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Ford CEO Accuses UAW of 'Holding EV Battery Plants Hostage' Amid Expanded Strikes

  • Ford CEO says UAW is 'holding the deal hostage' over EV battery plants

  • UAW expanding strikes to two more assembly plants, one each for Ford and GM

  • Ford CEO criticizes UAW's targeted strike strategy, says actions seem premeditated

  • EV battery plants crucial for industry's future, with implications for UAW, automakers, Biden domestic manufacturing push

  • Battery plants a 'wild card' issue, many announced plants are joint ventures that can't be in current talks

cnbc.com
Relevant topic timeline:
The United Auto Workers union is preparing for possible strikes at the nation’s three unionized automakers next month, as they seek to regain lost concessions and protect members during the transition to electric vehicles.
The United Auto Workers union and three Detroit automakers are facing a looming strike as contract negotiations stall, potentially impacting the U.S. economy and the companies' profits amid the shift to electric vehicles and demands for improved wages and benefits.
The Biden administration faces pressure to deliver on its promise of better wages and benefits for workers at electric vehicle facilities as negotiations between the United Auto Workers union and major US automakers continue, with the announcement of up to $12 billion in loans from the Department of Energy to retrofit existing manufacturing facilities for EV production and create high-paying union jobs.
The United Auto Workers union is set to meet with General Motors to hear the automaker's counter offer after accusing the company of dragging its feet in negotiations, with the union threatening a strike if a deal is not reached by the contract deadline.
The United Auto Workers are in negotiations with the "Big Three" U.S. automakers over a new labor contract, with the possibility of a strike looming as talks have been rocky and counteroffers have been rejected.
If a strike occurs among the United Auto Workers at Detroit's Big 3 automakers, Tesla could benefit by potentially pushing back production and delays for its rivals in the electric vehicle market.
The United Auto Workers union is ready to go on strike at American automakers if a tentative deal is not reached by Thursday night, with the union demanding significant wage increases and the return of traditional pension plans and retiree healthcare for all members.
In ongoing contract negotiations, the United Auto Workers union is adopting a new strategy of negotiating national labor contracts with all three automakers at once, rather than selecting one company as the lead negotiator, in an effort to put pressure on the companies and achieve more favorable agreements.
The local auto workers' union at Ford's Sharonville transmission plant is preparing for a potential strike as the contract between the United Auto Workers union and the Big Three automakers expires, with picketing instructions issued and workers standing strong behind negotiators.
The United Auto Workers and Detroit's Big Three automakers are on the verge of a work stoppage that could have significant implications for the industry, the economy, and President Joe Biden's political standing, as negotiations over contracts are set to expire at midnight Thursday.
The migration of automakers to the anti-union South and the shift to electric vehicles is threatening the United Auto Workers (UAW) union, as fewer plants in the South are unionized and EV jobs pay less than traditional auto jobs, raising concerns about lower compensation and the future of unions in the auto industry.
The United Automobile Workers' strike against Michigan automakers presents both advantages and risks for Tesla, as the electric vehicle maker can leverage the work stoppages to strengthen its lead in battery technology and software but also faces the U.A.W.'s determination to secure a victory for its members through union organizing efforts.
General Motors blames the United Auto Workers' strike for the layoffs and plant closures, while Vietnamese automaker VinFast plans to ship its first electric vehicles (EVs) to Europe, and the outcome of Unifor's union contract vote with Ford remains uncertain, according to The Morning Shift's daily roundup of automotive headlines.
Ford's unionized Canadian autoworkers have begun voting on a tentative agreement that delivers gains in pensions, wages, managing the electric vehicle transition, and new investments, which are areas of interest to UAW members on picket lines in the United States.
Summary: The United Auto Workers' strike against the Big Three automakers continues, with Ford reaching a deal with Canadian auto workers but no breakthroughs in negotiations with the UAW, as President Joe Biden prepares to visit the picket lines amid concerns over parts and supply shortages.
Ford has paused work on its $3.5 billion EV battery plant in Michigan due to concerns about operating the plant competitively during contract negotiations with the United Auto Workers Union.
Tensions rise between Detroit automakers and United Auto Workers as the union threatens to expand strikes amid stalled negotiations and accusations of delays and lack of urgency.
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.
Ford Motor Co. has made a comprehensive offer to the United Auto Workers in an effort to reach a tentative agreement on a new contract, which includes various benefits and wage increases, while the union is seeking greater job security and retirement benefits during the transition to electric vehicles.
Negotiators for the United Auto Workers (UAW) and Ford Motor have made progress on pay increases, but significant issues such as pay and union representation at future battery plants remain unresolved, as the ongoing strike against the Detroit Three automakers enters its 20th day.
The president of the United Auto Workers union did not announce a strike expansion or deal with carmakers in his latest social media address, but negotiations continue.
The United Auto Workers union has announced that Ford, General Motors, and Stellantis are likely to avoid an expansion of the ongoing strikes, as significant progress has been made in negotiations with GM regarding the future of auto jobs and the transition to electric vehicles.
General Motors has agreed to include battery manufacturing for electric vehicles in its main agreement with the United Auto Workers union, marking a significant victory for the union and addressing concerns about non-union labor and outsourcing.
The president of the United Auto Workers union announced progress in negotiations with Detroit's Big Three automakers and that the strike will not be expanding this week, citing a "major breakthrough" with General Motors placing their electric battery manufacturing under the national master agreement with the union.
Negotiations between the United Auto Workers and Detroit's Big Three automakers have made progress, with General Motors agreeing to include electric vehicle battery production in its national agreement with the union, though Ford and Stellantis have not yet made similar offers.
Automakers are facing a slowdown in demand for expensive battery-powered vehicles, leading to growing inventories and high discounts, raising questions about whether the industry pushed EVs too early.
Ford Motor Co. is close to reaching a tentative agreement with the United Auto Workers (UAW) on a 2023 union contract, with key issues being a wage increase and other benefits related to compensation and time off.
The United Automobile Workers union and Ford Motor have reached a tentative agreement on a new four-year labor contract, which includes a 25% pay increase, major gains on pensions and job security, and the right to strike over plant closures, potentially ending the wave of walkouts and setting a precedent for deals with other automakers.
A tentative agreement between Ford and the United Auto Workers (UAW) union could signal progress towards resolving the strike, with implications for the Biden administration and the future of the auto industry.
Ford and the United Automobile Workers union have reached a tentative agreement that offers the union members the best terms in decades, while the cost for Ford should remain manageable.
Ford is delaying $12 billion in EV factory construction, including a battery plant in Kentucky, due to customer resistance to the higher cost of electric vehicles, resulting in extended timelines for Ford's transformation into an EV company.