The move would be a first for the US automaker.
President Bob King says the union is stepping back because the challenge could take years to come to a conclusion.
UAW, state government at odds amid mistrust over labour drive at plant.
Report says offer contingent on labour talks ending to state’s ‘satisfaction’.
The 6-square-mile “mega site” ideally is suited for a new auto assembly plant.
The multiyear effort to organize Volkswagen’s only US plant was defeated in a tight 712-626 vote.
Sen. Corker stands by claim the German automaker will expand plant is UAW loses vote.
If UAW succeeds, the Chattanooga plant would become the first among foreign automakers in the South to unionize.
A concerted war on labour threatens to weaken the bargaining power of American unions, US vice-president tell auto conference.
Williams was an integral part of bargaining with the Detroit automakers in 2011.
GM will also use $1.2 billion from the new bonds to pay off 7% notes, retiring debt held by a trust controlled by Unifor.
The shares are owned by a UAW-run trust that pays health care costs for 130,000 blue-collar Chrysler retirees.
Republican senator worries the German carmaker will become a laughingstock over works council.
Letter centres on an ‘innovative model’ of employee representation for all employees.
UAW president Bob King has said that organizing plants of foreign-based automakers is crucial to the union’s survival.