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The pension plan covering 10,770 employees of bankrupt auto supplier Metaldyne Corp. has been taken over by the federal government’s Pension Benefit Guaranty Corp., the company said today.

Tags: Auto Supplier, bankrupt auto supplier, Federal Government, Feds, Metaldyne, Metaldyne Corp, Pension Benefit Guaranty, Pension Benefit Guaranty Corp, Pension Plan, Pensions

Delphi Corp. salaried retirees picketed outside General Motors’ headquarters today, hoping to spur the bankrupt automaker to assume payment of their pensions if Delphi emerges from its own Chapter 11 reorganization as planned.

Tags: Automaker, bankrupt automaker, Chapter 11 Reorganization, Delphi, Delphi Corp., General Motors, Gm, Gm Delphi, GM Delphi Corp., Gm Retirees, Pensions

Chrysler LLC on Monday slammed Indiana State Treasurer Richard Mourdock as making demands that would ultimately push the carmaker into liquidation — resulting in the loss of more than 4,000 jobs and 9,000 retiree pensions in Indiana alone.

Tags: Carmaker, Chrysler, Chrysler LLC, Indiana, Indiana State, Indiana State Treasurer, Jobs, Liquidation, Llc, Pensions, Richard Mourdock

Chrysler LLC on Monday slammed Indiana State Treasurer Richard Mourdock as making demands that would ultimately push the carmaker into liquidation — resulting in the loss of more than 4,000 jobs and 9,000 retiree pensions in Indiana alone.

Tags: Carmaker, Chrysler, Chrysler LLC, Indiana, Indiana State, Indiana State Treasurer, Jobs, Liquidation, Llc, Pensions, Richard Mourdock

The Canadian Auto Workers said today the government of Ontario was ducking its obligation to guarantee the pensions of retired General Motors workers in Canada.

Tags: Blasts, Canada, Canadian Auto Workers, General Motors, Gm, Gm Auto, Government Of Ontario, Government Ontario, Obligation, Ontario, Pensions