Tag: agreement

By on January 16, 2016

The man in the middle of GM’s faulty ignition switch has finally spoken, and the word “mistake” came up at least twice.

That, does anyone have the number for Google, GM and Honda may join forces, and take a cab … after the break!

(Read More…)

By on November 7, 2015

UAW GM

The United Auto Workers union announced late Friday that, while the majority of its 52,000 membership voted “Yes” to the tentative agreement, skilled trades workers voted 59.5 percent against the deal.

“The UAW has not deemed the tentative agreement ratified,” said the union.

It was previously reported the tentative agreement may not be ratified due to skilled trades workers voting down the agreement.

UAW production members voted 58.3-percent in favor of the proposed contract and 55.43-percent of total voting members agreed to the proposal, but the contract can not be ratified until it is passed by skilled trades members. (Read More…)

By on August 30, 2015

Volkswagen and Suzuki agreed to establish a comprehensive partnership

Osamu Suzuki (middle right), chairman of Suzuki Motor Corporation, can finally celebrate his biggest win. After a failed alliance with Volkswagen put Suzuki — the chairman and company — on the back foot for almost four years, the International Court of Arbitration of the International Chamber of Commerce in London has decided in the Japanese company’s favor. Suzuki will purchase back their own stock from Volkswagen.

Suzuki received news of the ruling Saturday and filed the information with the Tokyo Stock Exchange on Sunday.

“It’s good that a resolution came. I feel refreshed. It’s like clearing a bone stuck in my throat,” said to reporters gathered at a news conference in Tokyo, reports Automotive News. “I’m very satisfied with the resolution. Through it, Suzuki was able to attain its biggest objective.”

(Read More…)

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