Archive for Auto industry

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Still no agreement between GM and UAW

GM and UAW still do not have an agreement on how they will manage the retiree health trust fund. This is as GM and Chrysler go back to the congress to present their ‘viability’ plans.

Auto bailout stalled as Senate Republicans insist on UAW concessions

Auto bailout stalled as Senate Republicans insist on UAW concessions

The emergency auto bailout bill passed by the House appears to be going nowhere in the Senate as the Senate Republicans are insisting that UAW give further concessions. This is a key demand to ensure that the industry will be put on a sustainable path going forward