DETROIT | General Motors Corp. will give the United Auto Workers union up to 20 percent of its common stock, $6.5 billion of preferred shares and a $2.5 billion note to fund a trust that will take ...
DETROIT — The United Auto Workers trust that pays for retired auto workers' health care will conduct a secondary public offering of all of its General Motors Co. stock warrants on Tuesday. GM ...
In 2009, when GM and Chrysler nearly collapsed, the companies were allowed to use stock rather than cash to pay into UAW trust funds that cover health care costs for about 800,000 retirees. With ...
DETROIT -- The United Auto Workers' mission used to be simple -- fight Detroit's automakers for better pay and job security. But things got more complex when the government bailed out General Motors ...
The recently released U.S. Department of Labor financial report (LM-2) for the United Auto Workers shows that net assets and salaries for the union bureaucracy rose yet again in 2025—even as layoffs ...