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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: United Auto Workers

United Auto Workers stories: 74 news summaries

61 - 74 of 74 Stories | << Prev 1 2 3 4

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UAW Sets 11am Deadline for GM Talks

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

Sep 24, 07 6:27 AM CDT
(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... More »

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United Auto Workers • General Motors

Historic Deal
in Sight for
GM and UAW

Agreement reached on shifting health costs
to union-run trust

Sep 22, 07 7:32 AM CDT
(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... More »

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Chrysler • United Auto Workers • General Motors • Detroit • automaker • Ford

GM and UAW
Hit Impasse on Health Care

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

Sep 20, 07 6:38 AM CDT
(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... More »

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health care • United Auto Workers • General Motors • Detroit • auto industry • contract

GM Talks Resume With Optimism

Marathon yesterday yielded progress
on financing for health-care trust

Sep 17, 07 12:42 PM CDT
(Newser) - Talks between GM and UAW reps resumed late this morning after a 16-hour session that ran to 3am and came close to an agreement on the key issue of shifting heath-care costs to a union-run trust.  Both sides confirmed good progress, and employees are on the job today, despite... More »

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United Auto Workers • General Motors • Detroit • auto industry • Big Three • contract

Still No Agreement in GM-UAW Talks

Strike appears remote as GM employees ready for work tomorrow

Sep 16, 07 5:07 PM CDT
(Newser) - Tense talks continued between GM and workers today as outside parties were greeted with unusual silence, the Wall Street Journal reports. "I haven't heard much of anything and that's completely different" than before, says a union rep. Still at issue is a health care fund for retirees and how... More »

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United Auto Workers • General Motors • union • auto industry

GM, UAW Still at the Table

Deal unlikely to be reached today

Sep 15, 07 5:24 PM CDT
(Newser) - GM is back at the bargaining table with UAW reps today, but  agreement on the billion-dollar issues is not imminent, the AP reports. The UAW is said to be seeking job guarantees at US plants in exchange for agreeing to take over union members' health care liabilities via a trust... More »

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health care • Chrysler • United Auto Workers • General Motors • Ford • union • contract

GM, UAW Talk Past Deadline

Contracts renewed on hourly basis

Sep 15, 07 6:05 AM CDT
(Newser) - The United Auto Workers and General Motors talked four hours past their midnight deadline for contract negotiations before agreeing to resume bargaining later today. They extended talks on an "hour-to-hour" basis on a deal that would include a union-controlled trust to assume GM's $50-billion liability for retiree health care.... More »

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

UAW Targets GM on Contract

Car giant chosen as lead company in crucial talks

Sep 14, 07 8:25 AM CDT
(Newser) - The United Auto Workers have chosen General Motors to be the lead company in negotiations on contracts set to expire tonight, adding pressure to strike a deal the UAW will then try to impose on Ford and Chrysler. The union chose GM because it's in the best financial shape of... More »

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health care • Chrysler • United Auto Workers • General Motors • Detroit • retirement • Ford • Cal Rapson • Ron Gettelfinger

In Nardelli, Chrysler Found Its Maverick

Cerberus relying on tough-talking new
CEO to cut costs

Aug 7, 07 4:30 AM CDT
(Newser) - Former Home Depot chief Bob Nardelli has a reputation for being a brusque, hard-edged maverick, and that’s exactly what his new bosses at Chrysler want, Reuters reports. Cerberus Capital Management hopes to stem losses at the automaker by cutting costs, particularly in the delicate area of unionized workers. Nardelli’... More »

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Chrysler • United Auto Workers • Cerberus Capital Management • Toyota • General Motors • unions • General Electric • Ford • Stephen Feinberg • Home Depot • Robert Nardelli • Tom LaSorda • auto industry

UAW Gears Up for Contract Talks on Health Care

Current system must change as retirees outnumber active workers

Jul 19, 07 9:11 PM CDT
(Newser) - The United Automobile Workers Union starts high-stakes contract talks with Detroit automakers tomorrow, at a time when the union counts more retirees than active workers in its ranks—meaning higher health-care costs—and the American automotive industry is in dire financial straits. The talks are being called "the most... More »

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health care costs • health insurance • United Auto Workers • Detroit • unions • retirees • automaker • workers • auto industry

Chrysler Sale Suggests New Deal for Detroit

Ford, GM see hope
for restructuring
labor costs

May 15, 07 7:41 AM CDT
(Newser) - The sale of Chrysler to private-equity firm Cerberus Capital Management could be a watershed for the entire industry, the Wall Street Journal predicts. Cerberus thinks it can make the embattled carmaker profitable by restructuring its debilitating $18-billion health care and pension liability. If it succeeds without resorting to bankruptcy—which... More »

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private equity • Chrysler • United Auto Workers • DaimlerChrysler • Cerberus Capital Management • General Motors • Detroit • stocks • Ford • auto industry

Daimler to Unload Chrysler in $7.4B Deal

German firm keeps minority stake
in American auto giant

May 14, 07 7:34 AM CDT
(Newser) - DaimlerChrysler has sold a majority stake in the Chrysler Group to the American private-equity firm Cerberus for $7.4 billion, the auto giant announced today. The deal unhooks the money-losing American arm of the international conglomerate from its German partner, which will retain a 19.9% stake in Chrysler and... More »

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private equity • Chrysler • United Auto Workers • DaimlerChrysler • Dieter Zetsche • Cerberus Capital Management • Daimler • auto industry • cars

Steep GM Drop
Puts Heat on
Labor Talks

Poor sales in North America point to  showdown with unions

May 3, 07 8:00 PM CDT
(Newser) - General Motors, swimming in losses despite major cuts in spending, saw its bottom line plunge a staggering 90% in the first quarter. Somewhat improved automotive profits, especially in emerging markets, were undercut by heavy losses from defaults on high-risk home loans at lending unit GMAC. More »

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United Auto Workers • General Motors • business • labor

Kerkorian Offers $4.5 Billion
For Chrysler

Dumped his shares last time around; now is ready with cash

Apr 5, 07 4:18 PM CDT
(Newser) - Beverly Hills billionaire Kirk Kerkorian has offered to buy the Chrysler group for $4.5 billion. Kerkorian's investment company, Tracinda Corp., can pay cash for the ailing automotive giant, and is pitching an extra $100 mil for an exclusive two-month period to run due diligence. Tracinda told parent DaimlerChrysler it... More »

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Chrysler • United Auto Workers • Kirk Kerkorian • Tracinda • Daimler • business • DaimlerBenz • shares • auto industry • cars

61 - 74 of 74 Stories | << Prev 1 2 3 4


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