GM strike may idle 5 more plants

Article Abstract:

General Motors' Flint, MI, Metal Center is expected to close five more plants following a strike by 3,700 GM workers, in a move that would affect 14,000 workers. The latest closure of plants will include Pontiac, Oldsmobile and Buick cars making facilities in Fairfax, KS, and Lake Orion, MI, and another one in Moraine, OH, which makes Chevrolet, GMC and Olds sport-utility vehicles. The strike was spurred by the company's move of removing dies used for making truck parts, which contradicts worker demand for more investment in new machinery.

Comment:

May close five more plants following a strike by 3,700 GM workers, in a move that would affect 14,000 workers

Plant shutdown

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Chrysler's mood: anticipation

Article Abstract:

Chrysler's merger with Germany-headquartered Daimler-Benz is projected to have a successful combination. The $38-billion deal is expected for completion by middle of November 1998. The combined operations is set to have equal management between the two companies, according to Chrysler chief executive officer Robert Eaton. The merger that has gained support from the United Auto Workers is most likely to register the most gross profit in the second year of operations among auto manufacturing businesses, he added.

Comment:

Merger with Chrysler is projected to have a successful combination

Strategy & planning, Daimler-Benz AG, Chrysler Corp.

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GM's future: 'Distinctive,' but fewer, vehicles

Article Abstract:

General Motors, headquartered in Michigan, is gearing to revive business from workers strikes, discontinued vehicle production and market-share slowdown. The move includes production of new products, however in lesser numbers. General Motors, which is launching new pickup trucks Chevrolet Silverado and GMC Sierra, will roll out 23 new vehicles in the next three years, according to its chief executive officer Jack Smith. The company's future products will provide distinctive and innovative features, he added.

Comment:

Gears to revive business from workers strikes, discontinued vehicle production and market-share slowdow

Marketing procedures

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