GM, UAW reach deal on "jobs bank"
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General Motors Corp reached a pioneering deal with the United Auto Workers union that will force almost 400 workers out of a "jobs bank" program that guarantees nearly full wages and benefits when the automaker eliminates work or closes factories.
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General Motors Corp.  and bankrupt auto parts maker Delphi Corp.  are near a deal with the United Auto Workers union that would provide a cash payout to Delphi workers in exchange for lower hourly wages, the Detroit News reported on Thursday.
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Bargainers for General Motors Corp. and the United Auto Workers resumed contract negotiations Monday amid optimism that they are getting closer to a contract agreement
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General Motors Corp  and the  United Auto Workers union broke off negotiations early on  Friday and agreed to return to the bargaining table later in  the day, as 73,000 GM workers returned for another day of work  without a new contract.
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Negotiators from General Motors Corp   and the United Auto Workers union made progress toward a  new contract before taking a break late Saturday, people  familiar with the talks said.
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DETROIT -- United Auto Workers President Ron Gettelfinger reassured General Motors Corp. and Delphi Corp. retirees and workers Tuesday about the safety of their pensions and said the union would try to preserve the jobs bank that guarantees pay for laid-off workers.
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Ford Motor Co  and the United Auto  Workers union have agreed on the broad terms of a new round of  buyouts that would slash thousands of jobs under the terms of a  new contract, people familiar with the ongoing talks said.
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DETROIT -- General Motors Corp., eager to lower wages and staunch the kinds of losses it saw in 2007, said Tuesday it is offering a new round of buyouts to all 74,000 of its U.S. hourly workers who are represented by the United Auto Workers.
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General Motors Corp.  and the United Auto Workers union called a break in contract negotiations after about 16 hours on Monday with both sides agreeing to return to the bargaining table later in the day.
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Negotiators for the U.A.W. and General Motors agreed on the framework for a health care trust, G.M.âs key demand, people close to the negotiations said.
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General Motors and DaimlerChrysler say they&#39;re teaming up to develop hybrid technology for use in their vehicles. The two giant automakers say they have signed a memorandum of understanding.
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General Motors Corp.  and bankrupt auto parts maker Delphi Corp.  are "very close" to a deal with the United Auto Workers union that would help the supplier emerge from bankruptcy, a source familiar with the situation said on Thursday.
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General Motors Corp.'s European unit Thursday announced a deal that will allow the struggling automaker to cut up to 12,000 jobs &#151; most of them in Germany, where it will offer generous incentives for employees to leave.
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Negotiations for a new labor contract  between General Motors Corp  and the United Auto Workers  union resumed on Friday morning as the No. 1 U.S. automaker  heads toward a midnight deadline to either clinch a deal or  face a possible strike.
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General Motors, the biggest car maker, said it has started negotiations with unions to cut jobs in Europe. Car giant is going to cut as much as 12,000 jobs in its Europe unit that suffered losses recently.
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FRANKFURT, Germany  - General Motors Corp.'s German division announced a deal Thursday that will allow the struggling automaker to cut thousands of jobs while avoiding forced layoffs and offering large incentives for employees to leave.
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General Motors Corp.  and Ford  Motor Co.  began talks with the United Auto Workers union  on Monday, hoping to win sweeping concessions that would slash  labor costs for the struggling auto industry.