
The head of the United Auto Workers union expressed hope that a bipartisan deal to help floundering auto makers can be reached Thursday, despite skepticism among some lawmakers that Senate leaders would agree to a pact.
UAW President Ron Gettelfinger revealed news of the proposed deal during a previously-arranged news conference in Detroit, sending shares of Ford Motor Co. and General Motors Corp. sharply higher.
The office of Sen. Carl Levin, D-Mich., said an agreement had been reached, with lawmakers due to brief reporters at 2:30 p.m. Eastern Thursday. …click here to read more
If you enjoyed this post, feel free to subscribes to our rss feeds










