SHARE THIS ARTICLE

General Motor Co. this week spent more than $200 million to pay a lump-sum inflation bonus of up to $700 to its 267,000 hourly retirees and 72,000 surviving spouses.

Ford Motor Co. expects to pay out more than $70 million next week for the same purpose.

Chrysler Group paid $35 million this month to UAW-represented retirees and surviving spouses and another $6 million to hourly retirees represented by other unions, said Chrysler spokeswoman Shawn Morgan.



2012 BMW 1-Series Photo Gallery

2011 Jeep Compass Photo Gallery

2012 BMW 1M Coupe Photo Gallery


2011 Ford Explorer Launch Photo Gallery

2011 Chrysler 300 Photo Gallery

AutoSpies.com Photo Galleries

If you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com

Share on Facebook





Read Article


General Motors Shells Out $200 Million For Cost Of Living Raises To UAW Retirees

About the Author

Agent009