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Fiat 's quest to merge with Chrysler by buying the 41.5% of shares currently owned by UAW Retiree Medical Benefits Trust has taken an interesting turn. The UAW is pushing for an IPO to sell its ...
The UAW reached similar deals with the other members of the Big Three automakers, Ford Motor Company and Chrysler. The UAW agreed to a long-term contract, which protected automakers from annual strikes, and it gave up the right to bargain over some issues in exchange for extensive health, unemployment, and pension benefits; expanded vacation ...
The UAW negotiated employer-funded pensions at Chrysler, medical insurance at GM, and in 1955 supplementary unemployment benefits at Ford. Many smaller suppliers followed suit with benefits. [32] Reuther tried to negotiate lower automobile prices for the consumer with each contract, with limited success. [33]
In 1959, he was elected co-director of UAW Region 1A, and a member-at-large of the international UAW board of directors in 1962. Reuther soon thereafter appointed him director of the UAW's Chrysler, Skilled Trades, and Technical, Office and Professional Departments. He was elected a vice-president of the international union in 1970. [3] [4]
Bill Pugliano/Getty ImagesFiat Chrysler workers exit the Warren Truck Assembly Plant at the end of their shift Wednesday. By Bernie Woodall DETROIT -- Leaders of the United Auto Workers union ...
As creditors, the United Auto Workers Union, the managements of GM (GM) and Chrysler, and representatives of the Treasury go through round after round of negotiations, one thing is becoming clear.
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