This past May, automotive modules and components manufacturer TRW was purchased by transmission manufacturer ZF for $12.4 billion. The deal creates ZF-TRW—the world’s third-largest auto supplier, with 130,000 employees and annual sales of more than $34.2 billion.
NEW ALBANY, AL—Citing issues such as wage caps and growing use of temporary workers, workers at Commercial Vehicle Group Inc.’s assembly plant here voted to join UAW. The facility makes seating for commercial vehicles.
DETROIT—Opposition toward the tentative four-year contract between the UAW and Fiat Chrysler Automobiles is mounting, as a majority of workers from at least two union locals voted against the deal.
RIDGEVILLE, SC—Volvo has broken ground on its first U.S. automotive assembly plant here. The $500 million facility will build the company’s new S-60 sedan, a car under development in Sweden.
DETROIT—Fiat Chrysler Automobiles and the UAW announced a tentative agreement Tuesday night that addresses the critical issues of a two-tier pay structure and health care costs.
DETROIT—UAW leaders want to shrink the gap between the pay and benefits of workers hired before and after 2007, but they are open to establishing another level of pay and benefits for supplier employees who work on site at various assembly plants, according to people familiar with the discussions.
DETROIT—UAW leaders at the Ford Division have set expectations high in a video to the membership that hammers home the point that they will not accept concessions in their next contract.
SAN ANTONIO—Faced with high demand for its pickups, Toyota will add a Saturday shift at its assembly plant here and here approximately 200 additional workers.