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OEM News

Since Chrysler closed its Newark assembly plant in December, hundreds of autoworkers have grappled with an uncertain future in a job market that many are ill-prepared to enter. It's a scenario that will be repeated when General Motors Corp. closes its Boxwood Road plant near Newport next month, idling 450 hourly workers."When Chrysler closed, that was disheartening enough," said Deborah Armstrong, a liaison between United Way of Delaware and local labor groups, who has worked with the Local 1183 since the plant closing. "It was a crisis, and now it's a disaster."

GM is near agreements to sell its Saturn division and to help finance the buyout of bankrupt auto-parts supplier Delphi Corp., according to reports Friday in The Wall Street Journal. Reports say GM has inked a preliminary deal to sell off Saturn to major auto dealer and racing icon Roger Penske.

Automakers Make Case for Closings

The U.S. Senate Committee on Commerce, Science and Transportation held a hearing to review “GM and Chrysler Closures: Protecting Dealers and Consumers.” Sen. Jay Rockefeller, D-W.Va., chairman, opened the hearing defending automobile dealers against the dealership closures by automakers.

The top executives of GM and Chrysler have said that dealership closings are justified, as they try to overcome bankruptcy and survive. The executives acknowledged that cutting dealerships was causing pain around the country in front of the Senate Commerce committee on June 3.

Sales Agreement Initially Created Confusion As To Whether Consumers Would Receive Protection Under Manufacturers Warranty; Now Revised to Protect All Present and Future Drivers

Attorneys Robert M. Silverman and Amy L. Bennecoff of the Northeast Lemon Law Firm of Kimmel and Silverman have been successful in revising the Master Sales Agreement between Chrysler and Fiat to specifically include a provision that all present and future warranty claims, including lemon law and breach of warranty matters, will be assumed by the New Chrysler when the sales order is scheduled to go into effect on or before Monday, June 15, 2009.

Wednesday, 03 June 2009 01:33

Chrysler Expects to Restart Plants

Chrysler expects to restart production at certain plants by the end of June. The automaker stopped production at all its North American plants when it filed for Chapter 11 bankruptcy protection April 30.

Tuesday, 02 June 2009 01:56

Delphi to come out of Chapter 11

Delphi will sell some assets to a private-equity firm and emerge from bankruptcy protection. The parts supplier has been operating under Chapter 11 protection since October 2005. The deal may be finalized on July 23.

THE PRESIDENT: Good morning, everybody. Just over two months ago, I spoke with you in this same spot about the challenges facing our auto industry, and I laid out what needed to be done to save two of America's most storied automakers -- General Motors and Chrysler. These companies were facing a crisis decades in the making, and having relied on loans from the previous administration, were asking for more.

Monday, 01 June 2009 10:08

GM has buyer for Hummer

In what may be the first significant act post-bankruptcy, GM has announced that a buyer for Hummer has come forward.

Eight Chrysler plants now seem likely to be closed down entirely. In addition to plants in south St. Louis, Missouri and Newark, Deleware that are already idle, the following 6 North American plants are in danger:

  • Sterling Heights (Mich.) Assembly Plant
  • Detroit (Mich.) Axle
  • Conner Avenue (Detroit) Assembly
  • St. Louis (Mo.) North Plant
  • Kenosha (Wisc.) Engine
  • Twinsburg (Ohio) Stamping Plant