The Collapse of the Auto Industry – Are Unions to Blame? According to the Indianapolis Star, in the year ending 2007, the average base wage for a GM blue-collar employee, was just under $28 an hour. GM officials. Auto industry concerned by price hike in iron ore The European automobile industry is very concerned by the sudden and massive increase in the price of iron ore, a crucial ... Read More

After weeks of speculation, online buzz from many auto websites and blogs finally revealed that Dodge will abandon their Durango nameplate to replace it with what they'll call Magnum starting production for 2012. It can be remembered that the Magnum moniker was once used on the low-slung wagon built by Chrysler on their LX platform up until 2008. But the new Magnum, which will lean more toward the crossover segment rather ... Read More