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General Motors Co.’s and Chrysler Group’s dealer cuts will erode the companies’ market share in small- and mid-sized markets, auto industry researcher David Cole said this week.

Tags: Auto Industry, Chrysler, Chrysler Dealer, Chrysler Group, David Cole, Feds, General Motors, General Motors Co., Market Share, Researcher, Sized Markets

General Motors Co.and#8217;s and Chrysler Groupand#8217;s dealer cuts will erode the companiesand#8217; market share in small- and mid-sized markets, auto industry researcher David Cole said this week.

Tags: Auto Industry, Chrysler, Chrysler Dealer, David Cole, Feds, General Motors, General Motors Co., Market Share, Researcher, Sized Markets

Ford Motor Co.’s U.S. factory workers moved a step closer late Friday to delivering a landslide rejection of proposed concessions while the UAW leadership said the union would not return to talks with the automaker until 2011.

Tags: Automaker, Concessions, datestring, Ford, Ford Motor, Ford Motor Co., Ford Uaw, Landslide, Leadership, Negotiations, New Ford, Rejection, United States

The UAW remains engaged in talks to persuade Fiat S.p.A. to reverse plans to shutter Chrysler plants scrapped in the U.S. automaker’s bankruptcy, a union executive said today.

Tags: Automaker, Bankruptcy, Chrysler, Fiat, Fiat S.p.A., Plants, Shutter, UAW, Union Executive, United States

The UAW has no plans to seek a new vote if workers reject a tentative agreement with Ford Motor Co., or to resume talks with the automaker, UAW President Ron Gettelfinger said Friday.

Tags: Automaker, Ford, Ford Motor, Ford Motor Co., New Deal, New Ford, President Ron, Ron Gettelfinger, Tentative Agreement, Uaw President, Vote

Ford Motor Co. intends to follow through with the closure of its St. Thomas, Ontario, assembly plant and commit to new investments under concessionary contract amendments agreed to today by the Canadian Auto Workers union.

Tags: Assembly Plant, Auto Workers Union, Canadian Auto Workers, Canadian Auto Workers Union, CAW, Closure, Contract Amendments, Ford, Ford Motor, Ford Motor Co., Investments, New Ford, Ontario, St Thomas Ontario, St. Thomas

Ford Motor Co. intends to follow through with the closure of its St. Thomas, Ontario, assembly plant and commit to new investments under concessionary contract amendments agreed to today by the Canadian Auto Workers union.

Tags: Assembly Plant, Auto Workers Union, Canadian Auto Workers, Canadian Auto Workers Union, CAW, Closure, Contract Amendments, Ford, Ford Motor, Ford Motor Co., Investments, New Ford, Ontario, Seal, secure new product, St Thomas Ontario, St. Thomas

Ford Motor Co. intends to follow through with the closure of its St. Thomas, Ontario, assembly plant and commit to new investments under concessionary contract amendments agreed to today by the Canadian Auto Workers union.

Tags: Assembly Plant, Auto Workers Union, Canadian Auto Workers, Canadian Auto Workers Union, CAW, Closure, Contract Amendments, Ford, Ford Motor, Ford Motor Co., Investments, New Ford, Ontario, Seals, St Thomas Ontario, St. Thomas

Ford Motor Co. intends to follow through with the closure of its St. Thomas, Ontario, assembly plant under concessionary contract amendments agreed to today by the Canadian Auto Workers union.

Tags: Assembly Plant, Auto Workers Union, Canadian Auto Workers, Canadian Auto Workers Union, Closure, Contract Amendments, Ford, Ford Ford Motor Co., Ford Motor, Ford Motor Co., Ontario, Pact, St Thomas Ontario, St. Thomas

With Ford Motor Co.’s U.S. hourly employees heading into a final weekend of voting on contract concessions, company CEO Alan Mulally said Friday that Ford needs to and#8220;get back to the patternand#8221; established by its crosstown rivals.

Tags: Alan Mulally, Company Ceo, Contract Concessions, Crosstown Rivals, Ford, Ford Motor, Ford Motor Co., UAW

Crossover production at General Motors Co. and Ford Motor Co. has been hard hit by an Indian parts shortage this month because those vehicles share the same six-speed automatic transmission.

Tags: Automatic Transmission, Crossover, Ford, Ford Motor, Ford Motor Co., Ford Parts, General Motors, Gm, Gm Parts

Frank Weber, the German-born engineer in charge of the Chevrolet Volt, is moving back to Germany to take a senior management role at Opel.

