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Temporary Workers at the Centre of Negotiations Between General Motors (NYSE:GM) and UAW

The United Auto Workers’ strike against General Motors (NYSE:GM) has entered its 10th day with several issues under consideration. But the parties are arguing most about on point, which is the use of temporary employees. Differences in compensation for Temporary workers The temporary workers are at the center of negotiation between the company and the […]

UAW Initiates Work Stoppage amid Breakdown of Negotiations with General Motors (NYSE:GM)

On Sunday night, the United Auto Workers union initiated a strike against General Motors (NYSE:GM). Approximately 46,000 workers at over 50 GM facilities downed their tools for the first time in 12 years. Notably, the work stoppage came into effect after UAW and GM failed to agree on a new labor deal. Putting profits ahead […]

Profits and Revenues swell For American Axle & & Manufacturing Holdings Inc. (NYSE:AX)

Boston, MA 02/10/2013 (wallstreetpr) – The net earnings of American Axle & Manufacturing Holdings Inc. (NYSE:AX) which designs and engineers driveline & driver train systems soared, the company revealed on Friday. The profits were boosted by stout tax benefits and rising vehicle production, the company said. The auto supplier earned as much as $319.9 million […]

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