Read more United Auto Workers stories on Newserhttp://www.newser.com/taggrid/615/united-auto-workers.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 8:14:51 CSThttp://www.newser.com/story/73100/ford-posts-1b-q3-profit.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFord 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...http://www.newser.com/story/73100/ford-posts-1b-q3-profit.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 02 Nov 2009 6:41:46 CSThttp://www.newser.com/story/60482/uaw-overwhelmingly-backs-gm-concessions.html?utm_source=syn&utm_medium=rss&utm_campaign=tagUnited 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...http://www.newser.com/story/60482/uaw-overwhelmingly-backs-gm-concessions.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 29 May 2009 12:56:29 CDThttp://www.newser.com/story/60150/us-likely-to-own-70-of-bankrupt-gm.html?utm_source=syn&utm_medium=rss&utm_campaign=tagIf 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,...http://www.newser.com/story/60150/us-likely-to-own-70-of-bankrupt-gm.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 26 May 2009 16:57:50 CDThttp://www.newser.com/story/59750/gm-uaw-cut-deal-on-labor-health-care.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMonitored 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...http://www.newser.com/story/59750/gm-uaw-cut-deal-on-labor-health-care.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 21 May 2009 13:44:41 CDThttp://www.newser.com/story/57416/uaw-to-own-55-of-chrysler.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe 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...http://www.newser.com/story/57416/uaw-to-own-55-of-chrysler.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 28 Apr 2009 8:07:28 CDThttp://www.newser.com/story/57327/gm-to-cut-21k-us-factory-jobs.html?utm_source=syn&utm_medium=rss&utm_campaign=tagGeneral Motors will cut 21,000 US factory jobs by next year, phase out its Pontiac brand, and ask the government to take company stock in exchange for half of GM's government debt as part of a major restructuring effort needed to get more government aid, the firm said today....http://www.newser.com/story/57327/gm-to-cut-21k-us-factory-jobs.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 27 Apr 2009 8:53:21 CDThttp://www.newser.com/story/57265/uaw-cuts-deal-with-chrysler-fiat-us-treasury.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAuto workers cut a new agreement with Chrysler today that brought the automaker closer to a partnership deal with Fiat, the Wall Street Journal reports. Agreeing to lower health care benefits for retirees, United Auto Workers called the "concessionary agreement" painful but said it met President Obama's rigorous standards. The...http://www.newser.com/story/57265/uaw-cuts-deal-with-chrysler-fiat-us-treasury.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSun, 26 Apr 2009 20:00:31 CDThttp://www.newser.com/story/57032/chrysler-may-file-for-bankruptcy-next-week.html?utm_source=syn&utm_medium=rss&utm_campaign=tagChrysler 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...http://www.newser.com/story/57032/chrysler-may-file-for-bankruptcy-next-week.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 23 Apr 2009 15:34:21 CDThttp://www.newser.com/story/56022/gm-aims-for-fastest-possible-bankruptcy.html?utm_source=syn&utm_medium=rss&utm_campaign=tagGeneral Motors is in high gear, the New York Times reports, prepping for a possible bankruptcy that would allow the company to reorganize and emerge from protection in as little as 2 weeks. Since the Treasury Department instructed the automaker to prepare for a bankruptcy filing by June 1, in...http://www.newser.com/story/56022/gm-aims-for-fastest-possible-bankruptcy.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 13 Apr 2009 7:40:00 CDT