Strike fears loom large in final hours of UAW contract negotiations with Big Three

México Noticias Noticias

Strike fears loom large in final hours of UAW contract negotiations with Big Three
México Últimas Noticias,México Titulares
  • 📰 dcexaminer
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 94%

The nation’s largest auto union is digging in its heels in the final hours of its contract negotiations with the Big Three automakers, raising the specter of a historic strike that threatens to upend United States manufacturing and cause billions of dollars in economic losses.

The United Auto Workers union has vowed to strike if it does not reach consensus with the Big Three automakers in its contract negotiations, which expire Thursday at midnight.In the final hours of talks, both sides are expressing hope that they might still be able to hammer out a deal. But their window to do so is quickly shrinking.

In recent days, UAW has raised the prospect of conducting strikes at targeted auto plants in Michigan if a deal is not met before the Sept. 14 deadline, according to the Detroit Free Press. Fain is expected to elaborate on those plans at a closed-door union meeting Wednesday evening. The UAW’s 2019 strike at GM, which lasted 42 days and involved some 48,000 union workers, caused an estimated $4 billion in damage to the auto industry as a whole, Anderson said, much of which was concentrated in Michigan.

Ford CEO Jim Farley said Wednesday that the offer is the best it has made to the UAW in its 80-year relationship with the union, noting that it includes “pay increases, elimination of tiers, inflation protection, five weeks of vacation, 17 paid holidays, [and] bigger contributions for retirement.”“We’re absolutely ready for a strike and I know the UAW is too,” Farley told reporters in Detroit. “But we don’t want it to come to a strike.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

dcexaminer /  🏆 6. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Strike or No Strike: 5 Things to Know About the UAW’s Shawn FainStrike or No Strike: 5 Things to Know About the UAW’s Shawn FainThe president of the United Auto Workers union is taking a tough stance against General Motors, Ford, and Stellantis. His members seem to like it.
Leer más »

Strike or No Strike: 5 Things to Know About UAW President Shawn FainStrike or No Strike: 5 Things to Know About UAW President Shawn FainThe president of the United Auto Workers union is taking a tough stance against General Motors, Ford, and Stellantis. His members seem to like it.
Leer más »

Strike looms as talks between UAW, Detroit Three drag on By ReutersStrike looms as talks between UAW, Detroit Three drag on By ReutersStrike looms as talks between UAW, Detroit Three drag on
Leer más »

What to expect if a strike hits Big Three US automakers | Car NewsWhat to expect if a strike hits Big Three US automakers | Car NewsA strike by auto workers looks increasingly likely at the Big Three US automakers, with consumers once again being penalized. Auto123 has more.
Leer más »

Why the transition to electric cars looms large in UAW talks with Big 3 automakersWhy the transition to electric cars looms large in UAW talks with Big 3 automakersWages, benefits and job security may be at the heart of union talks with Detroit automakers — but the rise of battery-powered cars looms large in the background.
Leer más »

Unions Are Having a Moment. Investors Should Take Heed.Unions Are Having a Moment. Investors Should Take Heed.A possible UAW strike shows organized labor’s growing clout, and could lead to higher inflation.
Leer más »



Render Time: 2025-02-27 07:54:01