06-22-2018 05:46:20 PM -0700
06-22-2018 09:10:32 AM -0700
06-21-2018 04:10:41 PM -0700
06-21-2018 08:27:13 AM -0700
06-20-2018 09:04:40 AM -0700
It looks like you've previously blocked notifications. If you'd like to receive them, please update your browser permissions.
Desktop Notifications are  | 
Get instant alerts on your desktop.
Turn on desktop notifications?
Remind me later.


Uh Oh

GM is one step closer to bankruptcy:

Delphi Corp.'s latest contract proposal offer, though better than two previous offers, still would have a "devastating impact" on the bankrupt auto supplier's workers and their families, and cannot be taken back to workers for a vote in its current form, a top UAW official said Tuesday.

But marking a break from its hard-line stance, the United Auto Workers signaled a willingness to continue discussions with Delphi -- provided that the supplier backs off a threat to begin voiding existing labor contracts by Friday without a deal on wage concessions.

If Delphi workers walk out (or if Delphi locks them out) then GM's factories will have to shutter for lack of parts.