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Prior to the November job cuts, GM also trimmed another 1,000 salaried positions in software and services, according to reports. GM aims to trim $2 billion in costs as it adjusts its EV strategy ...
Thousands more jobs are under threat in Germany's beleaguered automotive industry. Parts supplier Schaeffler said it would cut thousands of jobs for a net reduction of about 3,700 workers.
A second-tier wage of $14.50 an hour, which applies only to newly hired workers, is lower than the average wage in non-union auto companies in the Deep South. [47] One of the benefits negotiated by the United Auto Workers was the former jobs bank program, under which laid-off members once received 95 percent of their take-home pay and benefits.
But non-unionized foreign and domestic competition has undercut the US auto industry and eroded UAW jobs and benefits in recent years. UAW members on a picket line outside a Ford plant in Wayne ...
The Changing U.S. Auto Industry: A Geographical Analysis (Routledge, 1992) Seltzer, Lawrence H. A financial history of the American automobile industry; a study of the ways in which the leading American producers of automobiles have met their capital requirements (1928; reprinted 1973) online; Smitka, Michael.
Center for Automotive Research estimated that for every job created by a foreign transplant, 6.1 jobs were lost by the Big Three. The support given to General Motors and Chrysler by the Obama administration was initially unpopular, with a March 2009 CNN /Opinion Research Corporation poll finding that only 37% of Americans approved of the ...