Workers End Standoff at South Korean Auto Plant

The News Review:

- Workers End Standoff at South Korean Auto Plant
- Group of Dealers Launch Private Auto Stimulus Program
- Auto-Loan Delinquencies Rise Further In 2Q -Fitch
- CSU gets $5 million to train auto technicians

Workers End Standoff at South Korean Auto Plant
New York Times
After the concession by Ssangyong Motor Company South Korea’s fifth-largest automaker the workers agreed to end their 77-day occupation of the plant which had virtually become war zone. The confrontation was closely monitored by foreign investors as a test of will both for South Korean unions known for their militant activism and for President.
Related from Vistra-corp: They Can Build Them; Why Can’t We?

Group of Dealers Launch Private Auto Stimulus Program
FXNews
appendChild(script); As senators get ready to vote on whether to add $2 billion to the ballyhooed “Cash for Clunkers” program some of the nation’s largest dealerships have created a private stimulus package of their own offering prospective car-buyers from $500 to $4500 in incentives on top of the federal program. The dealers’ package begs the question: Do taxpayers really need to kick in an additional $2 billion for the federal program now that private dealers are offering a similar — or even better — deal?”If the auto industry can afford their own $4500 per car auto stimulus why are taxpayers being forced to foot the $3 billion bill on clunkers?” Sen.

Auto-Loan Delinquencies Rise Further In 2Q -Fitch
Wall Street Journal
–>Auto-Loan Delinquencies Rise Further In 2Q -Fitch ArticleCommentsmore in. Fitch said loans at least 60 days.

CSU gets $5 million to train auto technicians
Newsday
4 billion announced by President Barack bama. Colorado State’s partners in the training and education program include CSU Ventures Systems Solutions Group Arapahoe Community College and the Douglas County School District. The grant is part of the U.

Written by admin on August 6th, 2009 with no comments.
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