This past June, Chrysler Group LLC announced that its World Class Manufacturing (WCM) Academy had generated more than $1 million in savings after only six months.
DETROIT—The Treasury Department will sell its remaining stake in General Motors in the next year or so, winding down a $50 billion bailout that saved the iconic American car giant but also set off a heated debate about government intervention in private business.
DEARBORN, MI—Ford is spending about $773 million to expand six Michigan assembly plants while adding 2,350 factory jobs in the state, part of a broader investment plan announced last year. Ford aims to invest $6.2 billion in U.S. facilities and add 12,000 factory jobs across the country by 2015.