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.
General Motors Co. is free from U.S. taxpayer ownership almost half a decade after first receiving government aid, underscoring the domestic auto industry’s rebound from the deepest downturn since the Great Depression.
U.S. automakers may seek to start providing as much as 15 percent of union workers’ compensation in performance bonuses and lump-sum payments, emulating how their Japanese counterparts and salaried employees are paid.
Michigan’s swift conversion to a right-to-work state has galvanized advocates of the law, who vow to seek similar legislation nationwide under the battle cry: “If it can happen in Michigan, it can happen anywhere.”
Toyota Motor Corp.’s plan to source cars from Mazda Motor Corp.’s Mexican plant starting in 2015 highlights global automakers’ growing reliance on the Latin American nation for quality production as well as lower costs.