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United Auto Workers President Shawn Fain addresses the audience during a rally in support of striking UAW members in Detroit, Michigan, U.S., September 15, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsNov 8 (Reuters) - United Auto Workers President Shawn Fain said on Wednesday the union will "pull out all stops" in working to organize non-union U.S. auto plants after winning new contracts with the Detroit Three automakers. In an video interview at the Reuters Events auto conference in Detroit, Fain said the UAW is aggressively working on its organizing plans. We're going to leverage every avenue we can and we're going to find creative ways to get to workers," Fain said. Fain said the UAW deserved credit for Toyota Motor (7203.T) decision's last week to raise the wages of nonunion U.S. factory workers.

Persons: Shawn Fain, Rebecca Cook, Fain, Joe Biden, decision's, Biden, David Shepardson, Joseph White, David Gregorio Our Organizations: United Auto Workers, REUTERS, U.S, Detroit Three, Chrysler, Reuters, UAW, Toyota Motor, Toyota, nonunion, Thomson Locations: Detroit , Michigan, U.S, Belvedere , Illinois, Detroit, Illinois

☆ ‘Eat the Rich’: How a Union Slogan Set Off a Merch Bonanza
▼ + stars: | 2023-11-07 | by ( Jacob Gallagher | ) www.wsj.com time to read: 1 min

The United Auto Workers union struck a landmark series of deals with some of the nation’s largest automakers in recent weeks. Photo: Rebecca Cook/ReutersA few weeks into the United Auto Workers strike, the union’s straight-shooting president, Shawn Fain, appeared on a video livestream to update his members on the progress of negotiations. Things weren’t going well, and Fain did not mince words. “I’ll tell it to you straight. The billionaires and company executives think us autoworkers are just dumb,” he said.

Persons: Rebecca Cook, Shawn Fain, Fain Organizations: United Auto Workers, Reuters

U.S. President Joe Biden delivers remarks on infrastructure during an event at the Amtrak maintenance facility in Bear, Delaware, U.S., November 6, 2023. REUTERS/Leah Millis/File Photo Acquire Licensing RightsWASHINGTON, Nov 7 (Reuters) - President Joe Biden on Thursday will meet with United Auto Workers President Shawn Fain and tout the decision of Chrysler-parent Stellantis to reopen a shuttered assembly plant in Belvidere, Illinois, a White House official said. Illinois Governor J.B. Pritzker will attend Thursday's event, where Biden will make remarks, the official said. The new Stellantis investments include $1.5 billion in the Toledo Jeep operations, including building an EV Jeep Wrangler in 2028. The UAW said Stellantis wanted to cut 5,000 jobs going into the talks.

Persons: Joe Biden, Leah Millis, Shawn Fain, Stellantis, Fain, Biden, White, J.B, Pritzker, David Shepardson, Nandita Bose, David Gregorio Our Organizations: Amtrak, REUTERS, Rights, United Auto Workers, Chrysler, White, UAW, Detroit Three, Illinois, Toledo Jeep, EV, Dodge, Jeep, Thomson Locations: Bear , Delaware, U.S, Belvidere , Illinois, Illinois, Michigan, Belvidere, Toledo, Detroit, Dodge Durango

WASHINGTON (AP) — President Joe Biden on Thursday will meet in Belvidere, Illinois, with the head of the United Auto Workers union, and the two leaders are expected to highlight plans to reopen an auto factory that Stellantis wanted to close. The White House announced in a statement Tuesday afternoon that during the visit, Biden will deliver remarks and meet with UAW members and the union's president, Shawn Fain. The contracts, if approved by 146,000 union members in the coming weeks, would dramatically raise pay for auto workers. J.B. Pritzker will also attend Thursday's meeting, the White House said. About 1,200 workers will be brought back to the idled plant and another 1,300 will be added at the battery factory.

Persons: Joe Biden, Stellantis, Biden, Shawn Fain, Fain, J.B, Pritzker Organizations: WASHINGTON, United Auto Workers union, White House, UAW, Motors, Ford, Dodge, Stellantis, Democratic, Illinois Gov Locations: Belvidere , Illinois, Belvidere

☆ Tesla is giving staff at its Berlin Gigafactory a raise, report says, as the auto industry battles growing worker discontent
▼ + stars: | 2023-11-06 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Tesla is giving 11,000 staff at its Berlin Gigafactory a 4% pay rise, per the WSJ. Tesla workers in Sweden are already on strike, while the UAW wants to recruit members. AdvertisementAdvertisementTesla is giving workers at its Berlin Gigafactory a pay rise as unions eye the EV manufacturer, The Wall Street Journal reported. But the pay rise also comes at a shaky time for Tesla management. AdvertisementAdvertisementLast month, IG Metall said union signups from Tesla workers had surged, and accused the company of failing to follow health and safety protocol.

Persons: Tesla, —, Elon Musk's, Rishi Sunak, IG, Metall, Shawn Fain Organizations: UAW, Service, Street Journal, The, AI, British, Reuters, Germany's, United Auto Workers, Detroit, General Motors . ", Tesla, Toyota, Honda, CNBC Locations: Berlin, Sweden

☆ Premarket stocks: How Goldman Sachs is navigating a more turbulent world
▼ + stars: | 2023-11-06 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +11 min

Jared Cohen: If you reflect back on most of the last 20 years, the geopolitical center of gravity has been in the Middle East. But there’s a paradigmatic shift where the geopolitical center of gravity has moved from the Middle East to Washington and Beijing. That’s before you get into other factors like the war in Europe, now, the war in the Middle East and a variety of other things. I don’t think that’s the case. Leaders in the Middle East have a big vision of their role in the world.

