Insurance

Posts Tagged ‘auto-supplier’

Washington — The Pension Benefit Guaranty Corp. seized another underfunded auto supplier pension today — at least the seventh over the last year.

Read more:
PBGC seizes Southfield auto supplier pension plan (Detroit News)

…

See the original post here:
Next use for TARP: Government union slush fund

- General Motors reversed course on Tuesday by abandoning a long-expected sale of its Opel to a group led by Canadian auto supplier Magna and opting to keep the E … Health Insurance Program, including at least 25,000 West Virginia kids, are slated to be shifted into private insurance plans that are not required to provide…

Continued here:
Tom Cruise

Labor unrest at Ford ’s ( F ) auto supplier plant in India has prompted the company to shut down its Oakville, Ontario, plant for the week, which employs 3,000 workers in two shifts. The closure would cost Ford 5,000 vehicles. The idled employees would get 65% of regular pay from a combination of funding from the company and employment insurance.

More:
(F) Ford Faces Labor Troubles

Labor unrest at Ford ’s ( F ) auto supplier plant in India has prompted the company to shut down its Oakville, Ontario, plant for the week, which employs 3,000 workers in two shifts.

See more here:
Ford Faces Labor Troubles – Analyst Blog