For the first time since 1937, Ford has more hourly factory workers than the larger General Motors.
A very welcome check arrived for GM employees, and now they’re planning on how to use the large lump sums.
The costs will not cut into GM’s white-collar employee bonuses, either.
Canada “most expensive place to build a car,” said former CEO Dan Akerson in 2012.
They spent their whole professional lives there, but these former GM plant workers have found themselves to be the keepers of the plant’s history, creating a DVD that documents its history.
The 2011 UAW contract stipulates profit-sharing for its North American workers, but it likely will take a hit for 2014 after the recall costs are tallied.
90 percent of workers voted in favor of the strike authorization.
Profit sharing checks for GM employees are now 11 percent larger.
The payouts have not been made official.
The contract in question was enacted with the Old GM.