http://www.kokomotribune.com en-us Copyright CNHI All Rights Reserved. 5 Mon, 08 Jun 2009 12:20:00 +0000 http://www.kokomotribune.com/automotive/local_story_117225951.html http://www.kokomotribune.com/automotive/local_story_117225951.html Monday morning, instead of working, Richie Boruff left Kokomo for Detroit for a 5 p.m. meeting. Mon, 19 Jan 2009 23:55:00 +0000 http://www.kokomotribune.com/automotive/local_story_019235634.html http://www.kokomotribune.com/automotive/local_story_019235634.html Chrysler officials Monday confirmed some workers won’t be returning to work today at Kokomo’s four Chrysler plants. Sat, 22 Nov 2008 00:25:00 +0000 http://www.kokomotribune.com/automotive/local_story_326080445.html http://www.kokomotribune.com/automotive/local_story_326080445.html DETROIT -- The UAW is negotiating the possible elimination of its controversial jobs bank and is considering other concessions to help Detroit's automakers win low-cost loans from Congress, people familiar with negotiations said late Thursday. Wed, 19 Nov 2008 00:43:00 +0000 http://www.kokomotribune.com/automotive/local_story_323105715.html http://www.kokomotribune.com/automotive/local_story_323105715.html WASHINGTON - Prospects are looking dim for the $25 billion bailout that U.S. automakers say they desperately need to get through a bleak and dangerous December. Wed, 19 Nov 2008 00:42:00 +0000 http://www.kokomotribune.com/automotive/local_story_323124512.html http://www.kokomotribune.com/automotive/local_story_323124512.html WASHINGTON - Treasury Secretary Henry Paulson told Congress Tuesday he opposes tapping a $700 billion taxpayer-funded bailout pool to help struggling U.S. automakers. Wed, 19 Nov 2008 00:41:00 +0000 http://www.kokomotribune.com/automotive/local_story_323105032.html http://www.kokomotribune.com/automotive/local_story_323105032.html WASHINGTON -- United Auto Workers President Ron Gettelfinger will tell a Senate panel today that Detroit's Big Three automakers face liquidation if forced into bankruptcy and warned that taxpayers would have to pay at least $3 billion a year if the companies stopped paying for retiree health care. He also rejected new concessions by the union on wages or retiree benefits as some in Congress have demanded. Mon, 17 Nov 2008 23:26:00 +0000 http://www.kokomotribune.com/automotive/local_story_322110851.html http://www.kokomotribune.com/automotive/local_story_322110851.html With Congress returning Monday to deal with an auto industry in dire financial straits, the Bush White House stressed that it supports help, but not at the expense of the $700 billion Wall Street rescue program. Mon, 17 Nov 2008 23:22:00 +0000 http://www.kokomotribune.com/automotive/local_story_322232438.html http://www.kokomotribune.com/automotive/local_story_322232438.html The future seems bleak now as the major attraction for Tipton growth, Getrag Transmission Manufacturing LLC, filed for Chapter 11 bankruptcy, leaving business owners, elected officials and residents in the dark. Mon, 17 Nov 2008 23:19:00 +0000 http://www.kokomotribune.com/automotive/local_story_322104437.html http://www.kokomotribune.com/automotive/local_story_322104437.html It dominates the surrounding landscape, a four-story white building that was going to be the single largest investment in Tipton County history. Now the future for the Getrag plant is unknown. Mon, 17 Nov 2008 20:06:00 +0000 http://www.kokomotribune.com/automotive/local_story_322200623.html http://www.kokomotribune.com/automotive/local_story_322200623.html Download the latest GETRAG bankruptcy documents here. Fri, 14 Nov 2008 23:47:00 +0000 http://www.kokomotribune.com/automotive/local_story_319082355.html http://www.kokomotribune.com/automotive/local_story_319082355.html DETROIT -- As Detroit's crumbling auto industry asks Congress for a bailout, Chrysler is in the awkward position of paying about $30 million in retention bonuses to keep top executives while the company cuts thousands of jobs. Fri, 14 Nov 2008 23:46:00 +0000 http://www.kokomotribune.com/automotive/local_story_319130215.html http://www.kokomotribune.com/automotive/local_story_319130215.html WASHINGTON -- A bill to rescue the troubled auto industry with $25 billion in emergency loans inched forward today when Majority Leader Harry Reid said the Senate will begin debate Monday and hold a test vote two days later. Supporters scrambled for votes to break an expected filibuster. Fri, 14 Nov 2008 23:46:00 +0000 http://www.kokomotribune.com/automotive/local_story_319082740.html http://www.kokomotribune.com/automotive/local_story_319082740.html DETROIT -- Waiting times for salaried General Motors retirees to talk to counselors about their Medicare choices are stretching beyond an hour, an Extend Health official acknowledged Thursday. Fri, 14 Nov 2008 23:45:00 +0000 http://www.kokomotribune.com/automotive/local_story_319130616.html http://www.kokomotribune.com/automotive/local_story_319130616.html WASHINGTON -- A new poll released today says a majority of Americans back giving automakers a $25 billion federal bailout -- that's in contrast two earlier polls that said Americans were skeptical or opposed the action. Fri, 14 Nov 2008 00:13:00 +0000 http://www.kokomotribune.com/automotive/local_story_318073807.html http://www.kokomotribune.com/automotive/local_story_318073807.html DETROIT -- President-elect Barack Obama has raised the idea of appointing a so-called "auto czar" to oversee emergency federal aid to automakers, exact tough corporate reforms and ensure taxpayers earn a return on any investment in the auto industry.