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IG Metall Urges VW’s U.S. Workers to Join UAW
Germany's IG Metall union has encouraged hourly employees at Volkswagen AG's Chattanooga, Tenn., assembly plant to vote for representation by the United Auto Workers union, Reuters reports.
Ford to Pay $750 Million Severance in Belgium
Ford Motor Co. says it will pay each of the 4,000 hourly workers at its assembly plant in Genk, Belgium, an average of $187,500 in severance in connection with the facility's closing next year.
Ford to Pay €580 Million Severance in Belgium
Ford Motor Co. says it will pay each of the 4,000 hourly workers at its assembly plant in Genk, Belgium, an average of $187,500 (€145,000) in severance in connection with the facility's closing next year.
Protest Disrupts Production at Dacia's Romania Plant
Several hundred workers walked off the job on Wednesday at an assembly plant in Mioveni, Romania, operated by Renault SA's Dacia unit over a pay dispute.
Audi’s Powertrain Racing Prowess
It was Vorsprung durch Technik in spades this past weekend at the 12-hour Sebring race, as two LMP1 Audis—R18 e-tron quattros—battled back and forth, had 20 lead changes from one to the other, until they finished one-two, with a 7.69-second separation.
VW May Invite UAW to Organize Tennessee Plant
Volkswagen AG has held discussions with the United Auto Workers union about setting up a Germany-style works council at its assembly plant in Chattanooga, Tenn., which would entail unionizing the facility’s workforce.Human resources chief Horst Neumann tells reporters that VW may propose such a plant in April or May.
Ford CEO Mulally Takes 29% Pay Cut
Posted: March 18, 2013 at 1:10 amFord Motor Co. paid CEO Alan Mulally a total of $21 million for 2012, down from $29.5 million the previous year because the company failed to achieve several of its performance goals.Ford says it exceeded quality and cost targets last year but fell short in profit, cash flow and market share.Mulally’s salary was unchanged at $2 million.
VW May Invite UAW to Organize Tennessee Plant
Volkswagen AG has held discussions with the United Auto Workers union about setting up a Germany-style works council at its assembly plant in Chattanooga, Tenn., which would entail unionizing the facility's workforce.
Ford’s Belgium Workers to Vote on Severance
Workers at the assembly plant in Genk, Belgium, that Ford Motor Co. plans to shutter late next year are scheduled to decide on Friday whether to accept a proposed severance package.
India’s Amtek to Acquire German Machining Firm
Amtek Auto Ltd., a New Delhi-based maker of forged and cast components, has agreed to buy Neumayer Tekfor Group for an undisclosed price.