UPDATE 2-GM commits nearly $30 bln for health-care trust

Newswire

(Recasts, adds UAW comments, details, background and byline) By Kevin Krolicki DETROIT, Sept 28 (Reuters) - General Motors Corp. will shift responsibility for health-care liabilities for its retired union workers to a new trust fund in 2010 and put $24.1 billion into that fund by the start of next year, the United Auto Workers said on Friday. The UAW said the total GM commitment to the fund was now nearly $30 billion. That will take more than $50 billion of liability for retiree health ...

Premium Content (PAID Subscription Required)

"UPDATE 2-GM commits nearly $30 bln for health-care trust" 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
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Feb 12, 2016
Video
WardsAuto

Subaru 2.0L Turbo-4 Boxer -- 2016 Award Acceptance

Subaru accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×