The United Auto Workers union overwhelmingly rejected additional modifications to a 2007 labor agreement with Ford Motor that would have granted the auto company concessions similar to those ratified earlier this year for rivals Chrysler and General Motors.
The role of the United Auto Workers used to be a simple one: adversary to the Detroit Three, fighting in recent decades to keep jobs in the U.S. and maintain the great wages and benefits that helped create a blue-collar middle class that stretched from Indiana to Michigan.
There was a time, not very long ago, when getting a job on the production line at a big automaker meant an instant ticket to the American dream, even for someone with little formal education. Not anymore.
The United Auto Workers union Friday overwhelmingly ratified a labor deal with General Motors that included concessions, but is not enough to keep the company out of bankruptcy.
The current plans to restructure General Motors and Chrysler LLC will leave the United Auto Workers union in the driver's seat at both companies. But it appears that the union would rather be in the back seat.
The United Auto Workers union announced Sunday it had reached an agreement with Chrysler, Fiat and the U.S. government that meets the requirements of the Treasury Department for loans to the auto giant.
General Motors and the United Auto Workers union have agreed to eliminate a controversial program that kept workers at near full pay even when there was no work for them, the company confirmed Wednesday.
President Bush's bailout plan contains some "targets" the government wants the automakers and the United Auto Workers union to achieve before agreeing to a bailout loan.
The United Auto Workers union said it is encouraged by the White House's decision to consider rescuing troubled auto companies by using funds set aside to bail out Wall Street.
The United Auto Workers agreed to work with the embattled U.S. automakers about changes in their labor contract, an important step for the industry's chance to win up to $34 billion in federal loans.
The United Auto Workers union overwhelmingly rejected additional modifications to a 2007 labor agreement with Ford Motor that would have granted the auto company concessions similar to those ratified earlier this year for rivals Chrysler and General Motors.
The role of the United Auto Workers used to be a simple one: adversary to the Detroit Three, fighting in recent decades to keep jobs in the U.S. and maintain the great wages and benefits that helped create a blue-collar middle class that stretched from Indiana to Michigan.
There was a time, not very long ago, when getting a job on the production line at a big automaker meant an instant ticket to the American dream, even for someone with little formal education. Not anymore.
The United Auto Workers union Friday overwhelmingly ratified a labor deal with General Motors that included concessions, but is not enough to keep the company out of bankruptcy.
The current plans to restructure General Motors and Chrysler LLC will leave the United Auto Workers union in the driver's seat at both companies. But it appears that the union would rather be in the back seat.
The United Auto Workers union announced Sunday it had reached an agreement with Chrysler, Fiat and the U.S. government that meets the requirements of the Treasury Department for loans to the auto giant.
General Motors and the United Auto Workers union have agreed to eliminate a controversial program that kept workers at near full pay even when there was no work for them, the company confirmed Wednesday.
President Bush's bailout plan contains some "targets" the government wants the automakers and the United Auto Workers union to achieve before agreeing to a bailout loan.
The United Auto Workers union said it is encouraged by the White House's decision to consider rescuing troubled auto companies by using funds set aside to bail out Wall Street.
The United Auto Workers agreed to work with the embattled U.S. automakers about changes in their labor contract, an important step for the industry's chance to win up to $34 billion in federal loans.
Why is the U.S. auto industry in such a precarious position?
General Motors, Ford, Chrysler and the United Auto Workers union are pouring millions of dollars into a lobbying campaign for a taxpayer bailout.
Negotiators at embattled Ford Motor Co. and the United Auto Workers union reached an agreement on a tentative labor pact early Saturday after marathon talks that went through two straight nights, becoming the only U.S. automaker to reach a deal this year without a brief strike.
General Motors and Chrysler LLC got most of what they wanted from the United Auto Workers, even if it took two blink-of-the-eye strikes to get it.
A strike at Chrysler by the United Auto Workers union ended less than seven hours after it began Wednesday, as the union announced late in the afternoon that it had reached a tentative agreement with the nation's No. 4 automaker.
