The United Auto Workers on Thursday said that it’s not close to reaching a deal with Delphi and General Motors over financial help for hourly workers as Delphi restructures in bankruptcy court, The Associated Press (AP) reported.
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The UAW reportedly said unspecified media reports indicating the parties are close to an agreement are false and are a disservice to its members.
“There are many, many significant issues to be resolved. Overall, the situation has changed very little since our last meeting,” the union said in a statement cited by AP.
The UAW reportedly confirmed that it is holding a meeting next week for union leaders from Delphi facilities, but said the meeting is routine and intended to update members on “these complicated and difficult discussions”, AP added.
The news agency noted that Delphi has threatened to ask a bankruptcy court judge to cancel its labour contracts on 31 March if it hasn’t reached a deal to cut its labour costs. The UAW has said it will consider a strike if Delphi cancels those contracts, AP added.
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By GlobalDataThe Associated Press said Delphi was scheduled to be back in bankruptcy court in New York on Thursday.
