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LS1Hawk · 08-28-2007, 01:19 PM

Ford (F) and General Motors (GM): New trouble for the UAW

Ford (NYSE: F) and General Motors (NYSE: GM) have started telling the UAW that they are willing to move much of their production outside the U.S. if they cannot get very large concessions on employee costs.

According to The Observer in the UK, if negotiations do not go well, "Ford and GM negotiators have said the companies will have no choice but to move their North American operations to countries in Latin America and Asia."

http://wmt.bloggingstocks.com/2007/0...e-for-the-uaw/

08-28-2007, 01:19 PM	#1
LS1Hawk Join Date: Apr 2005 Posts: 2,308 iTrader: (0)	GM & Ford to move overseas? Ford (F) and General Motors (GM): New trouble for the UAW Ford (NYSE: F) and General Motors (NYSE: GM) have started telling the UAW that they are willing to move much of their production outside the U.S. if they cannot get very large concessions on employee costs. According to The Observer in the UK, if negotiations do not go well, "Ford and GM negotiators have said the companies will have no choice but to move their North American operations to countries in Latin America and Asia." http://wmt.bloggingstocks.com/2007/0...e-for-the-uaw/ __________________ John