unions
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0Report: Bob King elected UAW president, succeeds Ron Gettelfinger 1276781340
Ron Gettelfinger has been in the United Auto Workers for 44 years, the last eight of those years in the role of president. He's taken his share of lumps from the people he faced across the table and his own constituents, but he's led the UAW through some of the toughest years its faced in a ...
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Report: 2009 UAW membership fell to lowest figure since WWII 1270245480
The U.S. auto industry has been bottomed out since the fall of 2008; a fact that is reflected by the falling membership of the United Auto Workers. The Detroit Free Press reports that membership fell by 18 percent from 2008 to 2009, with current membership at 355,191 men and women. The job losses ...
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FYI: UAW releases list of 2010 cars and trucks made in union shops 1253826120
There's "Buy American!" and then there's "Buy Union!" If you're among the most serious about keeping your red-white-and-blue money in the U.S. of A North America and organized labor is close to your ticker, then you'll want to check out this list put together by the United Auto Workers. It lists ...
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GM would rather have Opel, Vauxhall fall into insolvency than sell to Magna? 1252500000
While General Motors was going through its 42 day bankruptcy period, one of the stories that didn't receive much play was the sale of GM's Opel brand. The major players in the Opel sale appear to be the German government, Canadian supplier Magna and Belgian private investor RHJ International. ...
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REPORT: Toyota moving Tacoma production to San Antonio 1251491340
Now that Toyota has decided the fate of the NUMMI plant, the company has to decide where to move production of the Tacoma and Corolla models built there. The Corolla hasn't been spoken for yet, but Toyota is confirming that its Tacoma line is moving to the San Antonio factory that currently makes ...
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REPORT: Opel labor union goes on the offensive, GM negotiator meets with German feds 1251298680
The battle for Opel has added another front: Opel labor unions at two of the company's German factories retracted an agreement made last year to forgo vacation bonuses. The move demands that General Motors pay the laborers €70 million ($100.2M U.S.) by next week, the amount that they agreed to ...
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REPORT: Police storm occupied SsangYong factory after dropping tear gas from helicopters 1249423200
Most American pistonheads' exposure to SsangYong is limited to Jeremy Clarkson beating one to death with a sledgehammer (or similar). However, not only did South Korea's fifth largest automaker once build Jeeps for the U.S. Army, in the 1970s they changed their name to Dong-A Motor. Obviously, ...
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REPORT: New GM entitled to $16 billion in federal tax breaks courtesy of Old GM 1249388820
Due to what appears to be a slight (additional) bending of the rules, the "new," post-bankruptcy General Motors has been allowed to carry the $16 billion net operating loss that was created by the "old" GM. That means that New GM will not have to pay taxes on its profits for a while, because the ...
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REPORT: Opel, waiting on GM and the German government, heading toward bankruptcy 1249306260
There are five noteworthy parties involved in the negotiations over Opel's fate: GM, the German government, the Opel trust, states with Opel manufacturing plants, and the Opel labor union. The Opel trust is the body created to run Opel after GM's bankruptcy, and consists of five members: a ...
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REPORT: Opel to cut prices 40% in order to save jobs? 1245418440
Sometimes deals get made, and then the dealmakers have to employ some pretty creative tactics to get the terms to work. Magna's deal for Opel included taking €1.5 billion in short term loans from the German government, the string attached being that Magna had to guarantee German jobs.Saving ...

