In the grim days of 2009, America's auto industry, and the millions it employed, appeared to be teetering on the edge of the abyss. But since then, a frenzy of car buying and new fuel efficiency standards have brought thousands of jobs back to the exact parts of the country that most desperately need them. David... Read More »
Chrysler workers will be reaping the benefits of the automaker's turnaround. Four years after the Chrysler Group LLC was bailed out by the federal government, the company is awash in profits, reporting a 2012 net income of $1.7 billion, as was reported by AOL Autos.
And the company CEO announced Wednesday it... Read More »
Story updated on Sept. 21 at 10:15 am.
Two Chrysler workers are dead after a fight at the Jefferson North Assembly Plant in Detroit on Thursday morning, police said.
The incident began at around 7:55 a.m. Thursday when a male employee allegedly slit the throat of a coworker on the plant floor. Jeff Hunt was... Read More »
Now that the Republican and Democratic conventions are over, it's clear that both President Barack Obama and his GOP challenger, former Massachusetts Gov. Mitt Romney, are jockeying to be seen as the one who can lead America into prosperity.
And that means creating more jobs.
So for this week's roundup, AOL... Read More »
By Pete Bigelow, AOL Autos
Strengthened interest by consumers and government in fuel-efficient vehicles has accelerated job growth throughout the U.S. auto industry, according to a recent report by a consortium of environmental advocates.
The U.S. has added 236,600 jobs in the industry since June 2009, and... Read More »
By Tami Luhby
NEW YORK -- Many jobless claims workers in the state of Michigan will soon be filing for unemployment themselves.
About 400 state workers who process unemployment claims are losing their jobs, thanks to Michigan's improving economy. Read More »
By Christopher S. Rugaber and Tom Krisher
WASHINGTON (AP) -- The number of people seeking U.S. unemployment benefits plunged last week. But a big reason is that automakers have skipped some of their usual summer shutdowns to keep up with demand, causing fewer temporary auto layoffs.
Economists expect the... Read More »
By Jeff Karoub
DETROIT -- General Motors Co. plans to freeze its U.S. pension plan for longtime white-collar workers and give all salaried employees annual bonuses but not pay raises in an effort to hold down expenses, officials have announced.
The Detroit-based automaker said roughly 19,000 salaried... Read More »
For U.S. automakers, 2011 was a comeback year. General Motors Co., Ford Motor Co. and Chrysler Group not only sold more vehicles than they did in the previous year, they also continued to add jobs, contributing to a revival in manufacturing within an industry that was but given up for lost.
The latest... Read More »
By Ken Thomas
WASHINGTON (AP) -- President Barack Obama hailed the rebound of the U.S. auto industry on Tuesday, trumpeting an economic story he hopes to use to his political advantage in key Rust Belt states such as Michigan and Ohio. In a not-so-veiled shot at Republican presidential front-runner Mitt... Read More »
It's time for good news. The country added 200,000 jobs last month, according to government data. And it may create 1.7 million jobs this coming year, according to economists' estimates compiled by Blue Chip Economic Indicators. And manufacturing, one of the most weakened sectors of our economy, has recently... Read More »
By Tom Krisher
DETROIT (AP) -- After hitting a 30-year low in 2009, U.S. auto sales are poised for a second straight year of growth - the result of easier credit, low interest rates and pent-up demand for cars and trucks created by the Great Recession.
The sales forecast bodes well for the industry's... Read More »
By Bernie Woodall
(Reuters) - Workers at a key Ford Motor Co plant in Chicago overwhelmingly rejected a four-year contract proposed by the company and the United Auto Workers, a local union official said on Thursday. Read More »
By Tom Krisher and Dee-Ann Durbin
DETROIT (AP) -- Chrysler Group LLC and the United Auto Workers negotiators agreed on a new four-year contract early Wednesday that creates 2,100 new jobs.
Chrysler also will invest $4.5 billion in its plants under the deal, which covers 26,000 U.S. workers. Read More »
By Dee-Ann Durbin and Tom Krisher
DETROIT (AP) -- The union that once set the gold standard for American wages is giving up pay raises in exchange for a piece of the auto industry's profits and the promise of thousands of new jobs.
Under agreements struck with Ford and General Motors, most of the... Read More »
By Dee-Ann Durbin and Tom Krisher
DETROIT (AP) -- In exchange for an agreement to create 5,100 union jobs in the U.S., General Motors will hire thousands of less expensive employees and try to replace some longtime workers. Read More »
By Bernie Woodall
DETROIT -- The 750 hourly auto workers assembling Ford Motor Co's (F.N) small pickup truck at a Minnesota plant scheduled to close by year end are hoping for a miracle in the upcoming labor talks between their union and the U.S. automaker.
However, the members of United Auto Workers... Read More »