A six-week wave of strikes that hobbled the three largest U.S. automakers has resulted in tentative contract agreements that would give workers their biggest pay raises in decades while avoiding a protracted work stoppage that could have damaged the economy. On Monday, General Motors and the United Automobile Workers reached a deal that mirrored agreements… Continue reading U.A.W. Strikes Near an End After G.M. Reaches Tentative Deal
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Why U.A.W. President Shawn Fain Has Taken a Hard Line
When Shawn Fain sought the presidency of the United Automobile Workers union last year, he ran on a platform that promised: “No corruption. No concessions. No tiers.” That pledge encapsulated many members’ frustrations with years of union scandal and concessions to the three big Detroit automakers, including the creation of a lower tier of wages… Continue reading Why U.A.W. President Shawn Fain Has Taken a Hard Line
U.A.W. and Ford Reach Tentative Contract Agreement
The United Automobile Workers and Ford Motor have reached a tentative agreement on a new four-year labor contract, the union announced Wednesday, nearly six weeks after the union began a growing wave of walkouts against the three Detroit automakers. The union said the deal included a roughly 25 percent pay increase over four years, cost-of-living… Continue reading U.A.W. and Ford Reach Tentative Contract Agreement
U.A.W.’s Expanding Strikes Could Signal an Endgame or a Long Struggle
The United Automobile Workers union shut down production at General Motors’ largest U.S. factory on Tuesday, significantly stepping up pressure on the large U.S. automakers as signs multiplied that the six-week strike is taking a toll on profits. The union told 5,000 workers at G.M.’s plant in Arlington, Texas, to stop working on the same… Continue reading U.A.W.’s Expanding Strikes Could Signal an Endgame or a Long Struggle
U.A.W. Expands Strike to a Ram Plant in Michigan
In a major escalation of its six-week strike at the three large U.S. automakers, the United Automobile Workers union on Monday told 6,800 workers at a large Ram pickup truck plant in Michigan to walk off the job. Union workers at the Sterling Heights plant, which is owned by Stellantis, the parent of Ram, Chrysler… Continue reading U.A.W. Expands Strike to a Ram Plant in Michigan
Nonunion Workers Are Playing a Big Role in the Autoworkers’ Strike
Tens of thousands of people who work for Toyota in Kentucky, Mercedes-Benz in Alabama or Tesla in Texas are technically not involved in the high-stakes negotiations taking place between labor and management in and around Detroit. But they are very much a presence. Executives at Ford Motor, General Motors and Stellantis, the parent of Chrysler,… Continue reading Nonunion Workers Are Playing a Big Role in the Autoworkers’ Strike
Bill Ford Says U.A.W. Strike Is Helping Tesla and Toyota
The monthlong strike by the United Automobile Workers and the union’s demands for substantial pay and benefits increases risk damaging the U.S. auto industry, hurting its ability to compete against nonunion foreign rivals, the executive chairman of Ford Motor said on Monday. The fight should not be seen as the U.A.W. against Ford, or its… Continue reading Bill Ford Says U.A.W. Strike Is Helping Tesla and Toyota
Honda hikes U.S. workers’ pay 11% after UAW deals with Detroit Three
(Reuters) — Honda Motor said on Friday it was implementing an 11% pay hike for production workers at its U.S. facilities from January, days after the United Auto Workers union and the Detroit Three automakers agreed to new contracts. The company also said it would cut the time it takes for a worker to get… Continue reading Honda hikes U.S. workers’ pay 11% after UAW deals with Detroit Three
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Barclays PLC – BCS
NEW YORK, Nov. 11, 2023 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of Barclays PLC (“Barclays” or the “Company”) (NYSE: BCS). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980. The investigation concerns whether Barclays and certain of its officers and/or directors have engaged in securities fraud or other unlawful business… Continue reading SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Barclays PLC – BCS
UAW workers at GM’s Flint plant narrowly vote against new labor deal
The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook Acquire Licensing Rights Show more companies Nov 10 (Reuters) – United Auto Workers (UAW) union members at General Motors’ (GM.N) Flint assembly plant in Michigan have narrowly voted against a proposed contract with… Continue reading UAW workers at GM’s Flint plant narrowly vote against new labor deal