GM, UAW close in on cost-cutting labor deal
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Representatives of General Motors Corp   and the United Auto Workers union closed in on Saturday  on a tentative labor agreement that would slash health-care  costs for the top U.S. automaker.
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The United Auto Workers union and General Motors Corp reached a tentative contract on Wednesday to end a national strike by 73,000 workers with a deal that includes a groundbreaking health-care trust fund.
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DETROIT, Sept. 18 -- Talks between General Motors and the United Auto Workers continued Tuesday, said GM spokesman Tom Wickham.
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Negotiators for the U.A.W. and General Motors have agreed on the framework for a health care trust, G.M.âs key demand in talks on a new contract, people close to the negotiations said.
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General Motors Corp. and the United Auto Workers made progress at the bargaining table Saturday but still faced significant hurdles and ended negotiations for the day without reaching an agreement.
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DETROIT - General Motors Corp. won its struggle to unload $51 billion in retiree health costs and improve competitiveness in the latest round of contract talks with the United Auto Workers, but not without a short-lived strike that wrung promises out of GM to keep jobs at US plants.
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Representatives of General Motors Corp   and the United Auto Workers union returned to the  bargaining table on Saturday amid expectations the two sides  were closing in on a deal that would slash health care costs  for the top U.S. automaker.
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General Motors Corp reached a pioneering deal with the United Auto Workers union that will force almost 400 workers out of a "jobs bank" program that guarantees nearly full wages and benefits when the automaker eliminates work or closes factories.
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Delphi Corp. and the United Auto Workers are very close to completing a labor deal the U.S. auto-parts maker needs to complete its reorganization, two UAW sources said on Wednesday.
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The United Auto Workers union and General Motors Corp. remained locked in negotiations late on Friday as the largest U.S. automaker headed toward a midnight deadline to either clinch a deal or face a possible strike.
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The United Auto Workers union set a firm Monday morning deadline to reach a contract deal with General Motors Corp and threatened to send 73,000 GM factory workers on strike if no deal is reached.
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Representatives of General Motors Corp  and the United Auto Workers union returned to the bargaining table on Saturday amid expectations the two sides were closing in on a deal that would slash health care costs for the top U.S. automaker.
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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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Talks between the United Automobile Workers and General Motors appeared close to an impasse Sunday.
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Delphi Corp.  said on  Friday it had reached a tentative deal with the United Auto  Workers and former parent General Motors Corp.  intended  to allow the auto parts maker to cut wages and emerge from  bankruptcy.
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Negotiations between the United Auto Workers and General Motors Corp  entered a fifth day on Wednesday, taking on a slower pace that the union warned could lead to setting a deadline for a conclusion.
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The UAW union ends its strike at General Motors after reaching a tentative deal with the carmaker.