Local UAW Approves Concessions – WIFR


Local UAW Approves Concessions
WIFR, IL
We now know the results of a crucial UAW vote that could decide whether Chrysler avoids liquidation and the Belvidere plant stays in business. Local UAW workers have agreed to the deal. By a vote of 82 percent to 18 percent, members of Belvidere's


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Will Bondholders Reject GM’s Offer? (at Seeking Alpha)

Honda Motor Co. on Tuesday reported a 77% drop in its fiscal year income and revenue fell by 17%, hurt by weaker demand for automobiles and strength in the Japanese yen.
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Honda Motor’s fiscal year profit drops 77% (at MarketWatch)

Honda Motor Co. on Tuesday reported a 77% drop in its fiscal year income and revenue fell by 17%, hurt by weaker demand for automobiles and strength in the Japanese yen.
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UAW says labor board ‘made the right call’ with complaint against NTN-Bower

UAW President Ron Gettelfinger announced today that the union has reached an agreement with Ford Motor Co. on modifications to the Voluntary Employee Beneficiary Association (VEBA).
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Is GM Worth $125 Billion? (at Seeking Alpha)

Honda Motor Co. said Tuesday it booked losses during the January-March period, but fiscal year profits were well above its target and that of financial analysts.
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GM Exchange Shows Treasury’s True Colors (at Seeking Alpha)

Honda Motor Co. said Tuesday it booked losses during the January-March period, but fiscal year profits were well above its target and that of financial analysts.
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UAW gears up to join boards of carmakers – Financial Times


UAW gears up to join boards of carmakers
Financial Times, UK
By Bernard Simon in Toronto The United Auto Workers union is about to embark on one of the riskiest adventures in the 72 years since its founders won recognition from General Motors by turning a fire-hose on police during a strike in Flint, Michigan.


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Honda in red for 4Q, books profit for fiscal year (AP)

Honda Motor Co. said Tuesday it booked losses during the January-March period, but fiscal year profits were well above its target and that of financial analysts.
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UAW Reportedly to Get 55% Chrysler Stake (at TheStreet.com)

The United Auto Workers union will own 55 percent of a restructured Chrysler LLC and its retiree health care trust will get a seat on the board if union members vote to approve contract concessions this week.
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BRIEF-UAW local in Missouri votes 78 pct for Chrysler deal – Forbes


BRIEF-UAW local in Missouri votes 78 pct for Chrysler deal
Forbes, NY
(Reporting by Nick Carey) Neither the Subscriber nor Thomson Reuters warrants the completeness or accuracy of the Service or the suitability of the Service as a trading aid and neither accepts any liability for losses howsoever incurred.


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UAW to Get 55% Stake in Chrysler (at TheStreet.com)

The United Auto Workers union will own 55 percent of a restructured Chrysler LLC and its retiree health care trust will get a seat on the board if union members vote to approve contract concessions this week.
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Ford: Now Is the Time to Sell – Citigroup (at Seeking Alpha)

The United Auto Workers union will own 55 percent of a restructured Chrysler LLC and its retiree health care trust will get a seat on the board if union members vote to approve contract concessions this week.
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Chrysler UAW members in NE Ohio vote to approve contract changes … – Cleveland News – Fox 8


Chrysler UAW members in NE Ohio vote to approve contract changes
Cleveland News – Fox 8, Ohio
UAW Local 122 says the vote Wednesday at the Twinsburg plant near Cleveland was 88 percent in favor of the revised contract and 12 percent against it. The deal is a part of the tentative national agreement between the troubled automaker and the union.


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Honda annual net income tumbles 77.2% (at MarketWatch)

The United Auto Workers union will own 55 percent of a restructured Chrysler LLC and its retiree health care trust will get a seat on the board if union members vote to approve contract concessions this week.
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Union leaders recommend approval of Chrysler deal (AP)

The United Auto Workers union will own 55 percent of a restructured Chrysler LLC and its retiree health care trust will get a seat on the board if union members vote to approve contract concessions this week.
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