SHARE THIS ARTICLE

The United Auto Workers union expects to give no further concessions to U.S. automakers in contract talks next year and will seek to share in company profits in some way, President Bob King said on Wednesday.

King, elected to the union's top spot in June, also said Ford Motor Co has not been left at a labor cost disadvantage to rivals General Motors GM.UL and Chrysler that restructured in government-funded bankruptcies last year.

"Let me say this as clear as I can, I do not think there will be any concessions in 2011," King said at Reuters Global Autos Summit appearance in Detroit.




2010 LA Auto Show Photo Gallery

2011 Chrysler Group Photo Gallery

2010 LA Auto Show Preview Photo Gallery

2010 SEMA Auto Show Photo Gallery

SEMA Auto Show Preview Photo Gallery

AutoSpies.com Photo Galleries

If you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com

Share on Facebook




Read Article


WTF? UAW Chief Says The Public Ready To Give Autoworkers A Slice Of Juicy Profits

About the Author

Agent009