Both sides dig in for bloody fight

Article Abstract:

General Motors' labor strike over local issues in Flint, OH, led by the United Auto Workers union has escalated into a showdown over control of GM's factories. A four-week strike by 9,200 employees at two Flint factories is costing GM an estimated $75 million every day equivalent to nearly $1 billion in lost profit to date. Another 163,000 workers at 26 assembly facilities and around 100 parts facilities have been affected because of the halt in nearly all GM production. UAW's strike at GM's metal stamping facility was quickly joined by another strike at its Delphi East parts complex in Indiana.

Comment:

Labor strike over local issues in Flint, OH, led by UAW escalates into a showdown over control of GM's factories

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Labor agreement leaves an unsettled feeling

Article Abstract:

General Motors Corp.'s (GM's) striking employees are set to ratify the labor agreement proposed by the company. The settlement, which hardly contributes to GM's aim of becoming globally competitive, does not guarantee jab security and is more aggressive in getting production out of workers at the Flint Metal Center in Michigan. GM, however, stated that it would create 300 new jobs at the Buick City engine and transmission factory in Flint, MI, and that it would not terminate 1,000 employees. Robin Pinkley, a labor specialist, stated that he believes no one would benefit from the agreement.

Comment:

Its striking employees are set to ratify the labor agreement proposed by the company

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U.S. autos lose market share

Article Abstract:

The Big Three car companies of Detroit sold only 59.8% of all new cars and trucks sold last month in the U.S., falling below a symbolically significant 60% and raising the issue that foreign brands could some day be dominant in the U.S. market. Detroit's share was off of the 63.6% of a year earlier.

Sales & consumption, Motor Vehicles and Equipment, Abstract, GM, Ford Motor Co., F, Chrysler Corp.

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