United Auto Workers' Voluntary Employee Beneficiar ...       October 20, 2009
News: The new VEBA will not officially open for business until January 1, but the association--with more than $37 billion in assets--has a chief investment officer and is looking for managing directors to oversee equity, fixed income and risk man
www.workforce.com/archive/article/26/74/40.php - 82.5Kb

Ex-Ford Engineer Charged With Stealing Trade ...       October 16, 2009
News: A former Ford Motor Co. engineer has been charged with stealing trade secrets from the automaker after accepting a job in China in 2006.
www.workforce.com/archive/article/26/73/72.php - 78.4Kb

Source Says Ford-UAW Deal Would Cut Labor Costs ...       October 13, 2009
News: In return for the commitments to US factories and brining parts work back in-house, the UAW agreed to factory work rule changes and reductions of skilled-trades classifications to reduce Ford's labor costs.
www.workforce.com/archive/article/26/72/66.php - 78.8Kb

Executive Bonuses at Bankrupt Auto Parts Supplier ...       October 9, 2009
News: A plan to pay 12 board-elected officers up to $8.1 million if Visteon hit earnings targets or emerged from bankruptcy violated a law prohibiting insiders from receiving bonuses to keep them at bankrupt companies.
www.workforce.com/archive/article/26/72/29.php - 79.6Kb

Canadian Auto Workers Ratifies New 3-Year ...       September 21, 2009
News: Canadian Auto Workers members today ratified by a wide margin a new contract agreement with CAMI, the joint venture between General Motors Co. and Suzuki Motor Corp.
www.workforce.com/archive/article/26/68/66.php - 78.1Kb

Honda Adds Overtime at Two Plants After Uptick in ...       August 17, 2009
News: General Motors, Ford, Mazda and Toyota are among automakers joining Honda in boosting North American production as supplies of some models shrink.
www.workforce.com/archive/article/26/61/20.php - 79.8Kb

Visteon Seeks to Cut Retiree Health Benefits       August 17, 2009
News: At the same time, the company has been seeking approval to begin an incentive program that could pay $30.1 million in bonuses to top managers.
www.workforce.com/archive/article/26/61/18.php - 79.3Kb

Ford Cranks Up Overtime to Meet Cash for Clunkers ...       August 13, 2009
News: The automaker is increasing production of the Ford Focus after strong Cash for Clunkers sales put the compact in short supply.
www.workforce.com/archive/article/26/60/39.php - 76.5Kb

PBGC Takes Over Metaldyne Pension Plan       August 3, 2009
News: Assumption of the plan's unfunded liabilities will increase the PBGC's covered claims by $153 million, a sum that was not included in its fiscal year 2008 financial statements, the agency reported.
www.workforce.com/archive/article/26/58/45.php - 75.8Kb