FCA reaches a tentative agreement with the UAW, Honda reveals the all-new 2016 Civic, and the Frankfurt Motor Show dazzles us again. Autoblog senior editor Greg Migliore reports on the Weekly Recap edition of Autoblog Minute.
GM and the UAW are working to poach skilled workers from Nissan's Smyrna, TN, plant for the General's Spring Hill factory. The location is gearing up to assemble the Cadillac XT5, which is replacing the SRX.
It's no secret that FCA CEO Sergio Marchionne wants industry consolidation but without any deal takers it seems as though he's ready to consider a hostile takeover. Autoblog's Chris McGraw reports on this edition of Autoblog Minute.
The Big Three and UAW are negotiating on a way to reduce ballooning healthcare costs by possibly creating a pool among the active workers at Ford, GM, and FCA US. UAW President Dennis Williams came up with the idea.
Sergio Marchionne sees cooperation with the UAW as a key to a future merger with General Motors. In the deal, Marchionne could potentially take advantage of the 8.7 percent of GM stock that's owned by the union's health care trust.
A study of labor costs among foreign automakers in the US shows a ten-dollar gap between the per-hour rates of the domestics and the imports. The difference between the Detroit 3 and their import competition equates to $250 more in labor costs per car for the domestics.