More than 32,000 members of the United Auto Workers union struck Chrysler LLC on Wednesday, after marathon labor talks between the union and the money-losing automaker failed to avert the industry's second strike in two weeks.
Chrysler, which is in the process of trying to win cut cost in the marathon talks now taking place with the United Auto Workers union, will be looking to cut about 1,500 jobs out of its non-union staff as well.
When the United Auto Workers gave Chrysler LLC a 72-hour deadline on Sunday, it set the clock ticking on what promise to be difficult negotiations but it did not spark an imminent strike threat, experts said.
Stocks were headed for a positive open after an in-line jobs report showed growth was back on track for September and suggested that the Federal Reserve may cut rates in the near future.
The tentative contract between General Motors and the United Auto Workers would allow GM to close a plant each in Michigan and Indiana and possibly shut down several other facilities, according to a detailed copy of the agreement.
Ford Motor may seek deeper cost cuts from the United Auto Workers union than those that the union granted to General Motors, according to a published report.
General Motors' tentative labor deal with the United Auto Workers union includes guarantees that the automaker will continue to build cars and trucks at its remaining UAW-represented assembly lines, according to highlights of the agreement given to the union's local leadership Friday.
General Motors Corp. will put $29.9 billion into a fund for retiree healthcare and guarantee that cars and trucks will be built at 16 U.S. plants as part of its tentative contract agreement with the United Auto Workers, according to a summary of the agreement released Friday by the union.
General Motors Corp. shares edged up Friday as leaders of the United Auto Workers planned to brief union officials from factories across the nation on the terms of a historic new contract with the company.
The United Auto Workers said early Wednesday it has reached a tentative contract agreement with General Motors Corp. that could end a two-day nationwide strike.
Negotiators from the United Auto Workers union and General Motors reached a tentative agreement on a groundbreaking deal early Wednesday to end a two-day strike by 73,000 workers, according to the union and the company.
The United Auto Workers union launched a nationwide strike against General Motors on Monday as 73,000 UAW members walked off the job and hit the picket lines at the nation's largest automaker.
U.S. stock futures fell Tuesday as signs that consumers may be cutting back fanned recession worries.
The negotiations with GM were all about health care, but the union suddenly decided to strike over job security. Why?
Negotiators for General Motors Corp. and the United Auto Workers were close to finalizing the details of a new contract Sunday after 20 straight days of talks, according to a local union official who is being briefed on the discussions.
The United Auto Workers decision to call a nationwide strike against General Motors today is already unleashing the usual amount of consternation and hand-wringing.
More progress was reported Saturday as negotiators for General Motors Corp. and the United Auto Workers worked on a historic new contract that would shift retiree health care costs from the company to the union.
General Motors Corp. and the United Auto Workers were dealing with wages and job security issues Friday while experts crunched the numbers on a possible health-care deal, according to people briefed on the talks.
The Detroit Three automakers all are struggling with declining U.S. market share, health care costs and bloated infrastructure, but they have unique issues that could make it difficult for the United Auto Workers to impose a contract with General Motors Corp. on Ford and Chrysler.
A deal now in the works between the United Auto Workers and General Motors could include a large signing bonus for workers at the plant as a way of winning approval for the automaker shedding billions in retiree health care costs, according to published reports.
Bargainers for General Motors Corp. and the United Auto Workers resumed contract negotiations Monday amid optimism that they are getting closer to a contract agreement
Contract negotiations between General Motors Corp. and the United Auto Workers reached a critical point Sunday as local union officials hoped for an agreement but prepared once again for a possible strike on Monday.
General Motors Corp. and the United Auto Workers still faced significant hurdles at the bargaining table Sunday despite making progress at negotiations a day earlier.
Negotiators for the United Auto Workers and General Motors Corp. ended a marathon bargaining session early Saturday, more than four hours after their contract was set to expire.
United Auto Workers union President Ron Gettelfinger has told members of his bargaining team that he is willing to agree to the creation of a union-controlled trust fund to assume responsibility for nearly $100 billion in retiree health care costs, according to a published report.
