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Jul 11, 2012

AUTOMAKERS NEWS * USA & Canada

* Ontario - CAW seeks commitment from Big 3 in new pact

Ottawa,ONT,Canada -The Detroit News, by Bryce G. Hoffman and Melissa Burden -July 11, 2012: -- Canadian Auto Workers President, Ken Lewenza, is calling on Detroit's automakers to make new product commitments to Canadian factories as part of upcoming negotiations on a new national contract. But he acknowledges that a strong looney is making that a harder case to plead... The looney is trading near parity with the U.S. dollar. That means American automakers are paying Canadian auto workers a lot more than they were when the current contract was negotiated in 2009... That agreement expires on Sept. 17, and formal negotiations are not expected to begin until August. But Lewenza said informal discussions are already under way with General Motors Co., Ford Motor Co. and Chrysler Group LLC....


* Michigan - Incentives sweeten deals for '12 autos
(Photo by David Guralnick / The Detroit News: Window displays announce the new no-haggle pricing for Chevy buyers)
Detroit,MICH,USA -The Detroit News, by Melissa Burden -July 11, 2012: -- General Motors Co.'s Chevrolet brand and Chrysler Group LLC on Tuesday announced incentive programs aimed at clearing 2012 models off dealer lots... GM's "Chevy Confidence" program runs through Sept. 4 and lets buyers return a new 2012 or 2013 Chevy if they don't like it after trying it out for a month or two. It also gives buyers lower, no-haggle prices on 2012s... Chrysler again is offering a "No Payments for 90 Days" promotion on Chrysler, Jeep, Dodge, Ram Truck and Fiat brand models as part of its annual Summer Clearance Event, which runs through the end of August... Chevrolet last month had a higher percentage of 2012 model sales compared with 2013 models than the industry average...

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