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"We leveraged our union's most powerful weapon: the right to strike," Unifor said of the tentative deal in a statement. Unifor had sought improved wages and pensions, as well as support in the transition to electric vehicles and additional investment commitments by Ford. The Canadian union will now turn to getting deals with General Motors (GM.N) and Chrysler parent Stellantis (STLAM.MI), whose deadlines had been extended while the Ford talks proceeded. The UAW has said it will announce strikes against more U.S. plants on Friday if no serious progress is made in talks with automakers. Many UAW workers are most concerned about the tiered wage structure that they say has created a yawning gap between newer and older employees, forcing some to work two jobs to make ends meet.

Persons: Unifor, Stellantis's Ram, Ford, Roxanne Stadtfeld, Anirudh Saligrama, Ben Klayman, Richard Chang, Jamie Freed Organizations: DETROIT, United Auto Workers, Detroit Three, Ford, General Motors, Chrysler, Reuters Graphics, Ford Bronco, Chevrolet, UAW, GM's, Silverado, DoorDash, Thomson Locations: Canada, Canadian, U.S, Michigan , Ohio, Missouri, Chevrolet Colorado, Ohio, Michigan, Monroe , Michigan, Bengaluru, Ben, Detroit

The UAW last week launched a strike against Ford (F.N), General Motors (GM.N) and Chrysler parent Stellantis (STLAM.MI), targeting one U.S. assembly plant at each company. The union said early on Tuesday that negotiations had been extended for 24 hours after it received a "substantive offer" from Ford. [1/2]An aerial view shows recently manufactured vehicles at Ford's Oakville Assembly Plant in Oakville, Ontario, Canada May 26, 2023. Once the Ford deal is completed, Unifor will turn to getting agreements with GM and Stellantis, whose deadlines were extended during the talks with Ford. The UAW at one point during the talks offered to lower its demand to 36%.

Persons: We're, Shawn Fain, Ford, Lana Payne, Carlos Osorio, Unifor, Janet Yellen, Stellantis's Ram, Jahnavi, Ben Klayman, Jamie Freed Organizations: DETROIT, United Auto Workers, Detroit Three, UAW, Ford, General Motors, Chrysler, Plant, REUTERS, GM, Reuters Graphics, Detroit automakers, Ford Bronco, Chevrolet, Michigan Bronco, GM's, Silverado, Thomson Locations: Canadian, Canada, Ford, United States, Ontario, Kentucky, Dearborn , Michigan, Kansas City , Missouri, North America, Oakville, Oakville , Ontario, U.S, Michigan , Ohio, Missouri, Chevrolet Colorado, Kansas, Bengaluru, Ben, Detroit

The UAW says it will strike against more U.S. plants on Friday if no serious progress was made in talks with automakers. The UAW launched a strike against Ford (F.N), General Motors (GM.N) and Chrysler parent Stellantis (STLAM.MI), last week, targeting one U.S. assembly plant at each company. [1/7]Striking United Auto Workers members Laura Zielinski and Aisha Cochra hold their strike signs outside the Stellantis Jeep plant in Toledo, Ohio, U.S. September 19, 2023. The strikes have halted production at plants in Michigan, Ohio and Missouri that produce the Ford Bronco, Jeep Wrangler and Chevrolet Colorado, alongside other popular models. Reuters GraphicsReporting by David Shepardson in Washington, Jahnavi Nidumolu in Bengaluru and Ben Klayman in Toledo, Ohio Editing by David Gaffen, Jamie Freed, Matthew Lewis and Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.

