The Truth About Cars » Buyouts http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Sun, 01 May 2016 16:00:56 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 J.D. Power Bought by XIO Group; Deal Appears to Have High Initial Quality http://www.thetruthaboutcars.com/2016/04/j-d-power-bought-by-xio-group-deal-appears-to-have-high-initial-quality/ http://www.thetruthaboutcars.com/2016/04/j-d-power-bought-by-xio-group-deal-appears-to-have-high-initial-quality/#comments Sat, 16 Apr 2016 14:05:20 +0000 http://www.thetruthaboutcars.com/?p=1325762 J.D. Power and Associates is planning to put more of your possessions under the microscope, now that they’ve taken on new ownership in a deal worth $1.1 billion. Best known for its vehicle quality ratings, J.D. Power, a unit of McGraw Hill Financial Inc., was snapped up yesterday by London-based XIO Group, according to Reuters […]

The post J.D. Power Bought by XIO Group; Deal Appears to Have High Initial Quality appeared first on The Truth About Cars.

]]>
J.D. Power and Associates is planning to put more of your possessions under the microscope, now that they’ve taken on new ownership in a deal worth $1.1 billion. Best known for its vehicle quality ratings, J.D. Power, a unit of McGraw Hill Financial Inc., was snapped up yesterday by London-based XIO Group, according to Reuters […]

The post J.D. Power Bought by XIO Group; Deal Appears to Have High Initial Quality appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2016/04/j-d-power-bought-by-xio-group-deal-appears-to-have-high-initial-quality/feed/ 16
With Liabilities Looming, GM And UAW Agree To Pension Buyouts. But What About The Workers? http://www.thetruthaboutcars.com/2011/09/with-liabilities-looming-gm-and-uaw-agree-to-pension-buyouts-but-what-about-the-workers/ http://www.thetruthaboutcars.com/2011/09/with-liabilities-looming-gm-and-uaw-agree-to-pension-buyouts-but-what-about-the-workers/#comments Tue, 27 Sep 2011 19:27:45 +0000 http://www.thetruthaboutcars.com/?p=412732 One of the legacy costs that GM was not able to reduce in the bailout was pension costs, a whopping $128b obligation as of the end of 2010. And though the plan is “only” underfunded by $10.8b at the end of June according to GM,┬áKenneth Hackel, president of CT Capital LLC (and author of two […]

The post With Liabilities Looming, GM And UAW Agree To Pension Buyouts. But What About The Workers? appeared first on The Truth About Cars.

]]>
One of the legacy costs that GM was not able to reduce in the bailout was pension costs, a whopping $128b obligation as of the end of 2010. And though the plan is “only” underfunded by $10.8b at the end of June according to GM,┬áKenneth Hackel, president of CT Capital LLC (and author of two […]

The post With Liabilities Looming, GM And UAW Agree To Pension Buyouts. But What About The Workers? appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2011/09/with-liabilities-looming-gm-and-uaw-agree-to-pension-buyouts-but-what-about-the-workers/feed/ 24
GM To UAW: Take This Job And Keep It http://www.thetruthaboutcars.com/2010/05/gm-to-uaw-take-this-job-and-keep-it/ http://www.thetruthaboutcars.com/2010/05/gm-to-uaw-take-this-job-and-keep-it/#comments Wed, 19 May 2010 21:11:30 +0000 http://www.thetruthaboutcars.com/?p=356949 When the music finally stopped at Old GM, the UAW’s VEBA fund was left holding a lot of IOUs. On those merits, the union’s benefit trust was given about 17.5 percent of the equity in the bailed-out and re-organized New GM. UAW leadership has always maintained that having its membership’s benefits staked on the company’s […]

The post GM To UAW: Take This Job And Keep It appeared first on The Truth About Cars.

]]>
When the music finally stopped at Old GM, the UAW’s VEBA fund was left holding a lot of IOUs. On those merits, the union’s benefit trust was given about 17.5 percent of the equity in the bailed-out and re-organized New GM. UAW leadership has always maintained that having its membership’s benefits staked on the company’s […]

The post GM To UAW: Take This Job And Keep It appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2010/05/gm-to-uaw-take-this-job-and-keep-it/feed/ 6
Ford Brings Back Buyouts, Visteon Dumps Pensions on Public http://www.thetruthaboutcars.com/2009/12/ford-brings-back-buyouts-visteon-dumps-pensions-on-public/ http://www.thetruthaboutcars.com/2009/12/ford-brings-back-buyouts-visteon-dumps-pensions-on-public/#comments Mon, 21 Dec 2009 22:09:02 +0000 http://www.thetruthaboutcars.com/?p=339864 It’s been a while since we’ve heard the word “buyout” echoing out of Detroit, as 2008 marked the year in which auto industry employees finally started to be fired like everyone else: without a hefty severance kiss-off. Ford, on the other hand, did not get a shot at free house-cleaning in bankruptcy court, so it’s […]

The post Ford Brings Back Buyouts, Visteon Dumps Pensions on Public appeared first on The Truth About Cars.

]]>
It’s been a while since we’ve heard the word “buyout” echoing out of Detroit, as 2008 marked the year in which auto industry employees finally started to be fired like everyone else: without a hefty severance kiss-off. Ford, on the other hand, did not get a shot at free house-cleaning in bankruptcy court, so it’s […]

The post Ford Brings Back Buyouts, Visteon Dumps Pensions on Public appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2009/12/ford-brings-back-buyouts-visteon-dumps-pensions-on-public/feed/ 8