Jul 25, 2011
Ford profit dips for quarter, and Chrysler records a loss
Ford’s ambitious plans to grow in Asia took a toll on its second-quarter profit, with higher costs to design and sell new cars offsetting rising sales. Meanwhile, Chrysler retreated to a loss for the second quarter, but only because the expense of shedding its government debt erased what would have been a modest profit. Chrysler, just two years out of bankruptcy protection, maintained that there were... read more
Aug 13, 2010
Windsor minivan plant humming and hearing talk of new hiring
Business is so brisk for Chrysler’s Windsor Assembly Plant that CAW Local 444 president Rick Laporte hopes the company will do something next year it hasn’t done for a more than a decade — hire workers. The minivan plant, which just last year had its third shift, with 1,200 jobs, cancelled but then saved as Chrysler struggled for its very survival, has enjoyed surging demand. By the end of July it... read more
Aug 2, 2010
Chrysler: Sterling Heights plant stays open
Chrysler’s plan to keep a Sterling Heights assembly plant open and add nearly 900 jobs is more than a shot in the arm to workers who would fill the spots. It’s a sign the company is making a resurgence — something auto industry insiders said could boost confidence and lead to more work for suppliers. For Phil Leonard, plant manager at Punch Tech in Marysville, Chrysler’s... read more
