Posted on November 13th, 2011 • by Bill Cawthon
Both Detroit news papers are reporting some clarifications of Chrysler’s $22/hour wage proposal revealed last week by Bryce Hoffman of the Detroit News. Sergio Marchionne’s proposal was to bring Tier II employees up to $22.00 per hour over an eight-year period in exchange for a removal of the 25% cap on the lower-wage classification. Regular [...]
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Posted on October 28th, 2011 • by Bill Cawthon
Chrysler CEO Sergio Marchionne called in from Italy to be part of this morning’s Q3 Analyst Webcast. The following is a transcription of his opening comments: “It’s been a terrific quarter for Chrysler; I think the numbers speak for themselves. I’ll let Richard (Palmer, Chrysler CFO) take you through the details of the performance in [...]
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Posted on October 26th, 2011 • by Bill Cawthon
A majority of UAW members at Chrysler Group LLC have voted in favor of ratification of the tentative agreement between the UAW and Chrysler. The results of voting conducted over the past two weeks are as follows: Total Hourly Bargaining Unit (HBU), 54.75 percent voted for the agreement; including Skilled Trades 45.25 percent voted against [...]
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Posted on October 26th, 2011 • by Bill Cawthon
The voting’s over; the final results still are being tallied but the current indications are that the rank-and-file members of the United Auto Workers’ Chrysler Department have approved ratification of a new four-year contract with Chrysler Group. Official verification will come later today, but the tide had already turned in favor of the contract with [...]
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Posted on October 25th, 2011 • by Bill Cawthon
According to a report in the Toledo Blade, United Auto Workers Local 12 members at the Toledo Assembly Complex have voted 54% to 46% to approve the new four-year contract. This is the first time union members in Toledo have voted on a national contract with Chrysler since the Auburn Hills automaker acquired AMC and [...]
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Posted on October 25th, 2011 • by Bill Cawthon
The new four-year contract between Chrysler Group and the United Auto Workers appears to be on its way to ratification, but the margin is likely to be very close. Voting by union members ends today and results haven’t yet been posted for the Toledo Jeep Complex and the Warren Truck Plant. UAW Voting by Local [...]
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