Chrysler Ford
Chrysler Ford
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Uaw Needs to Give Chrysler Allowance – Gettelfinger
UAW President Ron Gettelfinger said on June 18 that the union must find a way to give Chrysler health care allowances that are similar to those it gave to Ford Motor Co. as well as to General Motors Corp. in 2005.
In an interview on “The Paul W. Smith Show” on WJR-AM in Detroit, Gettelfinger said that they have been talking to Chrysler quite frequently and that they need to find a way to be able to fix the problem on the said matter now wherein Chrysler, maker of quality Chrysler oxygen sensor is in a quirky condition.
Two years ago, the UAW gave health care allowances to Ford and GM that will save the companies’ billions of dollars. And because Chrysler was in its stronger financial condition at the time, the union refused to do the same for the group. The Chrysler Group, in 2005, made $1.8 billion. Unfortunately, due to the continuing steepness of gasoline prices, which rose to nearly $3 per gallon, buyer began avoiding its truck-based models. The company said that in 2006 it lost $618 million and $1.98 billion before interest and taxes during the first three months of this year.
In March, Gettelfinger said that the UAW had finished a review of Chrysler’s finances in order to determine if the allowances are warranted. On Monday, he acknowledged that the group has a problem that needs to be resolved.
Roger Kerson, UAW’s spokesman did not comment beyond the observations of Gettelfinger. Chrysler spokeswoman Michele Tinson also did not comment.
In advance of national contract talks with the Detroit Three that are set to formally start in July; both sides have been negotiating on the health care allowances. But as of now, there is still no health care agreement formulated.
Chrysler, Ford and GM have a total of more than $100 billion in long-term retiree health care costs, which analysts believe must be lessen.
Under the 2005 agreement with GM, hourly workers would contribute $1 for each hour in future pay increases to a new fund to be able to help pay for retirees’ health coverage. The amount of $370 is the maximum amount that single retirees would pay every year in deductibles and fees. Majority of the retirees and all active hourly workers would have higher co-payments for prescription drugs.
Meanwhile, under the 2005 agreement with Ford, retired workers would pay monthly contributions, yearly deductibles and co-payments for some medical services up to a maximum of $370 per year for individuals and $752 for a family. Neither deductibles nor monthly contributions were asked from the hourly workers, but they must contribute a portion of future wage increases to a trust for future health care expenditures. Moreover, the agreement also raises workers’ costs for prescription drugs as well as retirees’ emergency room visits.
Forecasters believed that any allowance from the UAW on health costs was unlikely to be granted to Chrysler when the group was turning a profit. But the situation has now changed.
DaimlerChrysler AG in Germany, Chrysler’s parent, made an announcement on May 14, 2007 pertaining to its selling of a controlling stake of its indisposed U.S. operations to private equity firm Cerberus Capital Management LP. And analysts have said that Cerberus will likely demand higher allowances from the union than Daimler would have.
The company’s losses also pushed Chrysler to announce a restructuring plan that includes acquisitions as well as early retirement offers so it can accommodate 13,000 hourly and salaried jobs in the U.S. and in Canada by 2009.
Although Cerberus already has executives inside Chrysler’s headquarters working with its leaders, the equity firm has said that it will leave the negotiations to Chrysler, which is being led by Chrysler Group President Tom LaSorda.
On the radio show, Gettelfinger said that he was pleased to say that the discussions he has had with Cerberus have been very professional. He added that the firm has a lot of confidence in Tom LaSorda’s capabilities and that they have confidence in the process that has been founded.
About the Author
Zeke Gervis has a degree in Human Resource Management. He is an F1 fanatic and is a collector of racing memorabilias. At present, he enjoys working at a consulting firm in Iowa.
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Metra Installation Kit for 1974 - 2004 Chrysler, Ford and Jeep Vehicles - Black $16.99 This dash kit allows for the installation of an aftermarket radio into the factory dash location of 1974 - 2004 Chrysler, Plymouth, Dodge, Jeep, Eagle, Ford, Lincoln and Mercury vehicles. |
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Chrysler Canada $125.85 Chrysler Canada Inc. is Chryslers Canadian division. Incorporated in 1925, the Chrysler Corporation of Canada gained complete control of a MaxwellChalmers plant in Windsor Ontario that had been used to manufacture some Chrysler models in the previous year. Initially called Chrysler Canada, Ltd, the name of the company changed to DaimlerChrysler Canada Inc following the merger of the two parent companies. In August 2007, the company was renamed Chrysler Canada Incorporated when Cerberus Capital Management purchased 80.1 of its parent company Chrysler LLC. Chrysler Canada has three manufacturing plants in operation in Canada, and built 535,878 cars and trucks in 2002. In 2007 the company sold 232,688 vehicles in the Canadian market. Currently in terms of sales, Chrysler Canada is number two in volume slightly edging out Ford Motor company not including their Premier Automotive Group holding just over 14 of the market Author: Miller, Frederic P./ Vandome, Agnes F./ McBrewster, John Binding Type: Paperback Number of Pages: 206 Publication Date: 2010/04/26 Language: English Dimensions: 5.98 x 9.01 x 0.47 inches |
