1. Home
  2. >
  3. Business đŸ’Œ
Posted

Ford CEO Farley Accuses UAW of 'Holding Company Hostage' in Ongoing Labor Dispute

  • Farley says UAW is "holding Ford hostage" over future battery plants that don't exist yet and have no workers hired.

  • Farley claims UAW rejected a compromise on pay and benefits over the battery plants. Says UAW is "scaring" workers over false job loss claims.

  • UAW President Fain responds saying Farley is "lying" and hasn't attended most bargaining sessions. Says Ford hasn't responded to a proposal.

  • Fain quotes Farley's past comment about 40% job losses in transition to EVs. Farley says UAW needs Ford, GM, Stellantis to have a future.

  • Farley says the length of the strike depends on compromise, calls the original strike "premeditated" and talks are taking "too long."

freep.com
Relevant topic timeline:
The United Auto Workers (UAW) union, led by President Shawn Fain, is preparing for a potential strike as contract negotiations with the Big Three Detroit automakers become more contentious, with the union requesting substantial pay raises, an end to wage tiers, restoration of pensions for new hires, cost-of-living increases, and other benefits.
UAW President Shawn Fain is encouraging UAW members and allies to organize grassroots actions to demand a strong contract from the Big Three automakers, providing materials and guidelines to support their actions.
The UAW has filed unfair labor practice charges against General Motors and Stellantis for refusing to bargain in good faith during contract negotiations, while Ford Motor Co. offered a contract that fell short of what the union deemed fair, resulting in a charge from the UAW as well.
The demands of the United Auto Workers (UAW) union, including higher pay, shorter work hours, and the restoration of pensions, could lead to a strike against General Motors, Stellantis, and Ford as the automakers refuse to meet these demands, potentially raising already-inflated vehicle prices.
Ford CEO Jim Farley provided an update on negotiations with UAW, offering pay increases, benefits enhancements, and expressing optimism for a deal while emphasizing the need to protect future investments and profitability.
The United Auto Workers (UAW) president, Shawn Fain, has rallied workers ahead of a possible strike against Detroit's "Big Three" carmakers, highlighting workers' loss while companies profit, which may test President Biden's support for unions as strikes could potentially damage the economy.
Ford CEO Jim Farley faced criticism from the UAW and accusations of driving the company toward bankruptcy after he claimed that factory workers' demands for a 40% total wage hike were excessive and unfair compared to other professions, leading to rolling strikes at General Motors, Ford, and Chrysler parent Stellantis.
Former President Donald Trump refuses to support the United Auto Workers (UAW) strike against the Big Three automakers, framing the workers' fight as a partisan issue and encouraging them to stop paying union dues, despite claiming to champion American manufacturing workers.
Top executives at Ford and General Motors criticize the United Auto Workers' leadership as the strike enters its 15th day and expands to new plants, with Ford accusing the union of "holding the deal hostage" over planned electric-vehicle battery plants and GM claiming the UAW has "no real intent to get to an agreement."
Ford CEO Jim Farley accuses the United Auto Workers union of holding up a new labor agreement in an attempt to secure equal wages for workers at battery plants, while also expressing concerns about the eligibility of batteries made at a planned Michigan plant using Chinese technology for tax credits.
The UAW strike against General Motors and Ford Motor Co. has led to layoffs at automotive parts supplier Sodecia Automotive Detroit, as well as at GM's Toledo Propulsion Systems, Lansing Regional Stamping, and Marion Metal Center facilities, and Ford's Livonia Transmission Plant, impacting a total of about 2,300 employees.
UAW's surprise strike at Ford's Kentucky Truck Plant could have significant consequences for the automaker and the industry as a whole, as it targets some of Ford's most profitable and expensive products, potentially forcing Ford to come to the negotiating table quicker.
Ford executive chairman, Bill Ford, has called on the United Auto Workers (UAW) union to end their 32-day strike and reach a new labor agreement, warning of the growing impact to the automaker and the U.S. economy.
UAW President Shawn Fain referred to employees of non-union automakers like Tesla and Toyota as "the UAW members of the future" in response to comments made by Ford Motor Company's Executive Chair, Bill Ford, about high labor costs triggered by UAW's demands.
United Auto Workers (UAW) President Shawn Fain is close to reaching a deal with all three unionized automakers, but further strikes at plants may be necessary to secure final concessions on wage increases, retirement benefits, job security measures, and including future battery plant workers in the contract.
As the United Auto Workers union strike continues, analysts and workers question if UAW leader Shawn Fain has a clear plan to bring the strikes to a close and if his high demands for pay and benefits risk disappointing union members.
The United Auto Workers (UAW) strike at Ford's Kentucky Truck Plant in Louisville played a pivotal role in pushing the company to reach a tentative agreement with the union after 41 days of negotiations, with the threat of a strike at Ford's Rouge Manufacturing Complex in Michigan looming if a deal was not reached. The agreement still needs to be ratified by UAW members, but Ford's CEO is pleased with the tentative deal and workers are returning to work to maintain pressure on General Motors and Stellantis.