News & Events
AIADA provides its members with the information they need to be engaged and effective advocates for the international nameplate auto industry. See below for information on upcoming events, press releases, and publications—including AIADA's daily e-news digest FirstUp, quarterly magazine AutoDealer, and Chairman’s Blog.
Upcoming Events
Toyota Plans to Add Hundreds of Jobs at Kentucky Plant, Offers Signing Bonus
Toyota plans to add 400 workers as soon as possible to its plant in Georgetown, Ky., the Japanese automaker announced Tuesday. The Courier-Journal reports that new hires at the plant, which is Toyota's largest in the world, will receive a $500 signing bonus if they remain on the job for at least six months, according to Toyota spokesman Rick Hesterberg.
UAW Strike Has Now Cost $2B, 'Could Bring GM to Its Knees,' Bank of America Says
The strike by General Motors workers has cost about $2 billion through the first four weeks, Bank of America estimated, saying that the beginning of week five means “everyone hurts.”
Used-Car Price Tumble Spells Trouble for the U.S. Auto Market
Falling used-car prices last month were a major contributor to subdued inflation for the U.S. economy. Auto analysts warn this could be a lasting trend with major negative implications for new-vehicle demand, reports Bloomberg.
Midengine Corvette, Large SUVs to be Delayed by Strike
The UAW's strike of General Motors will push back the launch of the automaker's long-anticipated midengine Chevrolet Corvette and will delay a number of high-margin SUVs, according to LMC Automotive.
UAW Says It Remains at Odds with GM Over Job Security
According to Automotive News, the UAW and General Motors are still far apart on at least one of the labor contract's major sticking points: job security, a top UAW official said Tuesday.
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