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Keyword: gm

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  • GM reaches deal with union to end strike

    10/25/2019 3:25:45 PM PDT · by yesthatjallen · 35 replies
    The Hill ^ | 10/25/19 | Tal Axelrod
    General Motors (GM) has reached a deal with employees to end the longest automotive strike in 50 years. GM employees with the United Auto Workers (UAW) union ratified the 2019 Collective Bargaining Agreement on Friday evening, UAW said in a statement. The contract includes an $11,000 per member signing bonus, performance bonuses, two 3 percent annual raises and two 4 percent lump sum payments while holding the line on health care costs. “General Motors members have spoken,” said Terry Dittes, UAW vice president and director of the UAW-GM Department. “We are all so incredibly proud of UAW-GM members who captured...
  • GM stops paying for health care coverage for striking UAW members

    09/23/2019 2:37:35 PM PDT · by matt04 · 55 replies
    General Motors is playing hardball with striking UAW members. The company is pulling the plug on the healthcare coverage effective Tuesday, Sept. 17. That means the tab will have to be picked up by the union for workers to continue coverage. The same fund that pays workers $250 a week strike pay, and there's a total $750 million in the fund. “How I look at it is, we’re here for the company, we were here for them during all the downturns," said Stephanie Carpenter, a 22-year employee of GM who was picketing in front of the company's headquarters Tuesday. "They...
  • Striking a Pose

    09/17/2019 4:23:11 AM PDT · by NOBO2012 · 13 replies
    MOTUS A.D. ^ | 9-17-19 | MOTUS
    Donald Trump’s economy is booming. So the UAW decided to call a nationwide strike against GM. They’re demanding the same things they’ve been demanding for as long as I can remember: higher wages, better pension, better job security, better healthcare (what’s wrong with Obamacare?!), and better profit sharing. The Dems will all be onboard, since they always side with the ‘little guy.’ In this case the little guys who build cars for a living - the same cars the Dems’ Green New Deal wants you not to buy, not to  drive and when elected they plan to outlaw, along with...
  • UAW to go on strike after negotiations with GM fall through

    09/15/2019 8:34:09 AM PDT · by springwater13 · 152 replies
    The UAW announced Sunday morning that it would strike "effective at midnight tonight" after contract negotiations fell through. During a press conference on Sunday, the union's vice president said it informed GM that its membership would follow through after the contract ended Saturday at 11:59 p.m.. "This is our last resort," said VP Terry Dittes. A spokesman said the strike impacts about 48,000 UAW workers at GM plants across the country.
  • Union Workers Vote to Authorize Strikes While Negotiating with GM

    09/04/2019 7:16:56 AM PDT · by ChicagoConservative27 · 17 replies
    Breitbart ^ | 09/03/2019 | John Binder
    Union auto workers voted, by a large majority, to authorize strikes while the United Auto Workers (UAW) union negotiates contracts with General Motors, Ford Motor Company, and Fiat Chrysler. UAW members voted about 96 percent to allow union workers to strike while UAW leaders negotiate contracts with GM, Ford, and Chrysler — a vote that merely authorizes strikes and does not indicate that strikes will be held. UAW President Gary Jones said in a statement:
  • The very first two Pontiac Firebirds ever built are for sale on Ebay

    05/12/2019 7:50:30 AM PDT · by ETL · 40 replies
    FoxNews.com/auto ^ | May 11, 2019 | Gary Gastelu | Fox News
    The first two production Pontiac Firebirds ever built are currently up for sale, but if you want them, you have to buy the pair, because the seller wouldn’t have it any other way. The 1967 coupe and convertible spent their early days as Pontiac show cars before being released for public sale and have reportedly been together ever since. They didn’t lead a pampered life, however, and by 2014 were in pretty rough shape and not in running condition. That’s when the folks at Gas Monkey Garage of “Fast and Loud” fame heard about them and bought the birds for...
  • Requiem for 4,000 Fox Jobs Lost -- Welcome to the New Hollywood

    03/28/2019 10:23:16 AM PDT · by Jyotishi · 87 replies
    The Wrap ^ | March 24, 2019 | Sharon Waxman
    To have fought your way into the dream machine, only to find that after years of quality work there is no job for you -- that is a harsh blow and a sign of our era How do you take the measure of 4,000 jobs lost in an industry with the size and scope of Hollywood? That's the number of pink slips being handed by Disney to Fox employees now that the merged mega-studio won't need them anymore. Four. Thousand. Jobs. It's undoubtedly the largest layoff from a single entertainment company in a generation -- maybe ever -- a fact...
  • GM confirms plans to build new EV, invest $300 million in Michigan plant

