auto

Workers abandon Japan nuclear plant as radiation surges

Workers working tirelessly at a tsunami-affected nuclear plant in Japan were asked to leave for a while when radiation levels began to peak. The circumstances suggest that the nuclear crisis in Japan is getting more serious with time.

Concessions over, UAW says

Detroit -- United Auto Worker representatives, kicking off their constitutional convention in Detroit Monday, said they had done their part to salvage the auto industry.

"We did what we needed to do to preserve the auto industry and save jobs," said outgoing union President Ron Gettlefinger, who presided over an era in which two of Michigan's Big Three automakers emerged from bankruptcies as vastly trimmed down companies.

Some convention proposals reflect the mood of union workers who say they have made enough concessions, The Detroit News reported.

One proposal from Local 961 would prevent union negotiators from giving up the right to strike – "ever."

Another proposal would allow union members to vote on whether to reopen contract negotiations.

Toyota's Hybrid Car Cares

As people become more aware and conscious of environmental issues, Toyota, to put in its mite, has launched a model that takes extra care of the environment.

The Japanese company launched its new model Sai Hybrid Sedan this month.

The Sai, which was recently launched in Japan, will be introduced to the rest of the world after 2010. It is known to be one of the best hybrid cars of all times.

Volvo Goes to Geely

Ford announced this week that it would be selling its Swedish brand Volvo to Chinese automaker Geely, emphasizing China’s growing hold in the global auto industry.

Ford confirmed its terms with Zhejiang Geely Holding Group Co. Ltd., and said that all “substantive commercial terms” have been settled. Now all that is left is a sales agreement, which is expected to be signed in the first quarter of 2010. The final closing of the deal is expected for the second quarter.