Ford says 38,000 union workers accept buyouts
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Ford Motor Co.  on Wednesday said a total of 38,000 employees -- almost half of the automaker's U.S. factory workforce -- had accepted buyout offers to leave the company.
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General Motors Corp. is close to an agreement with the United Auto Workers on another round of buyout and early retirement offers to cut the number of workers in jobs banks and clear openings for workers hired at lower-tier wages
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Fordâs decision comes after its board met last week, according to people with knowledge of the situation.
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Ford Motor Co. will offer buyout   packages of up to $140,000 to all of the more than 75,000   workers at its U.S. plants, the United Auto Workers union said   on Thursday, a day before the automaker details a revised   turnaround plan in response to slumping sales.
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Union leaders voice concerns about Ford's decision to put its UK luxury car firms Jaguar and Land Rover up for sale.
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American Axle & Manufacturing Holdings Inc.  on Wednesday said it would offer buyouts or early retirement to 6,000 U.S. United Auto Workers members because of the struggles of North American automaker customers, sending shares up more than 5 percent.
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United Automobile Workers members at Chrysler approved a new agreement, clearing the way for talks to accelerate at Ford Motor.
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Members of the United Automobile Workers approved a four-year contract with Chrysler, clearing the way for talks to accelerate at Ford.
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Ford Motor Co  on Saturday said it  had reached a tentative labor deal with the United Auto Workers  union, capping a historic round of bargaining between the union  and the embattled U.S. auto industry.
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The United Auto Workers union said on  Thursday Ford Motor Co. is offering 8 buyout packages to  its U.S. union-represented factory workers, including up to  $140,000 one-time payment.
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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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PITTSBURGH The United Steelworkers of America say about 34-hundred workers at BF Goodrich plants in Indiana and Alabama have approved a new contract.
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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.
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Ford Motor Co said on Saturday it had reached a tentative labor deal with the United Auto Workers union, capping a historic round of bargaining between the union and the embattled U.S. auto industry.
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Anglo-Australian mining giant Rio Tinto Wednesday said all conditions on its 38.1 billion US dollar takeover of Alcan Inc had been satisfied and most shareholders had accepted its offer.
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Ford Motor Co.  heads into a round of contract talks with its major union as the automaker seeks sweeping changes worth billions of dollars that would transform it into a strong contender, according to people familiar with the upcoming negotiations.
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About 8,000 U.S. hourly workers left struggling automaker Ford Motor Co.  in January after taking buyout offers, said Mark Fields, president of the Americas and overseer of Ford's restructuring.