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Found 48 results

  1. Ford and the United Auto Workers (UAW) have reached a tentative labor contract deal in just days after the strike at General Motors ended. The details of the deal have not yet been released, but Ford did confirm the deal in a short statement. The talks began on Monday and the two sides quickly made progress on the smaller issues. Various UAW leaders from the U.S. plants will meet on Friday to approve the deal which then must be sent to Ford's 55,000 union members for ratification. Ford has a closer relationship with the UAW than the other Detroit manufacturers with Ford Executive Chairman Bill Ford calling the UAW "Family" and that the UAW "helps to make Ford better and stronger". Once the deal with Ford is ratified, the UAW will move on to negotiate with FCA. View full article
  2. Ford and the United Auto Workers (UAW) have reached a tentative labor contract deal in just days after the strike at General Motors ended. The details of the deal have not yet been released, but Ford did confirm the deal in a short statement. The talks began on Monday and the two sides quickly made progress on the smaller issues. Various UAW leaders from the U.S. plants will meet on Friday to approve the deal which then must be sent to Ford's 55,000 union members for ratification. Ford has a closer relationship with the UAW than the other Detroit manufacturers with Ford Executive Chairman Bill Ford calling the UAW "Family" and that the UAW "helps to make Ford better and stronger". Once the deal with Ford is ratified, the UAW will move on to negotiate with FCA.
  3. General Motors' lost $2.9 billion in profit due to the strike according to the company's Q3 earnings report released Tuesday. That number exceeded analyst estimates by $900 million. In the final two weeks of the strike, as further plants had to be shut down due to parts shortages, the company lost $750 million. The total loss is about $2.00 per share. The stock is up 4.71 percent over Monday's close at the time of this writing. The strike hit 31 factories and 21 other facilities including plants in Canada and Mexico which build the Chevrolet Equinox and Chevrolet Blazer respectively. Both plants were forced to shut down due to parts shortages caused by striking workers in the U.S. View full article
  4. General Motors' lost $2.9 billion in profit due to the strike according to the company's Q3 earnings report released Tuesday. That number exceeded analyst estimates by $900 million. In the final two weeks of the strike, as further plants had to be shut down due to parts shortages, the company lost $750 million. The total loss is about $2.00 per share. The stock is up 4.71 percent over Monday's close at the time of this writing. The strike hit 31 factories and 21 other facilities including plants in Canada and Mexico which build the Chevrolet Equinox and Chevrolet Blazer respectively. Both plants were forced to shut down due to parts shortages caused by striking workers in the U.S.
  5. The UAW has announced that their membership has ratified the new 4-year contract deal with General Motors 23,389 to 17,501. Roughly 46,000 union members will receive an $11,000 ratification bonus while temporary workers will get $4,500. According to GM, work is to resume Monday with the first shift, however GM was attempting to get volunteers to start production earlier on Saturday and Sunday at Flint Assembly and Fort Wayne Assembly where the GMC Sierra and Chevrolet Silverado are built. The strike, which lasted roughly 6 weeks, cost the company $450 million per week. The new agreement includes: No increase in healthcare contribution, retaining the current 3% rate 3% wage increases or 4% lump sum payments each of the 4 years of the contract $11,000 signing bonus to union employees, $4,500 for temporary employees $7.7 billion in investments in U.S. manufacturing plants, including Detroit-Hamtramck, a plant originally slated for closure Enhanced employee profit sharing with no cap A clear path for temporary employees to become permanent after three years of service beginning January 2020. View full article
  6. The UAW has announced that their membership has ratified the new 4-year contract deal with General Motors 23,389 to 17,501. Roughly 46,000 union members will receive an $11,000 ratification bonus while temporary workers will get $4,500. According to GM, work is to resume Monday with the first shift, however GM was attempting to get volunteers to start production earlier on Saturday and Sunday at Flint Assembly and Fort Wayne Assembly where the GMC Sierra and Chevrolet Silverado are built. The strike, which lasted roughly 6 weeks, cost the company $450 million per week. The new agreement includes: No increase in healthcare contribution, retaining the current 3% rate 3% wage increases or 4% lump sum payments each of the 4 years of the contract $11,000 signing bonus to union employees, $4,500 for temporary employees $7.7 billion in investments in U.S. manufacturing plants, including Detroit-Hamtramck, a plant originally slated for closure Enhanced employee profit sharing with no cap A clear path for temporary employees to become permanent after three years of service beginning January 2020.
