contract

Chrysler and the United Auto Workers have officially agreed to a new four-year labor contract as the rank and file have voted in favor of the new agreement. A total of 54.8 percent of all Chrysler UAW workers gave the agreement a 'yes' vote. The agreement helps keep wages in check for Chrysler, ...

Details about the deal announced this morning between the Chrysler Group and United Auto Workers union have surfaced, and it's apparent that the smaller, less financially stable automaker has given away the least compared to similar deals already struck with the UAW by cross-town rivals General ...

Contract negotiations between General Motors and the United Auto Workers have led to a tentative agreement on a new labor deal, pending ratification by membership. Specifics of the four-year contract, agreed upon last night at around 11:00 PM, have not been released, but in an official ...

Few things inspire as much rumor and conjecture as the hiring and firing of Formula 1 drivers. This one's going here, that one's staying there, one is hired and another is fired. But Fernando Alonso seems to have his seat secure for the foreseeable future. Scuderia Ferrari has announced that it ...

The Mercedes-Benz Baltimore vehicle process center has secured a five-year contract to inspect, process, and repair pre-delivery BMW and Mini vehicles arriving in the United States. It's a deal that makes economic sense for both companies, say that automakers. BMW models currently arrive in ...

What's good for the goose may be good for the gander, but what works for one country or automaker doesn't necessarily work for another. So while the Canadian Auto Workers union may have approved a new agreement with Ford, below the 49th parallel their compatriots apparently feel otherwise. Up ...

According to a post on The Detroit Bureau, a key stipulation in the tentative contract reached between the United Auto Workers and Chrysler is that the union's right to strike will be all but eliminated for at least the next few years.As quoted in the story, Harley Shaiken, a labor relations ...

The Swedish Airplane Company, or Saab AB, has been building aircraft since 1937. To diversify its business, the company started making cars in the late 1940s. Whether we cringe or not, Saab Automobile (the car division) has always reminded the public that its cars have fighter jet DNA (e.g., "Born ...

To ensure long-term viability, General Motors has pledged an arm and a leg (and maybe an eye) to satisfy conditions imposed by the federal government after the automaker received billions in taxpayer-funded loans. In addition to reducing debt and condensing the number and type of vehicles it ...

Loyalty is not one of the qualities generally displayed in the Formula One circus. The market for grand prix drivers is as fluid as the Mediterranean, but Kimi Raikkonen says he's at home. The returning champion has two years left on his contract with Ferrari, and though he doesn't know what ...