United Auto Workers

Stories 81 - 100 | << Prev   Next >>

Struggle to Ratify Chrysler Deal
Struggle to Ratify Chrysler Deal
Oct 16, 2007 3:05 AM CDT

Struggle to Ratify Chrysler Deal

Some local UAW leaders unhappy with new contract

(Newser) - The proposed contract between Chrysler and the United Auto Workers has caused some division within the union and may not be ratified as quickly  as the deal with General  Motors, reports the Detroit Free Press. The council of local leaders who voted to approve it yesterday in Detroit were not...

AT&T, Verizon Look to Ape GM/UAW Retiree Deal

Telecom next industry likely for VEBAs.

(Newser) - GM’s pact with the UAW, which cleared $50 billion in retiree health costs from the automaker’s books by launching a union-run health fund, is drawing imitators. AT&T and Verizon are both hoping to mirror the arrangement created in GM’s deal, Bloomberg reports. The telecom giants have...

UAW Wins Some, May Lose Some in Chrysler Deal

Union hopes for a similar deal with Ford

(Newser) - Chrysler's UAW deal came about largely as a result of the company's late concession to preserve 3,100 UAW jobs at its Mopar parts arm and a transport operation. But even as the union trumpets those victories, more union concessions—allowing Chrysler to cut costs—will probably come to light...

Strike Over After Chrysler, UAW Reach Deal

Tentative contract, said to follow model set by GM pact, brings peace

(Newser) - Chrysler and the United Auto Workers reached a tentative agreement on a new four-year contract this afternoon, the Wall Street Journal reports, just hours after UAW members walked off the job at Chrysler plants. The agreement is said to follow the pattern set by last month's General Motors pact, which...

Chrysler Workers Walk Out
Chrysler Workers Walk Out
Oct 10, 2007 10:30 AM CDT

Chrysler Workers Walk Out

Second strike in two weeks for UAW, as talks with new owners miss deadline

(Newser) - United Auto Workers told its 49,000 Chrysler employees to walk off the job at 11 this morning after 24 hours of continuous negotiations failed to yield a contract. The action marks the second UAW strike against an automaker in 20 days. An expert estimated Chrysler will lose production on...

UAW Sets Chrysler Strike Deadline
UAW Sets Chrysler Strike Deadline
Oct 8, 2007 7:34 AM CDT

UAW Sets Chrysler Strike Deadline

Union names Wednesday deadline as Chrysler talks intensify, may near deal

(Newser) - The United Auto Workers turned up the heat on Chrysler over the weekend, threatening to  strike if contract talks are not settled by Wednesday. The deadline may mean a deal is close and the UAW wants to push for a resolution of last issues, the Wall Street Journal reports.

Auto Workers Face Off With Chrysler Next

Union turns to No. 3 automaker to extend terms of GM contract

(Newser) - The United Auto Workers have decided to sit down with Chrysler next, hoping to extend the terms of the contract negotiated with GM last month, Bloomberg reports. At Chrysler, the UAW will be dealing with a CEO who's been on the job just two months—Robert Nardelli, former chief of...

Pay Cuts Will Affect 25% of GM Workforce

New 'non-core' classification nearly halves $51/hour pay

(Newser) - UAW’s new contract with GM will mean lower wages for a quarter of union employees, Bloomberg reports. The 16,766 jobs labeled “non-core” in the deal would drop to $28 an hour, down from $51 an hour. “This is the beginning of the end of the well-paid...

Contract Allows GM to Shut 2 Plants

Several others also in jeopardy in deal for job protection

(Newser) - The tentative new contract between GM and United Auto Workers allows the company to shutter two plants and possibly several other facilities, according to a copy of the pact obtained by the AP. The union concessions on plants in Indianapolis and suburban Detroit were made in exchange for guarantees of...

Local UAW Leaders OK GM Agreement
Local UAW Leaders OK GM Agreement
Sep 28, 2007 3:37 PM CDT

Local UAW Leaders OK GM Agreement

Health-care trust, signing bonus details disclosed

(Newser) - United Auto Workers local leaders unanimously approved an agreement with General Motors today, setting the stage for a vote of members next week. The contract specifies that GM will inject $29.9 billion into a union-run trust that will assume health care costs, and continue to pay retiree health-care costs...

