Tag: contracts

By on July 13, 2016

2016 GMC Sierra with eAssist, Image: General Motors

A Massachusetts-based parts supplier you’ve probably never heard of could force General Motors’ entire North American operation to grind to a halt.

Clark-Cutler-McDermott Co. stopped making acoustic insulation and trim pieces for GM vehicles on Friday after declaring Chapter 11 bankruptcy, a situation it blames on money-losing contracts signed with the automaker, a source told The Detroit News(Read More…)

By on May 22, 2015

Fiat Ducato Passenger Transport in Turkey Circa November 2014

Over a week after wage disputes shut down production, Fiat and Ford report operations are back to normal at their plants in Turkey.

(Read More…)

By on November 15, 2013

Renault Zoe Circa January 2014

This is the Renault Zoe. It’s like most EVs on the road, with its limited range, limited power, and limited usability.

Unlike the other EVs, however, the Zoe comes with DRM attached to its battery pack. In short: If you value your ability to drive the Zoe at all, then you will submit to a rental contract with the pack’s manufacturer. Should you fail to pay the rent or your lease term expires, Renault can and will turn your Zoe into an expensive, useless paperweight by preventing the pack’s ability to be recharged, consequences be damned.

It’s only the beginning.

(Read More…)

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