Chrysler strike costs millions as plants idle in Twinsburg
Analysts say a five day United Auto Workers walkout at Chrysler's Twinsburg plant cost up to 75 million dollars. The strike idled 20,000 workers as assembly plants across four states and Canada shut down. production may not be made up this year.
MENTIONED IN THIS ARTICLE
Twinsburg
Chrysler Corp
United Auto Workers Local 122
Paul Jeannette
Chrysler
United States
Canada
Chrysler Assembly
No. 3
David Healy
Drexel Burnham Lambert Inc
New York
Healy
Death by own action rim case settles in court
William Cahill, a 64 year old Chicago Ridge mechanic who lost a leg after a Goodyear two piece rim exploded while he mounted a tire, won a 1.2 million settlement as opening statements neared in a U.S. District Court. The case mirrors a string of suits against Goodyear and Firestone over multipiece rims blamed for dozens of accidents. Experts predict a shift to one piece rims while more than 100 cases remain pending and damages rise into millions as manufacturers face lawsuits and calls for safer designs.
MENTIONED IN THIS ARTICLE
Cahill
Chicago Ridge
U.S
Aaweanian Neddan
Goodyear Tire &Rubber Co
Firestone Tire & Rubber Co
Goodyear
John Risjord
Kansas City, Mo
Insurance Institute For Highway Safety
Risjord
Nies
Firestone
Maloney
Boonuiwlng
Husa
Ford
General Motors
Risford
National Highway Transportation Safety Administration
NHTSA
Insurance Institute
GM raises quarterly dividend to $1 a share
General Motors directors vote to boost the quarterly common stock dividend to $1 from 60 cents, citing improved profitability. The payout, payable December 10 to record holders November 17, comes as GM stock closed at 75.25 on the NYSE, down 1.50.
MENTIONED IN THIS ARTICLE
General Motors Corp
New York Stock Exchange
Roger Smith
F. James McDonald
Executive Oversight Cited in Door Lock Incident
The door was not stuck, but Stephen Sharf, vice president of manufacturing, had pushed the child lock on the side door and forgot to release it as he and other executives were due to disembark.
MENTIONED IN THIS ARTICLE
Stephen Sharf
Also Mentioned on This Page
Oaly
Ito
Ving Asan
Chicago Tribune
Chicago
William Cahill
Risjord and Maloney
Silver-Reed America.inc
Vipoanert
Laas
C-T
Elyria
James A. Microp
Windsor, Ontario
Radio Shack
Radio Shack Computer Centers
Radin Shack
Radioe Shack
Ameritrust
Amerinist
Full Cent
Ohio
National Financial Services Corporation
Amerirust
Cuyahoga County
Maar Brokerage Services
Amerilrust
Euclid Avenue
Box
Cleveland
Ameritust
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