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Showing posts with label Labor. Show all posts
Showing posts with label Labor. Show all posts

Wednesday, October 26, 2011

Chrysler, autos union agree on labor contract

AppId is over the quota
AppId is over the quota
Carlos Osorio / AP

Cars are seen on a Chrysler assembly line in Sterling Heights, Mich.

The United Auto Workers (UAW) union and Chrysler have reached a tentative four-year labor contract deal, the automaker said on Wednesday.

The deal follows agreements between the UAW and Chrysler's Detroit rivals General Motors and Ford. The UAW deal is Chrysler’s first since its bankruptcy and government bailout in 2009. It covers its 26,000 hourly production workers.

The agreement is subject to UAW member ratification. The GM contract was ratified by its workers late last month and Ford workers are in the process of voting that ends Oct. 18.

UAW President Bob King said in a press statement that the Chrysler pact will create 2,100 U.S. jobs and will include $4.5 billion in investments to produce new models and upgraded vehicles and components by 2015.

“Less than three years ago, Chrysler was teetering on the edge of bankruptcy as our nation was thrown into the worst economic crisis since the Great Depression,” King said. “This tentative agreement builds on the momentum of job creation and our efforts to rebuild America by adding 2,100 new jobs by the end of the agreement in 2015 to communities left in turmoil in the wake of the country’s economic collapse.”



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Ford, UAW Have New Labor Contract

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AppId is over the quota
By Bill Visnic October 19, 2011

Ford UAW Contract Ratified.jpg

After early uncertainty about the popularity with rank-and-file members of a proposed new four-year labor contract with Ford Motor Co., the United Auto Workers (UAW) union announced today it has ratified the agreement, with about 63 percent of UAW hourly workers voting to approve the deal. The contract, running through 2015, provides for about 5,750 new U.S. jobs, including some “insourced” to the U.S. that formerly were in Mexico, China and Japan, solidifies a home for the iconic Ford Mustang and guarantees an investment of $6.2 billion in Ford’s U.S. plants.

The new agreement covers about 41,000 UAW hourly workers, by Ford’s count. In a release, the UAW said the contract includes a $6,000-per-worker signing bonus and “$7,000 in Inflation Protection and Competitive lump-sum payments over the term of the agreement, a new, more transparent and simple profit sharing plan in which workers will receive their first payment averaging $3,700 this year. Entry-level wages were also increased to $19.28 over the term of the agreement.” Entry-level or so-called “second-tier” wages started at about $14 per hour under the prior contract. The inflation-protection payments to each worker are $1,500 annually starting in 2012.

“As the nation’s economy remains stalled and uncertain and its employment rate stagnates, we were able to win an agreement with Ford that will bring auto manufacturing jobs back to the United States from China, Mexico and Japan,” said UAW President Bob King. He said the 5,750 new UAW jobs provided for in the four-year contract brings to 12,000 the number of new jobs at Ford. And the company’s total investment in new vehicles and component-making facilities will be $16 billion.

New Life For U.S. Plants
The new Ford-UAW labor agreement spells out numerous upgrades and new or upgraded products for several U.S. plants, including ones in Michigan and Ohio that were potential candidates for closure. Of particular note is the provision to install a “new, flexible assembly system” at Ford’s Flat Rock, Mich., plant to become the second-source plant for the Fusion midsize sedan, which currently is built exclusively in Hermasillo, Mexico. The plant, already producing the Mustang coupe and convertible, also was confirmed as the assembly site for the next-generation Mustang. Ford’s Ohio Assembly plant in Avon Lake, Ohio, which was widely speculated as ripe for closure, wins production of medium-duty (F-650 and F-750) trucks that currently are produced in a joint venture operation in Mexico. The plant also will produce motorhome and commercial-vehicle “stripped chassis,” after the plant discontinues production of the hoary E-Series fullsize van. Ford said the E-Series will continue to be produced “in certain variations through most of the decade.”

The contract’s largest investment commitment comes at Ford’s Kansas City, MO, assembly plant, where $1 billion will go to add production of the Transit fullsize commercial van, the larger brother of the Transit Connect Ford introduced in 2008 and currently is imported from Turkey. The company will build a new stamping facility at the site to accommodate the Transit. The Kansas City plant also add a second shift of F-Series truck production next year. The contract spells out other upgrades and future-product commitments, which can be found in full detail here, including confirmation that Ford will indeed close its Twin Cities assembly plant in Minnesota this year, marking the end of the Ranger midsize pickup truck.

