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- GM and Chrysler salaried workers' bonuses may reach 50% of pay
GM and Chrysler, which each received government-funded bailouts, may award some salaried workers bonuses of as much as 50 percent of their base pay, according to three people familiar with the plans. GM plans to pay 26,000 U.S.
Переслать - Ford to cut debt load by another $3 billion
Ford Motor Co., taking another step to achieve an investment grade credit rating, announced plans today to reduce its corporate debt levels by another $3 billion with the planned redemption or conversion of preferred securities.Переслать - Bankrupt dealer Denny Hecker to be sentenced on fraud charges Friday
Denny Hecker, the bankrupt Minnesota auto dealer, is to be sentenced Friday in federal court, having pleaded guilty to conspiracy and bankruptcy fraud in September. He faces up to 10 years in prison.Переслать - Chrysler may add natural-gas engines to Ram truck lineup
Chrysler is exploring the possibility of adding compressed natural-gas powered engines to its Ram truck brand, a top executive said.Переслать - Ford kicks off social-media push for Explorer
The 2011 Ford Explorer was redesigned to get up to 27 miles-per-gallon on the highway, a far cry from the 19 mpg of its predecessor. And sales were up 73 percent in January vs. a year ago.Переслать - Chrysler exec to greet Eminem in wake of 'Born of Fire' Super Bowl spot
Chrysler brand CEO Olivier Francois will meet with the company's newest marketing icon about future spots for the automaker, The Detroit Bureau reported today.Переслать - Ferrari to use full name of racecar after Ford sues over F150 name
Ferrari said today it will use the full name of its "Ferrari F150th Italia" Formula One car from now on after Ford Motor Co. sued the Italian automaker over the use of the abbreviation "F150."Переслать - Ford to tout redesigned 2011 Explorer during Grammy Awards
Ford will air a 60-second TV spot starring hip-hop recording star Nelly during Sunday's Grammy Awards broadcast to show off the Explorer's new Sony audio system.Переслать
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