Persons: Laura Zielinski, Stellantis, Ram, ”, Candis Holmes, Aisha Cochra, Rebecca Cook, Holmes, Julie Su, Gene Sperling, Ford, Unifor, David Shepardson, Jahnavi, Ben Klayman, David Gaffen, Jamie Freed, Matthew Lewis, Deepa Babington Organizations: United Auto Workers, Detroit Three, UAW, Ford, General Motors, Chrysler, Workers, GM's, Silverado, REUTERS, Ford Bronco, Chevrolet, Labor, Michigan Bronco, GM, Reuters, Thomson Locations: TOLEDO , Ohio, Michigan, Ohio, Wayne , Michigan, Toledo , Ohio, Toledo, U.S, Ford's Wayne , Michigan, Michigan , Ohio, Missouri, Chevrolet Colorado, Washington, Detroit, Kansas, Canadian, Canada, Kentucky, Dearborn , Michigan, Kansas City , Missouri, Bengaluru, Ben

☆ Canadian autoworkers extend negotiations with Ford, delaying a possible strike
▼ + stars: | 2023-09-19 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

According to an update posted on the union site: “Unifor is extending negotiations with Ford Motor Company for a 24-hour period. By contrast, Unifor announced if it goes on strike, it will strike all the Ford facilities where it represents members. The union had granted them contract extensions while it focused its negotiations on reaching the best possible deal with Ford. It has not had a strike in its Canadian operations since 1990 and has not had a US strike since 1978. A Canadian strike could be a bigger blow to Ford’s sales than the UAW strike, which is so far is limited to one factory in Michigan in the case of Ford.

Persons: Unifor, ” Ford, Lana Payne, ” Payne, Ford Organizations: CNN, Canadian, Ford, Ford Motor Company, United Auto Workers, General Motors, Jeep, Dodge, Chrysler, UAW, Ford Bronco, Nautilus Locations: Canada, Wayne , Michigan, Michigan, Windsor

☆ UAW will strike at additional U.S. auto plants if 'serious progress' isn't made by noon Friday
▼ + stars: | 2023-09-19 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Blue Cross Blue Shield employees show their support to members of the United Auto Workers (UAW) union as they march through the streets of downtown Detroit following a rally on the first day of the UAW strike in Detroit, Michigan, on September 15, 2023. Matthew Hatcher | AFP | Getty ImagesDETROIT – The United Auto Workers union will announce additional strikes at General Motors , Ford Motor and Stellantis plants if the sides don't make "serious progress" in negotiations by noon ET Friday, UAW President Shawn Fain announced Monday night. The announcement follows the union meeting with each of the automakers since the targeted strikes began Friday. The union selected the plants as part of targeted strike plans, as Fain and UAW leaders unconventionally negotiate with all three automakers at once. It's calling the work stoppages "stand-up strikes," a nod to historic "sit-down" strikes by the UAW in the 1930s.

Persons: Matthew Hatcher, Shawn Fain, We're, Fain Organizations: United Auto Workers, UAW, AFP, Getty, DETROIT, General Motors, Ford Motor, Detroit Locations: Detroit, Detroit , Michigan, Wentzville , Missouri, Wayne , Michigan, Toledo , Ohio

New York CNN —The United Auto Workers union’s already unprecedented strike against General Motors, Ford and Stellantis could soon get even bigger. So far, the strike, which started early Friday, has targeted only one final assembly plant at each automaker. So, noon on Friday, September 22nd is a new deadline.”While 12,700 union members are on strike, most of the 145,000 members at the three automakers remain on the job. The UAW chose to target final assembly plants first, which has made the initial strikes quite targeted and tactical. Spreading impact of strikeThe impact of the strike will have a ripple impact on other factories beyond the three targeted already by the UAW strike.

Persons: Stellantis, Shawn Fain, Autoworkers, We’re, “ We’re, ”, “, Ford, Lana Payne, Payne, Fairfax, David Barnas, Louis, Biden, Donald Trump, Mike Pence, Fain, Trump Trump, Joe Biden, ” Trump Organizations: New, New York CNN, United Auto Workers, General Motors, Ford, CNN, GM, UAW, Ford Bronco, Companies, GM Stellantis, Jeep, Dodge, Chrysler, Fairfax Assembly, US Steel, Trump Locations: New York, Wayne , Michigan, Canada, United States, Fairfax, Kansas City , Kansas, Wentzville, Granite City , Illinois, St, Detroit

On Monday, the UAW held talks with Stellantis though no deal was reached. About 12,700 UAW workers are on strike as part of a labor action targeting three U.S. assembly plants - one at each of the Detroit Three - after the prior four-year labor agreements expired. He said the UAW is ready to do what was necessary when asked whether it would extend the strike to other plants this week. Ford has an assembly plant and two engine plants in Canada with a total of about 5,000 union workers. Shares of BlueScope Steel (BSL.AX) slipped to an over three-month low as the strike weighs on its North American business.

