I have written or edited about the auto industry on and off (mostly on) since 1985, first at The Indianapolis Star then, for more than a dozen years, at Bloomberg News in Detroit, followed by almost nine years at SME Media.
The United Auto Workers union said Friday it has made progress in labor talks with General Motors Co. and Stellantis.
The UAW on Friday did not expand the strike against all three automakers. The union is striking some, but not all operations at the three companies. The UAW is seeking pay raises, cost-of-living adjustments, and an end to pay structures where newer workers receive less than more experienced employees. The union wants to address concessions it made in the 2000s when GM and Chrysler went into bankruptcy and were bailed out by the U.S. government.
The ‘Next Wave’ Is Coming—Bitcoin Breaks $30,000 As $15.6 Trillion Wall Street Flood That Will ‘Dwarf’ The Last Crypto, Ethereum, XRP Price Bull Run Is Revealed“The days of UAW and Ford being a team…are over,” Fain said. “We’re not going to partner with Ford in a race to the bottom.” One of the Ford operations affected by the strike is Kentucky Truck Plant in Louisville, which produces Super Duty pickups , among the company’s most profitable vehicles.
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UAW's Fain reports progress in talks with Detroit automakers, wants moreUnited Auto Workers President Shawn Fain said on Friday the union had received fresh contract offers from GM and Stellantis in the past 24 hours and all three Detroit automakers had converged on a 23% wage hike, but 'there is more to be won.'
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UAW says 'more to be won' despite record offers from automakers; declines to expand strikesGeneral Motors, Ford Motor and Stellantis have offered proposals that include 23% hourly pay increases during the terms of the four and a half-year deal.
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Ford Motor Co., Stellantis lays off workers, says dismissals are 'direct result' of UAW strikesFord Motor Co. and Stellantis said Thursday that they are laying off additional workers at two plants in Michigan and Ohio due to the ongoing United Auto Workers strike.
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UAW workers at ZF plant in Alabama ratify labor deal, end strikeUAW members who went on strike at Mercedes-supplier ZF's Alabama plant demanding better pay and healthcare ended a nearly month-long walkout on Thursday.
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Forvia warns of rising hit from UAW strike, considering layoffsFrench car parts maker Forvia (FRVIA.PA) on Friday posted solid organic sales growth for the third quarter, but warned that the spreading United Auto Workers strike will take a bigger bite out of revenue in October and could lead to layoffs.
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