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GM And UAW Close To Reaching Deal As Strike Enters Week Three

The UAW says it has "made good progress regarding the issues of health care and a path for temporary employees becoming seniority members."
By |October 6th, 2019|Article Type, Business, GM employment, Negotiations, News, Pay Package, Pension, UAW, Union|Comments Off on GM And UAW Close To Reaching Deal As Strike Enters Week Three|

Some Oshawa Assembly Workers Offered Up To $150k To Retire

Vehicle production will end in Oshawa this December.

Here’s What Retirement Eligible GM Oshawa Workers Will Get

Just under 3,000 jobs will be lost as part of the GM Oshawa plant closure.
By |February 19th, 2019|Article Type, Business, CAW, Compensation, Decisions, Downsizing, GM employment, Job Cuts, News, Oshawa Assembly - Oshawa - Ontario - Canada, Pension, Retirement, Termination, Union|Comments Off on Here’s What Retirement Eligible GM Oshawa Workers Will Get|

Here’s What Retirement Eligible GM Oshawa Workers Will Get

Just under 3,000 jobs will be lost as part of the GM Oshawa plant closure.
By |February 19th, 2019|Article Type, Business, CAW, Compensation, Decisions, Downsizing, GM employment, Job Cuts, News, Oshawa Assembly - Oshawa - Ontario - Canada, Pension, Retirement, Termination, Union|Comments Off on Here’s What Retirement Eligible GM Oshawa Workers Will Get|

New General Motors Buyouts Offered To Salaried Workers

GM will lay off employees if there are not enough volunteers.
By |October 31st, 2018|Article Type, Business, Financial, GM employment, Job Cuts, News, Pay Package, Pension|Comments Off on New General Motors Buyouts Offered To Salaried Workers|

New General Motors Buyouts Offered To Salaried Workers

GM will lay off employees if there are not enough volunteers.
By |October 31st, 2018|Article Type, Business, Financial, GM employment, Job Cuts, News, Pay Package, Pension|Comments Off on New General Motors Buyouts Offered To Salaried Workers|

UAW-VEBA Lose General Motors Board Seat

It was the only time in history that the union was represented on GM's Board of Directors.
By |October 13th, 2018|Article Type, Board of Directors, Business, Contract, GM employment, Legal, News, Pension, Stock, UAW, Union, VEBA Pension Fund|Comments Off on UAW-VEBA Lose General Motors Board Seat|

UAW-VEBA Lose General Motors Board Seat

It was the only time in history that the union was represented on GM's Board of Directors.
By |October 13th, 2018|Article Type, Board of Directors, Business, Contract, GM employment, Legal, News, Pension, Stock, UAW, Union, VEBA Pension Fund|Comments Off on UAW-VEBA Lose General Motors Board Seat|
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    GM To Pay For Opel-Vauxhall Pension Obligations By Taking On Debt

GM To Pay For Opel-Vauxhall Pension Obligations By Taking On Debt

The automaker will issue $3 billion worth of unsecured notes.
By |August 4th, 2017|Article Type, Business, Debt, Divestitutre, Europe, Exclusive, Financial, GMA Special, Market, News, North America, Notes, Pension, Sale, Transactions, USA|Comments Off on GM To Pay For Opel-Vauxhall Pension Obligations By Taking On Debt|
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    General Motors Canada Agrees To Pay $9 Million To Restore Pension Benefits

General Motors Canada Agrees To Pay $9 Million To Restore Pension Benefits

GM Canada cut pension benefits following GM's 2009 financial crisis.
By |August 1st, 2014|Business, Controversy, Financial, GM employment, News, Pension, Repayment|Comments Off on General Motors Canada Agrees To Pay $9 Million To Restore Pension Benefits|