Persons: Hakeem Jeffries, Rebecca Cook, plateauing, Shawn Fain, Fain, Unifor, Ford, Janet Yellen, Biden, Yellen, Stellantis's Ram, David Shepardson, Ben Klayman, Doina Chiacu, Deepa Babington, Alexander Smith Organizations: Democratic, U.S . House, United Auto Workers, Ford Motor Michigan, Plant, Wayne , Michigan U.S, REUTERS, Detroit Three, Union, General Motors, Ford, UAW, Detroit, MSNBC, CNBC, Ford Bronco, Chevrolet, Michigan Bronco, GM's, Silverado, BlueScope, Reuters, Thomson Locations: Wayne , Michigan, Canada, Michigan , Ohio, Missouri, Chevrolet Colorado, Kansas, North America, Michigan

☆ UAW and automakers GM, Ford and Stellantis try to reach deal before strike widens
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +2 min

Striking United Auto Workers walk the picket line outside the Ford Michigan Assembly Plant in Wayne, Michigan, U.S. September 17, 2023. REUTERS/Rebecca Cook Acquire Licensing RightsSept 18 (Reuters) - The United Auto Workers strike against the Detroit Three automakers enters its fourth day on Monday as both sides try to hammer out deals to avoid costly disruptions to more plants. Sample HTML blockAbout 12,700 UAW workers are on strike as part of a coordinated labor action targeting three U.S. assembly plants - one at each of the Detroit Three automakers after the prior four-year labor agreements expired. The strikes have halted production at three plants in Michigan, Ohio and Missouri that produce the Ford Bronco, Jeep Wrangler and Chevrolet Colorado, along with other popular models. Besides higher wages, the UAW is also demanding shorter work weeks, restoration of defined benefit pensions and stronger job security as automakers make the shift to electric vehicles.

Persons: Rebecca Cook, Shawn Fain, Stellantis's Ram, David Shepardson, Ben Klayman, Deepa Babington Organizations: United Auto Workers, Ford Michigan Assembly Plant, REUTERS, Detroit Three, Union, General Motors, Ford, UAW, Ford Bronco, Chevrolet, GM's, Silverado, Reuters, Thomson Locations: Wayne , Michigan, U.S, Michigan , Ohio, Missouri, Chevrolet Colorado

☆ Ford could face strike in Canada, adding to U.S. labor pressure
▼ + stars: | 2023-09-18 | by ( ) www.cnbc.com time to read: +4 min

Ford Motor could face a strike in Canada if no agreement is reached by 11:59 p.m. Monday with the union representing about 5,600 Canadian auto workers, just days after workers at one of its U.S. plants went on strike. On Friday, the United Auto Workers union launched a targeted strike against Ford, General Motors and Chrysler-parent Stellantis , targeting one assembly plant at each company. Canadian union Unifor, whose contract with Ford expires at 11:59 p.m. Monday, said "while we remain at the table the likelihood of a strike increases with each passing hour." Ford has two engine plants in Canada that build V-8 motors for F-series and Super Duty pickups assembled in the United States. Ford on Friday furloughed 600 workers who are not on strike at the Michigan Bronco plant because of the impact of the work stoppage.

Persons: Ford, Stellantis, Shawn Fain, Fain, Janet Yellen, Stellantis's Ram, BlueScope Steel Organizations: Ford, United Auto Workers, General Motors, Chrysler, UAW, Detroit automakers, Union, GM, Chrysler Corp, MSNBC, Ford Bronco, Chevrolet, Michigan Bronco, GM's, Silverado, BlueScope Locations: Canada, United States, Ontario, Kentucky, Dearborn , Michigan, Kansas City , Missouri, U.S, Auburn Hills , Michigan, Detroit, Michigan , Ohio, Missouri, Chevrolet Colorado, Kansas, North America

☆ The UAW is playing with fire. Jim Cramer says Ford could be forced to flip the script
▼ + stars: | 2023-09-18 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

