May 20th, 2009 by Bill Cawthon
Tom LaSorda, who retired at the end of April as Chrysler president and vice chairman, has a new job: he has joined Penske Automotive Group as an advisor as the auto retailer considers a bid for Saturn’s distribution network.
A spokesman for Penske confirmed an earlier Bloomberg News report that LaSorda had been brought on as [...]
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April 30th, 2009 by DaveAdmin
While Bob Nardelli will leave his CEO post at Chrysler to take up an advisory role at Cerberus, Tom LaSorda announced that he would retire while Chrysler is in Chapter 11 bankruptcy.
While LaSorda’s performance at Chrysler Corporation, DaimlerChrysler, and Chrysler LLC has generally been seen as positive, he recently threatened to shut down Chrysler’s usually-profitable Canadian [...]
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April 25th, 2009 by Bill Cawthon
Attributed to Tom LaSorda, Vice Chairman and President:
“We are extremely grateful to the CAW leadership and to its hard-working members for their openness in this challenging environment to create a new strategy that will lead this company on a path to success. We also want to recognize the Canadian Federal and Ontario governments for their [...]
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April 17th, 2009 by Bill Cawthon
Chrysler Vice Chairman Tom LaSorda is getting set to play hardball with the Canadian Auto Workers union. LaSorda has already threatened to shut down Chrysler’s Canadian operations if the automaker’s demands for concessions aren’t met and new CAW President Ken Lewenza has said Chrysler is asking the union for unfair terms.
At stake is Chrysler’s survival, [...]
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March 28th, 2009 by Bill Cawthon
Chrysler and the Canadian Auto Workers unions failed to reach an agreement on contract changes. The two sides had hoped to have an agreement by Friday to allow workers to vote on ratification over the weekend. The failure jeopardizes Chrysler’s chances of being able to meet a March 31 deadline for presenting a turnaround [...]
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March 22nd, 2009 by Bill Cawthon
With opening volleys having been fired by Vice-Chairman Tommy LaSorda and Rick LaPorte, president of Canadian Auto Workers Local 444 (see preceding story), negotiations on changes to the existing labor contract are scheduled to begin tomorrow.
In earlier statements, LaSorda threatened to shut down all Chrysler operations in Canada if the company can’t get the concessions [...]
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