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Automotive Industry & Labor Costs News is an EIN News Service for international employment professionals. Constantly updated news and information about employment.
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Latest Automotive Industry & Labor Costs News

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  • Wall Street week: Eye on the consumer 29 Nov 2009 13:00 GMT
    ... Despite ongoing calls for a bigger selloff, the market ... month. Also on tap: reports on November auto and truck sales. On Tuesday evening, President Obama is expected ... revised reading on third-quarter productivity, the third-quarter employment cost index and the November ISM services sector ...

  • Eye on the consumer 29 Nov 2009 13:33 GMT
    ... Despite ongoing calls for a bigger selloff, the market ... month. Also on tap: reports on November auto and truck sales. On Tuesday evening, President Obama is expected ... revised reading on third-quarter productivity, the third-quarter employment cost index and the November ISM services sector ...

  • Wall Street: Eye on the consumer 29 Nov 2009 18:40 GMT
    ... Despite ongoing calls for a bigger selloff, the market ... month. Also on tap: reports on November auto and truck sales. On Tuesday evening, President Obama is expected ... revised reading on third-quarter productivity, the third-quarter employment cost index and the November ISM services sector ...

  • Will market or gov't set M&A pace? 25 Nov 2009 03:52 GMT
    ... Updated: 2009-11-25 08:06 The acquisition of the automotive assets of Aviation Industry Corp of China ... segment and expands the reach of Chang'an Auto Group in passenger cars through its joint ventures with ... million units by 2030 - the low cost of labor, the ready access of technology and the ...

  • Fed Officials Worries Excessive Speculation 25 Nov 2009 13:14 GMT
    ... Regarding the TALF, the staff indicated that auto and credit card asset-backed security issuance was ... imported oil. In contrast, imports of machinery, automotive products, and industrial supplies increased. Indicators of ... contributing to a sizable decline in unit labor costs so far this year. Market participants largely ...

  • Sweden: Koenigsegg pulls out of Saab deal 28 Nov 2009 11:15 GMT
    ... the increasing unlikelihood of a rebound in auto sales in the coming period, and the massive debts ... blog, who wrote that given the high labour costs in Sweden, “It's surprising Koenigsegg got into ... resolution. The involvement of Chinese automaker Beijing Automotive Holding Corp (BAIC), which agreed in September ...

  • Daniel Howes: Howes: Toyota not looking so shiny now 28 Nov 2009 04:33 GMT
    ... Co., kept delivering profits despite a global auto recession and its new South Korean rival, ... Ford's evident resurgence, also is rebalancing the automotive landscape in ways that seemed impossible just ... ago. Fresh from federally induced bankruptcy, GM's labor costs are competitive; its product portfolio is solid; ...

  • New dreams at hotel rekindle memories 24 Nov 2009 04:35 GMT
    ... New dreams at hotel rekindle memories I enjoyed the ... in America. The government restrictions and higher labor costs were affecting their ability to compete. They ... and Ford realized that their cut of auto sales would be smaller and began to ...

  • US Economy Expanded at a 2.8% Rate in Third Quarter 24 Nov 2009 14:35 GMT
    ... Nov. 24 (Bloomberg) -- The U.S. economy expanded at a ... last quarter was provided by the administration’s auto-incentive program known as “cash for clunkers,” which ... boosting company earnings as payrolls are reduced. Labor costs fell at a 5.2 percent rate last ...

  • New Study Shows Ten States Face Fiscal Crisis 25 Nov 2009 13:16 GMT
    ... Excluded were issues of long-term debt and public employee ... and few high-tech jobs. Heavily dependent on auto production, it never recovered from the 2001 ... to continued declines in reported sales, rising labor costs, and a need to cut costs. Reported ...

  • Fed expects slow recovery to keep U.S. joblessness elevated 24 Nov 2009 19:32 GMT
    ... WASHINGTON (MarketWatch) -- Federal Reserve officials believe the ... of temporary fiscal programs to help the auto and housing sectors. Some members said they ... inflation low. Continued deceleration in wages and labor costs were sighted as factors putting downward pressure ...

  • Fed sees tough job outlook 24 Nov 2009 22:42 GMT
    ... WASHINGTON (MarketWatch) -- Federal Reserve officials believe the ... of temporary fiscal programs to help the auto and housing sectors. Some members said they ... inflation low. Continued deceleration in wages and labor costs were sighted as factors putting downward pressure ...

  • Fed sees slow recovery holding jobless rate high 24 Nov 2009 22:47 GMT
    ... WASHINGTON (MarketWatch) -- Federal Reserve officials believe the ... of temporary fiscal programs to help the auto and housing sectors. Some members said they ... inflation low. Continued deceleration in wages and labor costs were sighted as factors putting downward pressure ...

  • Japan Autos Report Q1 2010 - new report released 25 Nov 2009 14:53 GMT
    ... Japan Autos Report Q1 2010 - a new market ... bumped up the market´s overall score, the auto industry is nearing full capacity, and this consequently ... of vehicle ownership restricts possible sales growth. Labour costs are also high, which adds to the ...

  • Daniel Howes: Howes: State tax credit to labor union is baffling 22 Nov 2009 04:30 GMT
    ... State tax credit to labor union is baffling Nestled between ... between this week's state tax credits for auto suppliers, a furniture maker and a few ... doing business here are higher "with higher labor costs being the main disadvantage." So what else ...


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