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AUTOMAKERS NEWS * USA
* Michigan - Chrysler sales up 30% in May; Ford up 13%; GM up 10.9%
(Getty Images: The Chrysler 300 saw its best May sales in five years as sales jumped 140 percent)
Detroit,MICH,USA -The Detroit News, by Melissa Burden -June 1, 2012: -- Detroit's Big Three posted double-digit gains in vehicles sales in May, with Chrysler Group LLC leading the way with a 30 percent jump in year-over-year sales for the month... Meanwhile, Toyota Motor Sales U.S.A. showed it was back in the game, reporting its sales were up 72.9 percent on a daily selling rate basis and 87.3 percent on an unadjusted raw volume basis... Chrysler said it had sales of 150,041 vehicles in May, up from 115,363 vehicle sales in May 2011. The company's Chrysler, Jeep, Dodge, Ram Truck and Fiat brands all had sales jumps for the month, with Fiat setting a sales record for the fourth-consecutive month.
* Canada - GM plans to close line at Ontario factory in 1 year. Ending production could layoff 2,000
Oshawa,ONT,CAN -The Detroit News, by Melissa Burden -June 2, 2012: -- General Motors Co. plans to close its consolidated assembly line at its Oshawa, Ont. plant, in June 2013, which could mean the layoff of about 2,000 workers, the automaker said Friday... GM said it plans to eliminate three shifts on the consolidated line throughout the next year, starting with the third shift in the fourth quarter. GM will shut that line in June 2013 when Impala production is scheduled to end... The plant will continue to build other GM vehicles on a flex assembly line... * USA - Mazda to cut 250 jobs in Europe and US
Irvine,CAL,USA -Nikkei/Reuters -May 31, 2012: -- Mazda Motor Corp plans to cut 250 jobs, a quarter of its staff in Europe and the United States, in fiscal 2012, as it reorganizes sales management in Japan and overseas, the Nikkei reported... Mazda plans to reduce staff in the United States, where it has sales sections in California and Michigan, by 20 percent to around 550 workers, the paper said... Mazda spokesman, Jay Amestoy, said Thursday afternoon the company would not eliminate jobs in the United States. But earlier this month, 107 of Mazda's U.S. employees signed up to take buyouts as part of a restructuring of U.S. operations...
- ELECTRIC VEHICLES
* Michigan - Sales of GM's Volt tops 7,000
Detroit,MICH,USA -The Detroit News, by David Shepardson -June 1, 2012: -- General Motors Co. said sales of its plug-in hybrid Chevrolet Volt have topped 7,000 in the first five months of 2012 — almost as many as it sold in all of 2011... The Detroit automaker sold 1,680 Volts in May — up 250 percent over May 2011 — and outsold its Japanese rival by more than three to one...
- PENSIONS' BUYOUT
* Michigan - GM offers lump-sum buyout of pensions. 42,000 salaried workers eligible; will reduce liabilities by $26B
Detroit,MICH,USA -The Detroit News, by David Shepardson and Melissa Burden -June 2, 2012: -- General Motors Co. said Friday it will offer lump-sum pension buyouts to about 42,000 salaried retirees and offload its salaried retiree pensions to Prudential Insurance Co. of America — moves that will reduce its pension liability by $26 billion...
* Michigan - Ford: Pension buyout offers to 98K may start in August
Dearborn,MICH,USA -The Detroit News, by Jaclyn Trop -June 1, 2012: -- Ford Motor Co. said Thursday it will make offers s early as August to buy out the pensions of 98,000 U.S.-based salaried retirees and former white-collar workers... The Dearborn automaker, in offering more details of a plan announced in April, is making the pension pitch as part of an unprecedented strategy to shed up to one-third of its $49 billion U.S. pension liability...
- RECALLS
* New Jersey - Jaguar F-Type recalls '60s style
Mahwah, NJ,USA -Bloomberg News/The Detroit News, by Steve Rothwell -June 2, 2012: -- Jaguar is invoking its iconic E-Type roadster to challenge Mercedes-Benz and Porsche with its first two-seat sports car in almost four decades... The F-Type, due to be unveiled in September and go on sale as soon as next April, will be Jaguar's smallest auto in more than a half-century as the marque seeks a return to its sporting tradition following decades spent focusing on luxury sedans...Labels: automakers news USA and Canada
posted by Unknown @ 5:44 AM
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