UAW sets Friday deadline for GM deal
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The United Auto Workers union's deadline for reaching a tentative deal with General Motors Corp  is 11:59 p.m. EDT on Friday, September 14, the union's vice president said in an e-mail to members on Thursday.
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General Motors Corp  would be  able to buy out as many as 24,000 UAW workers and replace them  with lower-paid hires under a tentative contract agreement, the  Wall Street Journal reported on its Web site on Friday.
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The United Auto Workers union agreed to extend its contract with General Motors Corp. on an "hour-to-hour" basis on Saturday as the two sides continued labor talks beyond a Friday deadline.
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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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General Motors Corp and the United Auto Workers union on Sunday rushed to complete a cost-cutting labor deal that would allow the top U.S. automaker to cut itself free from a $50 billion retiree health-care burden.
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Contract talks between the United Auto Workers and General Motors Corp. stretched into the night yesterday, slowed so much by the complexity of retiree health care and other issues that a deal could be days away.
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Negotiations between General Motors Corp  and the United Auto Workers union were making progress on Friday, UAW President Ron Gettelfinger said, adding that the union wanted to see faster progress and a resolution without a disruptive strike.
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Negotiations between United Auto Workers and General Motors Corp shifted into overdrive on Wednesday, with a marathon bargaining session stoking expectations the two sides are nearing a deal to end a national strike entering its third day.
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Negotiations between General Motors  Corp  and its major union ran through a fifth day of  overtime on Wednesday, with the automaker suggesting a trust  fund that would take over nearly $5 billion in annual  health-care costs, according to a person familiar with the  proposal.
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General Motors Corp. said on Wednesday it will offer buyout packages early next year to its salaried employees in the United States to cut costs.
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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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General Motors Corp  said on Tuesday it has reached an agreement with the United Auto Workers union to offer a new round of buyouts to its U.S. hourly workers.
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Ford Motor Co. F.N 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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General Motors Corp  and the United Auto Workers broke off negotiations in the early hours of Friday and agreed to return to the bargaining table later in the day, a GM spokesman said.
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The United Auto Workers has told local union leaders negotiations with General Motors Corp. were continuing with some news expected shortly, a local UAW official told Reuters on Saturday.
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DETROIT - General Motors Corp. and the United Auto Workers made progress at the bargaining table yesterday but still faced significant hurdles and weren't expected to agree on a new contract until later in the weekend.
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General Motors and the United Auto Workers union yesterday continued negotiations for a new labor contract that will shape the future of the union and the auto industry.