  7. The UAW has been striking against General Motors for 31 days, the longest work stoppage since the 1970s. Now news comes that GM and the Union have reached a tentative agreement and the union council will vote today on whether to end the walkout of 46,000 workers or wait until the agreement is ratified by union members. The Union and GM plan to discuss the deal after the vote has taken place. We will update this article as more news comes. Update 1:20 pm: Healthcare remains as-is. Temporary employees have a path to full employment All current hourly workers will receive raises to at least $32.32 by the end of the contract term Wages subject to increases of 3% a year New hires reach full pay in 4-years instead of the current 8-years $11,000 signing bonus for full-time hourly workers Detroit-Hamtramck (Cadillac CT6, Chevrolet Impala) remains open. Lordstown and two transmission plants in Maryland and Michigan remain closed. Employees from closed plants can retire early or opt for a $75,000 buyout. Workers who retire early will receive a $60,000 bonus and start collecting pension in January or February. View full article
  8. The UAW has been striking against General Motors for 31 days, the longest work stoppage since the 1970s. Now news comes that GM and the Union have reached a tentative agreement and the union council will vote today on whether to end the walkout of 46,000 workers or wait until the agreement is ratified by union members. The Union and GM plan to discuss the deal after the vote has taken place. We will update this article as more news comes. Update 1:20 pm: Healthcare remains as-is. Temporary employees have a path to full employment All current hourly workers will receive raises to at least $32.32 by the end of the contract term Wages subject to increases of 3% a year New hires reach full pay in 4-years instead of the current 8-years $11,000 signing bonus for full-time hourly workers Detroit-Hamtramck (Cadillac CT6, Chevrolet Impala) remains open. Lordstown and two transmission plants in Maryland and Michigan remain closed. Employees from closed plants can retire early or opt for a $75,000 buyout. Workers who retire early will receive a $60,000 bonus and start collecting pension in January or February.
  9. Negotiators have been meeting daily since the UAW went on strike on September 16th and according to sources, the two sides are nearing a deal as talks have intensified over the last 48 hours. All of the issues have reached the "Main Table" and are out of subcommittee which is a sign that a deal is imminent. The initial offer from GM included $7 billion in investments in eight of its US facilities, while also adding 5,400 new jobs. The UAW rejected the initial offer saying that it wasn't enough in terms of pay raises, healthcare, and tenure requirements. GM also offered an $8,000 signing bonus per member to accept the deal. The primary issues are GM's use of temporary workers and the slated closure of a number of plants. If a proposal is reached, the union has to take the proposal to the GM-UAW council and then to team members to approve. It usually takes two weeks for that process, but could be expedited if the UAW decides to keep striking during the voting process. This is the first national strike against GM since 2007 and the longest since the 1970s. The strike is estimated to be costing General Motors $50 million a day. View full article
  10. Negotiators have been meeting daily since the UAW went on strike on September 16th and according to sources, the two sides are nearing a deal as talks have intensified over the last 48 hours. All of the issues have reached the "Main Table" and are out of subcommittee which is a sign that a deal is imminent. The initial offer from GM included $7 billion in investments in eight of its US facilities, while also adding 5,400 new jobs. The UAW rejected the initial offer saying that it wasn't enough in terms of pay raises, healthcare, and tenure requirements. GM also offered an $8,000 signing bonus per member to accept the deal. The primary issues are GM's use of temporary workers and the slated closure of a number of plants. If a proposal is reached, the union has to take the proposal to the GM-UAW council and then to team members to approve. It usually takes two weeks for that process, but could be expedited if the UAW decides to keep striking during the voting process. This is the first national strike against GM since 2007 and the longest since the 1970s. The strike is estimated to be costing General Motors $50 million a day.
