Crippled GM makes new offer as auto strike's impact spreads
Article Abstract:
General Motors has offered United Auto Workers union new proposal to end the two union strikes in the company. The strikes have paralyzed operations in GM and if deals were not made as soon as possible, the plants in Doraville, GA, and Hamtramck, MI, may be virtually shut down. The company's almost 51,000 workers at 13 assembly plants and dozens of parts parts have stalled work due to the lack of parts produced by the striking workers. Michael Robinet of CSM Forecasting said that the company is estimated to be losing 10,000 vehicles and say at a weekly cost of around $317 million in profits due to the strikes.
Comment:
Has offered United Auto Workers union new proposal to end the two union strikes in the company
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1998
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Nasser assembles management team at Ford
Article Abstract:
Ford Motor Co.'s Jacques Nasser, who will become CEO in January 1999, has named labor chief Peter Pestillo as vice chairman and company chief of staff, a newly created position. Pestillo is credited with developing and maintaining Ford's cordial relationship with the United Auto Workers. Nasser's executive team also includes Wayne Booker also as vice chairman tasked to oversee a smooth transition in the transfer of leadership from outgoing CEO Alex Trotman and Nasser. Chief Financial Officer John Devine will take charge of the Visteon parts group as well as Hertz and Ford Land, the company's real estate unit.
Comment:
Its Jacques Nasser, who will become CEO in Jan 1999, names labor chief Peter Pestillo as vice chairman & company chief of staff
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1998
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Comment about this article or add new information about this topic:
Goal of new GM labor chief: improve relations
Article Abstract:
General Motors (GM) is expected to appoint Gary Cowger, president of GM's European Opel division, as head of the North American labor relations. The car maker, which recently expereince a long and costly strike, said Cowger's main task will be to improve relations with the United Auto Workers (UAW). Cowger will replace Gerald Knechtel who was involved with negotiating with the UAW in the 1990s during which time GM has been troubled by over two dozen UAW strikes. Cowger's duties at European Opel will be taken over by Peter Hannenberger, head of the unit's international technical development.
Comment:
Is expected to appoint Gary Cowger, president of GM's European Opel division, as head of the North American labor relations
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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