GM-UAW Proposal: $2.5B Investment, 6,400 Jobs, Bonuses

Filed under: Labor,News,Unions |

From The Detroit News: General Motors Co. will invest $2.5 billion and save or add about 6,400 jobs in the U.S. under the proposed four-year contract covering its United Auto Workers employees.

If ratified, the 48,500 UAW members who work for GM will be guaranteed $12,500 in assorted bonuses over the next four years, UAW President Bob King said Tuesday, 20 Sept. 2011, in a media briefing at the GM-UAW Center for Human Resources Center in Detroit.

From Automotive News: The investments include two new mid-sized vehicles to be built at GM’s Spring Hill, Tenn., assembly plant, which will be reopened.

Additional product plans include a new transmission program at GM’s Warren, Mich., powertrain plant; a new engine program at a Romulus, Mich., powertrain plant; a new casting operation at a plant in Saginaw, Mich.; and an additional production shift at GM’s Wentzville, Mo., assembly plant — where GM is expected to build a new compact pickup for Chevrolet and GMC.

According to the UAW, the investments in Spring Hill, Warren, Romulus, and Saginaw originally were slated for GM’s Mexico operations.

GM also plans to assemble a compact vehicle at a yet-to-be determined plant, the union said.

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The UAW’s Press release: UAW and General Motors tentative agreement: Good American jobs at a good American company

GM Hourly Contract Summary

During the past 10 years the United Auto Workers union has lost more than 321,000 members as the American auto industry crashed an burned along with the economy.UAW MEMBERSHIP
Year  Membership
2010 – 376,612
2009 – 355,191
2008 – 431,037
2007 – 464,910
2006 – 538,448
2005 – 557,099
2004-  654,657
2003 – 638,722
2002 – 638,722
2001 – 701,818
2000- 671,853

 

 

 

 

 

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