Another notable disclosure in the new labor contract details a “new, industry leading small V6” to be built at Ford’s Lima, Ohio, engine plant – presumably to replace the 3.0-liter Duratec V6, which is phased out this year and had been in production for 18 years. Ford also is adding capacity to fit 6-speed automatic transmissions in two new vehicles and is phasing out production of 4-speed automatics.

Bill Visnic:  is an AutoObserver Senior Editor. Follow @AutoObserver on Twitter

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Sunday, October 16, 2011

Approval Of Ford, Chrysler Labor Agreements No Slam-Dunk

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AppId is over the quota
By AutoObserver Staff October 14, 2011

After quick ratification by union workers at General Motors Co., new tentative 4-year labor contracts between the United Auto Workers union and Ford Motor Co. and the Chrysler Group LLC could be on shaky ground as sketchy reports indicate approval of the tentative agreements from the UAW rank-and-file membership is far from certain. Many labor analysts expected Ford and Chrysler UAW members to accept the terms of the contract that would take the automakers and union through 2015, but as of midday Friday, with about 30 percent of votes cast at Ford, just 51 percent of workers had accepted terms of the tentative deal. The surprising narrow approval in the early voting from Ford UAW workers is increasing speculation Chrysler workers also may push back against their tentative contract.

Reuters news service reported on Friday that with about 27 percent of Ford workers casting votes on the tentative agreement, a slight majority of 53 percent voted to reject the offer. Particularly troubling for Ford was a 2-to-1 rejection of the tentative contract from one of Ford’s largest UAW assembly plants in Chicago, IL, that is promised new work under terms of the labor agreement. In total, Ford has 40,600 workers represented by the UAW, Reuters reported. Ford’s tentative contract with the UAW provides for higher signing bonuses than awarded to GM workers and Ford also committed to $16 billion in manufacturing investments and to save or add 12,000 jobs in the U.S. during the course of the 4-year contract.

AutoObserver Staff:  The best in the business.

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Saturday, October 1, 2011

GM, UAW Agree On New Labor Contract

AppId is over the quota
AppId is over the quota
By Bill Visnic September 28, 2011

GM-UAW 2011 contract lede.jpg

General Motors Co. today became the first of the Detroit Three automakers to agree on a new four-year labor contract with the United Auto Workers union, announcing in Detroit today a pact that, overall, increases GM’s labor costs about 1 percent. As expected, the UAW garners the commitment of more jobs in GM’s U.S. factories, an increase in the starting wage for newly hired workers and a more-generous profit-sharing formula in addition to a $5,000 signing bonus for each of GM’s approximately 48,500 UAW workers. The new contract was ratified by UAW workers by a roughly 2-to-1 margin.

A “win-win” for GM and the UAW was how GM CEO Dan Akerson described the agreement in a conference call with media and the investment community today. He said the absence of a significant increase in the fixed cost of labor for GM helps the company to “maintain the fortress balance sheet we’ve been working on for the past two years.” Akerson honed in on the new profit-sharing formula, which GM portrayed as more lucrative for workers in the likely range of annual profitability scenarios and with a formula that is “more transparent” than in the past. “When the company does well, the employees ought to share in the success,” Akerson said, adding the program for hourly-worker profit sharing now is similar to the plan for salaried workers.

GM-UAW 2011 contract profit share.jpgThe Specifics
For GM, the new contract enables savings in the non-compensation area by eliminating pension increases, eliminating a legal-services plan for active workers and retirees and moving entry-level workers to a new defined-contribution pension plan. It also includes the final elimination of the infamous Jobs Bank that guaranteed almost full pay to laid-off workers, and the UAW’s agreement of an incentive program to encourage some of GM’s approximately 10,000 underutilized skilled-trades workers to retire.

