Michele Martin News
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Sergio Marchionne drives a hard bargain. After all, the Fiat SpA chief executive officer gained control of Chrysler Group LLC in 2009 for nothing.
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The United Auto Workers’s protest at U.S. Hyundai Motor Co. dealerships today is to show support for Korean workers, not to target the automaker’s U.S. employees for a membership drive, a union spokeswoman said.
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Chrysler Group LLC Chief Executive Officer Sergio Marchionne is pressing the United Auto Workers for a cheaper contract than his rivals, taking a hard-line stance that may push the talks into arbitration.
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Volkswagen AG ’s $1 billion investment in a new factory in Tennessee positions the company to boost sales as U.S. auto demand continues to recover from an almost three-decade low.
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The United Auto Workers, bargaining a new contract for U.S. automakers, is turning to General Motors Co. to set the pattern for wages and benefits for the U.S. industry, said three people familiar with the discussions.
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The United Auto Workers will shift to bargaining with Ford Motor Co., an automaker it can strike, after extending its contract with Chrysler Group LLC.
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The United Auto Workers, bargaining a new contract with U.S. automakers, is seeking a signing bonus of as much as $10,000, more than three times higher than the payment workers received for endorsing the current accord, according to four people familiar with the proposal.
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The United Auto Workers will seek early contract settlements in talks with the U.S. automakers this year, breaking a pattern of brinksmanship that stretches at least four decades, two people familiar with the plan said.
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The United Auto Workers is trying to hold its first successful organizing drive at a foreign-car factory in the U.S. To succeed, the union has to convince people like Rocky Long.
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Former U.S. House Speaker Newt Gingrich, at a campaign stop today in Des Moines, Iowa, blamed the United Auto Workers union for hindering U.S. manufacturing.
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