Automakers Worried About UAW Financial Health - Are You Ready For Another Bailout?

The United Auto Workers' membership and dues are down sharply from just six years ago. In another sign of weakness, the union suffered a stunning defeat this month when it tried to organize a Tennessee factory run by labor-friendly Volkswagen.

The rejection, by a close vote, was a major setback in the union's effort to expand in the South, where non-union, foreign companies such as VW, Nissan and Hyundai are rapidly growing.

But instead of relief, Detroit's three automakers — Ford, Chrysler and General Motors — are increasingly anxious about the 78-year old union's future.

randy3023 - 2/28/2014 3:36:04 PM

+1 Boost

Putting the words "UAW" and "Bailout" in the same sentence? That's like triggering a fission bomb.

Anyway, the UAW was already bailed out via GM in '08. They need MORE money now? These people are pitiful.

MattDarringer - 3/1/2014 3:33:11 PM

+1 Boost

The automakers should be praying that the UAW implodes rather than worrying about them. The sooner the UAW is burned in fire the sooner productivity will return to the American automotive industry that the UAW seeks to kill.