Bernie's Feed
Dec 10, 2012

Michigan protests unlikely to stop “right-to-work” laws

LANSING, Michigan (Reuters) – Republicans are likely to approve contentious “right-to-work” measures in the union stronghold of Michigan on Tuesday despite thousands of people converging on the state capital to protest proposed laws they say would lower wages and hurt workers.

Organizers expect as many as 10,000 unionized workers to go to the state capital of Lansing on Tuesday, some taking a day off from jobs, to demonstrate against the laws which would make union membership and dues payment voluntary.

Dec 9, 2012

Michigan unions to protest “right-to-work” measures this week

DETROIT, Dec 9 (Reuters) – Union members and others opposed
to Michigan becoming a “right-to-work” state plan major protests
in the state capital this week to try to stop Republicans from
restricting labor unions in the cradle of the unionized U.S.
auto industry.

Right-to-work opponents will begin to converge on Lansing on
Monday, organizers said, and they expect thousands at the rally
on Tuesday when the state legislature reconvenes.

Dec 7, 2012

Michigan “right-to-work” law exempts existing union contracts

LANSING, Michigan (Reuters) – The proposed Michigan “right-to-work” law will not apply to existing union contracts, a leading sponsor of the proposal said on Friday, which may blunt its immediate impact on the huge auto industry in the state.

Michigan Republicans pushed through the state legislature on Thursday a law making the payment of union dues voluntary in the private sector. The state Senate also voted to apply this to the public sector except for police and fire unions.

Dec 6, 2012

U.S. carmakers not worried – yet – about oversupply

DETROIT (Reuters) – Detroit automakers said on Wednesday they will not revert to practices like pushing consumer incentives to profit-eating levels even as they deal with oversupply on some key models.

Heading into the 2008-2009 downturn in the auto industry and the bankruptcies of General Motors and Chrysler, U.S. automakers routinely overproduced in order to keep factories running and then piled on consumer incentives to prop up sales.

Dec 3, 2012

Pace of November auto sales races to near five-year high

By Ben Klayman and Bernie Woodall

(Reuters) – Auto sales in November were helped by a rebound from storm-ravaged October and the need to replace aging vehicles which put the industry on pace for a near five-year high and left executives optimistic about 2013.

Sales in November were on pace to top an annual rate of 15 million vehicles, which would mark the highest level since the 15.5 million rate of February 2008.

Dec 3, 2012

Pace of Nov US auto sales races to near 5-year high

Dec 3 (Reuters) – U.S. auto sales in November were helped by
a rebound from storm-ravaged October and the need to replace
aging vehicles which put the industry on pace for a near
five-year high and left executives optimistic about 2013.

Sales in November were on pace to top an annual rate of 15
million vehicles, which would mark the highest level since the
15.5 million rate of February 2008.

Dec 3, 2012

Several automakers post strong new-car sales

By Ben Klayman and Bernie Woodall

(Reuters) – Auto sales in November were helped by a rebound from storm-ravaged October and the need to replace aging vehicles which put the industry on pace for a near five-year high and left executives optimistic about 2013.

Sales in November were on pace to top an annual rate of 15 million vehicles, which would mark the highest level since the 15.5 million rate of February 2008.

Nov 30, 2012

Auto industry frets about more fuel mileage fiascos like Hyundai’s

LOS ANGELES, Nov 29 (Reuters) – Hyundai Motor Co’s
admission that it overstated fuel economy claims on
several of its top-selling cars has the industry worried, with
speculation rife among executives and analysts at the Los
Angeles auto show that more automakers may have to do the same.

Four weeks ago, Hyundai and its affiliate Kia Motors Corp
conceded that they overstated the fuel economy by at
least a mile per gallon on more than 1 million recently sold
vehicles.

Nov 29, 2012

Honda tries to regain its stride with upgraded Civic

LOS ANGELES (Reuters) – Honda Motor Co introduced its redesigned Civic sedan only a year-and-a-half after a major model change of the best-selling compact car in the United States.

Even Honda admits that the 2012 Civic, introduced in the spring of 2011, missed the mark. For a company that prides itself on rock-solid reliability, it was a shock last summer when influential Consumer Reports ranked the Civic dead last in a field of 12 compact sedans it tested.

Nov 29, 2012

Ford Fusion wins 2013 “Green Car of Year” award at Los Angeles Auto Show

LOS ANGELES (Reuters) – Ford Motor Co, which has emphasized improving the fuel efficiency of its lineup, won a top “green car” award for its Fusion midsize sedan, which is offered in gas-powered, hybrid and plug-in hybrid versions.

This wide range of powertrains was the reason it was dubbed Green Car of the Year at the Los Angeles Auto Show on Thursday. The award by Green Car Journal recognizes leadership in reducing tailpipe emissions.