SHARE THIS ARTICLE

If General Motors Co.

’s negotiations with the United Auto Workers are any indication, Detroit’s automakers may not have a prayer in their effort to rein in rising health-care costs.

As GM was nearing the expiration of its labor contract with the union last week, the carmaker sought to have hourly workers pay 15% of their health-care costs, according to people familiar with the talks. But by the time the company presented the UAW with a deadline offer, GM walked back the proposal and called for keeping contributions steady at about 4%, said the people, who asked not to be identified discussing private discussions.



Read Article


Healthcare And Job Security Become Central Points In Ongoing UAW/GM Negotiations

About the Author

Agent009

User Comments

valhallakey

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]