United Auto Workers members have overwhelmingly authorized a strike against General Motors, Ford Motor, and Stellantis during ongoing contract negotiations, with an average of 97% of members supporting the action, although the final votes are still being counted.
The United Auto Workers union has filed unfair labor practice charges against General Motors and Stellantis, accusing them of refusing to bargain in good faith, while Ford Motor offered a 9% wage increase, much lower than the union's demand for a 46% hike.
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.
Approximately 146,000 U.S. auto workers are poised to go on strike if General Motors, Ford, and Stellantis fail to meet their demands for substantial pay raises and restored benefits, potentially causing significant disruptions in auto production and impacting the U.S. economy.
A potential strike by the United Auto Workers union against Ford, GM, and Stellantis could cost the economy $5.6 billion and impact Biden's chances in the election, as it may drive up inflation and push Michigan into a recession.
The United Auto Workers and the "Big Three" U.S. automakers are negotiating a new labor contract, with the possibility of a strike looming and workers demanding a 20% raise and other benefits, which could potentially impact the Michigan economy and lead to costlier electric vehicles.
General Motors and Ford saw slight decreases in their stock prices while Stellantis experienced a small increase after the United Auto Workers initiated a strike, with approximately 12,700 workers walking out at key assembly plants.
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.
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 strike by autoworkers against the Big 3 U.S. automakers highlights the growing gap between CEO and worker pay, with the United Auto Workers demanding a 46% raise for workers over the next four years, exceeding the combined 40% increase in CEO compensation over the past four years.
Stellantis has offered a 19.5% wage increase and the conversion of salaried workers to hourly in their latest offer to the striking United Auto Workers, but the proposal has been criticized as "concessionary" by the union due to concerns over the electrification transition.
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.
The ongoing United Auto Workers strike against the Big Three automakers could result in gains for Tesla and foreign automakers as Ford, GM, and Stellantis face challenges in transitioning to electric vehicles and potentially raising prices, according to Wedbush analysts.
The United Auto Workers union is expanding its strike against major automakers by walking out of 38 General Motors and Stellantis plants in 20 states, citing demands for higher wages and shorter working hours.
US autoworkers are striking against General Motors, Ford, and Stellantis (formerly Chrysler) to fight for fair wages and benefits, as well as taking on the power of the billionaire class represented by Stellantis chairman John Elkann and his wealthy family dynasty.
The United Auto Workers' decision to strike midsize SUV plants at General Motors and Ford instead of targeting the plants that produce highly profitable pickups and large SUVs helped contain the damage to the auto parts suppliers, with Stellantis' last-minute intervention likely saving thousands of jobs in Michigan.
The ongoing strike by the United Auto Workers against Ford, General Motors, and Stellantis has cost the U.S. economy nearly $4 billion in total losses, with workers, automakers, dealers, customers, and suppliers experiencing significant financial impacts.
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.
Ford has made a new contract offer to the United Auto Workers union, which includes over 20% pay increases, job security, profit-sharing, and improved benefits such as five weeks of vacation per year.
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.
The president of the United Auto Workers urges union members to continue their strike against Detroit carmakers, highlighting the importance of the labor movement and the fight against corporate greed.
The United Auto Workers' negotiator expressed hope for a possible agreement with Stellantis this week as the unprecedented strike against all three Detroit automakers continues on its 24th day.
The United Auto Workers' strike at Ford's Kentucky Truck plant is increasing pressure on Stellantis and General Motors as contract negotiations continue, potentially signaling the endgame of coordinated walkouts at the Detroit Three.
Ford executives have stated that they cannot raise their offer to the United Auto Workers due to financial constraints, as the strike at the company's Louisville plant continues.
The United Auto Workers' month-long strike against Ford, General Motors, and Stellantis is causing significant financial losses for Ford, with the shutdown of its Kentucky plant alone estimated to cost $247 million each week, prompting concerns that the UAW may be seeking additional concessions from the company.
