USA / Machine-Building Industry
Autoworkers union begins talks on concessions
08.01.2009 16:08
washingtonpost.com
DETROIT -- United Auto Workers union bargaining officials are arriving in Detroit this week to begin discussing wage and benefit concessions they must make so General Motors Corp. and Chrysler LLC can keep their federal loans.
USA
Machine-Building Industry
Boeing plane orders, deliveries fall in 2008
08.01.2009 16:08
washingtonpost.com
PITTSBURGH -- Hurt by a late-year strike and shrinking airline demand, Boeing Co.'s passenger jet deliveries fell 15 percent in 2008, ensuring that archrival Airbus retained its rank as the world's top plane maker.
USA
Machine-Building Industry
Cathay shares fall sharply on fuel hedging loss
08.01.2009 02:06
washingtonpost.com
HONG KONG -- Shares in Cathay Pacific Airways Ltd. fell sharply Thursday after Asia's third-largest carrier said it could lose nearly $1 billion from hedging its jet fuel costs, adding to the toll on global airlines from bad bets on oil prices.
USA
Machine-Building Industry
Toyota asks Japan workers to lower pay amid slump
08.01.2009 02:06
washingtonpost.com
TOKYO -- Toyota Motor Corp. said Thursday it is negotiating with its workers in Japan to slash salaries as it stops production to adjust to slumping global demand.
USA
Machine-Building Industry
Nissan shows pricier GT-R Spec V sportscar
08.01.2009 00:10
washingtonpost.com
TOKYO -- Even as automakers slash production targets and cut workers, Nissan showed off a 15 million yen ($161,300) souped up version of its GT-R sportscar Thursday that it said was a bargain compared to European rivals.
USA
Machine-Building Industry
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