UAW, American Axle strike could be over thanks to $218 million GM pledge
05/19/2008, 10:34 AM
By Drew Johnson
The UAW’s strike at American Axle has slowed or idled at least 30 General Motors plants — including the automaker’s most profitable truck and SUV plants — but it looks as though the automaker’s offering of $218 million to fund American Axle’s buyout program might have been enough to end the three-month strike.
Earlier this month, the U.S.’ largest automaker pledged $200 million to the cause, but increased that figure to $218 million when negotiations stalled. “I know you heard $200 (million), but they came in with $18 million to fund (supplemental unemployment),” Adrian King, president of UAW Local 235, told Automotive News. “That came in at the last hour of UAW bargaining.”
The extra $18 million helped the UAW and American Axle to reach a tentative agreement, which should be voted on by Monday.
The UAW strike at American Axle has now lasted about 12 weeks and cost GM tens of thousands of sales. The strike has also forced GM to stop orders on certain full-size trucks and SUVs.
05/08, 5:04 PM
posted by:
mayer_ray_nagin
very generous of GM
05/08, 5:40 PM
posted by:
jumpoffit
*golf claps*
05/08, 6:04 PM
posted by:
johnnycanuck
Well, now that this is but a distant fart in the wind, who’s up next for a game of ‘let’s f*ck GM’.
05/08, 6:37 PM
posted by:
Ketzer
Wonderful! Every day the UAW is striking one of the big threes suppliers. Who can blame them, It is only fair that the assembly line worker that stares intently at a machine while it attaches a C-clip to a shaft makes $47.50 an hour, plus four coffee breaks, and a full benefit package.
05/08, 6:57 PM
posted by:
400horseSS
^That would be lower management, we make $26.68, you’re welcome.
05/08, 7:51 PM
posted by:
DeansterTJ
Sooner or later GM will dump every union and outsource everything. Day is coming soon.
05/08, 8:29 PM
posted by:
400horseSS
And I cant wait brotha, Bankruptcy is the ****.
05/08, 9:15 PM
posted by:
Commodore
That’s bull****
05/08, 9:16 PM
posted by:
cookie4me
Those fools at GM played right into the UAW’s hand. Surely they can take another $200 million in losses rather giving it to American Axle to give to a non-competitive contract. Short term pain is better than long term pain.
05/08, 10:31 PM
posted by:
bsimmons7
26.68 to stand there wow i need to work there
05/09, 7:22 AM
posted by:
DeansterTJ
^ Take a clue from HRR. You can make $50 an hour, tax-free, on your knees. Just you and someone’s dick.
05/09, 8:14 AM
posted by:
i64X
“^That would be lower management, we make $26.68, you’re welcome.”
You think your benefits are free?
05/09, 8:18 AM
posted by:
injunraiv
You are missing the bigger picture. Now the UAW has determined that if they strike at critical suppliers, the big 3 will open the checkbook.
05/09, 8:44 AM
posted by:
Fletch
Soon there will be no critical component made by UAW shops. Most of that work will be sourced in Mexico, China and India.
On the other hand, with the weak dollar, the transplants will start to source more components from the states. These will be non-union plants in southern Indiana, Ohio, Tennessee and the south east.
05/09, 8:48 AM
posted by:
HemiRoadRunner
Wow, dicksterTugJob is insulting me for no reason. Your mother was great last night by the way tugger. I thought they were going to cut back production anyway so the strike would have faded out? Or was that another strike?
05/09, 8:52 AM
posted by:
HemiRoadRunner
Oh yeah dicksterTugJob, Van Halen SUCKS! Or do you just get your rocks off watching David Lee Roth in his spandex do his little karate moves? You homo.
05/09, 3:34 PM
posted by:
oldraven
Fletch, don’t forget Canada. When the CAW has a deal to make, they get it done three months early. No strikes here. Now if it were in Cape Breton, they would probably never get a car built, for the daily strikes.
05/09, 5:01 PM
posted by:
DeansterTJ
Just you and the dick, HemiChoadLicker. Think about it – getting paid to do what you love! LOL!
05/09, 6:01 PM
posted by:
1c3d0g
F*cking greedy UAW pigs. No wonder U.S. automakers can’t make a decent profit with these leeches sucking them dry.
05/11, 11:26 AM
posted by:
400horseSS
Seriously i64X, nobody cares about total compensation just the hourly bring home $$$$.
05/19, 1:02 PM
posted by:
RaineMan
“The strike has also forced GM to stop orders on certain full-size trucks and SUVs.”
Funny… from what I’ve seen orders on big trucks and SUVs have just about dried up anyways. In the end I think this is going to be a good thing for GM. Imagine all those monster vehicles sitting on the lots at the end of the year b/c of $5/gal gas and no way to sell them. They probably have saved themselves a lot in the long run by just not producing them.
05/19, 3:12 PM
posted by:
400horseSS
RaineMan, my van plant lost a 10,000 unit Penske order, don’t tell me that sales have dried up.