The United Auto Workers strike entered Day 4 on Monday, and both sides remained far apart on pay hikes. By striking Ford, the UAW is "playing with fire," according to Jim, who said the automaker might get tired of trying to appease union demands and just lock workers out. Ford CEO Jim Farley told CNBC last week that UAW demands would bankrupt the company. In addition to top-line pressure on its EV unit and companywide cost pressure from the UAW strike, Ford needs to work its way through this transition from high-profit ICE vehicles to the currently money-losing EVs. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer, Jim, Ford, Jim Farley, Goldman Sachs, Tesla, Washington, Joe Biden, Biden, Jim Cramer's, Shawn Fain, Bill Pugliano Organizations: United Auto Workers, Ford, UAW, Detroit, Plant, Bronco, Ford's, General Motors, Chrysler, GM, CNBC, White House, Getty Locations: Michigan, Wayne, Wentzville , Missouri, Toledo , Ohio, U.S, Mexico, Detroit, Detroit , Michigan

☆ Autoworkers strike against Detroit Three enters third day
▼ + stars: | 2023-09-17 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

United Auto Workers members hold up strike signs across from the Ford Michigan Assembly Plant in Wayne, Michigan, U.S., September 15, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsSept 17 (Reuters) - The United Auto Workers strike against the Detroit Three automakers is set to enter its third day Sunday with no immediate resolution on the horizon. About 12,700 UAW workers remain on strike as part of a coordinated labor action targeting three U.S. assembly plants - one at each of the Detroit Three automakers after the prior four-year labor agreements expired at 11:59 p.m. Stellantis said main bargaining talks are to resume Monday, while some subcommittee negotiations are set for Sunday at General Motors. "The truth is UAW leadership ignored Belvidere in favor of a strike," the company said.

Persons: Rebecca Cook, Stellantis, Shawn Fain, Mark Stewart, Ford, David Shepardson, Kim Coghill Organizations: United Auto Workers, Ford Michigan Assembly Plant, REUTERS, Detroit Three, Ford, Chrysler, . Union, General Motors, UAW, Sunday, GM, North American, Ford Bronco, Chevrolet, Thomson Locations: Wayne , Michigan, U.S, Belvidere , Illinois, Belvidere, Illinois, Michigan , Ohio, Missouri, Chevrolet Colorado, Michigan, Kansas, GM Missouri

☆ Ford also faces strike at Canadian plants Monday night
▼ + stars: | 2023-09-17 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

Unifor, the union that represents autoworkers in Canada, is preparing to go on strike against Ford on Monday night. The 3,400 Unifor members at the plant produce the Ford Edge and the Lincoln Nautilus SUVs. The two plants have a total of 1,700 Unifor members. It has not had a US strike since 1978, nor a Canadian strike since 1990. But Payne said her members at Ford are prepared to strike Monday night if the company doesn’t step up to its demands.

Persons: Ford, Lana Payne, “ We’re, ” Payne, –, Jeff Schuster, ”, Payne, she’s, Unifor, ” Ford Organizations: New, New York CNN, United Auto Workers, Ford, CNN, UAW, Ford Edge, Lincoln Nautilus, Nautilus, – Ford, General Motors, North American, Jeep, Dodge, Chrysler, GlobalData, GM, Canadian, US Locations: New York, Canada, Toronto, Oakville , Ontario, Windsor , Ontario, Detroit, Windsor, Warren , Michigan, United States, Mexico, America

☆ UAW cites 'productive' talks with Ford on second day of US auto strike
▼ + stars: | 2023-09-16 | by ( David Shepardson | ) www.reuters.com time to read: +5 min

About 12,700 UAW workers remained on strike for a second day as part of a coordinated labor action targeting three U.S. assembly plants - one at each of the Detroit Three automakers. However, the UAW comment about the tenor of talks at Ford was more positive than the union's characterization of progress ahead of the kickoff of the strikes. "As we have said all along, Ford has bet on the UAW more than any other company. We are committed to reaching an agreement with UAW that rewards our workers and allows Ford to invest in the future. GM said on Thursday the UAW wage and benefits proposals would cost it $100 billion, while Ford's Farley said the a 40% UAW wage hike would "put us out of business."

