Sunday, June 10, 2007

RPT-U.S. automakers look to shift huge health-care burden

(Reuters) - CHICAGO, June 10 - U.S. automakers faced with
enormous retiree health benefits costs may well join other
large U.S. companies in shifting more of the long-term risks of
meeting those obligations to workers.




Among the biggest companies now dealing with the choking
costs of health-care benefits agreed to in more prosperous
times, General Motors Corp. , Ford Motor Co. and
Chrysler would not be alone if they shift responsibility for
maintaining those programs to workers and the unions that
represent them.


Read more at Reuters.com Bonds News

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