Analyst Says Raises For UAW Workers May Be On the Way

The Detroit Three could offer wage increases of $1 to $2 per hour for entry-level workers as part of its new labor contract, according to Barclays Capital analyst Brian Johnson.

Johnson estimates that a $2 increase in entry-level wages and a richer profit-sharing formula would cost General Motors about $250 million annually and Ford about $230 million annually.

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valhallakey - 9/10/2011 1:38:38 AM

+1 Boost

Will you buy from Germsn Unions?

pennfootball - 9/10/2011 3:41:53 PM

+2 Boost

You are right Germans car TANK in value because no used car buyers can afford the maintenance costs when the Warranty's are up!!! haha