Wages and Pensions
GM to make pension payments for years just to escape EuropeTue, 07, Mar 2017
Ford expects $2 billion hit to 2016 net income over pension accounting changeFri, 20, Jan 2017
Ford finds mixed blessing in end of tiered wagesSun, 08, May 2016
Tough competition for talent driving wage growth in dealershipsMon, 11, Apr 2016
The dealership labor market is tightening as retailers hire additional employees and pay them more, the annual NADA Data report shows. The trend adds to the pressure dealers face to come up with better ways to recruit and retain talent.
GM to issue debt to shore up U.S. hourly pension planThu, 18, Feb 2016
UAW ratifies national labor pact with GMFri, 20, Nov 2015
The UAW ratified a new four-year labor agreement with GM, ending two weeks of deliberations amid opposition to the deal from skilled-trades workers. The union's 14-member International Executive Board decided to approve the contract after a meeting Friday with officials from local UAW chapters across the country.
Ford workers approve UAW contract after late push by union leadersFri, 20, Nov 2015
A last-ditch push by UAW leaders to rally support for a proposed contract with Ford Motor Co. mustered just enough votes to overcome widespread opposition and bitterness among workers as the company generates record profits. The union now has new four-year contracts in place with each of the Detroit 3.
UAW faces tough road to salvage failed Fiat Chrysler dealFri, 02, Oct 2015
The UAW-FCA deal: A bridge too shortMon, 28, Sep 2015
At the UAW national bargaining convention in March, rank-and-file delegates sent clear marching orders to UAW President Dennis Williams: Use the Detroit 3 negotiations to fix a two-tier wage system damaging to shop-floor solidarity.
Winterkorn expected to receive $32 million pension after exitWed, 23, Sep 2015
Martin Winterkorn, engulfed by a diesel-emissions scandal at Volkswagen AG, amassed a $32 million pension before stepping down Wednesday, and may reap millions more in severance depending on how the supervisory board classifies his exit.