Fiat Chrysler Automobiles NV and the United Auto Workers (UAW) union on Saturday declared a tentative agreement for a four-year labor contract, which is good for the automaker as it works to merge with France’s Groupe PSA. Fiat Chrysler and PSA had earlier announced a planned $50 billion merger to form the world’s fourth-largest automaker. […]
United Auto Workers (UAW)
Ford’s UAW members vote to ratify a new four-year contract
The United Auto Workers union stated on Friday that rank-and-file members at Ford Motor have voted in support of a new four-year labor contract with Ford. The UAW will now concentrate on Fiat Chrysler Automobiles (FCA), the only remaining Detroit automaker without a new labor contract. Discussions with FCA are expected to start on Monday, […]
Ford has other plans for electric cars, new UAW agreement tells
Ford may be moving its electric car strategy, the recent agreement with UAW tells Ford Motor’s tentative agreement with the United Auto Workers (UAW) suggests that a plan to bring electric vehicle production to Flat Rock, Michigan, factory that produces the Ford Mustang and Lincoln Continental has been modified. Ford announced in March that the factory would start building […]
UAW union president takes leave of absence under cloud of a federal investigation
The president of the United Auto Workers (UAW) union, who has been connected to an ongoing corruption investigation by U.S. federal officials, has taken a leave of absence, the union stated on Saturday in a statement. Gary Jones’ leave of absence, that follows a vote by the executive board, will be effective starting from Sunday, the […]
UAW president taking leave amid corruption investigation
United Auto Workers (UAW) President Gary Jones is taking a paid leave of absence in middle of a federal investigation of corruption in the union. The UAW stated Jones requested the leave, which is effective Sunday. The federal government has been searching whether fraud and misuse of funds at the UAW took place for over […]
40-day strike cost General Motors almost $3 billion
Only two weeks of a lengthy strike in opposition to General Motors happened in the third quarter, but that was enough to damage the company’s net profit by about $1 billion. The company has reported that its third-quarter net profit dropped 7% as a strike by the United Auto Workers (UAW) union brought its U.S. factories to a standstill. […]
General Motors strike to negatively impact U.S. October job growth
A strike by General Motors employees should weigh on U.S. job growth in October, government data revealed on Friday. The Labor Department’s monthly strike report revealed 46,000 General Motors workers were idle at the automaker’s plants in Michigan and Kentucky during the October payrolls count. Striking employees who do not receive a paycheck during the […]
Prolonged UAW strike at General Motors to cost $1.5 billion
An ongoing strike of workers at General Motors could cost the automaker about $1.5 billion, brokerage Credit Suisse stated on Friday, moving the U.S. automaker’s cost reduction plans off the track and forcing key providers to slash their 2019 outlook. The brokerage has assumed the strike by the United Auto Workers (UAW) union, presently in […]
Former UAW official pleads guilty in a corruption case
A former leading United Auto Workers (UAW) official in charge of the union’s relations with Fiat Chrysler Automobiles NV (FCA) pleaded guilty on Tuesday in a U.S. federal court in Detroit for misusing the automaker’s funds for lavish spending on UAW officials. As part of a plea agreement, Norwood Jewell, who led the UAW’s FCA […]
UAW President states payments to union official did not influence talks
United Auto Workers (UAW) President Dennis Williams on Friday rejected a claim that payments by a Fiat Chrysler Automobiles NV (FCA) executive to a union official had compromised agreement talks or affected union funds. In a letter to members read by Reuters, Williams stated, “There is simply no fact to the claim that this misbehavior […]
Class-action lawsuit filed against Tesla, claiming racial discrimination
U.S. automaker Tesla Inc hit with a class-action lawsuit claiming its California production plant is a “hotbed for racist behavior.” The lawsuit submitted in California state court in Oakland is at least the third submitted this year by black employees who informed they were addressed using racial slurs which the company overlooked their complaints. However […]
