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DETROIT (Reuters) — Auto parts supplier American Axle & Manufacturing Holdings Inc. on Tuesday said contract talks with the UAW aimed at settling a three-month-old strike had stalled since Sunday.

The Detroit supplier, which relies on General Motors for about 80 percent of its sales, said negotiations were snagged on two issues: health-care benefits and supplemental unemployment benefits.

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American Axle said the UAW had asked for a signing bonus of $5,000 for each of its workers under a new contract and had asked for one-time buyouts of up to $140,000 for American Axle workers who agree to leave the supplier’s payroll.

WP-Gravatar Thomas Morrow a.k.a. Chainsdraging Teamster Carhauler Local 79 Allied Systems, Tampa, Florida. Owner and Creator of TheCarhauler Read more from this author

This entry was posted on Wednesday, May 14th, 2008 at 5:42 pm and is filed under Auto Manufactures, General Motors, Truck Manufacture, UAW. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.