  11. The UAW declared a national strike against General Motors, a first since 2007, after GM failed to reach a deal with union leaders over wages and benefits. A union spokesman said it was a unanimous vote to strike and that the status of the negotiations are unclear. General Motors said that its offer to the UAW included more than $7 billion in U.S. investments, jobs, higher pay, and improved benefits. It included an offer for more than 5,400 jobs, the majority of which would be new. The offer would allocated an electric truck to Detroit-Hamtramck assembly plant and Lordstown would be reopened as a battery assembly plant. The UAW's previous contract with General Motors expired on Saturday at midnight, but workers were told to continue to show up to work under the terms of the prior contract while negotiations were ongoing. Fiat Chrysler Automobiles and Ford Motor Company have extended their current contracts while the GM talks are happening. View full article
  12. The UAW declared a national strike against General Motors, a first since 2007, after GM failed to reach a deal with union leaders over wages and benefits. A union spokesman said it was a unanimous vote to strike and that the status of the negotiations are unclear. General Motors said that its offer to the UAW included more than $7 billion in U.S. investments, jobs, higher pay, and improved benefits. It included an offer for more than 5,400 jobs, the majority of which would be new. The offer would allocated an electric truck to Detroit-Hamtramck assembly plant and Lordstown would be reopened as a battery assembly plant. The UAW's previous contract with General Motors expired on Saturday at midnight, but workers were told to continue to show up to work under the terms of the prior contract while negotiations were ongoing. Fiat Chrysler Automobiles and Ford Motor Company have extended their current contracts while the GM talks are happening.
  13. General Motors' announcement to idle and possibly close five plants next year comes around the same time that the company begins their negotiations with the United Auto Workers (UAW). Already, the UAW has said they would go "through every legal, contractual and collective bargaining avenue open to our membership," to try and keep the plants. GM's rationale for the move is to improve profitability and help reduce the underutilization of its plants. As we reported last week, GM represents 1 million of the 3.2 million units of underutilized capacity in the U.S. through October. We should note that GM did not say they were going to close down the plants. They used the word "unallocated". We'll let The Detroit News explain why. Emphasis mine. Under the current contract, GM cannot close or idle any plant unless it is done through the collective bargaining process. By not providing any future products, GM may have found a loophole they can use in the negotiations. But it may have opened up a Pandora's box. "This was long planned through intentional strategic investment decisions and product movement over our objections. They may have kept the news about it quiet, but this was planned and had to be gradually executed long before sales numbers were known,” the UAW said in a statement to the News. "GM and the UAW will talk about numerous topics that affect our employees and our business during 2019 negotiations. As always, our intent is to work with the UAW constructively to address our business challenges in a way that keeps the company competitive in these changing market conditions," GM said in a statement. Source: The Detroit News
  14. General Motors' announcement to idle and possibly close five plants next year comes around the same time that the company begins their negotiations with the United Auto Workers (UAW). Already, the UAW has said they would go "through every legal, contractual and collective bargaining avenue open to our membership," to try and keep the plants. GM's rationale for the move is to improve profitability and help reduce the underutilization of its plants. As we reported last week, GM represents 1 million of the 3.2 million units of underutilized capacity in the U.S. through October. We should note that GM did not say they were going to close down the plants. They used the word "unallocated". We'll let The Detroit News explain why. Emphasis mine. Under the current contract, GM cannot close or idle any plant unless it is done through the collective bargaining process. By not providing any future products, GM may have found a loophole they can use in the negotiations. But it may have opened up a Pandora's box. "This was long planned through intentional strategic investment decisions and product movement over our objections. They may have kept the news about it quiet, but this was planned and had to be gradually executed long before sales numbers were known,” the UAW said in a statement to the News. "GM and the UAW will talk about numerous topics that affect our employees and our business during 2019 negotiations. As always, our intent is to work with the UAW constructively to address our business challenges in a way that keeps the company competitive in these changing market conditions," GM said in a statement. Source: The Detroit News View full article
