Picking at GM's plan
Evan Newmark at the Journal does just that and is not at all impressed."But the restructuring plan comes up short on the most fundamental question. Will this company actually make money? Just look at the details — or what details are lacking."
Dec 2, 2008 11:48 PM
Bridgestone cutting more than 150 jobs
The automotive industry's crisis wave has landed in La Vergne, where Bridgestone will lay off almost 10 percent of its work force. The company also leaves the door wide open for more cuts."Prior to making any final decisions and in the spirit of cooperation during these challenging economic times, the company stands ready to immediately begin discussions with the USW on what, if any, actions could be taken to continue consumer tire production at that facility. If, after these good faith discussions, the decision is made to cease most or all passenger and light truck tire production at the plant, the elimination of consumer tire manufacturing could occur on or before June 30, 2009. This action could result in the elimination of approximately 500 hourly and salaried jobs."
Dec 2, 2008 12:05 AM
Morning Links: 2 December 2008
Music venture wrapping up $30M round, scores of scientists moving to the Row, layoffs at Bridgestone, and more...
Dec 1, 2008 11:15 PM
The Journal on the 'other' U.S. auto industry
A primer and some good cocktail-party stats on the future of auto manufacturing in the United States from The Wall Street Journal's opinion team. Nov 30, 2008 11:33 PM
On second thought
After hearing from dealers, Nissan changes its mind about going to the Chicago Auto Show. Detroit? No chance. Nov 28, 2008 11:33 AM
It's too cold there this time of year
Fresh off unveiling three new models at the Los Angeles Auto Show, Nissan says it won't go to the Detroit and Chicago shows. Nov 25, 2008 12:02 AM
Morning Links: 25 November 2008
Home builder passes us over for back-office project, McLean creditors miss out on insurance proceeds, Nissan bails on auto shows, Genesco's Q3 falls short, and more...
Nov 24, 2008 11:02 PM
Mission accomplished
Nissan says its voluntary buyout program announced this summer has reached its goals. The company had wanted to trim 1,200 people from its payroll in Smyrna and Decherd. Nov 21, 2008 6:53 PM
Plugging in
Nissan is in talks with California's Sonoma County on supplying up to 50 electric vehicles to its agencies starting in 2010. Nov 21, 2008 2:06 PM
Spring Hill on good side of latest GM moves
Scheduled overtime to be reinstated
Nov 21, 2008 12:48 PM
