Skip to: Content
Skip to: Site Navigation
Skip to: Search

October 6, 2008 1:15:13 PM CDT

Learn about Newser Points »

Stories related to: United Auto Workers

Stories

Stories 1 - 20 of 45

1 2 3 Next >>
  • July 2008

    • Pensions, Benefits Have GM Stalled

      New York Times  |  Jul 10, 08 9:28 AM CDT

      Pensions, Benefits Have GM Stalled

      (Newser) - General Motors is suffering as oil prices surge and consumer spending wanes, Roger Lowenstein writes in the New York Times . But the biggest, and perhaps fatal, culprit of its recent troubles—with stock prices near a 50-year low—are the generous health care and pension benefits it agreed to lavish upon its workers more than 50 years ago. More »

      Tags

      auto industry  • General Motors  • United Auto Workers  • auto sales  • pensions

  • May 2008

    • American Axle Deal Restarts GM Plants

      Wall Street Journal  |  May 19, 08 7:52 AM CDT

      American Axle Deal Restarts GM Plants

      (Newser) - General Motors is poised to resume production at dozens of idled plants as workers at American Axle & Manufacturing, a key GM supplier, have reached a tentative deal in their 11-week-old strike. The UAW strike had all but stopped the production of GM's highly profitable SUVs, pickups, and vans, reports the Wall Street Journal, sinking the automaker's first-quarter earnings and undermining its liquidity. More »

      Tags

      auto industry  • General Motors  • United Auto Workers  • buyout  • UAW strike

  • February 2008

    • Chrysler Loss Deepened After Daimler Split

      Wall Street Journal  |  Feb 28, 08 12:56 PM CST

      Chrysler Loss Deepened After Daimler Split

      (Newser) - Chrysler lost nearly $2.9 billion in a 2-month period last fall, after its split from Daimler, a filing by the German company shows. The filing by Daimler, which retains 19.9% of the automaker, offers a rare look at how costly the company's reorganization effort has been since it was taken private by Cerberus Capital Management in May, the Wall Street Journal reports. More »

      Tags

      Detroit  • Chrysler  • earnings reports  • United Auto Workers  • Robert Nardelli  • DaimlerChrysler  • Tom LaSorda

    • Auto Worker Powerhouse Doug Fraser Dead at 91

      Detroit Free Press  |  Feb 25, 08 2:47 AM CST

      Auto Worker Powerhouse Doug Fraser Dead at 91

      (Newser) - Former United Auto Workers president Doug Fraser, who played a vital role in saving Chrysler from bankruptcy, died yesterday at age 91. The cause of death was unknown, but Fraser had been suffering from emphysema, the Detroit Free Press reports. As UAW president during the ’70s and ’80s, Fraser helped win comprehensive health care and improved working conditions. More »

      Tags

      obituary  • auto industry  • Detroit  • Chrysler  • United Auto Workers  • labor unions  • unions  • Ron Gettelfinger

    • GM Posts Industry Record $38.7B Loss

      Associated Press  |  Feb 12, 08 7:05 AM CST

      GM Posts Industry Record $38.7B Loss

      (Newser) - General Motors today posted a $38.7 billion loss for 2007, the largest annual deficit ever for an automotive company, beating its own 1992 record of $23.4 billion. GM also struck a deal with the United Auto Workers on buyout options for the remaining 74,000 hourly UAW workers at US plants, reports the AP, clearing the way for low-cost replacement labor. More »

      Tags

      General Motors  • United Auto Workers  • Rick Wagoner

  • December 2007

    • GM Offering Buyouts to 5,200 Workers

      Detroit News  |  Dec 19, 07 5:59 AM CST

      GM Offering Buyouts to 5,200 Workers

      (Newser) - General Motors is offering to buy out another 5,200 hourly workers, the Detroit News reports. The automaker, worried that the slowdown in auto sales will carry into next year, is keen to get veteran workers out the door and lower-paid new workers in. Over 34,000 blue-collar workers left the company last year in a similar deal. More »

      Tags

      auto industry  • General Motors  • Detroit  • United Auto Workers  • buyout  • labor  • Rick Wagoner

  • November 2007

    • Ford Workers Ratify Pact With UAW

      Detroit Free Press  |  Nov 14, 07 3:16 PM CST

      Ford Workers Ratify Pact With UAW

      (Newser) - UAW workers at Ford overwhelmingly approved a four-year contract today that shifts responsibility for some retiree health benefits to the union, the Detroit Free Press reports. The agreement also allows Ford to hire new employees for lower wages and fewer benefits. The contract approval follows similar deals at GM and Chrysler, though Ford was the only one of the three to avoid a strike. More »

