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UAW to bend to help Big 3 get bailout
News Type: Event — Seeded on Thu Dec 4, 2008 12:19 PM EST
Article Source: LA Daily Newsadvertisement
"The United Automobile Workers union said Wednesday that it would make major concessions in its contracts with Detroit's three auto companies to help them lobby Congress for $34 billion in federal aid.
The surprising move by the UAW could be a critical factor in the automakers' bid to not only get government assistance, but also to help them become competitive with the cost structure of nonunion plants operated by foreign automakers in the United States. "
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 | U.A.W. to Change Contracts in Bid to Help Detroit | The New York Times | Wed Dec 3 | 5 |
 | UAW to renegotiate labor terms, suspend jobs bank | Associated Press | Wed Dec 3 | 2 |
| Senate hearing sets the stage for the impoverishment of US autoworkers | WSWS | Fri Dec 5 | 1 |
| UAW grants concessions, exec warns of depression | Associated Press | Tue Dec 2 | 27 |
| Union concessions may improve prospects for auto bailout | MiamiHerald.com | Wed Dec 3 | 1 |
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"At a news conference in Detroit, the union's president, Ron Gettelfinger, said his members were willing to sacrifice job-security provisions and funding for retiree health care in order to keep the two most troubled car companies of the Big Three, General Motors and Chrysler, out of bankruptcy. "
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#1 - Thu Dec 4, 2008 12:21 PM EST{"canLink":false,"threadId":"434582","isPrivate":false}
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