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AUTOS' WORLD NEWS
* UAW warns GM workers of bogus buyout article
Detroit,Mich,USA -The Detroit News, by Bill Vlasic -Feb 22, 2006: Fabricated story, purportedly by News reporter, is circulating in at least 5 plants; source is unknown.... The United Auto Workers is warning workers to disregard a bogus news article touting union buyout offers at General Motors Corp. that has been circulating on the shop floor of at least five GM plants in recent days... The article is titled "General Motors Likely to Offer Substantial Buy-Outs" and is supposedly written by Brett Clanton of the Detroit Free Press. Clanton covers the auto industry for The Detroit News, not the Free Press. Neither newspaper has published any story resembling the content of the fake article, dated Feb. 16, 2006... The story purports to quote Gettelfinger as saying a meeting with Wagoner produced "a turning point in the auto industry." It also outlines a specific set of buyout options for workers of various seniority levels...
* Sales of big pickups are beginning to stall
Detroit,Mich,USA -The Detroit News, by Brett Clanton -22 Feb 2006: Half of full-size pickups on the market saw sales decline in 2005; nearly all stumbled out of the gate in 2006... But despite a fiercely loyal customer base, full-size pickups have started to lose steam in what could be a troubling sign for Detroit's automakers... Half of full-size pickups on the market saw sales decline in 2005, and nearly all models stumbled out of the gate in 2006. Unsold trucks are piling up at dealerships, and several automakers, including Nissan Motor Co., have been forced to cut truck production...
* Chrysler ad firm cuts 200 workers
Detroit,Mich,USA -The Detroit News, by Josee Valcourt -Feb 22, 2006: BBDO also will move some assignments related to automaker's accounts out of its Troy office... Chrysler Group's lead advertising agency, BBDO Worldwide, has cut roughly 200 jobs at its Troy office in a streamlining move that mirrors cost-cutting measures being made by Detroit automakers... BBDO also plans to move some creative assignments related to its Chrysler accounts to other sites, including its main New York office...
posted by Unknown @ 11:45 AM
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