In terms of compensation-related aspects of the new contract, GM agreed to increase the starting wages of new employees by about $3 per hour from the approximately $14 starting wage today, while the UAW accepted no cost-of-living wage adjustments during the life of the contract and no base wage increases for experienced workers. But the prime component is the new profit-sharing formula. If GM makes $4.7 billion in profits earned in 2010, it would yield a profit-sharing check of about $4,000 for each worker. GM said the overall increase of about 1 percent in labor cost will enable the company to maintain its breakeven point at an annual U.S. Seasonally Adjusted Annual Rate of sales of about 10.5 million units (Edmunds.com’s forecast for 2011 SAAR currently stands at 12.6 million units). The extra costs associated with the new contract will be offset by attrition of older, higher-wage workers and the skilled-trades workers, who will see retirement packages of up to $75,000.

For the UAW, more money for entry-level workers – and the promise of better profit-sharing for all – was nice, but the plum is GM’s promise of maintaining or adding as many as 6,400 new jobs during the duration of the contract. Central to the commitment is the reopening of GM’s dormant assembly plant in Spring Hill, TN, and the addition of a shift to build a new midsize pickup at the company’s plant in Wentzville, MO, as well as increased work at two powertrain plants in Michigan. Questioned about how the Spring Hill plant will be staffed – the contract’s broad rules maintain a company-wide limit for entry-level wage earners of 25 percent – GM officials said the company and the union are working on a “unique set of arrangements” regarding the eventual mix of experienced and new workers at Spring Hill. The company also still has about 700 veteran workers on layoff, GM said.

GM-UAW 2011 contract hour labor.jpg GM-UAW 2011 contract settle eco.jpg

Working Pattern
Although the UAW and GM seem satisfied with the result of the new labor contract, it is unlikely all its specifics can be carried over to currently ongoing negotiations with Ford Motor Co. and the Chrysler Group LLC. For Ford, which reputedly has labor costs slightly higher than GM, workers are said to be seeking higher signing bonuses and a better profit-sharing program, while it is believed Ford may be committed to adding as many as 10,000 new UAW jobs during the life of the contract, which runs through 2015.

The going may be tougher at Chrysler, where CEO Sergio Marchionne has publicly said the company cannot afford GM’s generosity – and to now, at least, has no profits to share. Marchionne also injected an element of combativeness into the negotiations when a letter sent to UAW president Bob King chastised King for not attending a meeting with Marchionne as the current contract’s initial deadline approached. Chrysler and the UAW subsequently extended the deadline to Oct. 19.

Bill Visnic:  is an AutoObserver Senior Editor. Follow @AutoObserver on Twitter

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GM's holds line on labor costs with new contract

AppId is over the quota
Aaron Josefczyk / Reuters-Datei

Arbeitnehmer installieren Teile auf dem neuen Chevrolet Cruze-Auto, wie es bewegt sich entlang Fließband in der General Motors Cruze-Montagewerk in Lordstown (Ohio), im Juli. Gewerkschaftlich organisierte Arbeitnehmer bei GM haben einen neuen der vier-Jahres-Arbeitsvertrag ratifiziert.

Von John W. Schoen, Senior Producer

In neuen Plattenvertrag da General Motors hat einen massiven Umstrukturierungen im Rahmen einer Rettung durch die Regierung, haben Mitglieder der United Auto Workers einen neuen vier-Jahres-Vertrag mit dem Unternehmen angenommen, die Cash-Boni anstelle von automatischen jährlichen Lohnerhöhungen zahlt.

GM Führungskräfte sagte Mittwoch, dass die Vereinbarung bedeutet, dass das Unternehmen seine aktuellen "Break-even" Punkt, beibehalten wird, wodurch das Unternehmen, mit einem globalen Umsatz von ca. 10,5 Millionen Fahrzeuge profitabel zu bleiben. Im vergangenen Monat berichtet die Automobilhersteller, dass im zweiten Quartal Gewinne fast durch höhere Fahrzeug Preise und hohe Umsätze im Ausland verstärkt verdoppelt.

Bei Zustimmung zu flach Löhne, erhalten die meisten Beschäftigten eine Reihe von Prämien, die insgesamt mindestens $11.500 in den nächsten vier Jahren. Das Herzstück des Bonusprogramms enthält eine Gewinnbeteiligung Formel für Arbeiter basierend auf gemeldete Ergebnis des Unternehmens.

