The UAW has announced its support for Hyundai workers in South Korea who have been on strike since November 15. The employees are all temporary and contract workers who receive lower pay and fewer benefits compared to their full-time counterparts, and their strike has managed to shut down a production facility. According to the Detroit Free Press, the UAW says that at lea
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.
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.
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.