TORONTO-The Canadian Auto Workers union would have to reduce wage, benefit and pension costs by more than $500 million annually at General Motors of Canada to match labor costs at the highest-paying Japanese assembly plant in the United States. Negotiations between the automaker and the union on reducing labor costs are expected to begin later this week. MORE
DETROIT-Despite dismal sales in January, industry analysts say carmakers may have finally found the bottom and that the market is beginning to stabilize. MORE
GRAND JUNCTION, CO-Leitner-Poma of America Inc., a manufacturer of ski lift equipment, has opened a 92,000 square-foot assembly plant here. In 2008, the company sold 13 chairlifts for resorts around the world. Each system was worth between $4 million and $6 million. MORE
BANGALORE, India-Despite the ongoing recession, India’s electric car manufacturer Reva is looking to increase production with the help of a new assembly plant. MORE
AUBURN HILLS, MI-Chrysler LLC has resumed production in about half of its assembly plants, including those in Toledo, Ontario, St. Louis and Saltillo, Mexico. MORE
WASHINGTON-The U.S. wind energy industry shattered all previous records in 2008 by installing 8,358 megawatts of new generating capacity, increasing the country’s total wind-power capacity by 50 percent. MORE
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