Ed Montgomery, the Obama administration's Director of Recovery for Auto Communities and Workers, aka "Car Czar," has announced the commitment of $25 million in stimulus…
Meridian Automotive Systems is shutting down its Shelbyville, Indiana factory, and putting 295 people on the street. The firm had previously announced layoffs of 200…
The General Motors bankruptcy and a nationwide culling of auto dealerships will put out of business 62 dealers in New Jersey alone, eliminating 3,900 jobs.…
The number of Americans currently receiving unemployment benefits rose to 6.6 million in April, the highest rate since record-keeping began in 1967. New jobless claims…
General Motors, which just shut down 1,100 dealerships, is preparing to cut thousands more salaried positions in North America. The firm cut 4,400 North American…
Auto parts manufacturer Metaldyne will close its plant in Middleville, Michigan, laying off 110 people. When the plant permanently shuts down on August 31st, 87…
Bankrupt Big Three automaker Chrysler will shut down 789 dealerships, about one-fourth of its sales locations. In December, then-President George W. Bush announced a $13.4…
Bankrupt automaker General Motors has notified the owners of 1,100 US dealerships that their franchise agreements will not be renewed when they expire in 2010.…
Ford Motor Company, one of the beleaguered "Big Three" automakers, will spend $550 million to upgrade a plant in Wayne, Michigan to manufacture compact and…
General Motors announced a nationwide staff reduction of 1,600 salaried positions today. Most of the layoffs will take effect this week, with the rest finished…