Word: auto
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...With its auto sales down 12% in 2007, Ford Motor Co. is looking to cut 8,000 workers from its factory force by offering big buyouts. Chrysler and GM have announced similar moves, but Ford's options are the best of the bunch. Here are three of the 10 available proposals...
...kind of guy you wanted on your side of the table. Savvy, funny, easygoing and biting toward adversaries, Douglas Fraser, president of the United Auto Workers from 1977 to 1983, took on issues ranging from rising health costs to encroaching competition from Japanese carmakers and managed to win the respect of workers and Big Three executives alike. The UAW's deep concessions during the economically challenging years of his tenure angered many. But the Scottish-born labor leader, who got his start as a local leader in the '40s, won more than he lost, including landmark comprehensive health care...
...States has become nothing short of a divine birthright. It’s a universally accepted fact: Americans love their cars and would sooner sacrifice their firstborn than relinquish their entitlement to the family sedan. And naturally, many have lambasted for years the environmental destruction brought upon by this auto-centric culture. Yet as the U.S. continues to look for a balance between going green and the American dream, India has found its place amidst the controversy with its new initiative, the Tata Corporation’s Nano, also known as the “world’s cheapest...
Thus Thatcher will press more re forms on the labor unions, including legis lation that would require union leaders to stand for re-election every five years and allow union members to opt out of auto matically paying dues to the Labor Party Declining industries such as steel, coal and shipbuilding will be urged to up productivity and modernize facilities. Besides selling more state-owned companies, she will allow some private utilities to compete with public ones. And in her belief that "property induces responsibility in society," Thatcher plans to permit more tenants to buy their government-built homes. hatcher...
...above the British box. On Monday, the track issued a statement saying, "The Circuit de Catalunya will not allow even the smallest incident to repeat itself within its facilities, and new measures are currently being taken into consideration in addition to those implemented." Likewise, the Royal Federation of Spanish Auto racing sharply condemned the acts, noting that it has "zero tolerance" for hooligans...