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GM Korea Faces Critical Wage Negotiations Amid Rising Won, Labor Costs
With labor costs set to rise in South Korea, wage negotiations between management and employees inside GM Korea may be “the most critical negotiation” the subsidiary has ever faced. Bloomberg reports...
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Study: Mercedes Holds Highest Average Labor Costs Among US Manufacturers
Who among all automakers has the highest labor costs in the United States? A study points to Mercedes-Benz. According to Reuters, a study of 2014 labor costs by the Center for Automotive Research...
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Ford, GM Looking Into Tier 3 Wages For Lower-Skilled Workers
While the UAW wants to “bridge the gap” between Tier 1 and Tier 2 employees, Ford and General Motors want to have a Tier 3. Bloomberg reports the two automakers are considering the issue before its...
View ArticleThe Price of Peace: Fiat Chrysler Sees Biggest Jump in Labor Costs
Concessions made to the United Auto Workers by the Detroit Three during last fall’s bargaining talks will weigh on the automakers’ bottom lines, but none more so than Fiat Chrysler’s. Labor costs stand...
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