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  • GM Details 'Significant' Savings in UAW Pact Monday, 15 Oct 2007 | 1:29 PM ET
    General Motors

    A new four-year contract between General Motors and the United Auto Workers will transfer an estimated $46.7 billion worth of retiree health care liability from the company to the union and will significantly reduce labor costs, the company said Monday.

  • Ford, UAW May Reach Deal Quickly, Analysts Say Thursday, 11 Oct 2007 | 4:55 PM ET

    Ford Motor, considered the weakest of the three U.S.-based automakers, could agree on a new contract with the United Auto Workers union fairly quickly and without the strikes that marked negotiations with General Motors and Chrysler, analysts said on Thursday.

  • UAW, Chrysler Reach Tentative Labor Deal Wednesday, 10 Oct 2007 | 6:11 PM ET

    The United Auto Workers union reached a tentative labor agreement with Chrysler that includes a health care trust, ending a strike against the automaker on the same day it began.

  • Chrysler Workers Walk Out After Talks Pass Deadline Wednesday, 10 Oct 2007 | 11:56 AM ET

    Chrysler autoworkers started to walk off the job after the automaker and the United Auto Workers union failed to settle on a tentative contract agreement before a union-imposed deadline.

  • All Aboard! Tuesday, 9 Oct 2007 | 3:40 PM ET
    Amtrack 571

    "So when I slip it into gear, is that when you start screaming?" It's a question I ask Jake the engineer with a smile on my face, just before I start this behemoth of American muscle rolling down the tracks. "Flip the lever sideways,'" he says. "Blow the horn."

  • UAW Sets Strike Deadline in Chrysler Labor Talks Tuesday, 9 Oct 2007 | 11:50 AM ET
    Chrysler

    Negotiators from Chrysler and the United Auto Workers were set to resume contract talks after the union set a deadline for wrapping up negotiations this week.  The struggling No. 3 U.S. automaker has been given a 72-hour strike notice by the UAW as they negotiate a new labor agreement.

  • Ford Sales in China Gain Nearly 30 Percent Tuesday, 9 Oct 2007 | 8:18 AM ET

    Ford Motor  said on Tuesday that its retail sales of vehicles in China rose 30 percent in the first three quarters from a year earlier to 149,455 units.

  • UAW Sets Wednesday Deadline with Chrysler Monday, 8 Oct 2007 | 12:18 PM ET

    The United Auto Workers union has set a Wednesday deadline for reaching a new labor agreement with Chrysler LLC and has threatened to strike the automaker if a deal is not reached by that time.

  • Warren Buffett's Berkshire Hathaway raises its Burlington Northern Santa Fe stake by exercising 7.8 million options to buy stock.

  • US Airways to Reduce Pittsburgh Service Wednesday, 3 Oct 2007 | 12:53 PM ET

    US Airways Group said on Wednesday it will cut flights from its unprofitable Pittsburgh hub, a move that will cut about 450 airlines jobs in the city.

  • Driverless Truck Lurches Out of Lab Wednesday, 3 Oct 2007 | 6:35 AM ET

    Sitting high in the cab of the hulking lime-green TerraMax truck, a driver can be excused for instinctively grabbing the steering wheel. There's no need. TerraMax is a self-driving vehicle, a prototype designed to navigate and obey traffic rules -- all while the people inside, if there are any, do anything but drive.

  • GM Sales Rise in September, While Ford, Toyota Fall Tuesday, 2 Oct 2007 | 3:28 PM ET

    General Motors said U.S. sales rose nearly 4% in September, boosted by incentives on its pickup trucks, while Ford Motor and Toyota Motor posted declines.

  • UAW Locals Begin Voting on UAW-GM Contract Tuesday, 2 Oct 2007 | 1:31 AM ET

    United Auto Workers members at a local headquartered near Detroit voted overwhelmingly on Monday to approve the union's tentative contract with General Motors in one of the first tests for the new labor pact.

  • GM May Close 2 More Plants Under Deal Monday, 1 Oct 2007 | 4:25 AM ET

    The tentative contract between General Motors and the United Auto Workers would allow GM to close a plant each in Michigan and Indiana and possibly shut down several other facilities, according to a detailed copy of the agreement.

  • Teamsters, UPS Agree New 5-Year Contract Monday, 1 Oct 2007 | 4:05 AM ET
    A United Parcel Service driver pushes a load of packages.

    The Teamsters union and United Parcel Service  on Sunday said they reached a tentative five-year agreement that will raise parcel workers' wages and increase the company's contributions to funds providing pensions and benefits.

  • September Auto Sales Expected to Decline Friday, 28 Sep 2007 | 4:20 PM ET
    2008 Honda Accord

    September auto sales are expected to be weak due to a credit crunch, high gas prices and the troubled housing market, reflecting an overall slowdown for the year but little effect from the brief strike against General Motors, industry analysts say.

  • GM Grants U.S. Job Security Guarantees to UAW Friday, 28 Sep 2007 | 3:16 PM ET

    The United Auto Workers won guarantees in its tentative contract agreement with General Motors that many new products would be built at U.S. plants to save jobs, union President Ron Gettelfinger said Friday.

  • Ship Stocks Ahoy Friday, 28 Sep 2007 | 11:10 AM ET

    With oil pushing through the $80 mark and not looking back, crude tanker stocks are getting a lot more attention. But it isn’t just oil being carted throughout the high seas. What about investing in companies that ship everything else?

  • GM Deal Seen Boosting Auto Industry, Economy Wednesday, 26 Sep 2007 | 1:45 PM ET
    Auto assembly line

    General Motors' quick settlement with its major union allows the softening U.S. economy to sidestep another blow and sets the stage for similar deals that could boost domestic automakers, analysts and investors said Wednesday.

  • Toyota May Not Achieve Rise in September U.S. Sales Wednesday, 26 Sep 2007 | 7:21 AM ET
    Toyota.

    A top executive at Toyota Motor said on Wednesday that achieving a rise in U.S. sales in September might be tough because of a spike in sales in the same month a year earlier.