United Auto Workers President Shawn Fain rejected Stellantis’ offer of a 21% pay increase. Auto makers have responded to the strikes with temporary layoffs.
Ford and General Motors stocks climbed cautiously higher early Monday after negotiations between the ‘Big Three’ car makers and the United Auto Workers resumed over the weekend.
The union confirmed to Barron’s that it had restarted discussions with Ford over the weekend and said the talks were “reasonably productive,” but didn’t elaborate.
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Auto workers' union calls talks with Ford productive as strike continuesThe union representing striking auto workers is describing its latest talks with Ford as reasonably productive.
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Auto workers' union calls talks with Ford productive as strike continuesThe union representing striking auto workers is describing its latest talks with Ford as reasonably productive.
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Auto workers' union calls talks with Ford productive as strike continuesThe union representing striking auto workers is describing its latest talks with Ford as reasonably productive.
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Auto workers' union calls talks with Ford productive as strike continuesThe union representing striking auto workers is describing its latest talks with Ford as reasonably productive
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