by Joseph Szczesny | Dec 12, 2019
Members of the United Auto Workers has ratified a new four-year labor contract with Fiat Chrysler Automobiles N.V. The contract, which was approved by 71% to 29%, was the last of the deals negotiated with Detroit’s automakers this fall after a 40 strike at General...
by Michael Strong | Dec 11, 2019
President Donald Trump began banging the drum for replacement of the North American Free Trade Agreement before he became president. Once elected in 2016, he made it a focal point of his first year in office, and as of now, it’s one step closer to reality. The initial...
by Michael Strong | Dec 9, 2019
General Motors’ closure of its Lordstown, Ohio plant met with much criticism, but the company seems to looking to provide a soft landing for the folks who seemed to depend on it financially as the company revealed it’s providing the new owners of the site with a $40...
by Paul A. Eisenstein | Dec 9, 2019
Even though UAW workers are back on the job after ratifying their new contract with General Motors, their six-week strike continues to create headaches – and not just for the largest of the domestic automakers. Dealers are struggling to cope with customers who are, in...
by Joseph Szczesny | Dec 9, 2019
A half dozen law firms from around the United States have filed class-action lawsuits claiming Fiat Chrysler Automobiles N.V. defrauded shareholders withholding information about FCA’s efforts to bribe officials of the United Auto Workers. The lawsuits are asking...
by Michael Strong | Dec 5, 2019
Former UAW Vice President Rory Gamble was named president of the union, succeeding Gary Jones, who resigned in the wake of an ongoing federal investigation into financial mismanagement within the organization. Gamble will retain the spot until 2022. Prior to being...
by Joseph Szczesny | Dec 4, 2019
Former United Auto Workers Vice President Joe Ashton, who once served on General Motors’ board of directors, faces up to 37 months in prison and a $250,000 fine after pleading guilty Wednesday to federal criminal charges. Federal prosecutors charged Ashton with money...
by Joseph Szczesny | Dec 2, 2019
Daimler AG, parent company of Mercedes-Benz, plans to eliminate 10,000 jobs during the next three years as the company restructures to prepare for an electric future and a smaller earnings. The cuts and the restructuring have taken on new urgency as Daimler has been...
by Joseph Szczesny | Nov 30, 2019
The United Auto Workers has reached a tentative agreement on a new labor pact with Fiat Chrysler Automobiles N.V., completing what has been a difficult round of negotiations that took nearly five months to complete amid a scandal that claimed more than a dozen UAW...
by Joseph Szczesny | Nov 29, 2019
Gary Jones, former United Auto Workers president, has given up his membership in the UAW, avoiding an internal union trial on embezzlement that could have stripped him of his union membership. The UAW announced that Jones has sent the resignation of his membership in...
by Paul A. Eisenstein | Nov 27, 2019
Fiat Chrysler and PSA Peugeot Citroen plan to sign a binding merger agreement in the coming weeks, according to communications each company sent to its employees. The move would lock down the deal the two carmakers reached last month and further downplays concerns...
by Michael Strong | Nov 26, 2019
Audi’s new 10-year labor agreement with two plants in Germany allows the automaker to cut 9,500 jobs during the next five years, with a promise of extending job guarantees and adding 2,000 jobs back as the company expands its production of electric vehicles. The...