"Diese Vereinbarung die Interessen der Arbeiter und Angestellte stärker als je zuvor richtet," sagte GM CEO Daniel Ackerman Reporter und Investment-Analysten auf einer Telefonkonferenz Mittwoch. "Wenn Angestellte Anteil am Gewinn verdienen die Arbeiter auch tun. Es ist so einfach.

Arbeitnehmer förderfähig auch für zusätzliche Boni, wenn sie bestimmte Ziele für die Erzeugung Qualität erfüllen. Das Unternehmen stimmte auch den starten Lohn für Einsteiger Arbeitnehmer bis $19 pro Stunde, etwa 20 Prozent höher als die derzeitigen Niveau zu erhöhen.

Im Rahmen einer Umstrukturierung nach der Regierung 2009 Rettungspaket für GM, die Firma Konkurs, so dass sie einige seiner erdrückenden Schulden zu stornieren. Auch Schneiden Lohn-und Gehaltslisten und Schrägstrich Löhnen und Sozialleistungen, die Profitabilität wieder herstellen; im Jahr 2005 beschäftigte das Unternehmen 111.000 Arbeiter zu einem Preis von $16 Milliarden. Nach dem Verkleinern der Belegschaft auf weniger als 49.000 Arbeiter, kam die Arbeitskosten im Jahr 2010 auf rund 5 Mrd. $.

Ihrerseits betont Gewerkschaftsführer, dass der Vertrag Mitglieder für die schmerzhaften Opfer verpflichtet, GM wieder auf die Beine zu bekommen belohnt.

"Es ist, die Arbeitnehmer und die Qualität der Arbeit, was, die Sie tun, die zusammen mit der Opfer, die sie gemacht, die dazu beigetragen haben, diese Firma in die Gewinnzone zurückzukehren.  UAW Präsident Bob King sagte in einer Erklärung. "Nun, dass GM Gewinne wieder bekanntgibt, unsere Mitglieder in den Erfolg teilen während GM gewährleistet Profitabilität weiter"

Die Union stellt auch fest, dass der Vertrag das aktuelle Niveau der Nutzen für die Gesundheit und zusätzliche unbegrenzte Arztbesuche behält, für die Arbeitnehmer zu $25 Zahlen.

Das Unternehmen ist immer noch große Hürden, einschließlich einer Verlangsamung Wirtschaft, die in Autoverkäufe zu Essen ist. Wie viele ältere Unternehmen mit großen Pools der Rentner ringt GM auch ein unterfinanziert Pensionsplans, durch die nicht überarbeitet wurde, während die Umstrukturierung überwacht durch das Weiße Haus.

Um Kosten zu senken, bietet GM einen Bonus von $10.000 für die förderfähigen Arbeitnehmer, die in den nächsten zwei Jahren in Rente gehen. Rund 40 Prozent des Unternehmens stündlichen Arbeitskräfte kommt für den Ruhestand.

Obwohl wieder profitabel, ist die US-Autoindustrie erheblich kleiner, als es war, bevor die 2007-Rezession getroffen. Auto-Verkauf erreichte in den USA bei etwa 17 Millionen Fahrzeuge im Jahr 2000 und hielt ziemlich konstant bis zu 10,5 Millionen im Jahr 2009 fallen. Umsatz in der ersten Hälfte des Jahres verstärkt, aber die Erholung vom japanischen Erdbeben im März die kritische Versorgung von Teilen und Materialien abgebrochen wurde.

Analysten hatten den schätzen US-Umsatz von 13 Millionen Einheiten für 2012. Aber ein jüngsten Rückgang der Zuwachs an Arbeitsplätzen, fallen betrachten Vertrauen und die Gefahr einer frischen Rezession wird dieses Ziel schwer zu schlagen.

Die hat aufgefordert, U.S. Automobilhersteller für schnelleres Wachstum im Ausland zu suchen. China und Südamerika werden voraussichtlich mehr als die Hälfte des globalen leichtes Fahrzeug Umsatz bis 2015, erstellen Analysten bei Zacks Investment Research.

