United Auto Workers news stories on Newser

Clinton: Romney's Dad 'Turning Over in Grave'

Rob Quinn — Fri, 02 Mar 2012 08:14:52 CST

Bill Clinton got personal yesterday while attacking Mitt Romney over his opposition to the auto industry bailout. "Every time I hear Mr. Romney talking about this I think his daddy must be turning over in his grave. We could not afford to lose a million and a half to 2...

American Went Bankrupt to Undercut Union

Kevin Spak — Wed, 30 Nov 2011 13:51:57 CST

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 Stephen Gandel at Time...

Chrysler Suspends Workers Accused of Drinking

Sarah Whitmire — Tue, 19 Jul 2011 17:02:58 CDT

"Work hard, party harder." Some workers at a Chrysler engine plant in Michigan might use this phrase to describe their ethic, but unfortunately, a local TV crew from WJBK-TV says it filmed only the latter. Chrysler suspended nine employees without pay after they were seen allegedly smoking pot and drinking...

GM Doles Out Biggest Profit-Sharing Checks Ever

Kevin Spak — Mon, 14 Feb 2011 13:45:05 CST

General Motors will hand out profit-sharing checks totaling $189 million this year, or more than $4,000 per worker, the company announced today. That more than doubles the automaker’s previous record of $1,775, set in 2000, according to the New York Times . The payout will be less than the...

Ford Posts $1B Q3 Profit

Mon, 02 Nov 2009 06:41:46 CST

Ford earned $1 billion in the third quarter, fueled by US market share gains, cost cuts, and the government's Cash for Clunkers rebates. The automaker, reporting net income of $997 million, or 29 cents per share. says it now expects to be "solidly profitable" in 2011. The company lost more...

UAW Overwhelmingly Backs GM Concessions

Fri, 29 May 2009 12:56:29 CDT

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...

US Likely to Own 70% of Bankrupt GM

Harry Kimball — Tue, 26 May 2009 16:57:50 CDT

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,...

GM, UAW Cut Deal on Labor, Health Care

Wesley Oliver — Thu, 21 May 2009 13:44:41 CDT

Monitored by the Treasury department, General Motors and the United Auto Workers have reached a tentative deal to modify conditions of their labor contract and retiree health care trust, which could save the flatlining automaker more than $1 billion. Still, Chapter 11 bankruptcy remains likely for GM, and union reps...

UAW to Own 55% of Chrysler

Kevin Spak — Tue, 28 Apr 2009 08:07:28 CDT

The United Auto Workers are about to own Chrysler. In exchange for a variety of concessions, the union will eventually get a 55% majority share in the automaker, according to a summary of the restructuring deal, which was sent to union leaders late last night and reviewed by the Wall...