The United Auto Workers (UAW) union has taken a step closer to a potential strike, as 97 percent of its members voted to give their leaders permission to call a work stoppage at the Big Three automakers after contract negotiations if necessary, with demands for a 40 percent pay increase and other concessions making a strike likely.
Discussions are intensifying among autoworkers, union leaders, auto company executives, and investors ahead of a potential strike by the United Auto Workers (UAW) as negotiations for four-year contracts continue, with issues of fair compensation and benefits, as well as CEO pay, at stake.
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.
U.S. President Joe Biden expressed confidence that workers at the nation's three large automakers are unlikely to go on strike, despite a looming contract deadline later this month.
GM, Ford, and Tesla are expected to face rising labor costs, whether or not a strike occurs as the United Auto Workers' labor deal with the Detroit-Three automakers nears its expiration.
The United Auto Workers are in negotiations with the "Big Three" U.S. automakers over a new labor contract, with the possibility of a strike looming as talks have been rocky and counteroffers have been rejected.
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.
The United Auto Workers union is ready to go on strike at American automakers if a tentative deal is not reached by Thursday night, with the union demanding significant wage increases and the return of traditional pension plans and retiree healthcare for all members.
Many on Wall Street believe that potential strikes by United Auto Workers against Detroit automakers are manageable and may even present investment opportunities, with some estimating that the companies can handle work stoppages and expected labor cost increases.
The local auto workers' union at Ford's Sharonville transmission plant is preparing for a potential strike as the contract between the United Auto Workers union and the Big Three automakers expires, with picketing instructions issued and workers standing strong behind negotiators.
Negotiations between the United Auto Workers and automakers are nearing a critical point, but even if there is a strike, it is unlikely to cause a recession in the U.S. economy.
Time is running out to prevent a strike that could shut down America's unionized auto assembly plants and other manufacturing facilities as the United Auto Workers contracts are set to expire at 11:59 pm Thursday, potentially leading to targeted strikes against undisclosed facilities at General Motors, Ford, and Stellantis.
The United Auto Workers union is threatening to strike over stalled contract negotiations, with one of their demands being a four-day workweek, working 32 hours for 40 hours of pay, in an effort to improve work-life balance and address long working hours.
The labor contract between the United Auto Workers and the Detroit-Three automakers is set to expire, with Wall Street anticipating a strike.
The United Auto Workers' strike against car companies in Michigan is seen as a real-time test of President Biden's economic agenda and policy positions, including higher wages for the middle class, support for unions, and the push for an electric vehicle future.
The United Auto Workers union rally in downtown Detroit, disputing President Biden's comments that talks "broke down," and stating that 80% of their demands have been left off of the automakers' proposals.
The United Auto Workers and the Detroit Three carmakers may reach an agreement sooner if they focus on key job provisions, although the union will likely have to accept that a 32-hour workweek for 40 hours of pay is not feasible, according to industry insiders and observers.
Talks between the Detroit Three automakers and the United Auto Workers continue with workers on strike, as President Joe Biden sends a team to help resolve the strike.
The auto workers' strike continues with both sides showing no signs of compromise as the United Auto Workers demand better offers and the Big Three automakers stress the need for sustainability during the industry's transformation.
As the United Auto Workers (UAW) strike against the Detroit Three automakers continues, suppliers in the automotive industry are preparing for potential layoffs and disruptions in the supply chain, which could have significant economic consequences, including the possibility of tens of thousands of job layoffs and a potential crisis in the supply chain if the strike expands and lasts for several weeks.
The Detroit Three automakers and the UAW are racing against the clock to reach new labor agreements before the current strike expands, potentially disrupting production and impacting the US economy.
The United Auto Workers' strike against Big Three automakers may not have an immediate impact on car shoppers, but there is a risk of parts shortages and longer repair times, with potential price increases in the long run.
Summary: The United Auto Workers' strike against the Big Three automakers continues, with Ford reaching a deal with Canadian auto workers but no breakthroughs in negotiations with the UAW, as President Joe Biden prepares to visit the picket lines amid concerns over parts and supply shortages.
The United Auto Workers is considering further strikes against Ford, General Motors, and Stellantis as labor negotiations continue to stall.
Ford Motor's decision to pause construction of a battery facility in Michigan highlights the struggle faced by traditional auto makers amidst the ongoing auto workers strike.
Tensions rise between Detroit automakers and United Auto Workers as the union threatens to expand strikes amid stalled negotiations and accusations of delays and lack of urgency.
The United Auto Workers union is delaying negotiations with Ford Motor over future EV battery plants, potentially impacting the automotive industry's future and President Joe Biden's push for domestic manufacturing.
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 union announced progress in negotiations with Detroit's Big Three automakers and that the strike will not be expanding this week, citing a "major breakthrough" with General Motors placing their electric battery manufacturing under the national master agreement with the union.
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 continues as workers reject a tentative deal, while Canada's auto union, Unifor, faces difficulties in negotiations with GM.
The United Auto Workers' strike at Ford's Kentucky truck plant raises concerns about the spread of the economic effects of the work stoppage and the potential for more aggressive strikes against other automakers such as GM and Stellantis.
The United Auto Workers strike against Ford, General Motors, and Stellantis has reached its one-month mark, and the union's president warns that further walkouts could happen at any time as they enter a "new phase" of the strike.