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GM forces extra vacation days on salaried workersGeneral Motors, looking to save every penny possible, announced yesterday that it will require salaried workers to take two extra vacation days in December - on top of the automaker’s two-week holiday shutdown. The automaker says that its headquarters and its manufacturing facilities will b... |
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Take a Load Off With Honda's Robo-LegsThe automaker develops a "walking assist device" that supports the body and eases the strain on joints, something it says could help factory workers during long shifts but might also increase the mobility of the elderly. ... |
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GM shares: 6-decade lowThe stock of General Motors plunged Monday to a six-decade low as investors worried that a federal government bailout of the embattled automaker could essentially wipe out the stakes of current shareholders. ... |
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F1 budgets off the chart, $4.3 million per pointFiled under: Motorsports, BMW, Honda, Mercedes-Benz, Toyota, Earnings/Financials, Ferrari, RenaultEver wonder how expensive it is for a manufacturer to compete in Formula 1 racing? Not surprisingly, it ain't cheap. Each of the successful teams spend hundreds of millions of dollars on their progra... |
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GM bailout push can't halt stock slideThe stock of General Motors plunged Monday to a six-decade low as investors worried that a federal government bailout of the embattled automaker could essentially wipe out the stakes of current shareholders. ... |
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Editorial: How to Give GM DOE Loans AND Protect Taxpayers[Another one from our anonymous bankruptcy lawyer.] I've had a look at the rules for the $25b Department of Energy (DOE) direct loans for development of advanced technology and manufacturing facilities. To qualify, an automaker must prove that it is solvent. Either that or it must meet one or mor... |
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