Tags: Chevrolet, Chevrolet Volt, Engineer, Frank Weber, Germany, Gm, Management Role, Moving, Opel, Senior Management

The October light-vehicle sales rate will pass 10 million units for the first time this year during a month that didnand#8217;t benefit from the summer cash-for-clunkers program, Ford Motor Co.and#8217;s U.S. sales chief said today.

Tags: 10 Million, Benefit From, Ford, Ford Motor, Ford Motor Co., Light Vehicle Sales, S Sales

General Motors Co.

Tags: Ceo, General Motors, General Motors Co., Gm, Gm Dealers, Lawmakers

Azure Dynamics Corp. has replaced SEV US Corp. as developer of the drivetrain for Ford Motor Co.’s battery-electric Transit Connect commercial van slated to launch next year, the automaker said today.

Tags: Automaker, Azure Dynamics Corp, Battery Electric, Developer, Drivetrain, Electric Transit, Ford, Ford Motor, Ford Motor Co., Ford Transit, SEV US Corp.

Azure Dynamics Corp. has replaced SEV US Corp. as developer of the drivetrain for Ford Motor Co.’s battery-electric Transit Connect commercial van slated to launch next year, the automaker said today.

Tags: Automaker, Azure Dynamics Corp, Battery Electric, Developer, Drivetrain, Electric Transit, Ford, Ford Motor, Ford Motor Co., Ford Transit, SEV US Corp.

Supplier Recticel Interiors North America LLC has filed for Chapter 11 bankruptcy protection as it attempts to revamp two money-losing contracts worth about 80 percent of its annual revenue.

Tags: America Llc, Chapter 11 Bankruptcy, Chapter 11 Bankruptcy Protection, Chapter 11 Supplier Recticel Interiors North America LLC, Contracts, Money, North America, Recticel

Belgian foam maker Recticel said today that two of its U.S. subsidiaries filed for Chapter 11 bankruptcy protection from creditors due to the crisis in the U.S. automotive market.

Tags: Automotive Market, Chapter 11 Bankruptcy, Chapter 11 Bankruptcy Protection, Creditors, foam maker, Recticel, Subsidiaries, United States

Belgian foam maker Recticel said today that two of its U.S. subsidiaries filed for Chapter 11 bankruptcy protection from creditors due to the crisis in the U.S. automotive market.

Tags: Automotive Market, Chapter 11 Bankruptcy, Chapter 11 Bankruptcy Protection, Creditors, File Bankruptcy, foam maker, Recticel, Subsidiaries, United States

General Motors Co.’s marketing chief Bob Lutz on Thursday donned his monogrammed helmet and put Cadillac’s 550-horsepower sedan through some warm-up laps at Monticello Motor Club in New York.

Tags: Bob Lutz, Cadillac, Chief Bob, General Motors, Helmet, Horsepower, Laps, Lutz General Motors Co., Marketing, Monticello, Monticello Motor Club, New York

General Motors Corp.’s vice chairman on Thursday donned his monogrammed helmet and put Cadillac’s 550-horsepower sedan through some warm-up laps at Monticello Motor Club in New York.

Tags: Caddy, Cadillac, General Motors, General Motors Corp, Gm, Gm Motors, Helmet, Horsepower, Laps, Lutz, Monticello, Vice Chairman

American Axle and Manufacturing Holdings Inc. posted its first quarterly profit in two years in the third quarter as the company improved its bottom line from lowered costs and retiree benefit cuts.

Tags: American Axle And Manufacturing, American Axle And Manufacturing Holdings, American Axle And Manufacturing Holdings Inc, Benefit Cuts, Bottom Line, Quarterly Profit, Retiree Benefit

Penske Automotive Group reported a 23 percent increase in third-quarter profit today and said it is open to lining up new distribution contracts now that its bid for GM’s Saturn has fallen through.

Tags: Automotive Group, Bid, Distribution Contracts, Distribution Deals, Gm, Gm Saturn, Penske, Penske Automotive Group, Quarter Profit, Saturn

Penske Automotive Group, the No. 2 U.S car dealership group by sales, reported a 23 percent increase in third quarter earnings today on cost-cutting and a boost from the U.S. government’s cash for clunkers program. Net income rose to $27.

Tags: Automotive Group, Car Dealership, car dealership group, Car Sales, Cost Cutting, Dealership Group, Driven, Net Income, Penske, Penske Automotive Group, Q3, Quarter Earnings, U.S. government, United States, USD

The House on Thursday passed a bill to raise limits on federally guaranteed loans to small businesses including auto dealerships to $3 million, putting pressure on the Senate to approve similar legislation.

Tags: Auto Dealerships, Guaranteed Loans, Legislation, Senate, Small Businesses, United States, USD