Car Leasing News

American Axle & Manufacturing Holdings Inc may have started to show the signs of holding out the olive branch after nearly five weeks of impasse with their worker union, United Auto Workers (UAW). They have made a start by providing sensitive financial information to the UAW union leaders.
A five week long strike has been on, [...]

Tags: Finance by Ben
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Judge Phillip Shefferly of the U.S. Bankruptcy Court ruled on the impasse between Chrysler and Plastech Engineered Products Inc., in favour of Plastech. According to the ruling, Plastech can continue to keep the tooling it used to make supplies for Chrysler mainly because they had applied for Chapter 11 Bankruptcy only three weeks ago. This ruling [...]

Tags: Finance by Jenson
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