Higher UAW wages will push Detroit 3 to find cost solutions

Bunkley, Nick
November 2015
Automotive News;11/30/2015, Vol. 89 Issue 6701, p0001
Trade Publication
The article reports that General Motors and Ford Motor Co. are giving signing bonuses of nearly 1 billion U.S. dollars to hourly workers who ratified new labor contracts in November 2015. Topics covered include the belief by analysts that the bonuses and pay increases will have negligible effect on the companies' bottom lines, the widening of the labor-cost gap in Detroit, Michigan brought by the contract, and the terms of the new deal.


Related Articles

  • Ford, GM may qualify for higher credit ratings.  // Memphis Automotive Report;Nov2011, Vol. 23 Issue 2, p3 

    The article reports on a four-year labor contracts Ford Motor Co. and General Motors Co. (GM) that could save them money wherein the companies will not have to pay annual raises to U.S. factory workers.

  • CAW's Lewenza to the Detroit 3: No wage cuts. Bunkley, Nick // Automotive News;8/20/2012, Vol. 86 Issue 6530, p3 

    The article reports that according to the Detroit 3, comprising of General Motors Co., Ford Motor Co., Chrysler Group LLC, high labor costs make their Canadian operations uncompetitive although they earn billions of dollars in North America. It is noted that Canadian Auto Workers (CAW) president...

  • Williams: UAW's big pay challenge. Barkholz, David // Automotive News;12/22/2014, Vol. 89 Issue 6652, p4 

    The article presents comments from United Automobile Workers (UAW) President Dennis Williams on the need for a wage increase for longtime automobile workers in the U.S. Topics mentioned include necessary wage negotiations to maintain competitiveness with nonunion rivals, expiry of current UAW...

  • Ford and GM may slash Aussie units.  // Automotive News;7/4/2011, Vol. 85 Issue 6471, p22 

    The article reports on the likelihood of ending or curtailment of manufacturing operations by General Motors Co. and Ford Motor Co. in Australia.

  • GM, Chrysler full-sized pickups likely to get fuel-saving V-6s, too. Colias, Mike; Wernle, Bradford // Automotive News;8/15/2011, Vol. 85 Issue 6477, p14 

    The article presents information on the technologies and steps taken by General Motors Co. (GM) to improve fuel economy and performance, including their comparison with those used by Ford Motor Co.

  • The Wildcat Has Nine Lives.  // Time;3/21/1969, Vol. 93 Issue 12, p96 

    The article reports on the wildcats strikes in Great Britain that could torment the country's economy and damage its deteriorating trade position. Due to the unofficial walkouts experienced by Ford Motor Co. from its employees, the company is offering its workers extra money for no wildcat...

  • CAW deal with Chrysler will cost 1,000 jobs.  // Automotive News;9/26/2005, Vol. 80 Issue 6167, p50 

    The article reports that the Canadian Auto Workers' (CAW) deal with the DaimlerChrysler AG group will cost about 1,000 jobs over the three-year agreement, CAW President Buzz Hargrove said last week. The contract matches the financial pattern set with Ford Motor Co. The job loss also is similar,...

  • Payoff, problems from dropping 2-tier pay. Bunkley, Nick // Automotive News;5/9/2016, Vol. 90 Issue 6724, p0008 

    The article reports on the plan of automaker Ford Motor Co. to keep the two-tier pay scale in its contract with the United Automobile Workers (UAW). Ford Motor wanted the two-tier pay scale even many members of the union hated it. The company claimed removing the two-tier pay scale increased...

  • Detroit 3 have improved supplier attitude.  // Tire Business;8/29/2011, Vol. 29 Issue 11, p0006 

    In this article the author discusses Detroit 3 which comprises of General Motors Corp., Ford Motor Co. and Chrysler Group LLC has improved relationships with automobile suppliers.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics