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Chrysler, CAW reach tentative contract deal
Fri, 24 Apr 2009The Canadian Auto Workers tentatively agreed tonight to new concessions that will save the struggling automaker $240 million annually and help the carmaker to try to avoid a bankruptcy filing, CAW President Ken Lewenza said at a news conference. In exchange, the CAW got Chrysler and potential partner Fiat SpA to agree to keep its two Chrysler assembly plants open even if bankruptcy is unavoidable, Lewenza said. General Motors and Ford Motor Co., which signed new CAW agreements earlier, have indicated their desire to get the same concessions as those negotiated with Chrysler, Lewenza said.
Why aren’t Porsche 911 GT3 owners in the UK being compensated?
Mon, 28 Apr 2014UK owners of the 911 GT3 aren’t getting compensation It does seem reasonable that if you buy a car you subsequently can’t use because of a design flaw, that the car maker pays you compensation for loss of use. So when Porsche ordered owners of the 911 GT3 to stop using their cars after a fire risk was revealed thanks to a faulty connector, it seemed certain owners would be in for some payback from Porsche. But despite offering US owners of the GT3 $2,000 a month for loss of use, up to $4,000 a month for those in the Middle East and €175 a day for German owners, UK owners of the GT3 aren’t getting a penny.
Porsche Macan means 1,000 extra jobs at Porsche
Wed, 13 Mar 2013The Porsche take on the Audi Q5 – the new Porsche Macan – looks set to be Porsche’s biggest selling model ever and means 1,000 new jobs at Porsche. The ‘baby’ Cayenne – the Porsche Macan – is Porsche’s take on the Audi Q5 and a model that looks set to take Porsche’s sales to levels undreamed of a decade ago (pre-Cayenne). But although the Macan is based on the Q5 – just as the Cayenne shares its underpinnings with the Q7 and Touareg – Porsche say it will still be a red-blooded Porsche – the ‘Sports’ car in its sector – when it goes on sale later in 2013, so we don’t expect to see a lethargic eco diesel under the bonnet, although a fettled 2.0 litre TDI is highly likely.