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UAW Reaches Agreement with Big Three

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by Mike Hall, Feb 17, 2009

The UAW has reached a tentative agreement with Chrysler, Ford and General Motors (GM) on changes to its 2007 contracts with the automakers. The agreement came hours before Chrysler and GM had to file restructuring plans as part of last year’s federal loan agreement. Discussions continue over the retiree health care plans at all three automakers.

Says UAW President Ron Gettelfinger:

The changes will help these companies face the extraordinarily difficult economic climate in which they operate. Discussions are continuing regarding the Voluntary Employee Beneficiary Associations (VEBAs) at all three companies.

The UAW is withholding the terms of the tentative understanding pending completion of the VEBA discussions and ratification of the agreements.

Our vice presidents and bargaining committees are to be commended for doing the best job possible for our membership under these difficult circumstances.  The solidarity, support and patience of our membership, active and retired, have been instrumental in helping all of us through these challenging and unprecedented times.

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2 Comments

  1. RTSpoons25 on 17.02.2009 at 22:59 (Reply)

    It is simply amazing, the autoworkers, who make considerably less than the Wall Street fat cats and the fallen Bank presidents must accept paycuts, givebacks, etc. but our government does not deem it necessary for those who have created our current economic crisis.

  2. JerryWells on 19.02.2009 at 02:27 (Reply)

    “The UAW is withholding the terms of the tentative understanding pending completion of the VEBA discussions and ratification of the agreements.” Perhaps the “withholding the terms” is a desire to withhold information (for as long as possible) that the auto workers are getting screwed again?

    Obama’s “restructuring” plan
    US automakers outline massive attack on jobs, wages
    By Jerry White
    19 February 2009

    “General Motors and Chrysler LLC submitted plans to the US Treasury Department Tuesday outlining their strategy to return to profitability through an unprecedented assault on the jobs, wages and working conditions of autoworkers.

    The companies, which were mandated to submit “viability” plans in exchange for $17.4 billion in federal loans, said the accelerating downturn in the US and world economy required more “aggressive” measures than initially thought. They also asked for another $21 billion in government financing to stave off bankruptcy.

    The Obama administration is seeking to use the near collapse of the two industrial icons as an opportunity to permanently restructure class relations in the US. The assault on autoworkers—long among the best paid industrial workers in the US—will be used as a precedent to roll back the conditions of the entire working class to levels of poverty and exploitation not seen since the 1930s. ,,,”

    [Link to full article below:]

    http://www.wsws.org/articles/2009/feb2009/auto-f19.shtml

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