4 result(s) displayed (1 - 4 of 4):

Ford-UAW deal close, but will members agree? (from Corporate Dealmaker)

Ford Motor Co. is reportedly nearing a deal with the United Auto Workers on labor-contract revisions aimed at bringing Ford's costs in line with those of crosstown rivals General Motors Co. and Chrysler Group LLC.UAW local officials have been summoned by leadership to Detroit on Tuesday for an update on...

Posted on October 9, 2009 5:00 PM

Blueprint for compromise in GM/UAW dispute? (from Corporate Dealmaker)

While much is being made of the chasm that separates General Motors Corp. (NYSE:GM) and the United Auto Workers as they enter a new round of concession talks, there appears to be at least a road map for the two sides to reach a compromise ahead of a June 1...

Posted on May 18, 2009 3:02 PM

GM, Chrysler: Capital vs. labor, yet again (from Corporate Dealmaker)

Capital goes where it's wanted and stays where it's well-treated, Walter Wriston famously observed.Labor stays put and demands good treatment right where it is. This is as true, by the way, for the labor provided by rich bankers as it is for auto workers with cushy work rules and benefits....

Posted on May 6, 2009 10:35 AM

Ford burns billions, won't seek aid barring 'significant event' (from Corporate Dealmaker)

Ford Motor Co. doesn't want to join the ranks of General Motors Corp. and Chrysler LLC in asking for federal bailout money. As the economic drag keeps would-be car buyers at bay, Ford reported it lost $5.9 billion in the last quarter and says it will tap credit lines to...

Posted on January 29, 2009 9:46 AM