Bruno Vitali, head of the automotive sector of the Fim-Cisl Italian union, said that he met with UAW President Ron Gettlefinger today. A reported by Italian wire service ANSA quoted Vitali saying that the “Fiat-Chrysler deal is ready and could be signed as soon as this afternoon.” According to Automotive News, the publication said that Vitali [...]
Republican Florida congressman Connie Mac said today that the Obama administration should demand UAW President Ron Gettlefinger to step down. Mack said that the UAW is just as responsible for the condition of the American auto industry as former General Motors CEO Rick Wagoner. She said Gettlefinger should be held responsible for calling strikes and refusing concessions with the Detroit [...]
General Motors said that new agreements with the United Auto Workers will save the company at least $1 billion annually. The savings were outlined in a 17-page report submitted to the U.S. Treasury Department yesterday. GM said that last year’s hourly costs fell to $7.6 billion and that it is projecting a further drop to $6.5 [...]
United Auto Workers President Ron Gettlefinger said this morning that he will be retiring in 2010. In an interview with local radio station WJR-AM, Gettlefinger said that he won’t be seeking re-election next year. Rumor had it that Gettlefinger, 64, would run for another term. “There is absolutely no basis or merit to any of [...]
In a deal that will allow Ford to use stock to fund up to half of its obligations to retiree health care trusts, the UAW members at FoMoCo have ratified changes to the independent Voluntary Employee Beneficiary Association (VEBA) According to Automotive News, nearly 60 percent of the votes favored the measure. “Once again UAW [...]
FoMoCo announced today that it has reached a tentative agreement with the UAW on modifications to the Voluntary Employee Beneficiary Association (VEBA) retiree health care trust. Ford said that the agreement allows the company to make up to 50 percent of its scheduled payments into the VEBA using Ford common stock. The automaker said that it will [...]
Chrysler LLC is offering another round of buyouts and early retirement packages to hourly workers in an effort to replace them with new employees that will work for cheaper. According to a union official, the packages were announced on Friday to selected UAW officials since the company has not announced the plan publicly. A new [...]
Ron Gettlefinger, the UAW President, said today that General Motors and Chrysler may not need additional federal funding beyond the $17.4 billion already approved by President George W. Bush and the White House. Gettlefinger said that the money should be sufficient depending on sales volume. “If we can get by without more money, that’s what [...]
