Source:
The StarUnion members ratify four-year Delphi deal
Auto Workers approve giveback auto-parts firm has said it must achieve to exit from bankruptcy
Jun 30, 2007 04:30 AM
Tom Krisher
Associated Press
DETROIT–United Auto Workers members have approved a contract agreement with auto-parts maker Delphi Corp. that slashes wages and allows some plant closings but preserves jobs for thousands of workers.
The ratification comes after two years of often contentious negotiations and averts a threatened strike that would have crippled Delphi's former parent, General Motors Corp.
Sixty-eight per cent of the workers who voted were in favour of the new four-year pact, while 32 per cent were against it, the UAW's leadership said in a statement yesterday.
About 17,000 workers at 17 Delphi plants across the U.S. were eligible to vote on the deal, which allows some plant closings and cuts wages from $27 (U.S.) per hour for longtime workers to a pay range for everyone from $14 to $18.50.
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