Word: frasers
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...union to lower car prices. Intensive negotiations began, faltered once and then resumed again in Detroit last week. Finally, after three straight days of bargaining, the talks broke down. Just 30 minutes before the mutually agreed-upon deadline of midnight Thursday, both sides admitted failure. Said U.A.W. President Douglas Fraser: "We tried hard, and I think the company tried hard, but we couldn't get the ingredients that are necessary to make a settlement." Added Alfred S. Warren Jr., GM's chief negotiator: "We are deeply disappointed...
...Motors said in early January that they would try to find new savings in labor costs. The goal is to pass them along to consumers in the form of reduced car prices to stimulate slumping sales (see chart). Last week after nine days of intensive talks, U.A.W. President Douglas Fraser announced solemnly: "I regret to inform you that we have been unable to reach a settlement...
Whether the bold move by GM and the U.A.W. will actually help car sales is still uncertain. Fraser said that sticker prices will have to be cut by more than $100 per car to be "significant." But he said he was "disturbed, dismayed and shocked" by GM's initial suggestion to reduce hourly costs by $5 an hour through cuts in cost of living adjustments and reduced medical benefits. The elimination of nine paid personal holidays for U.A.W. workers, though, is likely to be one of the first casualties...
...indefinite layoff. Moreover, the union's active membership has shrunk by 300,000 workers since 1979, to 1.2 million. Chrysler has been on the intensive-care list for more than two years, and union officials are now worried about the survival of American Motors. Admits U.A.W. President Douglas Fraser: "The industry and, consequently, the workers are in deep, deep trouble...
...limited wage increases, the U.A.W. is expected to demand more job security for its members. Automakers are replacing assembly-line workers with robots and threatening to move more production facilities overseas to reduce labor costs. The union will be trying to keep jobs for workers now employed. U.A.W. President Fraser has recently been advocating something like the Japanese system of lifetime employment...