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 in contract negotiations, The Wall Street Journal reported in its online edition on Thursday, citing auto executives.
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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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General Motors Corp and Ford Motor Co began talks with the United Auto Workers on Monday, hoping to win sweeping concessions that would slash labor costs for the struggling U.S. auto industry.
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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, Oct. 20 -- Workers at three more local unions of the United Auto Workers have rejected a tentative contract agreement between the UAW and Chrysler, even as union leaders from Detroit spent the latter part of the week lobbying for yes votes.
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DETROIT -- Ford Motor Co. plans to offer buyout and early retirement packages to more than 75,000 of its employees, a United Auto Workers union official said Thursday.
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No. 1 automaker&#39;s plan may affect 20% of European work force as it aims to save $500Ma year. FRANKFURT  - General Motors, the world&#39;s largest automaker, is expected to unveil a plan this week to cut
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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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Negotiations between the United Auto Workers and General Motors Corp  pressed deep into a fourth day on Tuesday after the contract expiration as the union told members it may be forced to set a firm deadline to complete talks if progress stalls.
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The world&#39;s largest automaker launched negotiations with European employees after it unveiled the cost-cutting plans in October, triggering days of walkouts at GM&#39;s German plants.
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Ford Motor Co.  and the United  Auto Workers union are planning to offer buyouts to all the  company's U.S. workers, the Wall Street Journal reported on its  website on Thursday.
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Business & money: Ailing car giants push union to agree pay cuts.
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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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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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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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Chrysler Group and the United Auto  Workers union on Friday mark the formal start of a summer of  crucial contract negotiations under intense pressure to break  the model of business as usual for Detroit.
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With voting wrapping up at Chrysler, the union is about to turn its attention to Ford Motor, the last Detroit company that must reach an agreement on a new labor contract.