Delphi deal said near as UAW contract talks loom
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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  and the United Auto Workers union could negotiate into next week after failing to produce a breakthrough on the thorny issue of health care costs, people briefed on the progress of the talks said on Thursday.
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Negotiators for the United Auto Workers  and General Motors Corp  agreed to a break in contract  talks on Monday after a marathon 16-hour bargaining session  that raised expectations the union and the top U.S. automaker  were nearing an agreement.
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Negotiators from General Motors Corp and the United Auto Workers union on Saturday were making substantial progress on several of the teams established to pore over the contract details, a person familiar with the talks said.
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Negotiators from General Motors Corp and the United Auto Workers union made progress on Saturday toward a new contract but faced unresolved issues as both sides hunkered down for longer-running talks.
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The United Auto Workers union was mobilizing its membership late yesterday in anticipation of a midnight deadline for completing labor negotiations with General Motors, union officials said.
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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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General Motors Corp and the United Auto Workers union continued labor talks past the Friday deadline, while union members were told the current contract would be extended on an "hour-to-hour" basis.
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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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Negotiations between the United Auto Workers and General Motors Corp  resumed on Tuesday as the union told its members that it may be forced to set a firm deadline for the talks to conclude if progress stalls.
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Nissan is in talks with Chrysler on a possible manufacturing agreement.
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General Motors Corp. GM.N Chief   Executive Rick Wagoner on Wednesday said the automaker had made   "progress with all the constituents" in talks involving its   bankrupt former subsidiary Delphi Corp. DPHIQ.PK and unions   representing its work force.
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General Motors Corp.  Chief Financial Officer Fritz Henderson said on Thursday it is "feasible" but "would be tight" for the auto maker to hammer out a deal with Delphi Corp. by the end of the first quarter of 2007, the Wall Street Journal reported on its Web site.
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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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As Chrysler's labor contract moved closer to ratification yesterday, the spotlight began shifting to Ford, the final Detroit automaker yet to work out a union deal.
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A deal seems to be taking shape in wage talks between Volkswagen and the IG Metall metalworkers union, the head of the works council at Europe&#39;s biggest carmaker said Wednesday.
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DETROIT -- Bargainers for General Motors Corp. and the United Auto Workers took a break early Monday amid optimism that they are getting closer to reaching a critical contract agreement.