Romney on the auto bailout

The Detroit News spoke to former Massachusetts Gov. Mitt Romney, the presumptive Republican presidential nominee on Friday about a series of issues, including his opposition to President George W.  Bush and Barack Obama agreeing to bailout General Motors and Chrysler before insisting they go through bankruptcy. Romney, a Detroit native is the son of a … Continue Reading →

White House sidesteps question on Volt

White House Press Secretary Jay Carney was asked by reporters today aboard Air Force One if the administration’s plan to boost the tax credit for electric vehicles from $7,500 to $10,000 made sense in light of struggles for GM’s plug-in Chevrolet Volt. The Detroit automaker said Friday it will suspend production of the Volt for … Continue Reading →

GM CEO: NHTSA Volt probe influenced by Toyota

General Motors chairman and CEO Dan Akerson told WJR this week that the government’s investigation into fire risks in the Chevrolet Volt may have been impacted by the scrutiny surrounding the Toyota Motor Corp. sudden acceleration investigation in 2010 and 2011. Akerson testifed before a House Oversight and Government Reform panel on Tuesday on the National … Continue Reading →

Daimler CEO: no formal tie-up with Renault-Nissan

Daimler CEO Dieter Zetsche said late Sunday that the German automaker will not enter a formal tie-up with the Renault-Nissan alliance. “We have a very clear understanding on both sides that these are independent companies,” Zetsche told reporters. “There is no intention for any further capital linkage.” When a reporter from Bloomberg News suggested it … Continue Reading →

UAW protesting at Hyundai dealerships

The United Auto Workers protested at more than 75 Hyundai Motor Co. dealerships — about 10 percent of the company’s U.S. locations — over the firing of a contract worker in South Korea. The UAW demanded the reinstatement of a contract worker at Hyundai’s Asan facility in South Korea, who was terminated for reporting sexual … Continue Reading →

Hoffa criticizes Bing proposal

Teamsters President James P. Hoffa said in an interview on Thursday that Detroit Mayor Dave Bing’s call for 10 percent across the board pay cuts was “unreasonable.” “There are no easy answers to the problems facing Detroit,” said Hoffa, a Detroit native who has headed the union since 1999. The union represents between 2,200 and … Continue Reading →

Secretary Clinton, Sen. Levin praise Wolpe

Secretary of State Hillary Clinton and Sen. Carl Levin, D-Detroit, praised Howard Wolpe, a former Michigan congressman and gubernatorial candidate, who died late Tuesday of an apparent heart attack at his home in Saugatuck, Mich. He was 71. Clinton praised Wolpe as a “fighter” and noted his long work on African policy issues, including his … Continue Reading →