Delphi, Visteon reach UAW deals for lower wages

Newswire

DETROIT, April 29 (Reuters) - The two largest U.S. automotive parts suppliers, Delphi Corp. and Visteon Corp. , reached agreements with the United Auto Workers union on Thursday, allowing them to pay lower wages and benefits for all future workers. The Detroit-area companies said the seven-year agreements, the most extensive so-called "two-tier" wage and benefit plans the UAW has ever agreed to, would help make them more competitive with nonunion auto part makers. In a departure from the ...

Premium Content (PAID Subscription Required)

"Delphi, Visteon reach UAW deals for lower wages" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×