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.
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.
Ford has made an offer to the United Auto Workers Union, but it is unlikely to be well-received.
High-stakes negotiations between the United Auto Workers and Detroit automakers could lead to a strike later this month, putting added pressure on already beaten-down shares of Ford Motor.
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 fast-tracked pay raises for nearly 8,000 workers represented by the United Auto Workers (UAW) union just before the contract expiration.
United Auto Workers President Shawn Fain stated that the Detroit Three automakers, including Stellantis, Ford, and General Motors, are making progress towards meeting the union's demands as the deadline for current contracts approaches. Stellantis offered a 14.5% wage increase, Ford proposed a cost-of-living wage adjustment, and GM suggested a 10% boost, but the offers still fall short of the UAW's requested 46% increase.
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.
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 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.
A strike from the UAW against GM, Ford, and Stellantis may lead to higher car prices and limited availability for certain models, impacting consumers and dealerships.
Ford Motor and Canadian union Unifor have reached a tentative deal, avoiding labor strikes, covering 5,600 autoworkers in Ontario, Canada.
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.
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.
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%.
Ford Motor is avoiding the worst of unions' wrath in heated 2023 labor negotiations compared to GM and Stellantis.
Ford, GM, and Stellantis face a new UAW deadline as negotiations between the United Auto Workers and auto makers intensify.
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 Motor makes a new offer to United Auto Workers to end strikes, while General Motors temporarily lays off more workers.
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.
General Motors has made a sixth offer to the UAW as negotiations continue amidst the ongoing strike, with details of the latest offer not provided but sources confirming movement by GM in key areas.
Ford Motor Co. has announced additional layoffs of 491 UAW workers in Michigan and Ohio due to strike-related reductions in production.
