Cars
President Obama Praises Ford’s “Insourcing†of Jobs
Last October, Ford signed a new four-year contract with the United Auto Workers (UAW) union that included adding 12,000 hourly jobs at its U.S. facilities over the next four years moving production from its plants in Mexico, Japan and China back to the States. On Thursday, U.S. President Barack Obama praised Ford’s decision as an example of companies that are bringing jobs back to the country and contributing to the growth of its economy.
“You’ve heard of outsourcing. Well, these companies are insourcingâ€, said Obama adding that this deal wouldn’t have been possible without the help of the UAW.
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Obama Campaign Releases New Ads Touting Auto Bailout
While George W. Bush was the one to initiate the auto industry bailout in 2008, it is President Barack Obama who is trying to capitalize on it with the release of two new television advertisements as part of his reelection campaign. In the first spot,...
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Ford And Uaw Sign New Contract, 12,000 New Jobs To Be Added In The Usa
As many anticipated, Ford and the United Auto Workers (UAW) union reached an agreement over the new four-year labor contract covering the UAW’s 41,000 members in the US. The deal won’t take effect until it is ratified by the UAW board....
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Ford In Talks With Uaw About Adding 10,000 Jobs, Move Fusion Production From Mexico To The U.s.
The Ford group is currently negotiating a four-year contract with the UAW (United Auto Workers) union, which could add as many as 10,000 new jobs at its American factories. Citing sources familiar with the issue, Bloomberg News reported that the job-discussion...
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Obama Speaks At New Battery Plant, Tries Out Chevy Volt Driver's Seat
U.S. President Barack Obama had the chance to get behind the wheel -but not on the road- of the new Chevy Volt during a visit today at the Compact Power battery plant in Holland, Michigan. The new plant, which is being built by a U.S. unit of South Korea's...
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Obama: Auto Industry Bailout Was The Right Thing To Do
President Barack Obama is using GM's recent loan repayment and Chrysler's operating profit as proof that his "unpopular" auto bailout decision was the right thing to do. "I knew this wasn't a popular decision. But it was the...
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