Passage of Right-to-Work Bill in Michigan to Have Long-Term Effect on U.S. Automotive Sector
Posted on December 13, 2012 at 03:07 AM EST
SUGAR LAND--December 13, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--For the last several decades, the labor unions, especially the United Auto Workers (UAW) (Detroit, Michigan), have had the upper hand in the U.S. automotive sector . The Detroit Three-- General Motors Company (NYSE:GM) (Detroit, Michigan), Ford Motor Company (NYSE:F) (Dearborn, Michigan) and The Chrysler Group LLC (Auburn Hills, Michigan)--had to negotiate from a weakened position as the power of the unions was on the rise. Much of that changed in the Great Recession, when two of the three automakers were forced into bankruptcy proceedings. Now things are changing again as the state of Michigan, following in the footsteps of its sister state Indiana, has passed right-to-work legislation that will further weaken the influence of unions.
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