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 and Ultium Cells LLC have reached a tentative agreement on wages at the battery cell plant in northeast Ohio, which includes an immediate wage increase and back pay if ratified by the hourly workforce.
Workers at GM's Ultium plant in Warren, Ohio have reached an agreement to increase their pay by $3-4 an hour, representing a 25% increase, in a move described as a "first step" towards improving pay and working conditions for Ultium workers.
Members of United Auto Workers Local 2209, representing employees at GM Fort Wayne Assembly, voted overwhelmingly to authorize a strike if a new contract agreement is not reached by the September 14 deadline.
General Motors' joint-venture battery plant in Ohio will provide an immediate pay increase averaging 25% to its workers, along with back pay for hours worked since December.
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 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.
Businesses near auto plants in Michigan are planning to support United Auto Workers (UAW) members if they go on strike, which could have a ripple effect on the economy.
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.
General Motors has offered its largest four-year wage increase in decades to the United Auto Workers, with most workers receiving a 10% increase and newer employees eligible for up to a 56% increase, in an attempt to avoid a strike.
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.
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.
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.
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 (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.
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.