    03/22/2019 6:04:27 PM PDT · by Libloather · 30 replies
    Reuters via Yahoo ^ | 3/22/19 | David Shepardson
    (Reuters) - General Motors Co confirmed on Friday it will invest $300 million in a suburban Detroit assembly plant, adding 400 jobs to build a new Chevrolet electric vehicle. The largest U.S. automaker has come under heavy criticism from President Donald Trump in recent days over its decision to end production at its Lordstown, Ohio, assembly plant earlier this month. GM officials said the announcement was planned well before Trump's series of angry GM tweets that started on Saturday. Trump called GM CEO Mary Barra on Sunday to urge her to reverse the decision to end production at the Ohio...
  • GM Announces 400 Jobs, New Electric Car Days After Venomous Trump Tweets

    03/22/2019 12:25:37 PM PDT · by SeekAndFind · 30 replies
    TPM ^ | 03/22/2019 | By Mike Householder and Tom Krisher
    ORION TOWNSHIP, Mich. (AP) — Less than a week after a series of critical tweets from the president over an Ohio plant closure, General Motors is announcing plans to add 400 jobs and build a new electric vehicle at a factory north of Detroit. The company says it will spend $300 million at its plant in Orion Township, Michigan, to manufacture a Chevrolet vehicle based on the battery-powered Bolt. GM wouldn’t say when the new workers will start or when the new vehicle will go on sale, nor would it say if the workers will be new hires or come...
  • Trump calls GM's CEO Mary Barra in push to reopen Ohio auto plant

    03/18/2019 10:47:23 AM PDT · by Red Badger · 26 replies
    FOX News ^ | 03-18-2019 | Staff
    WASHINGTON – President Donald Trump stepped up his pressure on General Motors to reopen an Ohio manufacturing plant that recently closed and put 1,700 people out of work. Trump's arm-twisting came in a series of separate tweets on Saturday and Sunday . He capped his weekend rant against the GM with a tweetdisclosing that he had vented his frustrations during a conversation with the company's CEO, Mary Barra. "I am not happy that it is closed when everything else in our Country is BOOMING," Trump wrote. "I asked her to sell it or do something quickly. She blamed the UAW...
  • No one asks the top CEOs where they went to college (very good article)

    03/14/2019 9:24:15 PM PDT · by Beave Meister · 42 replies
    Chicago Business.com ^ | 3/14/2019 | JOE NOCERA
    The perception that only elite schools produce elite leaders needs to die. The No. 1 company in last year’s Fortune 500 was Walmart Inc., with $500 billion in revenue. That would make its chief executive, Douglas McMillon, a pretty important and powerful executive, don’t you think? Can you guess where he went to college? The University of Arkansas. He has an MBA, too. From the University of Tulsa. Second on the list was Exxon Mobil Corp. Its CEO, Darren Woods, went to Texas A&M. Third was Berkshire Hathaway Inc., run by the man many consider the greatest investor who ever...
  • GM Will Begin Massive Layoffs. Here's How Many Jobs Are Being Axed.

    02/02/2019 7:31:40 PM PST · by SeekAndFind · 43 replies
    Townhall ^ | 02/02/2019 | Beth Baumann
    General Motors plans to lay off 4,000 salaried works beginning Monday, CNN reported. This is part of the company's previously announced 15 percent workforce reduction that was announced back in November. Along with letting workers go, GM is also closing four manufacturing plants in the United States and another in Canada. The company made the decision as part of a strategic move to free up $6 billion annually. That money will then be used to invest in new technology, including electric and self-driving cars as well as a ride sharing service. By making these cuts, GM believes they can save...
  • Inside the Car Company That's Resurrecting the DeLorean

    01/20/2019 7:09:01 PM PST · by Zhang Fei · 40 replies
    Popular Mechanics ^ | Jan 18, 2019 | Matt Blitz
    The speedometer climbs as we race down a straightaway in Humble, Texas. As the needle edges to 60, 70, then 80 miles per hour, the 36-year-old automobile rattles and the wind whistles through the windows. Finally the DeLorean zooms up to 88 miles per hour and we feel, just for a moment, like we've gone back to the future. Then, a series of loud honks from the other side of the road, followed by animated waving, awaken us out of our speed spell. “We get that all the time," says DeLorean Motor Company CEO Stephen Wynne, sitting shotgun. “That doesn’t...
  • Lawsuit claims GM plant had nooses, 'whites only' signs and managers did not stop racism

