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GM’s holds line on labor costs with new contract
Posted on September 29, 2011 | No CommentsGM executives said the agreement reached with its union means the company will maintain its current “break-even” point, which allows the company to remain profitable with annual global sales of about 10.5 million vehicles. msnbc.com: Autos -
GM union leaders back new contract
Posted on September 21, 2011 | No CommentsBottom Line: Union leaders from General Motors factories around the country have endorsed a new four-year contract with the automaker, the Associated Press reports. msnbc.com: Autos -
GM-UAW agree on new contract
Posted on September 17, 2011 | No CommentsGeneral Motors Co. and the United Auto Workers, sobered by the government bailout and bankruptcy at the automaker just two years ago, reached a tentative agreement on a new four-year contract without the public acrimony or strikes that have plagued the talks in the past. msnbc.com: Autos