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06.12.2009 3:43 pm

GM to wind down contracts with 38 Missouri dealers, 66 Illinois ones

St. Louis Post-Dispatch

General Motors Corp. plans to cut 38 Missouri dealerships and 66 Illinois ones from its ranks, according to a list released today by a U.S. House subcommittee. It did not identify the names of individual dealerships.

The list gives the number…

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06.10.2009 12:08 pm

Chrysler-Fiat deal brings job promotions for execs

St. Louis Post-Dispatch

Now that Italian automaker Fiat is the owner of most of Chrysler LLC’s assets, several of Chrysler’s executives received job promotions with the newly formed company.

Fiat and Chrysler closed a deal today to transfer assets to a new company called…

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05.29.2009 12:42 pm

GM plans to end contracts with more dealerships, report says

St. Louis Post-Dispatch

General Motors Corp. plans to cut loose up to 450 more dealers, beyond the 1,124 dealerships it notified two weeks ago, trade publication Automotive News reported. It cited two sources familiar with GM’s strategy.

GM sales chief Mark LaNeve said the…

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04.22.2009 5:20 pm

Chrysler’s Fenton plant on temporary idle this week

St. Louis Post-Dispatch

Production at Chrysler LLC’s Fenton pickup operations has been idled this week, a union official said today.

The plant, where the Dodge Ram is assembled, employs about 1,000 workers. Production is expected to restart next week, said Don Ackermann, vice president…

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04.17.2009 11:11 am

GM CEO says more job cuts coming, talks still ongoing with UAW, bondholders

St. Louis Post-Dispatch

Further job cuts are on the way before June 1 at General Motors Corp., Chief Executive Fritz Henderson said this morning in a conference call with reporters.

“There will be futher reductions in manpower … but we don’t have those finalized…

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04.15.2009 12:20 pm

Fiat CEO to Chrysler workers: Accept costs or alliance is off, report says

St. Louis Post-Dispatch

A month after Chrysler warned the Canadian government that it would pull out of Canada unless it received aid, the automaker’s proposed partner has issued its own ultimatum, according to a report.

This warning came from Fiat SpA to union workers…

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04.13.2009 4:07 pm

Chrysler sets April 27 as deadline for buyout, retirement offers

St. Louis Post-Dispatch

Chrysler’s hourly workers have until April 27 to accept buyout and retirement offers.

The Detroit automaker made its latest offer in February and has twice extended the sign-up deadline, saying it wanted to give workers time to review union concessions before…

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03.28.2009 2:54 pm

Bommarito, Fusz among the top 125 U.S. auto dealer groups

St. Louis Post-Dispatch

Two St. Louis-area auto dealership groups have been ranked among the top 125 in the country for 2008, based on new-vehicle retail sales.

Bommarito Automotive Group of Ellisville ranked No. 60, a jump from the 104th spot it held in 2007,…

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03.13.2009 11:41 am

Chrysler’s warning to Canada is “gamesmanship,” Ontario official says

St. Louis Post-Dispatch

A day after Chrysler Co-President Tom LaSorda warned the Canadian government it needs loans and labor concessions to keep production in the country, Ontario’s economic development minister labeled the ultimatum as “gamesmanship.”

“It’s a ham-handed way of saying what’s always been…

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03.12.2009 12:24 pm

Chrysler to Canada: No help? No more production

St. Louis Post-Dispatch

In what seems to be a repeat of a warning issued in December, Chrysler LLC co-President Tom LaSorda said Wednesday night that unless it received government loans and concessions from the Canadian union, the automaker would end its Canadian production…

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