A strike by United Auto Workers union members at supplier American Axle Mfg. & Holdings Inc. cost General Motors Corp. more than $800 million in the first quarter, leading to an overall loss of more than $3.25 billion, the auto maker says. Meanwhile, the sluggish start to the year has GM reducing its U.S. sales expectations for 2008 by 500,000-plus units. It now expects industry sales to reach only the mid- to high-15 million-unit range, including heavy-duty vehicles, down from the ...
Premium Content (PAID Subscription Required)
"AAM Strike Costs GM $800 Million in Q1; U.S. Outlook Downgraded" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.