Local UAW contract negotiations aren't going well for General Motors, and today they took a turn for the worst as union members at the automaker's Fairfax assembly plant in Kansas walked off the job at 10AM EST. The bulk of GM's hot-selling Chevy Malibu are produced at the Fairfax plant, with a lesser number of the four-door sedan being built at the automaker's Orion plant in suburban Detroit. Last month GM sold 17,050 Malibus, a 39.5% increase in volume over April 2007. The local union in Fairf
The American Axle strike, now in its second month, is causing General Motors more than a few headaches. The parts shortage caused the General to nearly cease production of its highly profitable large trucks and SUVs, and shut down production in Oshawa, Ontario and Fort Wayne, Indiana.
The five week-old strike at American Axle is finally starting to wear on GM, and the General has decided to move a small but crucial parts contract over to rival supplier Dana to help get its truck plants moving again. The 30,000-unit prop shaft contract for light pickups is considered a small deal, but the fact that GM is beginning to move on shows that the strike, which began on February 26, is beginning to take its toll on the giant automaker. The move is going to anger the striking workers,
UPDATE: Statement from Chrysler Vice Chairman and President Tom LaSorda added after jump. One detail LaSorda mentioned was that Chrysler would be establishing an "independent retiree health care trust" like the GM is pumping billions into. The amount Chrysler will contribute is still unknown.
Here we go again. CNN is showing live video of UAW workers walking off the job at Chrysler various plants across the country. Both the Detroit Free Press and The Detroit News are also confirming that an agreement has not been reached and the strike has begun. We'll bring you more updates throughout the day as they happen.
Chrysler's deadline to hammer out a new contract with the UAW expires tomorrow. If common ground cannot be found by tomorrow morning at 11AM EST, the UAW could strike again. As if that weren't heavy enough news for the newly rebranded Chrysler LLC, it's being reported today that more job cuts are on the way for some 1,600 non-union workers. Though Chrysler's turnaround plan called for shedding 13,000 jobs by 2009, of which 2,000 were non-union, salaried white collar positions, the automaker is r
As we reported earlier, the UAW is continuing its negotiation talks with Chrysler LLC for a new contract, having chosen the Auburn Hills-based automaker as its next dance partner after reaching a tentative agreement with General Motors on September 26th. The UAW's contract with Chrysler LLC expired on September 14th, but the union extended the deadline for Chrysler (and Ford) while it was focusing on negotiations with General Motors. As we all know, the UAW chose to strike against GM, and it may
At 1:30PM today, Canadian Auto Workers (the Canadian counterpart to the UAW) president Buzz Hargrove gave a press conference responding to the UAW strike today against General Motors. In Hargrove's mind, a worst case scenario could see anywhere between 80,000 and 100,000 Canadian workers unemployed as a result of the strike. Hargrove seemed to blame General Motors for shifting the hardships caused by what he called "unfair imports" onto its workers, and he surmised the automaker will use the sam
var digg_url = 'http://www.digg.com/business_finance/UAW_officially_on_strike_talks_with_GM_broken_off'; We had the TV on at 11:00AM EST expecting to see CNN, MSNBC and Fox News providing up to the minute coverage of the UAW's potential strike in the wake of failed contract negotiations with General Motors. Only CNN is covering the strike at this point, and it's 11:15 now. CNN, however, has been confused as to whether a strike is actually happening. They've been running live footage of vehicl
Nine days after the contract between GM and the UAW ended, the two have yet to come to an agreement on employee concessions, including a two-tier wage structure and a move that would entrust the UAW to be responsible for retiree health care costs. According to a union source, if nothing is accomplished, the UAW has set a strike deadline for 11 AM this morning.