Persons: Stellantis, Jim Farley, Ford, Mark Truby, Mark Stewart, Stewart, Shawn Fain, Fain, Ford's Farley, Joe Biden, David Shepardson, Joseph White, Paul Simao Organizations: United Auto Workers, Ford, Chrysler, UAW, Detroit Three automakers, Union, General Motors, GM, North American, Ford Bronco, Chevrolet, Thomson Locations: Illinois, Belvidere , Illinois, Michigan , Ohio, Missouri, Chevrolet Colorado, Michigan, Kansas, Toledo , Ohio

☆ Explainer: UAW strikes target Detroit Three automakers
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: +5 min

REUTERS/Andrew Kelly/File Photo Acquire Licensing RightsSept 16 (Reuters) - The United Auto Workers (UAW) union on Friday launched strikes at three U.S. auto plants after failing to reach an agreement over new contracts, the first-ever simultaneous labor action against the Detroit Three automakers. Detroit automakers, like their global counterparts, have been focused on cost reductions, which in some cases include job cuts, to help accelerate a shift to electric vehicles (EVs) from gasoline-powered vehicles. Contract talks between the UAW and the Detroit automakers in past years had gone on until the strike deadline and beyond. In fiscal 2019, GM's fourth-quarter profit took a $3.6 billion hit from a 40-day UAW strike. The walkout on Friday was smaller than some analysts expected, with only three auto plants in Michigan, Ohio and Missouri targeted.

Persons: Andrew Kelly, Shawn Fain, Stellantis, Fain, Biden, Tesla, GM's, Nathan Gomes, Paul Simao, Sriraj Kalluvila, Diane Craft Organizations: United Auto Workers, UAW, International Workers, REUTERS, Detroit Three automakers, General Motors, Ford Motor, Chrysler, Detroit, WHO, Ford, FROM, GM, EV, Deutsche Bank, Lear Corp, Anderson Economic Group, Ford Bronco, Chevrolet, Thomson Locations: New York, Manhattan , New York City , New York, U.S, Michigan , Ohio, Missouri, Chevrolet Colorado, Bengaluru, Washington

☆ UAW, automakers resume labor talks; Stellantis hikes wage offer
▼ + stars: | 2023-09-16 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

The four-year labor deal between the union and General Motors (GM.N), Ford Motor (F.N) and Chrysler-parent Stellantis expired at 11:59 p.m. EDT on Thursday. Stellantis said on Saturday it has hiked its offer, proposing cumulative raises of nearly 21% over a four-and-a-half-year contract term, including an immediate 10% hike. GM and Ford are also offering wage hikes of 20% over the same period. The union is demanding higher wages, shorter work weeks, restoration of defined benefit pensions and stronger job security as automakers make the EV shift. Stellantis said it is offering more than $1 billion in retirement security improvements and other increases in benefits.

Persons: Stellantis, Ford, Shawn Fain, Fain, David Shepardson, Paul Simao Organizations: United Auto Workers, Detroit Three, General Motors, Ford Motor, Chrysler, GM, Ford, Ford Bronco, Chevrolet, UAW, Thomson Locations: Chevrolet Colorado, Michigan, Kansas, Missouri

☆ UAW says Stellantis boosts wage-hike offer to 19.5%, Detroit News reports
▼ + stars: | 2023-09-16 | by ( ) www.reuters.com time to read: +1 min

A Stellantis sign is seen outside its headquarters in Auburn Hills, Michigan, U.S., June 10, 2021. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsSept 15 (Reuters) - Stellantis' (STLAM.MI) latest offer to the striking United Auto Workers includes raising wages 19.5% and making salaried workers hourly, the Detroit News reported on Friday, citing the union. The offer from Chrysler's parent company includes consolidating after-sales parts plants and increasing the number of supplemental workers the Jeep maker can use, the report said. UAW President Shawn Fain said on Wednesday that Stellantis had proposed a 17.5% pay hike. Reporting by Chandni Shah and Kanjyik Ghosh in Bengaluru; Editing by Sandra Maler and William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Rebecca Cook, Shawn Fain, Stellantis, Rich Boyer, Chandni Shah, Kanjyik Ghosh, Sandra Maler, William Mallard Organizations: REUTERS, United Auto Workers, Detroit News, UAW, Union, Detroit Three, Ford Bronco, Chevrolet, Thomson Locations: Auburn Hills , Michigan, U.S, Detroit, Chevrolet Colorado, Bengaluru