  15. The last thing Volkswagen wants is another issue on its plate. But this week, the UAW has filed an unfair labor practices charge in Tennessee against the automaker. The filing states that Volkswagen declined to negotiate on a contract with the newly formed collective bargaining unit at the Chattanooga, TN plant. Earlier this month, a group of 152 skilled tradesmen voted at the plant voted on whether or not to form a UAW bargaining unit at the plant. With 71 percent votes saying yes, the unit was formed. At the time, Volkswagen said it would appeal the vote to the National Labor Relations Board. The Wall Street Journal reports that the German automaker hasn't done that. "Following this month’s election, we were hopeful that the company would accept the results and recommit to the principles of social responsibility that made Volkswagen a respected global brand. Instead, Volkswagen has refused to come to the bargaining table in violation of federal law,” UAW Secretary-Treasurer Gary Casteel said in a statement. A spokesman for Volkswagen declined to comment. Last February, the Chattanooga plant voted if they wanted union representation failed to pass. Source: Wall Street Journal (Subscription Required)
  16. The last thing Volkswagen wants is another issue on its plate. But this week, the UAW has filed an unfair labor practices charge in Tennessee against the automaker. The filing states that Volkswagen declined to negotiate on a contract with the newly formed collective bargaining unit at the Chattanooga, TN plant. Earlier this month, a group of 152 skilled tradesmen voted at the plant voted on whether or not to form a UAW bargaining unit at the plant. With 71 percent votes saying yes, the unit was formed. At the time, Volkswagen said it would appeal the vote to the National Labor Relations Board. The Wall Street Journal reports that the German automaker hasn't done that. "Following this month’s election, we were hopeful that the company would accept the results and recommit to the principles of social responsibility that made Volkswagen a respected global brand. Instead, Volkswagen has refused to come to the bargaining table in violation of federal law,” UAW Secretary-Treasurer Gary Casteel said in a statement. A spokesman for Volkswagen declined to comment. Last February, the Chattanooga plant voted if they wanted union representation failed to pass. Source: Wall Street Journal (Subscription Required) View full article
  17. The UAW leadership has given the ok to the Ford-UAW tentative agreement that was announced on Friday. According to the Detroit Free Press, the UAW leaders for Ford were briefed yesterday by UAW officials where they gave it the green light. Unlike FCA and GM's contacts, we know a little bit more about what will be coming to Ford's UAW workers. To start, UAW workers will get a $10,000 signing bonus ($8,500 bonus plus $1,500 of profit sharing), a plan to eliminate the two-tier wage system, and $9 billion in investments for future products. The future investments are interesting as the Free Press has learned from a source that will include the Ranger and the return of Bronco nameplates. We got hints of this back in August when talks of bringing back the Ranger we being talked about. It's expected both models will be built at Ford's Michigan Assembly Plant by no later than 2020. Source: Detroit Free Press View full article
  18. The UAW leadership has given the ok to the Ford-UAW tentative agreement that was announced on Friday. According to the Detroit Free Press, the UAW leaders for Ford were briefed yesterday by UAW officials where they gave it the green light. Unlike FCA and GM's contacts, we know a little bit more about what will be coming to Ford's UAW workers. To start, UAW workers will get a $10,000 signing bonus ($8,500 bonus plus $1,500 of profit sharing), a plan to eliminate the two-tier wage system, and $9 billion in investments for future products. The future investments are interesting as the Free Press has learned from a source that will include the Ranger and the return of Bronco nameplates. We got hints of this back in August when talks of bringing back the Ranger we being talked about. It's expected both models will be built at Ford's Michigan Assembly Plant by no later than 2020. Source: Detroit Free Press
  19. The negotiations with the Detroit three seem to be coming to an end as Ford and the UAW announced this afternoon they have reached a tentative contract agreement. “Working with our UAW partners, we have reached a tentative agreement for the next four years for our employees and our business. The agreement, if ratified, will help lead the Ford Motor Company, our employees and our communities into the future,” said John Fleming, Ford executive vice president of global manufacturing and labor affairs. Details of new contract are under wraps as the national council will need to approve. The council will meet next Monday to discuss and give their say on it. According to Automotive News, the contact could resemble the one for GM-UAW workers, which includes a path to the end of a two-tier wage system and a $8,000 signing bonus. “This agreement is significant for our members in that it creates a clear path for economic advancement for active members and rewards veteran employees for their sacrifices in recent years,” UAW Vice President Jimmy Settles said in a statement. “It is one of the richest agreements in the history of UAW-Ford.” Source: Automotive News (Subscription Required) View full article
  20. The negotiations with the Detroit three seem to be coming to an end as Ford and the UAW announced this afternoon they have reached a tentative contract agreement. “Working with our UAW partners, we have reached a tentative agreement for the next four years for our employees and our business. The agreement, if ratified, will help lead the Ford Motor Company, our employees and our communities into the future,” said John Fleming, Ford executive vice president of global manufacturing and labor affairs. Details of new contract are under wraps as the national council will need to approve. The council will meet next Monday to discuss and give their say on it. According to Automotive News, the contact could resemble the one for GM-UAW workers, which includes a path to the end of a two-tier wage system and a $8,000 signing bonus. “This agreement is significant for our members in that it creates a clear path for economic advancement for active members and rewards veteran employees for their sacrifices in recent years,” UAW Vice President Jimmy Settles said in a statement. “It is one of the richest agreements in the history of UAW-Ford.” Source: Automotive News (Subscription Required)
