Articles, tagged with "united auto workers", page 1

Gm files for bankruptcy

June 1, 2009 was a sad day for General Motors: the venerable automaker, now financially vulnerable, filed for Chapter 11 bankruptcy (and was kicked out of the Dow Jones Industrial Average). This shocked no one, and the stock market didn’t suffer. The ... Read >
Author: jerry

For GM IPO, the government is back-seat driver (special report)

Steve Girsky remembers sitting at his kitchen table in New York on the eve of President Barack Obama's election when he realized that General Motors was going to run out of cash. "I put down my pad," said Girsky, a banker brought in by the United ... Read >
Author: Peter (SIM)

Dodge Viper for Sale at Auctions for Cars in the USA

There are many kinds of auctions. Car auctions, trucks and other vehicles are a perfect way to pay for a car and frequently at a lower price. Taking up an auto can be a huge venture. The cost of a new vehicle might be out of your price range, or financial... Read >
Author: Steven11

Ford Transfers Retiree Health-Care Liabilities To Union Trust

Ford Motor Co. (F) said Monday it completed the transfer of its union retiree health-care liabilities to the United Auto Workers Retiree Medical Benefits Trust as part of a court-approved settlement agreement. The transfer Thursday "is the culmination... Read >
Author: mosup

GM Retirees Who Lost Health Care Benefits in Bankruptcy Fight to Get Them Back : Jeremy Smerd

The new GM emerged from bankruptcy Friday, July 10, with a leaner workforce and less debt. One reason is that, with the help of the Treasury Department, the Detroit automaker will not have to pay for the health care of thousands of retirees. But now so... Read >
Author: www.EasyToInsureME.com

Ford Gone Bad

DEARBORN, Mich-Ford Motor Co. said Friday it lost $129 million in the third quarter as the struggling automaker burned through $7.7 billion in cash. The automaker also said it will cut about 2,300 more white-collar employees in North America a... Read >
Author: Beth Hager

The Long Road Of Bankruptcy For General Motors

It is really only a matter of time. Maybe next month, but probably sometime later next year. Still, the end result is all too clear. Sooner or later there will be a bankruptcy filing for General Motors. The auto giant, that once controlled more than half ... Read >
Author: James William Smith

Detroit's Tough Times Call For Tough Decisions

Workers in Motor City weigh buyouts knowing that that their future pay will likely be much lesser. Tough times like this need tough decisions. And Detroit autoworkers have to make tough decisions as soon as possible. UAW President Ron Gettelfinger wa... Read >
Author: Anthony Fontanelle

Ford Wants Canada To Be Competitive

The Canadian Auto Workers Union has been asking for automakers to stop cutting down jobs in the country. In response to the CAW's demands, Dearborn automaker Ford pointed out that Canadian auto assembly facilities and workers should be able to compete ... Read >
Author: Anthony Fontanelle

Canadian Auto Workers Against Concession

With the current financial problems of General Motors, Ford, and Chrysler, the welfare of their workers are being put in jeopardy. Assembly facilities have already been closed and many more jobs are scheduled to be cut by these automakers. In the Unit... Read >
Author: Anthony Fontanelle

Bernhard soon to be Chairman of Chrysler

According to news circulating in the auto industry today, Wolfgang Bernhard who is a former Chrysler executive and employed by Cerberus Capital Management as adviser in the acquisition of Chrysler, is also reported to return to Chrysler as Chairman once... Read >
Author: Evander

Ford Still weighing the Consequences of Selling Volvo

It was in autumn of 2005 when Bill Ford has announced the new era of innovation that will happen at Ford Motor citing engineers of Ford and Volvo working together to produce new and exciting safety features that will include night-enhanced vision techno... Read >
Author: Rain Stockton

Chrysler Started Talks with UAW

After all the formalities were said the officials of Chrysler Group the producer of high quality Jeep grill and the United Auto Workers has sit down to discuss on how they will go about the negotiations. However one thing is clear that health care i... Read >
Author: Evander

Chrysler and UAW to Start Negotiations

The Chrysler Group maker of Jeep floor mats through its negotiators has officially started negotiations with the United Auto Workers today as reported by the Chronicle Journal. This negation is very important since it will determine the survival of Detroi... Read >
Author: Evander

Ford Assumes that it will be Chosen as the Target Company for UAW Talks

Negotiations between Ford and the United Auto Workers have not commenced yet but the automaker is already assuming that it will be the target of UAW in the contract talks and will use a Ford deal as the basis for pay and benefit with its negotiations wi... Read >
Author: Morgay

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