"All these yeses - sounds like my bedroom," a union guy whispers in my ear. Yuk-yuk. The setting is a crowded hotel meeting room at the Tropicana Casino & Resort in Atlantic City. It's past midnight on the last Saturday in August. I'm here with dozens of increasingly confident union supporters and several dour company officials as a blue-suited woman from the National Labor Relations Board unfolds ballots one by one and counts the votes: "Yes. Yes. Yes."
The most important labor talks in the history of the U.S. auto industry face a Friday deadline, but those hoping for a deal to let automakers shed about $100 billion in health-care liabilities and become more competitive with Japanese rivals may have to wait, as talks are now expected to go into overtime.
Contract talks between the United Auto Workers and the Detroit Three could run beyond a Sept. 14 deadline because so many issues are unsettled, including the companies' desire to pay the union to take over retiree health care, a person briefed on the bargaining said.
United Auto Workers chief Ron Gettelfinger said Wednesday that the union is not heading into the upcoming labor negotiations with U.S. automakers in a "concessionary mode."
Bankrupt auto parts manufacturer Dana Corp. reached labor deals with the United Auto Workers and United Steelworkers unions Friday, which the company said will lead to private equity firm Centerbridge Capital Partners and its affiliates to invest up to $500 million in cash in its operations.
United Auto Workers union members have approved a deal that gives Delphi Corp. concessions on wages, benefits and plant closings that the auto parts maker has said it must have to exit bankruptcy.
The most surprising part of the Chrysler sales announcement Monday was the vote of support for the sale of the automaker to Cerberus Capital Management voiced by by Ron Gettelfinger, the president of the United Auto Workers union.
United Auto Workers union President Ron Gettelfinger vowed to fight to protect his battered membership's interests, but did not close the door on future concessions to help stem the losses among U.S. automakers.
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The head of the United Auto Workers union promised to work with bankrupt auto parts makers and troubled U.S. automakers to help turn around the struggling sector, but also said that the industry can not downsize itself to success.
General Motors Corp. Chairman and CEO Rick Wagoner said he would like to see an end to job guarantees for members of the United Auto Workers union at GM, but he wouldn't comment on his chances to win such a contract change in the 2007 labor negotiations.
NEW YORK (CNNMoney.com) - A thumbs-up this week from the United Auto Workers on a revised version of a pension reform bill helped smooth the way for its passage in the House of Representatives on Thursday afternoon.
The United Auto Workers announced Saturday that they have reached a tentative agreement with Ford Motor Co. that would allow the struggling No. 2 car maker to save money on health care matters.
RETIREES, PRESENT AND FUTURE, I HAVE BAD NEWS: ON Oct. 17, 2005, those medical benefits you were hoping to get from your employer--and maybe even were promised--got shoved much closer to oblivion. ...
The United Auto Workers union, which earlier this week reached an agreement to save General Motors Corp. about $1 billion a year in health care costs, has filed a lawsuit against the automaker that challenges that agreement.
GM's deal with the United Auto Workers propelled the stock and gave the Dow industrials a lift Monday morning at the start of the first heavy week of quarterly earnings reports.
General Motors Corp. announced an agreement Monday with the United Auto Workers union that the troubled automaker says will save billions in health care costs.
The United Auto Workers may have to work with General Motors Corp. to lower health care and other costs before the two sides renegotiate a major labor contract in 2007, a top UAW official told local union leaders Monday, according to a published report.
General Motors Corp. is set to take unilateral action to reduce its health care expenses if it doesn't get concessions from the United Auto Workers union by the end of the month, according to a published report.
In the just-completed contract talks between the United Auto Workers and the Big Three, each side got something: for the union, healthy raises; for the automakers, the right to close at least ten m...
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The United Auto Workers seems to be on a collision course with the Big Three automakers as contract talks begin. Although the current three-year pact doesn't expire until 11:59 P.M. September 14, a...
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It won't be just the heat that makes leaders of the United Auto Workers sweat in late July, when they begin negotiating national contracts with General Motors and Ford (talks with Chrysler start ne...
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