    01/18/2019 3:41:46 PM PST · by lowbridge · 49 replies
    abc15.com ^ | January 17, 2019
    It took 14 months for the noose to show up. Fourteen months where Marcus Boyd says he endured racist comments, slights, even threats in a hostile workplace run by General Motors. A workplace where people declared bathrooms were for "whites only," where black supervisors were denounced as "boy" and ignored by their subordinates, where black employees were called "monkey," or told to "go back to Africa." A workplace where black employees were warned a white colleague's "daddy" was in the Ku Klux Klan. Where white workers wore shirts with Nazi symbols underneath their coveralls. In Ohio. In 2018. All those...
  • Pelosi and Warren obviously need a history lesson

    01/07/2019 7:48:57 AM PST · by george76 · 8 replies
    American Thinker ^ | January 7, 2019 | Jack Hellner
    Nancy Pelosi said it looks as if Trump just wants to abolish Congress and that a border wall is immoral. Elizabeth Warren says the Republican Party is corrupt and caters to the rich and powerful .... Here is just a small sample of what Pelosi, Warren, Obama, the Clintons, and other Democrats have done over the years where the media and other Democrats not only didn't care, but supported the moves wholeheartedly. Obama, the authoritarian, couldn't get DACA through Congress, so he dictatorially and unconstitutionally implemented it. Pelosi didn't care about Obama usurping congressional authority. ... The immoral and corrupt...
  • 'A kick in the stomach': massive GM layoffs leave workers distraught – and angry

    12/31/2018 9:47:38 AM PST · by where's_the_Outrage? · 58 replies
    The Guardian ^ | Dec 31, 2018 | Steven Greenhouse
    There’s a sign outside the General Motors assembly plant in Lordstown, Ohio, that reads: “GM, We Invested in You. Now It’s Your Turn to Invest in US.” Ever since the US’s largest car company’s immense assembly plant opened here 52 years ago, it has dominated this blue-collar town. Now GM workers here are furious that the automaker plans to idle – and perhaps permanently close – the plant. GM stunned its workforce on 26 November, the Monday after Thanksgiving, by announcing it would cut roughly 14,000 jobs and idle five factories in North America, including the Lordstown plant, which employs...
  • Kudlow: US to end subsidies for electric cars, renewables

    12/03/2018 12:57:48 PM PST · by yesthatjallen · 68 replies
    The Hill ^ | 12/03/18 | Megan Keller
    White House economic adviser Larry Kudlow said on Monday the Trump administration will end subsidies for electric cars and renewable energy sources, Reuters reports. Kudlow said he expected subsidies for electric cars would end by 2020 or 2021, according to the report. The remarks were made in response to a question about what the administration would do about General Motors' plans to layoff 15,000 people and shutter five plants across North America. The company's plans have sparked outrage in Washington from both parties. Trump last week floated cutting GM's subsidies for electric vehicles and raising auto tariffs to punish the...
  • hundreds of devastated GM workers gather in solemn PRAYER over the closure of their plant

    11/30/2018 12:46:27 PM PST · by ZeroToHero · 57 replies
    Daily Mail ^ | 11/30/18 | Emily Crane
    Hundreds of General Motors workers and their families have gathered in Ohio for an emotional prayer vigil over the closure of their plant and the loss of 15,000 jobs across the company. The solemn prayer vigil took place outside the General Motors plant in Lordstown on Thursday. It is among the five GM plants across North America that are set to close next year. Emotional co-workers hugged each other and wiped away tears as they prayed together.
  • The only winner of the GM bailout was Obama 2012: GM Should Have Been Allowed to go Bankrupt

    11/30/2018 6:44:38 AM PST · by SeekAndFind · 40 replies
    American Thinker ^ | 11/30/2018 | Silvio Canto Jr.
    Back in 2012, the Obama reelection team reminded us that they got Osama bin Laden an d saved GM.  It probably gave Obama Ohio at less than 200,000 votes out of 5 plus million cast.  It did not hurt in Michigan.  It certainly energized the unions to cast ballots for the man who "saved" their jobs. Yes, they got Osama bin Laden.  But they didn't really save GM or do the workers any favor on a long-term basis. Looking back, the GM bailout was a partisan band aid.  I like what Kevin D. Williamson wrote about this:      What did U.S....
  • Thousands moved out for a new GM factory; now it's closing

    11/30/2018 5:59:21 AM PST · by george76 · 80 replies
    Reuters ^ | November 26, 2018. | David Shepardson;
    General Motors Co on Monday pulled the plug on the Chevrolet Volt hybrid and the Detroit-Hamtramck Assembly plant that builds it, both examples of a costly gamble that is not paying off. GM’s widely touted factory of the future, forced on a town desperate for jobs and hailed decades later by former resident Barack Obama, is set to wind down over the next few years, leaving beleaguered Hamtramck wondering what happened. Detroit Mayor Mike Duggan said at a news conference Monday that he told GM chief executive Mary Barra Monday that “we moved thousands of people out of that neighborhood...