GM losses prompt offer to unions
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General Motors offers voluntary redundancy packages to unionised staff as it posts a loss for 2007.
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Negotiators from General Motors Corp and the United Auto Workers union returned to the bargaining table on Saturday for a third day of intensive talks aimed at clinching a labor contract for the largest U.S. automaker.
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A union leader at Alitalia says for the first time that he may consider job losses to help secure the future of the troubled Italian carrier.
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Detroit automakers, hit with huge losses, may spin responsibility off to the labor union during contract talks this summer.
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General Motors Corp  and the  United Auto Workers union broke off negotiations early on  Friday and agreed to return to the bargaining table later in  the day, as 73,000 GM workers returned for another day of work  without a new contract.
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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.
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Negotiators for the United Auto Workers union and General Motors Corp were back at the bargaining table on Monday after breaking in the early hours of the day, as thousands of GM factory employees went to work without a new contract.
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General Motors Corp will offer buyouts or early retirements to all 74,000 U.S. hourly workers represented by the United Auto Workers in a sweeping deal with the union intended to clear the way for GM to hire lower-cost replacements.
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Automaker, unions agree to eliminate up to 12,000 workers to curb losses and save $665 million a year. By Ed Garsten / The Detroit News.
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General Motors Corp., the world's largest automaker, will sign an agreement this week to sell its money-losing locomotive unit to two private U.S. equity groups, sources familiar with the negotiations said on Tuesday.
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General Motors Corp  and the United Auto Workers union broke off negotiations early on Friday and agreed to return to the bargaining table later in the day, as 73,000 GM workers returned for another day of work without a new contract.
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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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Negotiators from the United Auto Workers union and General Motors are due back at the negotiating table Tuesday morning, as the impact of the strike is expected to start spreading to other workers the day after 73,000 union members went on strike against the nation's largest automaker.
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General Motors Corp. GM.N, the  world's biggest automaker, will keep shrinking its U.S. work  force this year, offering buyout packages to more salaried  employees to offset rising costs, executives said on Monday.
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Outraged workers in Germany refuse to resume production as automaker seeks to save $623.8Ma year. FRANKFURT, Germany  - General Motors management started negotiations with union leaders Monday over
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Members of the United Auto Workers union were reported to be returning to work at 59 General Motors plants Monday morning, as negotiators from their union and their company continue to seek a new labor agreement more than two days after their old contract expired.
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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.