UAW

'All of the elements' of the UAW labor contract should be re-examined to keep the U. S. auto industry competitive, he said.

And if it did, what are the odds of the UAW or Washington politicians giving their blessing? Pretty close to zero.

But the UAW fund will still get $585 million of the company's cash per year, in the form of a dividend on preferred stock.

The UAW had previously insisted that it had already done enough to help the car companies.

If such a deal were to be struck between the UAW and Chrysler, GM and Ford would demand something similar.

The UAW would become a major shareholder in the new Chrysler if it agreed to swap half of its debt with the carmaker into equity.

Adjust the program to be made early this week will be a member of the convening of the meeting submitted to the UAW local union leaders.

However, Chrysler has yet to strike a new deal with the UAW, with the CAW taking a wait-and-see stance before making a move of its own.

The United Auto Workers has been among the constituents downplaying any potential benefits of a deal.

He urged the UAW and CAW to reach an agreement, stating that if they failed to do so, the ramifications would be far further reaching.

GM plans to begin discussions this week with bond holders and the UAW in an attempt to cut its debt by $30 billion, or by about half.

The UAW will have one director on the board of the reorganized GM and a 17. 5 percent stake in the company.

Talks between GM and the union broke down on Saturday. Chrysler's negotiations with the UAW are also deadlocked.

And the cost of that overhead adds up quickly, especially under the previous UAW agreement.

This [bailout of the auto industry] is not going to really work without getting some kind of flexibility from the UAW.

Both companies were in talks yesterday with the United Auto Workers' union on securing cuts in labour costs.

It is unclear what impact that would have, though it could give the UAW an even bigger ownership piece in a combined GM-Chrysler operation.

The automaker recently signed a deal with the UAW that will see production continue at its underutilized Normal, Illinois, plant.

The UAW most recently went on strike against American Axel for 80-days, essentially bringing several General Motors plants to a halt.

Like bondholders, the United Auto Workers union is being pressed to accept stock in a recapitalized GM in exchange for debt forgiveness.

The UAW endorsed the deal, along with the United Food and Commercial Workers, whose members could benefit from expanded meat exports.

The United Auto Workers smoothed the way for the Nexteer acquisition by agreeing to sizeable concessions, including a wage cut.

The agreement also involves further concessions to a UAW-Chrysler contract agreed to in 2007, for which workers must approve by Wednesday.

1937 - After a bitter strike, GM recognizes the United Auto Workers (UAW) as the bargaining representative for its hourly workers.

In North America, Jack Smith had to deal with his directors, powerful functional bosses, and the UAW.

It's expected that the GM deal with the UAW will very closely resemble the deal recently made with Chrysler.

However, GM's China import plans could change in the coming months, pending forthcoming negotiations with the UAW.

The union is now negotiating contracts with Ford Motor Co. and Chrysler Group LLC.

The United Auto Workers have, belatedly, acknowledged the sacrifices they must make.

2007 - GM signs deal with the UAW, which includes shifting GM's retiree health care liabilities to an independent trust.

That compares to the $28 and $38 an hour veteran UAW members can earn at the Big Three, depending upon seniority and job classification.

"When he's in the midwest, he tells voters he supports the industry, " UAW president Ron Gettelfinger said.

After months of negotiations, General Motors' hourly UAW workers have finally ratified a new labor contract.

Small wonder the United Auto Workers union (UAW) is less truculent than before.

However, that stake could be reduced to 55 percent, depending on options exercised by the UAW.

Financial rewards are linked to this measure, even for the unionised part of the workforce: the UAW ultimately proved open to change.

GM is seeking concessions from the UAW and debtholders as required under the terms of its $13. 4 billion bailout.

And our wonderful media complied with their spin on the morning news shows: "UAW Refuses to Give Concessions Killing Auto Bailout Bill. "

In any case, the UAW may have its reasonableness tested in the coming talks with Ford and, in particular, Chrysler.

FARM OUT the manufacturing overseas where they don't pay UAW wages and have the same regulations.

Our contract with the UAW covered tanks as well as cars.

Days earlier, the UAW signed off on a range of concessions.

The UAW has been on the right side of the Detroit bankruptcy drama all along.

Americans are outraged by both Wall Street fat cats and the UAW job bank.

GM and the UAW reached a tentative contract last week but details of the proposed pact have not yet been released.

GM's roughly 54, 000 UAW-represented U. S. factory workers are expected to vote on the agreement next week.

The UAW may one day have to brace itself.

Chrysler's biggest shareholder is a United Auto Workers union healthcare fund, which has 59. 2 per cent.

In 1998, GM attempted to address their labor cost issues with the UAW.

According to Automotive News, the UAW voted 74 percent in favor of the new contract.

The UAW is set to vote on the new labor deal today.

The UAW will get one seat on the board of directors and the government may occupy another.

Mr Shaiken thinks this is fairly likely, so long as Ford and Chrysler reach similarly amicable deals with the UAW.

Under a new labor agreement with the UAW, GM's hourly domestic workforce, which numbered600, 000 at its peak, will drop to 40, 000.

Besides not yet achieving concessions from the UAW and bondholders, predicting future auto demand is also a big challenge for the team.

"If you're going to build them in China, sell them in China, " says the UAW's president, Ron Gettelfinger.

On other hand; they sometimes struggled to employ and train their workforces as they purposefully avoided UAW-organized states.

The reality is that GM, Chrysler, the UAW and the bond holders are just playing for time.

Bondholders smell an unsavoury deal cooked up between the UAW and Barack Obama, who had the union's support in last year's election.

The UAW's trust will have 17. 5% and the bondholders 10%.

The UAW's trust will have 17. 5% and the bond holders 10%.

UAW membership peaked in 1979 at 1. 5 million but has been dropping ever since.