The truth is we are going to wreck the billionaire economy," said UAW President Shawn Fain. UAW vice president Chuck Browning, who is leading talks with Ford, told a rally of hundreds of UAW workers in downtown Detroit on Friday afternoon that recent talks have made "good progress, but we have far to go." Striking workers said "tier two" employees can make only half the hourly wages of senior UAW workers and get worse benefits. GM said on Thursday the UAW wage and benefits proposals would cost the automaker $100 billion, but did not elaborate. Biden's likely opponent, former president Donald Trump, on Friday criticized the shift to EVs as a job-killer for the UAW.

Persons: Ford, We’re, Shawn Fain, Chuck Browning, Joe Biden, Bruce Baumhower, Rebecca Cook, Arthur Wheaton, Jim Farley, Mary Barra, Bernie Sanders, “, Sofus Nielsen, Biden, Julie Su, Gene Sperling, White, Stellantis, Fain, Biden's, Donald Trump, Joseph White, Kevin Krolicki, David Shepardson, Steve Holland, Mehr Bedi, David Gaffen, Peter Henderson, Matthew Lewis, Chris Reese Organizations: DETROIT, United Auto Workers, General Motors, Ford Motor, Chrysler, Ford Bronco, Chevrolet, UAW, Ford, Detroit, Ford Michigan Assembly Plant, REUTERS, Cornell's School of Industrial, Labor, CBS, Reuters Graphics, Tesla, GM, Thomson Locations: Chevrolet Colorado, Kansas, Detroit, Toledo , Ohio, Wayne , Michigan, Barra, Wayne, Milan, Washington, Bengaluru

☆ Here's what we think about the big time buyout interest in Disney's ABC
▼ + stars: | 2023-09-15 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer said the affected Bronco plant at Ford (F) is a blow but not as big as it could have been had F-150 facilities been targeted. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Ford, Bob Iger's, Byron Allen, Jim Cramer's, Jim Organizations: CNBC, Federal Reserve, United Auto Workers, Detroit, Bronco, Ford, Bank of America, Disney, ABC, Nexstar, Bloomberg Locations: U.S

☆ Detroit Three plants where UAW is on strike
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

UAW President Shawn Fain chairs the 2023 Special Elections Collective Bargaining Convention in Detroit, Michigan, U.S., March 27, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsSept 15 (Reuters) - The United Auto Workers union began unprecedented, simultaneous walkouts at General Motors (GM.N), Ford (F.N) and Chrysler parent Stellantis' (STLAM.MI) U.S. operations early on Friday after failing to reach pay deals with the automakers. These are the first plants where strikes are taking place:GMWentzville, Missouri assembly plantAbout 3,600 UAW membersProducts produced: Chevrolet Colorado and Express; GMC Canyon and SavannaFORDWayne, Michigan assembly plant, excluding stamping plantAbout 3,300 UAW membersProducts produced: Ford Ranger and BroncoSTELLANTISToledo, Ohio assembly plantAbout 5,800 UAW membersProducts produced: Jeep Wrangler and GladiatorCompiled by David Shepardson; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

Persons: Shawn Fain, Rebecca Cook, GM, Bronco STELLANTIS, David Shepardson, Jamie Freed Organizations: REUTERS, United Auto Workers, General Motors, Ford, Chrysler, GM Wentzville, Products, Chevrolet, Express, GMC, Thomson Locations: Detroit , Michigan, U.S, Missouri, Chevrolet Colorado, Savanna FORD Wayne , Michigan, Bronco STELLANTIS Toledo , Ohio

☆ Why Stellantis could face a longer strike than Ford or GM
▼ + stars: | 2023-09-15 | by ( John Rosevear | In Jrosevear | ) www.cnbc.com time to read: +2 min

The United Auto Workers labor union launched targeted strikes against the three Detroit automakers early Friday morning. It's the first time in history that the UAW has struck all three of the Detroit automakers at once. GM's Cadillac and Chevrolet brands had just 46 days' and 51 days' worth of vehicles, respectively; the Ford brand had 77 days' worth. Historically, the Detroit automakers have tended to have somewhat larger supplies on hand because their full-size pickups are offered in many different configurations. In contrast to the strike against Stellantis, the UAW's strike against Ford could be relatively brief.

