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General Motors Co shifted health insurance costs for its striking workers to the United Auto Workers union as its members walked the picket line for the second day on Tuesday. The UAW on Monday ...
These costs can be attributed to worker pensions and healthcare programs the unions have negotiated. The number of UAW members at GM has also steadily decreased as the company downsized. At the time of the 2007 strike, the 73,000 workers at GM are far lower than the 400,000 workers GM employed when the UAW last went on strike in 1970. [2]
Demands by workers included increased job security, gateway for temporary workers to become permanent, better pay and retaining healthcare benefits. The strike lasted six weeks, and ended when GM conceded to union demands on wage growth and health care costs because the new contract allows GM to close three factories: the Lordstown Assembly ...
That means GM is selling cars at higher average prices this year than it was in 2023. Its average transaction price in North America reached nearly $50,000. GM last year estimated that the strike ...
General Motors Co shifted health insurance costs for its striking workers to the United Auto Workers union as its members walked the picket line for the second day on Tuesday. The UAW on Monday ...
Employee pricing is a selling strategy launched in 2005 by the auto industry to attract customers by using the discounted prices that auto industry employees pay for new cars rather than the sticker price MSRP. The program was first offered that year by General Motors, and later followed by Ford, Chrysler, and some local dealerships.
Likewise, the Free Press reported on Jan. 23 that UAW-represented workers at Ford also began receiving $50,000 buyout offers. The window for eligible employees to sign up for that program was ...
If you’re a healthcare worker, first responder, military personnel or law enforcement officer, several companies are offering deals and discounts to express their gratitude for all the hard work ...