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Metra Chrysler Radio Antenna Adapter Cable 40CR20 $25.39 Radio to Antenna Adapter Cable. For 2002up Chrysler Dodge Ford and Jeep vehicles with snaplock factory radio. Adapter to universal antenna. |
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Metra ADCR1 Chrysler Antenna Adapter 40CR10 $18.23 Antenna to Radio Adapter Cable. For 2002up Chrysler Dodge Ford and Jeep vehicles with snaplock factory antenna. Adapter to aftermarket radio. Authorized Internet Dealer. |
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OTC 4 Piece Ford Chrysler GM Fuel Line Disconnect Set. Each $24.64 Manufacturer: OTC. Each. Features Benefits: This set works on quick connect fuel lines on Ford, GM and Chrysler, and on the spring lock fuel line couplings on Ford's popular PFI system Works on 5/16 in., 3/8 in. and 1/2 in. fuel lines Customers also s |
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Chrysler New Yorker $82.85 The Chrysler New Yorker was a premium automobile built by the Chrysler Corporation from 1939 to 1996, serving for several years as the brands flagship model. A model named the New York Special first appeared in the 1930s. Until its discontinuation in 1996, the New Yorker had made its mark as the longest running American car nameplate. The New Yorker name helped define the Chrysler brand as a maker of upscale models priced and equipped above mainstream brands like Ford, Chevrolet, and Dodge/Plymouth, but below full luxury brands like Cadillac and Packard. During the New Yorkers tenure, it competed against models from Buick, Oldsmobile, Lincoln, and Mercury. Author: Miller, Frederic P./ Vandome, Agnes F./ McBrewster, John Binding Type: Paperback Number of Pages: 112 Publication Date: 2010/04/25 Language: English Dimensions: 9.02 x 5.98 x 0.27 inches |
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Metra Chrysler Vehicle Antenna Adapter Cable 40CR10 $25.39 Factory antenna with snaplock to aftermarket radio. Chrysler Dodge Ford GM 2006 and Jeep 2002+ vehicles. Dimensions: 11.5 x 2 x 0.5 . Type: Antenna. |
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OTC OTC7363 4 Piece Ford Chrysler GM Fuel Line Disconnect Set $40.3 This set works on quick connect fuel lines on Ford GM and Chrysler and on the spring lock fuel line couplings on Ford s popular PFI systems. They won t damage lines or connectors. The two large tools are springloaded and enclose the hose to help deflect spray on Ford fuel injection systems. Handles 5/16 3/8 and 1/2 sizes. Fuel line disconnect tool set includes 7337 and 7361 disconnect tool sets. Size: 5 oz. |
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Rubber Replacement Mast $9.49 Fits GM/Ford/Chrysler/Japanese cars |
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OTC 2 Piece Ford Chrysler GM Fuel Line Disconnect Set. Each $12.31 Manufacturer: OTC. Each. Features Benefits: These little fuel line disconnect tools are just right for working on quick connect fuel lines They fit 5/16 in. or 3/8 in. fuel lines on Chrysler, Ford or GM vehicles Includes one each of 5/16 in. gray and 3 |
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OTC OTC7361 2 Piece Ford Chrysler GM Fuel Line Disconnect Set $25.42 Features and Benefits: They fit 5/16 or 3/8 fuel lines on Chrysler Ford or GM vehicles Includes one each of 5/16 gray and 3/8 blueThese little fuel line disconnect tools are just right for working on quick connect fuel lines. |
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OTC OTC6898C 1.19in. Spark Plug Socket for Chrysler and Asian Vehicles $36.65 Specialty spark plug socket for GM Ford Chrysler and Asian vehicles with 13/16 size. Soft rubber boot for safely gripping spark plug. One piece design to produce less wobble which will damage spark. Knurled handle to prevent hand from sl |
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Ford Falcon (Americas) $103.56 The Ford Falcon was an automobile produced by Ford Motor Company from 1960 to 1970. It was manufactured in Argentina, Australia, Canada, Chile, Mexico and the USA. It was a huge sales success for Ford initially, handily outselling rival compacts from Chrysler and General Motors introduced at the same time. During its lifespan, the Falcon was offered in a wide range of body styles: twodoor and fourdoor sedans, two and four door station wagons, two door hardtops, convertibles, and a sedan delivery and the Ranchero pickup. For several years, the Falcon name was also used on passenger versions of the Ford Econoline van. Author: Miller, Frederic P./ Vandome, Agnes F./ McBrewster, John Binding Type: Paperback Number of Pages: 156 Publication Date: 2010/04/29 Language: English Dimensions: 5.98 x 9.01 x 0.36 inches |
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Ford Panther Platform $78.07 Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The Ford Panther platform is one of Ford Motor Companys fullsize, rearwheel drive sedan automobile platforms; the other is the E8 platform used for the Ford Falcon in Australia. It was introduced in 1978 for the 1979 model year and has been progressively updated ever since. As of the 2011 model year, the Panther platform has been used longer (32 model years) than any other platform in North American automotive history. It was initially developed as Fords response to the downsizing of fullsize cars from Chrysler and General Motors due to increasingly stringent fuel economy standards for cars. For a time, Chrysler left the fullsize car class completely. During trying periods for Ford, the Panther cars were scheduled for cancellation and replacement (in favor of the frontwheel drive D186 platform) on several occasions, as early as 1985. Author: Victorino, Terrence James Binding Type: Paperback Number of Pages: 100 Publication Date: 2011/08/29 Language: English Dimensions: 9.02 x 5.98 x 0.24 inches |


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