Tuesday, October 5, 2010

State of the Union October 5, 2010

Oct. 5, 2010 online at www.uawlocal2250.com


From President Dan Howell: We are in need of volunteers with landscaping experience to help lay the bricks for the Veterans Walk in front of the plant. If you are interested please contact me or leave a message at the Union Hall, 636-327-5796.

The field supplies for the van were up compared to August. Total stock stands at 21,543 – up 814 – for a 105 day supply. Net field stock is 13,240 – up 2034 – for a 65 day supply. Passenger vans are still in short supply, with only 1533 in total stock for some 3500 dealers (net stock stands at 872).

From Automotive News: Allstate Insurance Co. has sued Toyota Motor Corp., seeking to recover more than $3 million the insurer and affiliates paid in claims for accidents linked to unintended acceleration in Toyota vehicles. The lawsuit, filed last Friday in Los Angeles Superior Court, marks a relatively new front in the wave of U.S. civil litigation piling up against the Japanese automaker for economic losses stemming from complaints about Toyotas that have sped out of control and crashed. That sum ($3million) is a fraction of the $10 billion in total potential U.S. civil liability Toyota is estimated to face overall from unintended acceleration. But similar suits from other insurance carriers are bound to multiply the effect of such subrogation claims.

From Reuters: Tesla Motors said it is recalling more than 400 of its battery-powered Roadsters (or around 35% of every car they’ve ever made) because of the risk that a power cable could short and catch fire. Tesla said it had received a report of a single case where a 12-volt cable in the vehicle had chafed against a panel, causing a short. The cable then began smoking and may have caught fire in an area behind the front headlamp, Tesla, of Palo Alto, California, said. The recall is the second for Tesla on its Roadster, a $109,000 car on a Lotus platform that is powered by a battery pack stitched together from more than 6,800 laptop batteries.

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