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.
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.
United Auto Workers President Shawn Fain is prepared to initiate strikes against General Motors, Ford Motor, and Stellantis if necessary, as the contract negotiations reach an expiration deadline, and charges of unfair labor practices have been filed against GM and Stellantis by the union, increasing the likelihood of a strike.
The United Auto Workers union and three Detroit automakers are facing a looming strike as contract negotiations stall, potentially impacting the U.S. economy and the companies' profits amid the shift to electric vehicles and demands for improved wages and benefits.
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.
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.
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.
Negotiations between the United Auto Workers and Detroit automakers Ford, General Motors, and Stellantis are reaching a critical point as the possibility of a simultaneous strike at all three companies looms.
The United Auto Workers union could potentially strike at Detroit's Big Three automakers if a deal isn't reached by the contract deadline, although progress is being made in the talks regarding wages.
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.
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 president of the United Auto Workers rejects a 21 percent pay increase offer from Stellantis, leading to a continued strike against major carmakers.
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 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.
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.
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%.
The United Auto Workers continue negotiations with the Detroit Three automakers on day 13 of the strike, as former President Donald Trump visits Michigan to speak at an auto supplier and show his support, while the union seeks greater support from President Biden for a transition to electric vehicles.
Ford, GM, and Stellantis face a new UAW deadline as negotiations between the United Auto Workers and auto makers intensify.
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.
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.
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.
