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Big Three Automakers

All articles tagged with #big three automakers

labor-relations2 years ago

UAW's Controversial Deals with Big Three Automakers Spark Worker Backlash

United Auto Workers (UAW) members are debating the contract offers from Ford, General Motors (GM), and Stellantis, with only a fraction of plants having voted so far. The deals have received mixed responses, with some larger locals voting heavily in favor while others passed with narrower majorities. Newer workers and temps tend to support the deals, which offer faster progression to top wages and job security. However, opposition comes from members who wanted to eliminate benefit tiers. The contracts include wage increases, the return of cost-of-living adjustments, and the conversion of temps to permanent status. Retirement benefits and work-life balance remain sticking points.

labor-relations2 years ago

UAW's Triumph: Implications for US Auto Industry and Labor Movement

The United Auto Workers (UAW) union has successfully negotiated wage increases with Detroit's Big Three automakers - General Motors, Ford, and Stellantis - after strikes. These pay raises, the largest in decades for autoworkers, highlight the power of organized labor in reducing economic inequality. Unions help shift wages out of the lower end of the range of indeterminacy, where individual workers have less bargaining power. The UAW's success may inspire unionization efforts at other companies, including Tesla, Toyota, Honda, and BMW.

labor-relations2 years ago

UAW's Historic Strike Against Big Three Automakers Takes Surprising Turns

The United Auto Workers (UAW) union, in its fifth week of striking against General Motors, Ford, and Stellantis, announced a "new phase" in its fight, indicating the potential for an expansion of the strike at any time. UAW President Shawn Fain stated that the union will not adhere to a specific pattern and will demand the necessary changes from the automakers. Despite record offers from the automakers, including wage increases and additional benefits, the UAW remains unsatisfied with retirement security and the inclusion of union jobs in electric vehicle battery plants. The negotiations continue with no deal in sight.

labor-relations2 years ago

UAW President's Next Move: Aiming for Progress and Power

The president of the United Auto Workers (UAW) union, Shawn Fain, will provide an update on negotiations with Detroit's Big Three automakers after unexpectedly adding a major facility to their ongoing auto strike. The UAW is warning of "further action if needed" during the bargaining update, as part of their new strike strategy targeting valuable automotive facilities to create leverage. The union aims to expedite talks and push for demands including a significant wage hike, pension restoration, and an end to wage tiers. The strike, now in its fourth week, has affected 44 facilities and could potentially expand further.

labor-relations2 years ago

UAW President Shawn Fain's Decision on Expanding Strike: Key Takeaways

UAW President Shawn Fain announced that the strike would not be expanding this week as negotiations with Detroit's Big Three automakers continue. Progress has been made, including GM agreeing to place their electric battery manufacturing under the national master agreement with the union. No tentative agreements have been reached yet, but negotiations have led to an increase in pay for temporary workers. The strike remains ongoing, with targeted strikes at valuable locations to create leverage and stretch out the strike fund. Approximately 25,000 UAW autoworkers are currently striking.

labor-relations2 years ago

"UAW President's Announcement Sparks Concerns for Auto Workers"

United Auto Workers (UAW) President Shawn Fain did not announce a strike expansion or a deal with any of the Big Three automakers in his weekly social media address. The UAW has been targeting strikes at increasingly valuable locations to create leverage and stretch out its strike fund. Negotiations between the union and the carmakers are ongoing, with Ford providing a new offer this week. As of Thursday, about 25,000 UAW autoworkers were on strike, and the union plans to strike as long as necessary to achieve its demands for better pay and benefits.

business2 years ago

"UAW Strike: Layoffs and Work Stoppages Escalate as Tensions Rise with Big Three"

The UAW strike against the Big Three automakers is causing layoffs and work stoppages as negotiations continue. The strike, which began last week, has led to disruptions in the supply chain and prompted layoffs at various facilities. UAW President Shawn Fain has warned of further strikes if negotiations do not progress by Friday. The strike is being conducted in a "stand up" manner, allowing the union to escalate the strike incrementally. The automakers are facing challenges in predicting the union's next move.

