Chrysler Pays $5 Billion to Complete UAW Buyout
11 Feb 2014, 08:51 UTC · By: Ciprian Florea / Chrysler Group LLC has completed the United Auto Workers (UAW) buyout by repaying a $5 billion note the VEBA trust received in 2009 as part of the company’s bailout. Chrysler raised the amo...
Ford Transfers Retiree Health Care Liabilities to VEBA
5 Jan 2010, 08:12 UTC · By: Daniel Patrascu / American manufacturer Ford announced yesterday it has completed the transfer of the UAW retiree health care liabilities to the UAW Retiree Medical Benefits Trust (VEBA), in a move considered by the ...