      Tags

      General Motors  • Detroit  • Ford  • car  • Chrysler  • United Auto Workers  • labor

    • GM’s Wagoner Weathering the Storm

      BusinessWeek  |  Nov 8, 07 9:31 AM CST

      GM’s Wagoner Weathering the Storm

      (Newser) - CEO heads are rolling on Wall Street as third quarter red ink stains their reps and boards act to soothe shareholder worries with new management, cost cutting, and reorganization. But it's business as usual in Detroit, where GM CEO Rick Wagoner just announced a staggering $39 billion loss, reports Business Week . Motor City madness? Just dealing with reality. More »

      Tags

      auto industry  • General Motors  • Detroit  • United Auto Workers  • Rick Wagoner

    • Chrysler to Lay Off 12,000

      Bloomberg  |  Nov 1, 07 11:59 AM CDT

      Chrysler to Lay Off 12,000

      (Newser) - Chrysler today announced plans to cut up to 12,100 jobs, about 14% of its workforce, on top of the 13,000 layoffs announced in February. With the US auto market tumbling—sales are on pace for their worst year since 1998—Chrysler’s new owners, private equity firm Cerberus Capital Management, hope to slim the company’s profile, Bloomberg reports. Four vehicles are getting the ax as well. More »

      Tags

      Chrysler  • United Auto Workers  • labor  • Dodge

  • October 2007

    • UAW Ratifies Chrysler Contract

      Wall Street Journal  |  Oct 27, 07 11:07 AM CDT

      UAW Ratifies Chrysler Contract

      (Newser) - The UAW said today that its employees had approved a four-year contract with Chrysler by the thinnest of margins, the Wall Street Journal reports. The union said 56% of production workers and 51% of skilled trade workers voted in favor of the deal, despite significant dissent among workers. The UAW will now concentrate on nailing down a deal with Ford. More »

      Tags

      Chrysler  • United Auto Workers  • Ron Gettelfinger

    • UAW Shifts to Hard-Up Ford

      Wall Street Journal  |  Oct 26, 07 4:30 AM CDT

      UAW Shifts to Hard-Up Ford

      (Newser) - With the United Auto Workers close to ratifying their contract with Chrysler, the union is shifting focus to hammering out a deal with Ford. Negotiations with Ford may prove the toughest of all because Ford is the domestic car maker most in need of cuts, reports the Wall Street Journal . Ford posted a net loss of $12.6 billion in 2006. More »

      Tags

      General Motors  • Ford  • Chrysler  • United Auto Workers  • retirees  • contract negotiations  • Ron Gettelfinger

    • OK on Chrysler Pact ThisClose

      Wall Street Journal  |  Oct 25, 07 3:38 AM CDT

      OK on Chrysler Pact ThisClose

      (Newser) - Auto workers at four Chrysler plants voted by significant margins to approve a new labor contract yesterday, increasing the likelihood of final ratification by the company's 45,000 workers, despite rejection at several plants. The last vote, at a small-car plant in Illinois that employs 3,000 workers, is scheduled for tomorrow. More »

      Tags

      General Motors  • Ford  • Chrysler  • United Auto Workers  • Ron Gettelfinger

    • More UAW Locals Nix Chrysler Deal

      Wall Street Journal  |  Oct 24, 07 8:10 AM CDT

      More UAW Locals Nix Chrysler Deal

      (Newser) - UAW workers at four Chrysler plants in Indiana last night rejected the embattled contract negotiated by their leaders with the automaker, adding to the six defeats by rank-and-file voters over the weekend. Some smaller locals have approved the contract, says anti-contract organizer Bill Parker, but the larger ones are rejecting it. More »

      Tags

      auto industry  • General Motors  • Detroit  • Ford  • Chrysler  • United Auto Workers

    • Chrysler Deal Faces More Rejections

      Wall Street Journal  |  Oct 21, 07 11:02 PM CDT

      Chrysler Deal Faces More Rejections

      (Newser) - UAW members at three auto plants rejected the proposed pact between Chrysler and their union this weekend, bringing to six the number of locals who have voted down the deal, the Wall Street Journal reports.  In a last-ditch effort to salvage the agreement, union leaders are focusing lobbying efforts on upcoming votes at plants in Michigan and Illinois. More »

      Tags

      auto industry  • General Motors  • Detroit  • Ford  • Chrysler  •