labor-relations2 years ago

"UAW Sets New Strike Deadline, Heightening Tensions in Detroit's Auto Industry"

UAW President Shawn Fain has announced a new strike deadline for the Big Three automakers, Ford Motor Company, General Motors, and Stellantis, giving them until Friday, September 22 at 12 p.m. to make substantial progress towards a fair agreement. If progress is not made, the UAW will call for more members to join the "stand up" strike. Unifor, representing Ford autoworkers in Canada, has also set a strike deadline for Tuesday, September 19 at 12 a.m. Talks with Ford have been described as reasonably productive, while discussions with Stellantis and General Motors have not been critiqued. Currently, the only plant being picketed in Michigan is Ford's Michigan Assembly in Wayne.

business2 years ago

"UAW Strike Sends Shockwaves Through Auto Industry and American Workforce"

The United Auto Workers (UAW) has taken a new approach in labor negotiations with the Big Three automakers by staging partial strikes at each company, marking a departure from their traditional strategy of targeting a single company and using the resulting contract as a pattern for the entire industry. This move comes at a time when the industry is undergoing retooling efforts.

labor-rights2 years ago

"Automakers Prioritize Shareholders, Neglect Workers' Compensation"

Auto workers are preparing for a major strike over inadequate pay and job security, while the Big Three automakers (General Motors, Ford, and Stellantis) have authorized $5 billion in stock buybacks in the past year, benefiting shareholders instead of workers. The automakers have reported $21 billion in profits in the first half of 2023 but claim poverty when it comes to wage increases. The United Auto Workers (UAW) has proposed automatic payments to workers when buybacks or dividends are authorized, but the companies have responded with concessionary proposals. The rise in stock buybacks has been linked to the decline of organized labor, and experts argue that labor unions should focus on influencing resource allocation and corporate governance to address this issue.

labor-relations2 years ago

UAW's Demands for Detroit's Big Three in 2023 Talks

The United Auto Workers (UAW) union is demanding various concessions from the Big Three automakers, including the elimination of tiered wages, double-digit pay raises, the restoration of Cost of Living Adjustments (COLA), defined benefit pensions for all workers, the re-establishment of retiree medical benefits, the right to strike over plant closures, the implementation of a working family protection program, and the conversion of temporary workers into permanent positions. The UAW has rejected the automakers' counter offers, deeming them "insulting," and has threatened to strike if a deal is not reached by the contract deadline.

labor-relations2 years ago

UAW Strike Threatens Big Three Automakers as Negotiations Stall

The United Auto Workers (UAW) has not reached a deal with any of the Big Three automakers, and a strike looms as the current contract expires on Thursday. The automakers have offered wage increases, but the UAW president deems them inadequate. The automakers have rejected the union's demands for a shorter workweek, higher raises, improved retiree benefits, and an end to the tiered wage system. However, they have shown flexibility on the years needed to reach full scale. UAW President Shawn Fain has warned of a strike if no deals are reached by the deadline.

labor-relations2 years ago

UAW Members Overwhelmingly Approve Strikes Against Big Three Automakers

Members of the United Auto Workers (UAW) have voted overwhelmingly to authorize their leaders to call a strike against the Big Three automakers - General Motors, Ford, and Stellantis - if contract negotiations fail before the current contract expires on September 14. Led by a new union president, the UAW is demanding a 40% pay increase over four years and other concessions. The strike authorization vote, which is a routine step during contract negotiations, could disrupt the auto industry and its transition to electric vehicles. The UAW's demands come amid high inflation and a tight labor market, giving workers more power to demand better compensation.

business2 years ago

"UAW Ready to Strike: Tense Contract Talks Begin with Big Three Automakers"

The head of the United Auto Workers (UAW) union, Shawn Fain, has declared that the union is prepared to strike against the Big Three US automakers - Ford, Stellantis, and General Motors - if their demands are not met during contract negotiations set to begin this week. Fain warned that nearly 150,000 UAW members will strike if the automakers do not give them their "fair share." The contracts between the UAW and the Big Three expire on September 14. The last auto workers strike occurred in 2019 when 48,000 UAW members at General Motors walked off the job for six weeks.