  21. Voting on the new contract for UAW workers at General Motors started this weekend and the early results are mixed. The Detroit News reports that two plants, Lansing Grand River Assembly and Fairfax Assembly in Kansas City, voted over the weekend. Workers at Lansing approved the contract with 57 percent saying the contract should be ratified. Meanwhile at Fairfax, production and skilled worked voted no by 63 and 66 percent respectively. While these results don't indicate the fate of the tentative contract, it does put some worry as to how the other plants will vote. We'll be keeping an eye on the voting as it progresses. Source: The Detroit News
  22. Voting on the new contract for UAW workers at General Motors started this weekend and the early results are mixed. The Detroit News reports that two plants, Lansing Grand River Assembly and Fairfax Assembly in Kansas City, voted over the weekend. Workers at Lansing approved the contract with 57 percent saying the contract should be ratified. Meanwhile at Fairfax, production and skilled worked voted no by 63 and 66 percent respectively. While these results don't indicate the fate of the tentative contract, it does put some worry as to how the other plants will vote. We'll be keeping an eye on the voting as it progresses. Source: The Detroit News View full article
  23. Minutes before an imposed deadline that could have led union workers to walk out and possibly lead to strike, General Motors and the UAW reached a tentative agreement on a new four-year labor contract. Now specific details of the contract are still under wraps as the UAW's leadership will need to approve the deal before sending out to members for ratification. In a statement released by the UAW, the bargaining committee “secured significant gains and job security protections” in its negotiations with GM. “We believe that this agreement will present stable long-term significant wage gains and job security commitments to UAW members now and in the future. We look forward to presenting the details of these gains to local union leaders and the membership,” said UAW President Dennis Williams. "The new UAW-GM national agreement is good for employees and the business. Working with our UAW partners, we developed constructive solutions that benefit employees and provide flexibility for the company to respond to the needs of the marketplace,” said Cathy Clegg, GM North America Manufacturing and Labor Relations vice president. Source: Automotive News (Subscription Required), Detroit News, General Motors, UAW Press Release is on Page 2 UAW-GM BARGAINING COMMITTEE VOTES ON PROPOSED TENTATIVE AGREEMENT UAW-GM Bargaining Committee Votes on Proposed Tentative Agreement UAW National GM Council Leaders to Convene for Vote on Wednesday Terms to be announced following Wednesday vote Detroit, Mich. – The UAW-GM Bargaining committee announced at 11:43 p.m.Sunday that they have secured significant gains and job security protections in a proposed Tentative Agreement with General Motors. The bargaining committee unanimously voted to send the proposed Tentative Agreement to local union leaders who make up the union’s UAW National GM Council. The Council will meet in Detroit on Wednesday to discuss and vote on the agreement. “We believe that this agreement will present stable long-term significant wage gains and job security commitments to UAW members now and in the future,” said UAW President Dennis Williams. “We look forward to presenting the details of these gains to local union leaders and the membership.” UAW Vice President Cindy Estrada called the agreement transformative as it gives our members a clear path. “The significant gains in this agreement are structured in a way that will provide certainty to our members and create a clear path for all GM employees now and in the future. The agreement not only rewards UAW-GM members for their accomplishments, but it protects them with significant job security commitments.” Until the UAW National GM Council votes to approve the deal, it is classified as a Proposed Tentative Agreement. The contract language becomes a Tentative Agreement once the Council votes and they have requested details to be held until they review and vote on the proposal. Following Council approval, the UAW will release details of the Tentative Agreement to its membership and the ratification process will begin. A vote of the UAW-GM membership will decide whether or not the deal is finalized. The union plans to make the details of the agreement available immediately after the UAW National GM Council votes on the tentative agreement Wednesday and will have no comment until that time. GENERAL MOTORS STATEMENT REGARDING A TENTATIVE AGREEMENT BETWEEN GM AND THE UAW DETROIT – General Motors and the United Auto Workers reached a tentative agreement at approximately 11:43 p.m. EDT on October 25, 2015. "The new UAW-GM national agreement is good for employees and the business,” said Cathy Clegg, GM North America Manufacturing and Labor Relations vice president. “Working with our UAW partners, we developed constructive solutions that benefit employees and provide flexibility for the company to respond to the needs of the marketplace.” Terms of the four-year agreement are not being shared publicly to allow the International UAW to inform their membership about the agreement and conduct a ratification vote. If ratified, the agreement would cover about 52,600 GM employees in the United States who are represented by the UAW. GM won’t comment further until the contract is ratified. View full article
