Likely new UAW president says workers should share in gains if auto industry rebounds
By APWednesday, May 12, 2010
Union leader: Workers must gain if autos recover
DETROIT — The man expected to become the next president of the United Auto Workers says workers should share in the profits if the auto industry recovers. But he also wants to make sure Detroit automakers stay competitive.
UAW Vice President Bob King says that workers each gave up $7,000 to $30,000 per year in concessions to General Motors Co., Ford Motor Co. and Chrysler Group LLC.
He says that if U.S. auto sales return to levels from before the recession, all three automakers will be profitable and workers should share in the gains.
King says union leaders face a challenge of keeping the companies competitive globally while helping workers share in profits.
He was nominated in December by UAW leaders to replace President Ron Gettelfinger, who is retiring in June.
