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Oliva, Chrysler Canada's Labour Relations representative, shakes hands with Kennedy, CAW national secretary treasurer, while CAW representatives prepare to discuss contract negotiations with Chrysler Canada representatives, in Toronto

CAW And Detroit Three Reach Tentative Agreement

The Canadian Auto Workers (CAW) reached an agreement with Chrysler Group LLC, Thursday. The agreement mirrored prior agreements with Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM).
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GM Recalls 474,000 Cars For Gear Shift Problem

General Motors Co is recalling 473,841 Chevrolet, Pontiac and Saturn sedans globally to fix a condition that could cause the cars to roll over when the drivers think they are in park gear, the No. 1 U.S. automaker said on Friday.
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Weakness In Germany Drags Down Europe's August Car Sales

Car sales fell 8.9 percent in Europe in August, with Germany's activity dropping 4.7 percent, according to the European Automobile Manufacturers' Association. Ford Motor Co. (NYSE:F) had the worst month, with a nearly one-third drop in sales.

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