The United Auto Workers union expects a crucial round of restructuring talks with General Motors Corp “to intensify this coming week” ahead of an end-of-May deadline set by the Obama administration.
In an e-mail message sent to rank-and-file workers, the union also repeated its opposition to GM’s plans to close 16 U.S. manufacturing plants and cut about 21,000 jobs while also planning to increase vehicle imports from GM plants in lower-wage economies such as Mexico, South Korea and China. [...]
GM has been kept in operation since the start of the year with more than $15 billion in federal loans and would be majority owned by the U.S. government under the terms of the reorganization it has proposed to the Obama administration.
In other words, GM is being paid tax dollars to shift production to places with weak or non-existant labor movements. Change? Just in my pocket…
