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UAW Says Blame Economy, Not Contracts
Even as Detroit's Big Three teeter on the edge of collapse, United Auto Workers President Ron Gettelfinger said Saturday the problem is not the union's contract with the automakers and that getting the companies back on their feet means finding a way to turn around the economy. ...more
November 16, 2008
Ford Offers Buyouts To Slash Payroll
Ford Motor Co. will offer buyout and early retirement packages to 54,000 U.S. hourly workers, or 93 percent of its hourly work force, in an effort to cut costs and replace those leaving with lower-paid workers. Thursday's announcement came as Ford said it narrowed its losses in 2007 but warned that the outlook for U.S. sales in 2008 remains grim. ...more
January 25, 2008
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