The United Auto Workers (UAW) may employ a strategy similar to the 1998 strike if they decide to strike against the Detroit automakers next month, potentially causing serious damage to the industry by targeting key component plants or focusing on one automaker while striking at plants that produce its bestselling vehicles.
Ford Motor has made a contract offer to the United Auto Workers (UAW), which would provide hourly employees with increased wages, lump-sum bonuses, and improved benefits.
The United Auto Workers (UAW) union has made a labor contract counterproposal to Ford Motor, while Chrysler parent company Stellantis plans to make its counteroffer this week, as talks intensify ahead of the expiration of the current labor agreements.
Ford has put forth a better offer in contract negotiations with the UAW, focusing on improvements in wages, cost-of-living adjustments, and contract ratification bonuses, in an effort to avoid a labor strike before the September 14 deadline.
Negotiations between UAW and automakers fail to reach a deal, with the Big Three offering inadequate wage increases and rejecting key demands, potentially leading to a strike if no agreement is reached by the contract deadline.
The article discusses the impending UAW strike and the potential impact on Ford and GM stock.
The United Auto Workers (UAW) held a limited and targeted strike against General Motors, Ford, and Stellantis over issues including pay, pensions, and work hours, with demands for a 40% wage increase over four years and improvements to retiree benefits; the automakers have offered wage increases of around 14.5% to 20% over the same period, citing investments in electric vehicle production and the need to balance wage increases with costs associated with EV development.
The United Auto Workers (UAW) union is rejecting the 21% pay hike offered by Stellantis, the parent company of Chrysler, as autoworkers from Ford, General Motors, and Stellantis went on strike demanding fair wages and improved benefits.
GM and Stellantis are laying off workers as a deadline approaches for a deal with the United Auto Workers (UAW) to avoid a strike, with GM idling its plant in Kansas due to a shortage of stampings from the UAW-striking Wentzville plant and Stellantis passing a new counterproposal to the UAW.
The UAW's strike at the Detroit 3 automakers is shaping up to have a significant impact on the entire automotive industry, as it aims to regain influence and deliver hefty wage increases, putting pressure on Ford, GM, and Stellantis to make concessions; however, the labor movement's success remains uncertain in the face of looming challenges, such as the rise of Tesla and the need for Detroit automakers to balance labor costs with the transition to electric vehicles.
The Detroit Three automakers and the UAW are racing against the clock to reach new labor agreements before the current strike expands, potentially disrupting production and impacting the US economy.
The UAW is threatening to escalate its strike against Big Three automakers GM, Ford Motor, and Chrysler parent Stellantis, which could have significant implications for the labor confrontation.
The UAW strike targeting GM and Stellantis dealerships threatens parts delivery and could leave customers waiting indefinitely for repairs.
Legacy automaker Ford admits that there are still significant gaps in key economic issues in their talks with United Auto Workers (UAW) despite some progress, while the Canadian labor union Unifor votes in favor of Ford's new three-year contract which includes wage increases of up to 25%.
United Auto Workers (UAW) leaders met with Stellantis, the parent company of Chrysler, Dodge, Jeep, Ram, and Fiat, as negotiations continue during the 14th day of the strike against the Detroit Three automakers.
Negotiations between the United Auto Workers and Detroit Three automakers continue as the strike enters its 17th day, with Stellantis and Ford making progress but General Motors still far apart on key demands.
Around 4,000 United Auto Workers (UAW) members have reached a temporary agreement with Mack Trucks, owned by Volvo Group, to increase wages and maintain benefits, pending ratification by the UAW.
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 United Auto Workers (UAW) union is ready to add more workers to its picket lines at any time as negotiations with the Big Three automakers enter a new phase, marking a tactical shift in the strike strategy. The union aims to speed up progress in negotiations and put pressure on the automakers to meet their demands for higher wages and benefits.
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.
The United Auto Workers (UAW) strike against Ford, GM, and Stellantis enters its 38th day, with workers facing the challenges of cold weather and financial strain while hoping for progress in negotiations and support from the local community.
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.
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 Auto Workers (UAW) union have reached a tentative deal, which includes a record pay rise, to end a six-week strike targeting all three major car makers, pending approval from union leaders and members.
The United Auto Workers (UAW) reached a tentative contract agreement with Ford, securing an 11% pay increase and other gains on pensions and job security, potentially setting a precedent for deals with GM and Stellantis.
The United Auto Workers (UAW) and Ford have reached a tentative labor deal, including a wage gain of 25%, which will still need to be approved by local UAW leaders and Ford's union workers.
Ford and the United Auto Workers (UAW) have reached a tentative labor agreement, which includes significant wage increases and other benefits, potentially ending a 6-week long contract negotiation.
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.
General Motors (GM) and the United Auto Workers (UAW) engage in intensive bargaining to reach a labor contract deal and end a six-week-old strike, following Ford's negotiation with UAW to settle strikes.
General Motors and Stellantis are expected to offer the United Auto Workers (UAW) union a deal similar to the one recently reached with Ford, as the UAW threatens to expand strikes if the pattern is not followed.
