News.