GM and Peugeot are looking to join forces. Actually, GM is looking to buy a large share to the tune of 423 million dollars. It’s not completely clear what the deal means for us here in America, but it should mean better deals for GM with supplies due to increased buying power. Whether or not …
Tag Archive: GM
Dec 18
GM working on a deal to bring Carbon Fiber to the masses
GM has partnered with Teijen to bring the widespread use of carbon fiber to every day cars. As many of you know, carbon fiber is a strong, lightweight, composite material used in everything from body panels, to frames, and trim work. It’s typically been reserved for high end sports cars, super cars, and luxury vehicles. …
Dec 04
C.A.R says white collar jobs costing big three more then UAW workers.
A recent report by the Center for Automotive Research has shown that the big three are now paying more to white collar workers than to hourly wage earners. The statistics show that the 66,000 salaried white collar workers make 8 billion a year, while the nearly 115,000 blue collar hourly workers make 7.9 billion in …