Persons: Ford, Stellantis, GM's, Shawn Fain Organizations: United Auto Workers, Detroit, Ford Bronco, Chevrolet, UAW, Ford Motor, General Motors, Fiat Chrysler Automobiles, French, Peugeot, Cox Automotive, Ford, Detroit automakers, Stellantis, Ford's, Plant Locations: Chevrolet Colorado, U.S, Ford's Michigan, Wentzville , Missouri, Toledo , Ohio

☆ What industry experts, leaders say about the autoworkers' strike
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +7 min

SAM FIORANI, PRODUCTION FORECASTER AT AUTO FORECAST SOLUTIONS:"This is more of a symbolic strike than an actual damaging one ... DEMOCRATIC U.S. REPRESENTATIVE ELISSA SLOTKIN OF MICHIGAN:"I'm looking forward to joining our auto workers on the picket line this weekend. DONALD TRUMP, FORMER U.S. PRESIDENT:"The all Electric (car) is a disaster for both the United Auto Workers and the American Consumer. The targeted strike is intended to give UAW flexibility strike fund duration." SUZANNE CLARK, CEO OF US CHAMBER OF COMMERCE"The UAW strike and indeed the 'summer of strikes' is the natural result of the Biden administration's 'whole of government' approach to promoting unionization at all costs."

Persons: MARY BARRA, who's, we've, Shawn, Fain, DAN IVES, KOJI ENDO, LEE JAE, ARTHUR WHEATON, It's, ELISSA SLOTKIN, JAY TIMMONS, MONICA BOSIO, Stellantis, MARTINO, AMBROGGI, DONALD TRUMP, CHRIS MCNALLY, COLIN LANGAN, AT WELLS, PATRICK ANDERSON, JOHN MURPHY, Ford, ROBERT STREDA, DBRS, SUZANNE CLARK, Biden, Joseph White, David Shepardson, Trevor Hunnicutt, Peter Henderson, Heekyong Yang, Daniel Leussink, Giulio Piovaccari, Mehr Bedi, Medha Singh, Anne Marie Roantree, Jamie Freed, Savio D'Souza, Arun Koyyur Organizations: United Auto Workers, UAW, General Motors, Ford, Chrysler, Ford Bronco, Chevrolet, CNBC, GM, SBI, EUGENE, South, CORNELL SCHOOL, Company, DEMOCRATIC U.S, ELISSA SLOTKIN OF, NATIONAL ASSOCIATION, American Consumer, ISI, AT, Detroit, Thomson Locations: Chevrolet Colorado, Detroit, United States, ELISSA SLOTKIN OF MICHIGAN, China, Washington, San Francisco, Seoul, Tokyo, Milan, Bengaluru

☆ What people are saying about the US auto worker strike
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +3 min

Sept 15 (Reuters) - The United Auto Workers union launched simultaneous strikes at three factories owned by General Motors (GM.N), Ford (F.N) and Chrysler parent Stellantis (STLAM.MI) on Friday, kicking off the most ambitious U.S. industrial labor action in decades. "I’m looking forward to joining our auto workers on the picket line this weekend. For the sake of Michigan’s economy and our working families, I hope this strike is short-lived. "American families are already feeling economic pressures from near-record-high inflation, and this will only inflict more pain. We urge a swift resolution to end this strike and avoid further undermining the strength of our industry and harming our broader economy."

