Wages and Pensions

UAW ratifies national labor pact with GM

6:30 pm U.S. ET | Nov. 20, 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....
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Ford workers approve UAW contract after late push by union leaders

11:30 pm U.S. ET | Nov. 20, 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....
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UAW faces tough road to salvage failed Fiat Chrysler deal

7:36 pm U.S. ET | Oct. 2, 2015

Mounting discontent among the UAW's rank and file will complicate efforts of the union's top leaders as they bid to recover from the defeat of a proposed labor agreement with Fiat Chrysler....
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NEWS ANALYSIS

The UAW-FCA deal: A bridge too short

4:15 pm U.S. ET | Sept. 28, 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....
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Winterkorn expected to receive $32 million pension after exit

5:45 pm U.S. ET | Sept. 23, 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....
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FCA's union workers set strike authorization vote for Aug. 20

3:56 pm U.S. ET | Aug. 14, 2015

The UAW has scheduled a strike authorization vote on Aug. 20 for its 37,000 members at Fiat Chrysler Automobiles....
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NEWS ANALYSIS

UAW, Detroit 3 will talk about wages, not jobs, this time

12:01 am U.S. ET | July 18, 2015

Job and product promises sold the last two Detroit 3 contracts to the UAW. This year, the talks are about wages....
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UAW wages may be flat, but workers' pay is up

12:01 am U.S. ET | July 6, 2015

In contract talks with the Detroit 3, the UAW will be looking to boost the pay of veteran Tier 1 workers, who haven't had a wage increase in a decade. But that doesn't mean their pay hasn't gone up....
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Toyota counters union wage request with smaller offer

6:25 am U.S. ET | March 16, 2015

Toyota, which makes more profit than all other Japanese carmakers combined, will offer to raise wages by one-third less than what its labor union requested....
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Union OKs 3% wage rise in Daimler, Porsche's heartland

Feb. 24, 2015 10:47 CET

Germany's biggest trade union, IG Metall, accepted a 3 percent wage increase for the country's southwest region, home to carmakers Daimler and Porsche. The union had called for a 5.5 percent increase. Deals agreed in the region traditionally serve as a template for agreements across Germany....
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