Second Round Of GM Retirement Special Attrition Program Now Open: Video
With a $50,000 payout.
Read More »With a $50,000 payout.
Read More »But other key points remain unsettled.
Read More »The UAW says it has "made good progress regarding the issues of health care and a path for temporary employees becoming seniority members."
Read More »Vehicle production will end in Oshawa this December.
Read More »Just under 3,000 jobs will be lost as part of the GM Oshawa plant closure.
Read More »GM will lay off employees if there are not enough volunteers.
Read More »It was the only time in history that the union was represented on GM's Board of Directors.
Read More »The automaker will issue $3 billion worth of unsecured notes.
Read More »The agreement is official, and includes new investment and product for the Oshawa assembly.
Read More »The notes are of 20 and 30 years in length, maturing in 2036 and 2046.
Read More »GM Canada cut pension benefits following GM's 2009 financial crisis.
Read More »The amount of the severance packages was not disclosed.
Read More »GM Canada's pension fund for its retirees is $3.7 billion in the red zone.
Read More »The pension cuts stem from the bankruptcy.
Read More »Each increase of 1 percentage point in the interest rate cuts $8.76 billion from the present value of GM's U.S. pension obligation.
Read More »