Persons: ELISSA SLOTKIN, we’ve, ” JAY TIMMONS, DEBBIE STABENOW OF, Joseph White, David Shepardson, Trevor Hunnicutt, Peter Henderson, Anne Marie Roantree, Jamie Freed Organizations: United Auto Workers, General Motors, Ford, Chrysler, Ford Bronco, Chevrolet, UAW, Company, DEMOCRATIC U.S, ELISSA SLOTKIN OF, NATIONAL ASSOCIATION, ”, Thomson Locations: Chevrolet Colorado, ELISSA SLOTKIN OF MICHIGAN, China, Detroit, DEBBIE STABENOW OF MICHIGAN, Washington, San Francisco

☆ Biden says record profits should ensure record contracts as UAW strikes Ford, GM and Stellantis plants
▼ + stars: | 2023-09-15 | by ( Emma Kinery | ) www.cnbc.com time to read: +1 min

WASHINGTON — President Joe Biden said Friday that workers should be fairly compensated as auto companies make record profits, after the United Auto Workers union began a strike against General Motors, Ford Motor and Stellantis. "But I believe they should go further to ensure record corporate profits mean record contracts for the UAW." "Auto companies have seen record profits including the last few years because of the extraordinary skill and sacrifices of the UAW workers," Biden said. "Those record profits have not been shared fairly, in my view, with the workers." "We agree with Joe Biden when he says 'record profits mean record contracts,'" Fain said.

Persons: Joe Biden, Biden, Julie Su, Gene Sperling, Shawn Fain, Fain Organizations: WASHINGTON, United Auto Workers, General Motors, Ford Motor, White, UAW, White House, Auto, Workers, Ford Locations: Detroit, Wentzville , Missouri, Wayne , Michigan, Toledo , Ohio

[1/3] United Auto Workers union President Shawn Fain joins UAW members who are on a strike, on the picket line at the Ford Michigan Assembly Plant in Wayne, Michigan, U.S., September 15, 2023. But UAW President Fain has said Ford could have funded better pay and benefits for workers if it curtailed stock buybacks and dividends to shareholders. Full-time Ford employee Robert Murphy, 53, said he was bothered that some workers get half the pay of others doing similar jobs. The strike is ambitious in taking on three automakers at once, but strategic in that keeping most factories running preserves workers' strike fund. Shortly after, one supporter of plant workers, a 38-year GM veteran who declined to give his name, said he did not think the industrial action would stop until the automakers gave into the union demands.

Persons: Shawn Fain, Rebecca Cook, Eric Mullins, Jim Farley, Ford, Fain, Robert Murphy, Murphy, ” Murphy, Eric Cox, Kevin Krolicki, Jamie Freed, Peter Henderson, Clarence Fernandez, Nick Zieminski Organizations: United Auto Workers, Ford Michigan Assembly Plant, REUTERS, General Motors, Chrysler, Ford’s, Plant, UAW, Ford, Thomson Locations: Wayne , Michigan, U.S, WAYNE , Michigan, Detroit

☆ Trump criticizes UAW leadership amid strike, warns autoworkers' jobs are moving to China
▼ + stars: | 2023-09-15 | by ( Amanda Macias | ) www.cnbc.com time to read: +4 min

"The autoworkers will not have any jobs, Kristen, because all of these cars are going to be made in China. The electric cars, automatically, are going to be made in China," Trump told NBC News' Kristen Welker in an exclusive, wide-ranging interview set to air Sunday on "Meet the Press." "The autoworkers are being sold down the river by their leadership, and their leadership should endorse Trump," added the frontrunner for the Republican presidential nomination. The strike marked the first time the United Auto Workers union targeted the three automaker titans simultaneously. Read more: Why the United Auto Workers want big raises Trump specifically criticized UAW President Shawn Fain.

Persons: Donald Trump, Kristen Welker, Kristen, Trump, autoworkers, Read, Shawn Fain, he's, Fain, Joe Biden, Matthew Hatcher, Biden, Xi Jinping Organizations: GM, NBC News, Press, WASHINGTON —, United Auto Workers, General Motors, Ford, NBC, Republican, SAIC General Motors Co, automaker titans, Workers, Trump, UAW, Ford Assembly Plant, AFP, Getty, White, U.S, China Locations: China, Wuhan, Wentzville , Missouri, Wayne , Michigan, Toledo , Ohio, Washington, Beijing

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