11 Stories

UAW Appeals Tennessee Loss, Slams Sen. Bob Corker

Union says he unfairly swayed vote

(Newser) - The United Auto Workers is challenging last week's close vote by workers at a Volkswagen plant in Chattanooga, Tenn., that rejected the UAW's bid to represent them. In an appeal filed with the National Labor Relations Board, the union asserted that "interference by politicians and outside special... More »

Why Labor Lost Its Crucial VW Vote

Pundits weigh in on what the UAW needs to do now

(Newser) - On Friday, the United Auto Workers union lost what had been hyped as a make-or-break vote for the future of the labor movement, as Volkswagen workers in Chattanooga, Tenn., rejected a company-backed plan to unionize. Why did that happen, and what does it mean for unions? Here's what people... More »

Huge Loss for UAW: Tennessee Workers Say No

Volkswagen employees reject union

(Newser) - Workers at a Volkswagen factory in Tennessee have voted against union representation, a devastating loss that derails the United Auto Workers union's effort to organize Southern factories. The 712-626 vote released tonight stunned many labor experts who expected a UAW win because Volkswagen tacitly endorsed the union and even... More »

American Went Bankrupt to Undercut Union

Healthy companies use bankruptcy to cut labor costs: Stephen Gandel

(Newser) - American Airlines has $4 billion in the bank, doesn’t need emergency financing, and feels quite confident it can keep paying its vendors, business partners, and creditors in full. So where was the crisis that pushed it into bankruptcy ? “It doesn’t appear there was any,” writes... More »

GM to Reopen Tennessee Factory in UAW Deal

Workers win $5,000 signing bonus in 4-year pact

(Newser) - Details are emerging from the deal for a four-year contract struck last night by GM and the UAW. Both sides seemed pleased with the deal, the first since the government bailout and one that will serve as a model for the UAW's talks with Ford and Chrysler, notes the... More »

Ford to Add 7K US Jobs Over Next 2 Years

Company expands as demand rises

(Newser) - Ford will add more than 7,000 jobs at US factories over the next two years, the Detroit News reports. The auto giant expects to add 4,000 factory jobs in 2011 and another 2,500 in 2012, along with about 750 coordinating positions, as demand continues to grow for... More »

UAW Overwhelmingly Backs GM Concessions

(Newser) - United Auto Workers members have ratified a package of concessions designed to reduce General Motors' labor costs. Union president Ron Gettelfinger said today 74% of GM's production and skilled-trade workers voted in favor. The vote comes before the company's expected Chapter 11 bankruptcy protection filing Monday. Bankruptcy experts say having... More »

US Likely to Own 70% of Bankrupt GM

(Newser) - If General Motors goes into bankruptcy next Monday—as is widely expected—the US government will own 70% of the automaker, the New York Times reports. Under a plan that GM officials detailed today to union members, the UAW would take a 17.5% stake though its health care fund,... More »

Feds to Send GM Into Bankruptcy

Rejection of survival plan means GM may go into bankruptcy as Chrysler emerges

(Newser) - The Obama administration is preparing to steer General Motors into bankruptcy next week, sources tell the Washington Post. The restructuring plan, which aims to shrink GM and turn it into a globally competitive automaker, will bring the company an extra $30 billion in federal loans, for a total of $45... More »

Chrysler Bankruptcy Faces Bumpy Road

(Newser) - The battle to restructure Chrysler is about to go public, and could get messy, Michael de la Merced writes for the New York Times. After failing to get all the automaker’s debt-holders in line, the government prepared a “prepackaged bankruptcy,” a Chapter 11 filing with a reorganization... More »

Chrysler May File for Bankruptcy Next Week

(Newser) - Chrysler is preparing to file for bankruptcy as early as next week, the New York Times reports. The best-case scenario for survival: Chrysler will strike a deal with its lenders, file for bankruptcy protection to shed liabilities, then merge its strongest assets with Fiat. If those deals fall through, the... More »

11 Stories