More in Labor & Human Resources

  • Newswire

    Ford CEO Fields' 2014 Salary, Compensation Totals $18.6 Million  

    Fields' compensation is based in part on a Ford formula for meeting performance targets, of which 91% were met last year, compared with 112% in 2013....More
  • Newswire

    UAW Debating Plan to Fight Automakers' 2-Tier Wages  

    UAW leaders are calling for "bridging the gap" between the two wage levels paid to Detroit Three hourly workers, but some delegates to the union's bargaining convention want the pay gap eliminated....More
  • Newswire

    UPDATE 1-GM, Ford to ask UAW for new lower-pay tier in U.S. -Bloomberg  

    (Adds comment from GM) March 23 (Reuters) - U.S. automakers General Motors Co and Ford Motor Co are considering asking the United Auto Workers union to create a new tier of lower-paid union workers in their U.S. factories, Bloomberg reported citing people familiar with the matter. The UAW currently has a two-tier wage system, that includes top-paid $28-an-hour assembly workers and the lower-paid second tier, whose wages top out at $19.28....More
  • Newswire

    Toyota Latest Japanese Company to Raise Worker Pay  

    The automaker's monthly base-pay raise of ¥4,000 per worker is short of union demands for ¥6,000, but it exceeds last year's ¥2,700 boost and is its largest in more than a decade....More
  • Newswire

    Visteon CEO Leuliette Stepping Down  

    The 65-year-old Leuliette has overseen the supplier's restructuring into specializing in automotive electronics....More
  • Newswire

    Report Says Tesla Revamping Sales Leadership  

    Bloomberg reports the electric-vehicle maker will return Jerome Guillen, currently its vice president-global sales and service, to a customer-satisfaction position....More
  • Newswire

    Apple Wants Battery Maker's Lawsuit Quashed  

    Apple and five former A123 Systems engineers were sued in February by the battery maker, which accuses the technology titan of hiring engineers who could contribute to development of an electric car....More
  • Newswire

    Short of Sales Target, Tesla Cuts China Jobs  

    The U.S.-based electric-vehicle maker says the job cuts are part of a restructuring plan announced earlier this year, but does not comment on a newspaper report saying 180 of its 600 China positions have been eliminated....More
  • Newswire

    Ford Romania Plans About 500 Layoffs  

    The automaker says it has reached an agreement with unions representing workers at the Craiova plant to reduce the work schedule, allowing it to reduce this year's planned layoffs from 680 to about 500....More
  • Newswire

    VW Raises German Workers' Pay, Pensions  

    The contract expiring May 31, 2016 gives some 115,000 IG Metall union members at VW's six Western Germany factories a 3.4% pay raise and the automaker also will pay into a staff pension account....More
  • Newswire

    Toyota's New Executive Hires Reflect Diversity  

    Newly promoted executives include Julie Hamp and Christopher Reynolds, respectively the first woman and African-American to hold the title of managing officer....More
  • Newswire

    BMW Chief Sees Rough Road Ahead for Successor  

    Norbert Reithofer says at the Geneva Auto Show that current BMW production chief Harald Krueger will be challenged by continued development of electric cars and new technologies such as automated driving from companies with no car-building experience....More
  • Newswire

    VW CEO Tabs BMW, Daimler Executives As Potential Successors  

    Chief Executive Martin Winterkorn lists Daimler's Andreas Renschler and BMW's Herbert Diess among the executives who might succeed him, but adds there are internal candidates as well....More
  • Newswire

    Toyota, Union Talks Off to Rocky Start  

    The automaker on the first day of negotiations declared the union's demand for a pay raise of ¥13,300 per worker per month "impossible."...More
  • Newswire

    Germany's IG Metall Union OKs 3.4% Pay Raise  

    The pay raise approved by the metalworkers union, Germany's biggest, applies to workers in the country's southwest region, home to automaker Daimler and Tier 1 supplier Bosch....More
  • Feb 23, 2015
    blog

    Ito’s Departure a Long Time Coming

    During outgoing Honda President Ito's reign, the automaker made some major missteps, from the underwhelming '12 Civic, to the '10 Insight. He also failed to boost the volume and prestige of the Acura brand....More
  • Newswire

    UPDATE 3-Honda CEO to step down, replaced by low-profile engineer  

    * Over three decades, Hachigo has worked in US, UK, China * Hachigo appointed for his broad experience - CEO Ito * Ito pushed reforms to Honda's supply chain (Adds comments from news conference) By Chang-Ran Kim TOKYO, Feb 23 (Reuters) - Honda Motor Co on Monday named an experienced, yet little known, engineer as its new chief executive, who will take over in late-June with the Japanese automaker battling the fallout from a slew of recalls that have shaken its reputation for quality....More
  • Newswire

    West Coast Port Dispute Cuts Into Honda's U.S. Output  

    The Japanese automaker will trim about 5,000 units from production schedules at plants in Indiana and Canada because of the port dispute that has pinched supplies of parts....More
  • Newswire

    UPDATE 2-GM names LyondellBasell lawyer as chief counsel  

    (Adds background.) Feb 19 (Reuters) - General Motors Co on Thursday named Craig Glidden, chief legal officer at chemicals company LyondellBasell Industries NV, as general counsel, succeeding Michael Millikin, who is retiring in July. Glidden, 57, helped steer LyondellBasell out of bankruptcy and through restructuring. Like GM, the chemical, plastics and oil refining company went into bankruptcy in 2009. LyondellBasell emerged from bankruptcy in 2010....More
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