Nov 2, 2019

UAW president to take leave of absence during corruption probe

Gary Jones in July 2019 in Detroit. Photo: Bill Pugliano/Getty Images

United Auto Workers President Gary Jones will begin a leave of absence on Sunday in the midst of a federal corruption probe, CNBC reports.

The backdrop: Twelve people have been charged in the ongoing investigation as of this week, per CNBC. UAW and General Motors approved a four-year labor contract on Oct. 25, ending the first U.S. auto strike in 12 years. Five days later, the union reached a tentative agreement with Ford Motor Company, as well.

Go deeper: 40-day GM strike ends with new labor contract

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UAW president resigns amid corruption probe

United Auto Workers President Gary Jones. Photo: Bill Pugliano/Getty Images

United Auto Workers President Gary Jones has resigned, effective immediately, amid corruption charges, per his attorney, the AP reports.

Why it matters: UAW's executive board had already started taking steps to remove Jones under its bylaws, accusing him of “false, misleading and inaccurate expense records,” and indicating those charges could lead to his expulsion from the union. Jones has been implicated in an ongoing federal investigation into corruption at UAW, according to a CNBC report. He has not been charged by federal prosecutors, however federal agents raided his home in August.

Go deeperArrowNov 20, 2019

Auto workers union and Fiat Chrysler reach tentative deal

United Auto Workers on week six of a national strike against General Motors on Oct. 23 in Flint, Michigan. Photo: Bill Pugliano/Getty Images

The United Auto Workers reached a tentative four-year labor agreement with Fiat Chrysler on Saturday, CNBC reports.

The big picture: UAW reached tentative deals with Ford and General Motors in October after weeks of labor strikes, reducing GM's 2019 earnings by nearly $3 billion. The auto workers' deal at Ford came quickly, without any labor disruption.

Go deeperArrowNov 30, 2019

UAW votes in favor of new contract with Ford

United Auto Workers union members picket at the General Motors Tech Center on Oct. 25 in Warren, Mich. Photo: Bill Pugliano/Getty Images

The United Auto Workers Union said its members voted to approve a four-year contract with Ford, Reuters reports, after reaching a tentative deal in October.

Why it matters: With 56.3% of Ford’s hourly workers voting in favor of the deal, Ford will avoid a strike like the six-week work stoppage that cost General Motors nearly $3 billion earlier this fall, per Reuters.

Go deeperArrowNov 16, 2019