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 members marched in Detroit demanding equal pay and better contracts from automakers as contract negotiations continue, with the possibility of a strike looming.
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.
Ford has made an offer to the United Auto Workers Union, but it is unlikely to be well-received.
The United Auto Workers union representing workers at the Big 3 U.S. automakers is demanding a four-day workweek at full-time pay, a 46% wage increase, and a share of company profits, threatening to strike if an agreement is not reached by September 14.
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.
Union workers across industries, including the United Auto Workers, are demanding substantial pay raises of around 50% over four to five years, citing years of stagnant wages and robust company profits, with some unions successfully securing significant wage increases that exceed the expected rate of inflation.
Ford Motor Co has announced that approximately 8,000 U.S. workers represented by the United Auto Workers union will receive an average additional pay of $4.33 per hour under the provisions of the current contract agreed in 2019.
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.
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) 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 UAW union has launched strikes at Ford, General Motors, and Stellantis plants after failing to reach a new labor agreement, resulting in temporary layoffs and potential impacts on the economy.
Autoworkers strike as United Autoworkers Union demands 36% pay increase over four years, affecting Michigan, Ohio, and Missouri; President Biden to speak on the matter later today.
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.
The threat of a full walkout by United Auto Workers (UAW) poses a potential economic impact of over $5 billion on auto giants Ford, General Motors, and Stellantis, with laid-off workers and higher car prices among the consequences.
The ongoing UAW talks involve a contention over wages, with the union seeking a 40% pay increase, while automakers offer about half that percentage; the top hourly production wage for UAW members is $32 an hour, while the average hourly wage rate for all production and non-supervisory autoworkers in the US is $27.99 per hour.
The United Auto Workers (UAW) is demanding that General Motors (GM) give more money to assembly-line workers instead of spending billions on stock buybacks, as the UAW believes that the Detroit Three automakers have been minting profits and should share more with their employees.
The presence of foreign automakers in the southern United States has been driven by the region's union opposition and the financial incentives offered, but a successful United Auto Workers (UAW) strike could lead to pay raises and make the UAW more attractive, causing concern for foreign automakers who have chosen the South as their manufacturing base.
Despite expanding its strike against GM and Stellantis, the United Auto Workers (UAW) union has decided not to expand the number of Ford workers on strike due to progress in negotiations with Ford.
Canadian autoworkers' union Unifor has struck a new three-year deal with Ford Motor Co. that includes significant wage increases and investments in electric vehicle production, benefiting over 5,600 Ford workers in Ontario, Canada.
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%.
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.
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.
Ford Motor reported a nearly 8% increase in U.S. auto sales for the third quarter, driven by strong demand for crossover SUVs and pickup trucks, despite concerns over supply disruptions caused by the ongoing strike by the United Auto Workers union.
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.
Approximately 400 Ford employees are being temporarily laid off due to the United Auto Workers' strike, bringing Ford's total layoffs to around 1,330, while General Motors estimates that the strike has cost them $200 million.
Ford Motor Co.'s sales rose 7.7% in the third quarter, driven by higher sales of hybrid vehicles and trucks, while the effects of the United Auto Workers strike have yet to significantly impact sales.
Ford Motor Co. has announced additional layoffs of 491 UAW workers in Michigan and Ohio due to strike-related reductions in production.