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.
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.
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.
The United Auto Workers' potential strike could cost the U.S. economy $5 billion and disrupt production at certain UAW factories, particularly targeting Ford's popular F-150 pickup truck, potentially leading to higher prices and affecting the broader auto industry.
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.
Car dealerships are preparing for potential strikes by the United Auto Workers against Ford, General Motors, and Stellantis, which could lead to inventory shortages and higher prices for both new and used cars.
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.
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.
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.
United Auto Workers President Shawn Fain rejected a 21% pay increase from Stellantis as nearly 13,000 auto workers continued their third day of picketing outside three plants in Michigan, Missouri, and Ohio.
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 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.
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.
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.
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.
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.
Stellantis is urging its non-bargaining-unit employees, including those from diversity and inclusion groups, to volunteer and cross the United Auto Workers' picket line to work in parts distribution centers and help ensure that vehicle parts continue to reach dealerships amid the ongoing strike.
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.
Stellantis' supplemental employees, who have fewer benefits and earn lower pay than full-time workers, are rallying for full-time status and more job security during the ongoing UAW strike.
General Motors offers a 20% wage increase over the life of the agreement, improved retirement security, and other benefits to UAW autoworkers amid ongoing strike negotiations.
Stellantis announces additional layoffs of 570 workers, citing the ongoing UAW strike at its Toledo Assembly Complex and storage constraints.
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.
The president of the United Auto Workers (UAW) labor union leading the strike against major U.S. automakers earned a high salary of $347,389, placing him in the top 5% of earners in his home state of Indiana.
