US auto workers seek to retrain for scarce new jobs

The News Review:

- US auto workers seek to retrain for scarce new jobs
- Ahead of the Bell: Clunkers to drive up auto sales
- State Farm cutting auto rates in GA
- July Auto Sales: Daimler
- Ssangyong Motor’s auto sales plunge 98.4% in July
- New trial for NJ man guilty in fatal auto accident
- ‘Clunkers’ won’t save auto market

US auto workers seek to retrain for scarce new jobs
Reuters
Michigan got a head start on the recession. Whereas it began for the United States as a whole in December 2007 the decline of the auto industry and other factors cost Michigan more than 335000 manufacturing jobs between December 2000 and December 2008. The auto sector’s decline accelerated in 2008 as the market for cars plummeted forcing two of America’s once-vaunted Big Three automakers — General Motors and Chrysler Group — into bankruptcy this year. GM Chrysler and Ford Motor Co have laid off tens of thousands of workers. A ripple effect has hit auto suppliers and employers throughout Michigan’s economy — it is estimated that every auto job lost takes five others with it. ‘NTHING UT THERE’ The unemployed in Michigan have flocked to retraining programs.
Related from Careersemploymentmonster: Michigan looks to jump-start stalled careers

Ahead of the Bell: Clunkers to drive up auto sales
Forbes
Sales overall should decline about 16 percent from July of last year when the economy was much stronger according to the automotive Web site Edmunds. For the first half of the year U.

State Farm cutting auto rates in GA
Bizjournals.com
_369F02C03CD847BA9A5704CE29F5215C. said Monday it will trim its overall rate level in Georgia an average of 1. 5 percent starting Aug. 17 due to lower-than-expected claims. State Farm said this will yield $15.

July Auto Sales: Daimler
The Associated Press
fell by 24 percent in July amid plunging sales of its Smart fortwo minicar and Mercedes-Benz luxury vehicles. BY THE NUMBERS: Sales fell to 17646 vehicles from 23292 in July 2008. Despite the decline Daimler said July sales were the strongest this year.

Ssangyong Motor’s auto sales plunge 98.4% in July
Xinhua
3 (Xinhua) — South Korea’s Ssangyong Motor Co. said Monday its auto sales plunged 98. 4 percent last month mainly due to a massive strike by its fired workers that lasted for months. Korea’s carmaker Ssangyong which has been under bankruptcy protection since February said it sold a mere 71 units last month the company said in a statement.

New trial for NJ man guilty in fatal auto accident
Philadelphia Inquirer
3 2009 New trial for NJ man guilty in fatal auto accident The Associated Press ELIZABETH N. – A New Jersey man convicted of killing a bicyclist with his car in 2006 will get a new trial. Brijesh Shah had faced a maximum prison sentence of 10 years after being convicted of vehicular homicide and leaving the scene of an accident. Victim James Lake was crossing a four-lane road in Rahway when he was struck and killed. Shah admitted drinking a small amount of alcohol on his way home from work. His blood alcohol level was.

‘Clunkers’ won’t save auto market
Philadelphia Inquirer
place_ad_here(”half”); Posted on Sun Aug. 2 2009Special Report: The Now-Reluctant Shopper ‘Clunkers’ won’t save auto market By Maria PanaritisInquirer Staff Writer You would think that with the surge of car-buying last week brought on by "Cash for Clunkers" the crummy U. auto market might not be in for such a rough ride after all. You would be wrong. True in a matter of just a week owners of gas-guzzlers siphoned every last drop of the $1 billion the government had set aside to spur the purchase of new fuel-efficient cars and get factories rolling again at a decent clip.

Written by admin on August 3rd, 2009 with no comments.
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