Details on the four-year pact were posted Thursday on the UAW website as factory level union officials met to decide if they’ll approve the deal. Workers went on strike Sept. 16, crippling the company’s U.S. production and costing it an estimated $2 billion.
The deal was hammered out after months of bargaining but won’t bring an immediate end to the strike by 49,000 hourly workers. They will likely stay on the picket lines for at least two more days as two union committees vote on the deal, after which the members will have to approve.
The appearance of two key executives is a strong sign that bargainers are closing in on a contract agreement that would end the strike, which began on Sept. 16.
With the strike by factory workers against General Motors in its 29th day, there are signs that negotiators may be moving toward an agreement.
Nearly four weeks into the United Auto Workers’ strike against General Motors, employees are starting to feel the pinch of going without their regular paychecks.
Both sides are hoping the strike doesn’t last much longer, but while bargaining continues, the top union negotiator says they’re far apart on major issues including wages, job security, health care and a path for temporary workers to become full-time.
The strike against General Motors by the United Auto Workers is playing out amid a corruption scandal inside the UAW that has caused distrust of the union leadership among many rank-and-file members.
Negotiators for General Motors and the United Auto Workers took a break from bargaining around 9 p.m. Monday but headed back at to the tables on Tuesday as a strike by more than 49,000 employees extended into a second day.
A strike by over 49,000 United Auto workers against General Motors could have been averted had the company made its latest offer sooner, the union’s top negotiator said in a letter to the company.
The move announced Tuesday means that GM will be the focus of bargaining, and any deal with the company will set the pattern for Ford and Fiat Chrysler. It also means that if the union decides to go on strike, it will be against GM.
The 2019 J.D. Power Tech Experience Index study found that frustrated drivers may avoid the systems in future vehicle purchases. That’s a problem for automakers who want to prepare people for fully automated vehicles.
The Lafayette factory now has about 5,700 workers and, in April, produced its 4 millionth vehicle since opening in 1989.
Journey Holding Corp.—formed this year through the merger of fast-growing Indianapolis-based tech company DoubleMap Inc. and Salt Lake City-based Ride Systems LLC—is being acquired by a transit-systems technology unit of Ford Motor Co.
Volkswagen will invest $2.6 billion into a Pittsburgh autonomous vehicle company that's mostly owned by Ford as the automakers deepen their partnership to develop driverless and electric vehicles in an ultra-competitive landscape.
Fiat Chrysler abruptly withdrew an offer to merge with French automaker Renault late Wednesday, a shocking reversal of a deal that could have reshaped the global auto industry.
The Detroit-based automaker said Thursday the new round of upgrades being completed this summer will allow the plant to increase production of the Chevrolet Silverado 1500 and GMC Sierra 1500 pickups.
The merger would reshape the global industry: The new company would produce some 8.7 million vehicles a year, leapfrogging General Motors and trailing only Volkswagen and Toyota.
Volkswagen AG is renewing efforts to sell minority stakes in non-core operations to streamline its business and focus on the main passenger-car brands, according to people familiar with the matter.
Ford confessed in February to having taken a flawed approach to using road-load specifications to simulate how aerodynamic drag and tire friction can affect the fuel economy of its vehicles outside testing labs.
The loss was more than double what analysts had predicted as Tesla lost $702.1 million in the quarter.