Entries tagged "UAW"
As expected, venture funded Fisker Automotive announced the purchase of a production facility in Wilmington, Del., from the old General Motors.
Among GM's largest unsecured creditors are surprisingly Warburg Pincus and Sun Capital Partners.
Reports about GM's plans to sell Chinese-made cars in the U.S. show the UAW, which largely went along with the restructuring of Chrysler, is gearing up for a fight when it comes to GM.
Hours after Republican senators made the rounds trying to explain why the auto bailout failed, the head of the United Auto Workers, Ron Gettelfinger, lashed out at Republican senators for what he felt were unreasonable demands and called on the White House to act to prevent an industry collapse. ...