  24. Minutes before an imposed deadline that could have led union workers to walk out and possibly lead to strike, General Motors and the UAW reached a tentative agreement on a new four-year labor contract. Now specific details of the contract are still under wraps as the UAW's leadership will need to approve the deal before sending out to members for ratification. In a statement released by the UAW, the bargaining committee “secured significant gains and job security protections” in its negotiations with GM. “We believe that this agreement will present stable long-term significant wage gains and job security commitments to UAW members now and in the future. We look forward to presenting the details of these gains to local union leaders and the membership,” said UAW President Dennis Williams. "The new UAW-GM national agreement is good for employees and the business. Working with our UAW partners, we developed constructive solutions that benefit employees and provide flexibility for the company to respond to the needs of the marketplace,” said Cathy Clegg, GM North America Manufacturing and Labor Relations vice president. Source: Automotive News (Subscription Required), Detroit News, General Motors, UAW Press Release is on Page 2 UAW-GM BARGAINING COMMITTEE VOTES ON PROPOSED TENTATIVE AGREEMENT UAW-GM Bargaining Committee Votes on Proposed Tentative Agreement UAW National GM Council Leaders to Convene for Vote on Wednesday Terms to be announced following Wednesday vote Detroit, Mich. – The UAW-GM Bargaining committee announced at 11:43 p.m.Sunday that they have secured significant gains and job security protections in a proposed Tentative Agreement with General Motors. The bargaining committee unanimously voted to send the proposed Tentative Agreement to local union leaders who make up the union’s UAW National GM Council. The Council will meet in Detroit on Wednesday to discuss and vote on the agreement. “We believe that this agreement will present stable long-term significant wage gains and job security commitments to UAW members now and in the future,” said UAW President Dennis Williams. “We look forward to presenting the details of these gains to local union leaders and the membership.” UAW Vice President Cindy Estrada called the agreement transformative as it gives our members a clear path. “The significant gains in this agreement are structured in a way that will provide certainty to our members and create a clear path for all GM employees now and in the future. The agreement not only rewards UAW-GM members for their accomplishments, but it protects them with significant job security commitments.” Until the UAW National GM Council votes to approve the deal, it is classified as a Proposed Tentative Agreement. The contract language becomes a Tentative Agreement once the Council votes and they have requested details to be held until they review and vote on the proposal. Following Council approval, the UAW will release details of the Tentative Agreement to its membership and the ratification process will begin. A vote of the UAW-GM membership will decide whether or not the deal is finalized. The union plans to make the details of the agreement available immediately after the UAW National GM Council votes on the tentative agreement Wednesday and will have no comment until that time. GENERAL MOTORS STATEMENT REGARDING A TENTATIVE AGREEMENT BETWEEN GM AND THE UAW DETROIT – General Motors and the United Auto Workers reached a tentative agreement at approximately 11:43 p.m. EDT on October 25, 2015. "The new UAW-GM national agreement is good for employees and the business,” said Cathy Clegg, GM North America Manufacturing and Labor Relations vice president. “Working with our UAW partners, we developed constructive solutions that benefit employees and provide flexibility for the company to respond to the needs of the marketplace.” Terms of the four-year agreement are not being shared publicly to allow the International UAW to inform their membership about the agreement and conduct a ratification vote. If ratified, the agreement would cover about 52,600 GM employees in the United States who are represented by the UAW. GM won’t comment further until the contract is ratified.
  25. It is now official; the UAW and FCA have a new contract. This morning the UAW announced the 77 percent of its members at FCA approved a new four-year labor contract. This comes three weeks after a majority of UAW workers voted down the first agreement reached by the two parties. “The recent bargaining process that took place on behalf of our members at FCA is a testament to the UAW’s democratic values and commitment to our members. The resolve of our membership and the dedication of our negotiating team has produced an agreement that affords UAW members a strong wage package and job security while still allowing the company to competitively produce high quality vehicles for our customers," said UAW President Dennis Williams in a statement. So what does the new contract entail? According to the Detroit News, the new contact features a plan to end the two-tier wage program, a larger signing bonus, and cutting the proposed health care co-op. "I think this contract was presented much more clearly. It included larger raises for the people who were considered tier two before and are now called 'in progression workers,' and it was much more clear about what changes were being made to health care," said Kristin Dziczek, director of the labor and industry group for the Center for Automotive Research in Ann Arbor. So with FCA all done, the UAW turns its attention to the next automaker. Who is that lucky automaker? According to Automotive News, that happens to be General Motors Source: Detroit News, Detroit Free Press, Automotive News (Subscription Required)

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