Volvo Trucks North America and the United Auto Workers union reached a tentative agreement July 1 on the terms of a new, six-year contract that would cover approximately 2,900 employees at the New River Valley truck assembly operations in Dublin, Va.
Navistar and the United Automobile Workers union ratified a new four-year labor agreement after the contract was approved by a majority of UAW members.
LANSING, MI - General Motors announced a $37 million investment in its Lansing Delta Township assembly plant earmarked for tooling and equipment to enhance the plant's manufacturing capabilities.
I can’t recall a year as tumultuous as 2008. The year started with the Jan. 1 termination of the $1.8 billion merger between GE and PHH and ended with the near bankruptcy of GM and Chrysler. In between, we witnessed record fuel prices, then a spectacular freefall in fuel prices, a dismal used-vehicle market, unprecedented credit gridlock, the inability of some fleets to order new-vehicles, and fleet delivery disruptions due to a UAW strike and an epic Midwest flood that submerged rail lines.
The 2008 model-year produced mixed results in order-to-delivery (OTD) perfromance. A protracted UAW strike and flooding in the Midwest delayed some models, while other models posted improved OTD due to reduced retail sales, which expedited fleet production. In addition, there was sufficient rail car availability due to soft retail sales and a decrease in quality holds.
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