Sentences with phrase «owned auto plants»
Bush's plan comes with demands that the Big Three restructure their finances, reduce their debt by two - thirds and reduce their unionized workers» wages to more closely match those of workers at foreign - owned auto plants in the United States.
https://www.greentechmedia.com/ Not exact matches
His departure as chairman marks the end of an era in Canadian business during which his empire included the auto parts company, MI Developments Inc., which owns the real estate under many of Magna's plants, and Magna Entertainment Corp., a racetrack and gambling company that went into Chapter 11 bankruptcy protection in 2009.
The plant is the only Japanese - owned auto factory with UAW representation.
But in some parts of the country a grass - roots movement of laid - off workers resisting the plant closures is exerting surprising pressure upon its own leadership, as the recent vote by the rank and file membership of United Auto Workers to defy its own leadership and decisively reject a wage agreement with Chrysler Corporation appears to indicate.
The strike, which reportedly cost the country's auto industry an estimated US$ 44 million per day, affected Daewoo's main Pupyong facility in Inchon — now running at only 50 % capacity, plus plants owned by Hyundai Motor Co. Ltd., Kia Motors Corp. and Daewoo - owned Ssangyong Motor...
During World War II, the Auto Union plants, including the ones owned by Audi, were used for military purposes.
«I've come to acknowledge the fact that the choices I make in my own work have an impact,» says the designer, who selects eco-conscious materials such as Fordite (recycled by - products from auto plants) and Bowlerine (old bowling balls).