Detroit carmakers to seek big union concessions: report
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The three big Detroit automakers will seek unprecedented concessions from the United Auto Workers union (UAW) in contract negotiations, The Wall Street Journal reported in its online edition on Thursday, citing auto executives.
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The United Auto Workers union appears to be simultaneously crafting new labor contracts with each of the three Detroit automakers, a break from traditional tactics but one motivated by a desire to keep the financially strapped American companies alive.
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U.S. automakers, coming off a year of record concessions from labor unions, should be facing 2008 with a new lease on life as they fight Asian and European importers who now control more than half of the U.S. market.
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The United Auto Workers (UAW) union has already taken steps to help turn around Detroit's Big Three automakers, the UAW president said on Thursday, just over a week before the expiration of its contract with the companies.
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SOUTHFIELD, Mich. - General Motors Corp. and the United Auto Workers bargained for a fourth day as the automaker seeks a cost-saving healthcare accord. The UAW told members it may set a new deadline.
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DaimlerChrysler AG's Chrysler Group plans to cut more than 10,000 factory jobs and close at least two plants to return the U.S-based unit to profitability, the Detroit News said on Monday.
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DETROIT/CHICAGO  - As Wall Street ponders the future of Detroit, analysts see sharply diverging scenarios emerging from an uncertain summer and crucial contract negotiations with the United Auto Workers union.
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Delphi Corp.  and the United Auto Workers are expected to announce a labor agreement as early as Wednesday, the Detroit Free Press reported, citing hourly workers and people close to the negotiations.
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Chrysler offered buyouts of as much as $100,000 to most of its hourly workers in the Detroit area as part of its plan to cut as many as 10,000 more jobs.
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More than 30,000 jobs could be at risk at automaker Volkswagen if labor unions refuse to forego wage rises and make other concessions in upcoming negotiations, a top manager was quoted as saying Thursday &#151; comments that drew a sharp response from Germany's largest industrial union.
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The United Auto Workers union announced that all 75,000 of its members employed by Ford Motor Company will be offered payouts by the automaker, according to Reuters.
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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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REDFORD, Mich. -- Representatives for about 1,300 United Auto Workers members at DaimlerChrysler AG&#39;s Detroit Diesel engine manufacturing plant reached a tentative agreement Wednesday, one day after going
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Business & money: Ailing car giants push union to agree pay cuts.
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Workers voting against the Chrysler deal see the lack of job guarantees as a violation of the unionâs long-held principle of winning similar terms at each Detroit auto company.
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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.
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Chrysler LLC is offering buyouts of up to $100,000 to an unidentified number of hourly workers at 12 of its Detroit-area facilities, a spokeswoman said on Monday.