Letzte Woche, Vereinbarung GM eine mit SAIC Motor Corp zu entwickeln und zu bauen elektrische Fahrzeuge in China. Das Unternehmen erwartet zu beginnen, bis Ende des Jahres den Volt in China zu verkaufen. Das Auto hat eine Reichweite von etwa 50 Meilen auf eine einzelne Akkuladung und 300 auf die Gas-Motor angetrieben.

Nach ein öffentliches Angebot von Aktien nach GM vor dem Bankrott, entstanden enthält die US-Regierung noch eine halbe Milliarde GM-Aktien als Teil des Unternehmens 2009 Rettungspaket. Um seine 26 Milliarden Dollar Investitionen zu decken, müsste die Regierung über $53 pro Aktie für seine Bestände zu erhalten.Das Lager ist derzeit den Handel bei etwa $20 pro Aktie.



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Tuesday, September 27, 2011

Life Inc.: Celebrate Labor Day at the car dealer

AppId is over the quota
AppId is over the quota
AP

If the beach really isn’t your thing and you prefer to spend the last weekend of summer car shopping, Consumer Reports has put together an analysis of the best deals for car buyers in five major cities across the country, including Atlanta, Chicago, Dallas, New York and Los Angeles.

The end of summer marks the transition between the 2011 and 2012 model year for many automakers. Historically, that means you can find deep discounts on cars for the outgoing model year as manufacturers and dealerships make way for the brand new models rolling off production lines.

Consumer Reports says it’s seeing the trend happen again this summer, and buying a leftover 2011 model rather than a 2012 model can save you serious money upfront.

In Chicago, for example, you can save 20 percent off the manufacturer's suggested retail price (MSRP) for a 2011 Nissan Altima 2.5 HEV eCVT, according to Consumer Reports data (the offer expires on Sept. 30). And in Dallas you can find a 2012 Ford Mustang GT Premium Coupe with a 15 percent discount on its MSRP until Oct. 30.

For more information on the car discounts, click here.



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Peliculas Online

Friday, September 23, 2011

Life Inc.: Celebrate Labor Day at the car dealer

AppId is over the quota
AppId is over the quota
AP

If the beach really isn’t your thing and you prefer to spend the last weekend of summer car shopping, Consumer Reports has put together an analysis of the best deals for car buyers in five major cities across the country, including Atlanta, Chicago, Dallas, New York and Los Angeles.

The end of summer marks the transition between the 2011 and 2012 model year for many automakers. Historically, that means you can find deep discounts on cars for the outgoing model year as manufacturers and dealerships make way for the brand new models rolling off production lines.

Consumer Reports says it’s seeing the trend happen again this summer, and buying a leftover 2011 model rather than a 2012 model can save you serious money upfront.

In Chicago, for example, you can save 20 percent off the manufacturer's suggested retail price (MSRP) for a 2011 Nissan Altima 2.5 HEV eCVT, according to Consumer Reports data (the offer expires on Sept. 30). And in Dallas you can find a 2012 Ford Mustang GT Premium Coupe with a 15 percent discount on its MSRP until Oct. 30.

For more information on the car discounts, click here.



View the original article here



Peliculas Online

Wednesday, September 21, 2011

General Motors, UAW Agree On New Labor Contract

AppId is over the quota
AppId is over the quota
By AutoObserver Staff September 17, 2011

General Motors Corp. and the United Auto Workers union said late on Friday they have reached a tentative contract agreement that will cover GM’s 48,500 UAW workers for the next four years. The UAW bargainers now must present the contract to the union’s members for a ratification vote, which should happen in the next week to ten days – but details and terms of the new contract have yet to be made public. The UAW still is negotiating new contracts with Ford Motor Co. and the Chrysler Group LLC.

A UAW statement about the tentative contract with GM said its provisions protect “good American jobs” and that workers will share in GM’s success, alluding to the widely-held speculation that one of the contract’s provisions would be a new profit-sharing format. It also is expected to get GM’s guarantee of more jobs in the U.S., a matter vital to the UAW to stem the trend toward offshoring vehicle assembly to countries with lower labor costs. Cathy Clegg, GM's vice president of labor relations, said in a statement, “We worked hard for a contract that recognizes the realities of today's marketplace, enabling GM to continue to invest in U.S. manufacturing and provide good jobs to thousands of Americans.”

AutoObserver Staff:  The best in the business.

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