Skip to comments.Ford Learns The Price Of Solvency (UAW going back to business usual)
Posted on 11/09/2009 3:20:13 PM PST by TigerLikesRooster
Ford Learns The Price Of Solvency
Logan Robinson, 11.07.09, 12:00 PM EST
But what has the UAW learned?
In plant-by-plant voting over the last few weeks a large majority of the 41,000 United Auto Workers (UAW) workers employed by the Ford Motor Company voted to reject modifications to their collective bargaining agreement negotiated by their own national union.
The modifications were designed to bring the Ford-UAW agreement into parity with concessions the UAW gave to GM and Chrysler as part of their government-brokered bankruptcies. They included a wage freeze for entry-level workers until the 2015 contract, a commitment to binding arbitration with no strikes until 2015, and other concessions.
In return Ford promised to keep work in various UAW plants in the U.S., and to pay a $1,000-per-worker bonus. This rejection also ends for now the UAWs long-standing commitment to "pattern" bargaining, meaning that the Detroit 3 all get the same labor agreement. Not since Chrysler's near bankruptcy and federal loan guarantees in the late 1970s has this pattern been broken.
(Excerpt) Read more at forbes.com ...
How about right to work states getting a shot first?
Move South we know how to deal with scum down here.
“while the shareholders of GM and Chrysler were wiped out, and the GM bondholders got only a 10% equity stake in the new GM for the $27 billion they lent the old GM, there has been no reduction in the generous base pay, health care or pensions of active UAW workers.”
Ford is being torpedoed by the unions so they, too can become Govermint MotUrs.
Why should the UAW agree to anything Ford proposes? The UAW now owns GM and Chrysler so Ford is a competitor, better to bring it down and get equity than let it compete profitably.
Do what Boeing did and move production to SC or another hard core right to work state.
Boeing has unionized workers but I bet in SC they will not be unionized Boeing workers.
If not them move it to Mexico.
Oh - what the heck - In my area of Michigan - I passed by a small group of strikers - go figure - we have 20+% unemployment - and these idiots are on strike??????
The UAW will take over Ford just like they took over Chrysler and GM. At that point I will buy a Toyota, Honda or BMW.
I wonder if there are any antitrust laws that apply here?
Don Obamao’s goons are letting Ford know who the boss is.
I wonder if there are any antitrust laws that apply here? ... Your’e damned right there are. Made by Obummer when he handed 42% of the other companies ownership over to the thugs.
Fire all the uaw sobs. Give me a call I’ll cross the picket line and work and I’ll bet I am not alone.
I’ll join you.
Fire them all.
Very likely, but Congress has 0% chance of investigating. There’s also the possibility that in one of the myriad pork bills passed this year that an antitrust exemption was issued.
Hey the Saturn Plant is docile,”Ford a new way of doing Business”
Ford should just fight this battle now when there are plenty of workers willing to work in a non-union shop.
The fall of GM, Chrysler was a combination of incompetent management in concert with the UAW thugs. Now that Ford seems to have better management it is time to resist the cancer that is the UAW, otherwise the union will slowly kill Ford.
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