If General Motors Corp. were forced into Chapter 11 bankruptcy protection, the company would end up being liquidated because a long bankruptcy would scare customers away, CEO Rick Wagoner said Tuesday. ...more

March 17, 2009

Ford Makes Deal On UAW Fund The United Auto Workers and Ford Motor Co. said Monday they agreed to let the automaker change how it pays for a health care trust fund for retired workers. Ford said the agreement allows it to make payments to the union-managed trust with up to 50 percent of company stock instead of cash. ...more

February 24, 2009

The United Auto Workers' deal with Detroit's three automakers limits overtime, changes work rules, cuts lump-sum cash bonuses and gets rid of cost-of-living pay raises to help reduce the companies' labor costs, people briefed on the agreement said Wednesday. ...more

February 18, 2009

WASHINGTON - A top Chrysler executive warned Wednesday that a carmaker collapse could send the economy spiraling into a depression, while the United Auto Workers agreed to new concessions for their companies. ...more

December 3, 2008

Its years as the nation's largest employer a distant memory, General Motors may still be setting the trend for corporate-worker relations in shedding its obligation for the health care of 340,000 retirees. ...more

October 16, 2007

The United Auto Workers union reached a tentative four-year contract with Chrysler on Wednesday, hours after going on strike and the same day General Motors workers ratified a separate four-year pact. ...more

October 11, 2007