Opel Abandons Bochum Completely

Bob King’s attempts to ingratiate himself with German unions, and to make Opel’s Bochum workers reconsider their decision to turn down Opel’s restructuring plan, are being ignored. Actually, it appears as if they had the opposite effect. Days after King’s comment, Bochum plant manager Manfred Gellrich rejected new discussions, saying Opel does not want to “waste precious time,” Reuters says. Over the weekend, Opel dropped another bomb: Bochum will be closed completely. A parts depot that was supposed to stay open, will also close its doors.

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Bob King Intervenes In Bochum, Receives Cold Shoulder

UAW boss Bob King told Opel’s Bochum workers to vote again, and to this time accept a deal that had been worked out between the German metal worker union IG Metall and GM.

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UAW Lives Off Its Savings

With membership down to a quarter of the union’s peak size in 1979, dues are not enough to pay the bills at the UAW. The UAW continues to tap into savings to pay for its day-to-day operations, Reuters says.

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Modern Marvels: IG Metall Hires Bob King As Opel Board Member

When, in early February, the first (unconfirmed) rumors made the rounds that UAW’s Bob King would get a seat on Opel’s supervisory board, the assumption was that King will speak for “the equity side.” According to the “co-determination law,” the supervisory board of a large German company consists of 50 percent equity side and 50 percent labor, with the chairman having two votes in case of a tie. The UAW, through VEBA, owns 10 percent of the stock of GM. That puts King definitely on the equity side. One would assume.

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Tradewar Watch 21: Stabenow, Brown And King Suggest Suicide, Seriously
American carmakers cast worried glances on Senators and union groups that want to create a level playing field with China. Senators Debbie Stabenow and Sherr…
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Do Or Die: UAW's Hail Mary Pass Through The South

A good month after our trek to the South where we checked on the (un-) willingness of transplant workers to join the UAW, the hard-hitting team at the Reuters Detroit bureau did the same. In a special report, Reuters comes to the same conclusion as we did: It won’t be easy. Bernie Woodall and Ben Klayman of Reuters did more thorough digging. And they unearthed the secret strategy of the UAW: With the help of the German metalworkers union, they want to talk themselves into Volkswagen and Daimler:

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UAW Surrenders. Transplants Remain Unorganized

The UAW called off the transplant war. It won’t even identify an organizing target among foreign automakers with U.S. operations, UAW President Bob King told Reuters (via Automotive News [sub] ):

“We are not going to announce a target at all. We are not going to create a fight.”

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UAW: It's Good To Be The King - Maybe Not For Toyota

Ron Gettelfinger retired and Bob King took his place as President of the UAW. Mr King has some pretty big shoes to fill, but the name is a good start. After all, Mr Gettelfinger helped persuade President Obama to bail our GM and Chrysler (can’t say I blame him, quid pro quo, and all that). So what can Mr King do to really show the rank and file that he means business? Better working conditions? Input into designing cars? More job security? Nope. His next step is to make sure that Detroit and the transplants are evenly matched, so to speak.

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  • Probert They already have hybrids, but these won't ever be them as they are built on the modular E-GMP skateboard.
  • Justin You guys still looking for that sportbak? I just saw one on the Facebook marketplace in Arizona
  • 28-Cars-Later I cannot remember what happens now, but there are whiteblocks in this period which develop a "tick" like sound which indicates they are toast (maybe head gasket?). Ten or so years ago I looked at an '03 or '04 S60 (I forget why) and I brought my Volvo indy along to tell me if it was worth my time - it ticked and that's when I learned this. This XC90 is probably worth about $300 as it sits, not kidding, and it will cost you conservatively $2500 for an engine swap (all the ones I see on car-part.com have north of 130K miles starting at $1,100 and that's not including freight to a shop, shop labor, other internals to do such as timing belt while engine out etc).
  • 28-Cars-Later Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” [if they ever are recouped] Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses. https://www.zerohedge.com/political/fords-120000-loss-vehicle-shows-california-ev-goals-are-impossible Given these facts, how did Tesla ever produce anything in volume let alone profit?
  • AZFelix Let's forego all of this dilly-dallying with autonomous cars and cut right to the chase and the only real solution.