Sumability
AboutPricingLog in
    Join us on Discord
    SumabilitySum It Up - Your AI for Content Curation. 🤖

    Feedback

    • Bug Report
    • Feature Request

    © 2023 Sumability.com™. All Rights Reserved.
    Twitter page
    Topics
    AI 🤖Business 💼Cryptocurrency 💰Economy 🏛️Politics 🥸Stock Markets 🤑Technology 🛠️
    Posted 9/17/2023, 4:54:00 PM

    UAW Rejects Stellantis Pay Offer, Seeks Wage Parity with Executives

    • UAW president Shawn Fain says 21% pay hike offered by Chrysler parent Stellantis is a “no-go”

    • Fain autoworkers are "fed up with falling behind," want pay raises to match CEOs'

    • Fain Stellantis could double wages and still profit billions

    • Biden says offers "should go further" though sees progress in negotiations

    • Rep. Debbie Dingell White House should not intervene directly in Big 3 talks

    cbsnews.com
    Relevant topic timeline:
    8/23/2023
    Can the UAW afford to strike all three Detroit automakers?
    The United Auto Workers (UAW) may employ a strategy similar to the 1998 strike if they decide to strike against the Detroit automakers next month, potentially causing serious damage to the industry by targeting key component plants or focusing on one automaker while striking at plants that produce its bestselling vehicles.
    8/25/2023
    UAW workers overwhelmingly vote to authorize strikes at GM, Ford, Stellantis
    United Auto Workers members have overwhelmingly authorized a strike against General Motors, Ford Motor, and Stellantis during ongoing contract negotiations, with an average of 97% of members supporting the action, although the final votes are still being counted.
    9/1/2023
    UAW files unfair labor practice against GM, Stellantis
    The United Auto Workers union has filed unfair labor practice charges against General Motors and Stellantis, accusing them of refusing to bargain in good faith, while Ford Motor offered a 9% wage increase, much lower than the union's demand for a 46% hike.
    9/1/2023
    Ford makes UAW a contract offer
    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.
    9/7/2023
    UAW President Warns GM as Strike Deadline Looms, Calls Wage Offer 'Insulting'
    The president of the United Auto Workers (UAW) union criticizes General Motors' wage offer as "insulting" and warns of an impending strike if a fair deal is not reached.
    9/8/2023
    UAW Dissatisfied With Auto Contract Offers, Strike Possible if No Deal By Sept 15
    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.
    9/13/2023
    Biden's Pro-Union Stance Faces Test as Auto Strikes Could Disrupt Economy
    The United Auto Workers (UAW) president, Shawn Fain, has rallied workers ahead of a possible strike against Detroit's "Big Three" carmakers, highlighting workers' loss while companies profit, which may test President Biden's support for unions as strikes could potentially damage the economy.
    9/15/2023
    UAW to Strike Three Key U.S. Auto Plants After Midnight If No Deal Reached
    The United Auto Workers union plans to strike three major assembly plants of General Motors, Ford Motor, and Stellantis in the United States if agreements are not reached, potentially affecting around 12,700 workers.
    9/15/2023
    UAW Launches Limited Strikes at GM, Ford, and Stellantis Plants Seeking Significant Wage Increases
    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.
    9/16/2023
    Trump Attacks UAW Despite Claiming to Support Autoworkers
    Former President Donald Trump refuses to support the United Auto Workers (UAW) strike against the Big Three automakers, framing the workers' fight as a partisan issue and encouraging them to stop paying union dues, despite claiming to champion American manufacturing workers.
    9/17/2023
    UAW Strikes Ford, GM, and Stellantis Plants Over Pay Dispute
    The president of the United Auto Workers rejects a 21 percent pay increase offer from Stellantis, leading to a continued strike against major carmakers.
    9/20/2023
    UAW Targeted Strikes at Auto Plants Could Lead to Widespread Walkout, Disrupting Production and Profits
    The threat of a full walkout by United Auto Workers (UAW) poses a potential economic impact of over $5 billion on auto giants Ford, General Motors, and Stellantis, with laid-off workers and higher car prices among the consequences.
    9/20/2023
    UAW Faces Uphill Battle Unionizing New EV Jobs in Anti-Union Southern States
    The migration of automakers to the anti-union South and the shift to electric vehicles is threatening the United Auto Workers (UAW) union, as fewer plants in the South are unionized and EV jobs pay less than traditional auto jobs, raising concerns about lower compensation and the future of unions in the auto industry.
    9/21/2023
    GM, Stellantis Layoffs and Strikes Loom as UAW Contract Talks Remain Stalled
    GM and Stellantis are laying off workers as a deadline approaches for a deal with the United Auto Workers (UAW) to avoid a strike, with GM idling its plant in Kansas due to a shortage of stampings from the UAW-striking Wentzville plant and Stellantis passing a new counterproposal to the UAW.
    9/21/2023
    Detroit Automakers Struggle to Compete as Industry Shifts to EVs
    The United Auto Workers (UAW) is demanding that General Motors (GM) give more money to assembly-line workers instead of spending billions on stock buybacks, as the UAW believes that the Detroit Three automakers have been minting profits and should share more with their employees.
    9/22/2023
    UAW Threatens to Expand Strike to Ford and Chrysler, Escalating Standoff with Detroit Automakers
    The UAW is threatening to escalate its strike against Big Three automakers GM, Ford Motor, and Chrysler parent Stellantis, which could have significant implications for the labor confrontation.
    9/22/2023
    UAW Strike Expands to 38 More Plants, Could Soon Affect Over 100,000 Workers Seeking Pay Raises Amid EV Transition
    The United Auto Workers union is expanding its strike against major automakers by walking out of 38 General Motors and Stellantis plants in 20 states, citing demands for higher wages and shorter working hours.
    9/22/2023
    UAW Expands Strike to All GM, Stellantis Parts Centers as Leverage in Talks, But Progress with Ford Avoids Wider Disruption
    Despite expanding its strike against GM and Stellantis, the United Auto Workers (UAW) union has decided not to expand the number of Ford workers on strike due to progress in negotiations with Ford.
    9/22/2023
    Stellantis Chairman Defends CEO's Exorbitant Pay as Autoworkers Strike Against Lavish Billionaire Lifestyle
    US autoworkers are striking against General Motors, Ford, and Stellantis (formerly Chrysler) to fight for fair wages and benefits, as well as taking on the power of the billionaire class represented by Stellantis chairman John Elkann and his wealthy family dynasty.
    1. Home
    2. >
    3. Business 💼