GM Pact Marks Health Care Upheaval
GM Pact Marks Health Care Upheaval
Sep 27, 2007 4:40 AM CDT

GM Pact Marks Health Care Upheaval

In seismic shift, more firms 'offloading' insurance costs

(Newser) - The agreement that ended the GM strike this week marks a major turning point for American industrial workers, as the fiscal management of retiree health care is shifted from employer to union. The move is part of a trend as companies seeking to be competitive "offload" health care obligations...

Stocks Rise on Buffett Rumor
Stocks Rise on Buffett Rumor
Sep 26, 2007 3:46 PM CDT

Stocks Rise on Buffett Rumor

Berkshire CEO may buy 20% of Bear Stearns

(Newser) - The Dow climbed 99.5 points today on the strength of the GM settlement and speculation that billionaire Warren Buffett might buy 20% of beleaguered Bear Stearns. The brokerage helped spur the biggest gain in a week, jumping 7.7% after the Buffett story circulated. Said a trader, “You...

GM, UAW Deal Is Turning Point for Detroit

Deflects retiree healthcare costs, will buy out some workers

(Newser) - The agreement General Motors and the UAW reached early this morning, after a 2-day walkout, could make a significant difference in Detroit's long, losing battle with foreign competitors who enjoy lower labor costs, the Wall Street Journal reports. GM successfully offloaded spiraling medical costs by forming a union-controlled trust, and...

GM, Union Strike Tentative Deal
GM, Union Strike Tentative Deal
Sep 26, 2007 3:28 AM CDT

GM, Union Strike Tentative Deal

Workers back on job as both sides agree to health pact

(Newser) - General Motors and the United Auto Workers have struck a contract deal that sent striking union members back to the job today, reports the Detroit Free Press. The late-night agreement includes GM's plan for a health program, which was the major sticking point in earlier negotiations.

GM Strike Goes Into Day 2; Talks Continue

Union seeks jobs guarantees in exchange for health-care changes

(Newser) - Bargaining resumed just hours after United Auto Workers walked off the job at GM plants yesterday morning, suggesting that  both sides in the stalled negotiations know they can't afford a prolonged work stoppage, Bloomberg reports. GM is losing output of 12,200 cars a day, a figure that will spike...

GM, Union Tangle Over Health Care, Labor Costs

Strike highlights rift; negotiations resume

(Newser) - At the root of the UAW's strike against GM's US factories is a fundamental conflict between management's need to cut costs and the union's resistance to offering more givebacks, Bloomberg reports. Negotiations resumed this afternoon between GM, which lost $12.4 billion last year, and the UAW, which represents 73,...

UAW Goes on Strike Against GM
UAW Goes on Strike Against GM
Sep 24, 2007 11:32 AM CDT

UAW Goes on Strike Against GM

Nationwide walkout follows 10 days of talks; negotiations continue

(Newser) - Unionized employees at GM plants across the country walked off the job today after their 11am strike deadline passed without an agreement. The UAW said it had done “everything possible to negotiate a new contract,” including bargaining for 10 days after the initial deadline. GM stock rose this...

UAW Sets 11am Deadline for GM Talks
UAW Sets 11am Deadline for GM Talks
Sep 24, 2007 6:27 AM CDT

UAW Sets 11am Deadline for GM Talks

Union amps up strike talk as sides are said to be close on historic deal

(Newser) - The United Auto Workers have turned up the pressure on contract talks with General Motors by setting a deadline of 11am ET today. The key issue of shifting health care costs to a union-run trust is said to have been settled, but other points remained unresolved yesterday. Still under discussion...

Historic Deal in Sight for GM and UAW

Agreement reached on shifting health costs to union-run trust

(Newser) - After bogging down for several days, talks between General Motors and the UAW got back on track yesterday as automaker and union reps closed in on a historic agreement to shift health-care costs to a union-controlled trust, the Wall Street Journal reports. The two sides are said to have a...

GM and UAW Hit Impasse on Health Care

Talks stalled on funding of union-run trust for medical costs

(Newser) - General Motors has reached an impasse with the UAW on the transfer of health care liabilities to a union-run trust, a serious blow to the company's plans for rejuvenation. Five days into contract talks, negotiators could not agree on the amount GM would pay into the fund, reports Bloomberg, and...

Stories 81 - 100 | << Prev   Next >>