CBS Evening News - 1999-10-09
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Read a transcript preview of “CBS Evening News - 1999-10-09” from malgent, uploaded on 2026-01-04.
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Language: English (original, YouTube automatic captions)
[0:00] Grim look inside a burned out railroad
[0:02] car in London. And a battle of the
[0:05] sexes. It's woman versus man in a
[0:08] Seattle boxing ring.
[0:12] >> This is the CBS Evening News with Thalia
[0:17] Ashurus.
[0:18] [music] Good evening everyone. The big
[0:21] bonanza in car sales over the last year
[0:23] seems to have put auto workers in the
[0:25] driver's seat. The Ford company has
[0:27] reached a tentative agreement with the
[0:29] United Auto Workers Union. And as Drew
[0:31] Levenson reports, the deal gives
[0:32] employees raises and significant
[0:35] bonuses.
[0:37] >> A few sparks had to fly, but by the end
[0:40] of the day, Ford became the last of the
[0:42] big three to cut a deal with United Auto
[0:44] Workers.
[0:44] >> I think it's a good idea that they did.
[0:46] I mean, I don't want to be out off of
[0:48] work at all.
[0:49] The labor agreement came 13 hours after
[0:52] a midnight deadline. A lag that gave
[0:54] workers at some plants a chance to walk
[0:56] out, at least temporarily.
[0:58] >> Ford Motor Company can be pretty greedy
[1:00] when they want to be. They have around
[1:02] $16 billion in their account, and I feel
[1:05] like the workers deserve some of that
[1:07] money. They apparently got some. The
[1:10] pact reportedly mirrors those negotiated
[1:12] earlier with General Motors and Daimler
[1:14] Chrysler. Those deals are said to
[1:16] include annual raises of 3% and a
[1:19] signing bonus for hourly workers. But
[1:22] money may not have been the major
[1:24] hangup. The union wanted to derail
[1:26] Ford's plan to spin off its Viston parts
[1:28] division.
[1:28] >> It simply doesn't have the time, the
[1:30] management, or the money to both compete
[1:33] for auto auto customers and make the
[1:35] best parts in the