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UAW squeezing Big Three but stops short of expanding strike

News Room by News Room
October 20, 2023
Reading Time: 2 mins read
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UAW strike against Detroit automakers has entered ‘new phase,’ union boss says

United Auto Workers President Shawn Fain said in his weekly address Friday that the union’s strike against Detroit’s Big Three automakers will continue against Ford, General Motors and Stellantis, but did not announce any new strike targets.

“We’ve looked at the companies’ proposals,” Fain said during his Facebook live address. “… And in my opinion, and in the opinion of the vice presidents and in the opinion of your national negotiators, there is more to be won.”

The UAW has been demanding “record contracts for record profits” from the automakers, and Fain acknowledged that all three companies had offered record contracts to the union, but said there is more money on the table. 

FORD MOTOR CO., STELLANTIS LAYS OFF WORKERS, SAYS DISMISSALS ARE ‘DIRECT RESULT’ OF UAW STRIKES

The union is asking for a 40% raise over the life of the four-year contracts, and Fain said the Big Three have now increased their pay hike proposals to 23%. He also pointed to a number of areas where each automaker needs to offer more from the union’s perspective.

UAW workers picketing

“One thing we’ve been hearing over and over from these companies is how they’ve offered us record contracts,” Fain said. “They stole that line from us by the way, and you know what, we agree.”

AUTOWORKER UNION PRESIDENT WHO DONNED ‘EAT THE RICH’ SHIRT IS IN TOP 5% OF EARNERS

“These are already record contracts, but they come at the end of decades of record decline,” the union president said. “So it’s not enough to be the best ever, when autoworkers have gone backwards over the last two decades. That’s a very low bar.”

Ticker Security Last Change Change %
F FORD MOTOR CO. 11.63 +0.11 +0.95%
GM GENERAL MOTORS CO. 29.66 +0.33 +1.11%
STLA STELLANTIS NV 18.87 -0.07 -0.40%

The UAW began its simultaneous but limited strike against the Big Three over a month ago.

Around 34,000 of the 150,000 members employed by the automakers are currently on strike, and the union has threatened to expand the strike nationwide if the companies do not make sufficient progress in the negotiations.

Read the full article here

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