What’s Wrong With This Picture?
GM and Delphi have reached agreements with the UAW to offer buyouts to factory workers at both companies. Up to 13,000 Delphi employees and 100,000 GM employees could be involved.
Delphi, a GM spin-off filed for bankruptcy in October citing the high burden of GM negotiated labor agreements.
UAW workers receive an average of $75 per hour in wages and benefits. (That’s around $156,000 per year with no overtime).
Ever wonder why your car costs so much?