Persons: Goldman Sachs, won’t, Goldman, Bell, Jared Cohen, Cohen, they’re, They’ve, it’s, They’re, Bill Ackman, ”, Ackman, Claudine Gay, “, Lawrence Summers, Clinton, ” Summers, Chris Isidore, Shawn Fain Organizations: CNN Business, Bell, New York CNN, Goldman Sachs Global Institute, Applied Innovation, Global Affairs, Google, Harvard, Harvard University, Israel, Pershing Square Capital Management, “ Harvard, Civil, CNN, UAW, United Auto Workers, General Motors, Ford Locations: New York, China, Europe, East, Washington, Beijing, Taiwan, South China, Israel

[1/2] United Auto Workers President Shawn Fain greets workers at the Stellantis Sterling Heights Assembly Plant, to mark the beginning of contract negotiations in Sterling Heights, Michigan, U.S. July 12, 2023. The UAW released more details of its tentative 4-1/2 year deal with GM <on Saturday. Temporary workers will have a faster path to full-time status and could see wages rise by about 50% immediately. The GM agreement will move more than 7,000 UAW workers in GM component plants, service parts warehouses and what GM calls "subsystems" operations up to the higher wage levels paid to assembly plant workers. "This contract has wage increases and economic gains like nothing we've ever seen before," UAW Vice President Mike Booth said.

Persons: Shawn Fain, Rebecca Cook, Mike Booth, Fain, Joe White, Ben Klayman, Matthew Lewis Organizations: United Auto Workers, Sterling Heights Assembly, REUTERS, Rights DETROIT, General Motors, UAW, GM, Detroit, Ford, Chrysler, Auto, Toyota, Honda, Volkswagen, Hyundai, Tesla, Thomson Locations: Sterling Heights, Sterling Heights , Michigan, U.S, Lordstown , Ohio, Orion, Michigan, Spring Hill , Tennessee, Detroit, Bengaluru

Gene Sperling, the White House liaison for the strike talks, was in daily contact with executives at the UAW and the three automakers. By that point, there was enough trust that the misunderstanding did little from the White House perspective to hurt the relationship. The UAW president declined to endorse the president who had engaged in the historic outreach. So as I said we’ll do that when it’s time.”Still, the White House saw itself as building trust with the UAW as the talks progressed. As soon as a tentative agreement was in place, Barra told the gathered negotiators that she needed to text the White House.

Persons: Joe Biden, Shawn Fain, Biden, Fain, Gene Sperling, Sperling, We’re, Donald Trump, “ I’m, ” Biden, ”, Julie Su, Su, umbrage, “, ” Fain, “ We’ll, Ford, Stellantis, Mary Barra, Barra, Tom Krisher Organizations: WASHINGTON, United Auto Workers, General Motors, UAW, GM, Ford, Chrysler, Democratic, White, Democratic White Houses, Associated Press, Democrats, AP VoteCast, Republican, Labor, Biden, AP Locations: Delaware, Michigan, Pennsylvania, Wisconsin, Detroit

☆ The UAW is already looking ahead to its next auto strike
▼ + stars: | 2023-11-04 | by ( Manav Tanneeru | Chris Isidore | ) edition.cnn.com time to read: +6 min

New York CNN —Members of the United Auto Workers union are back on the job at General Motors, Ford and Stellantis. They can’t go on strike in sympathy with another union’s strike, and they can’t wage a strike over political issues, such as a change in government policy. The Teamsters and the UAW also both have members now on strike against a group of casinos in Detroit. The significance of May 1The date Fain sees for this collective, coordinated strike is May 1, 2028, or May Day, which is also International Workers Day. That is celebrated as a Labor Day in many other countries, but rarely in the United States, which is where its historical roots are.

Persons: Shawn Fain, ”, Todd Vachon, Taft, Harry Truman, Vachon, Fain, expirations, Kate Bronfenbrenner, “, ‘, “ He’s, Bronfenbrenner, McCarthy, ” Fain Organizations: New, New York CNN, United Auto Workers, General Motors, Ford, UAW, Rutgers University, US Department of Labor, Teamsters ’, UPS, Labor Education Research, Cornell University, Kaiser Permanente, Teamsters, Workers, Labor, Unions Locations: New York, Europe, United States, France, Detroit, “

John J. Kim | Tribune News Service | Getty ImagesDETROIT – United Auto Workers President Shawn Fain wants to expand the union's battle from the Detroit automakers to Tesla , Toyota Motor and other non-unionized automakers operating in the U.S. The UAW has previously failed to organize foreign-based automakers in the U.S. The UAW has previously discussed organizing Tesla's Fremont plant in California with little to no traction in those efforts. "Workers at Tesla, Toyota, Honda, and others are not the enemy — they're the UAW members of the future," Fain said. UAW President Shawn Fain marches with UAW members through downtown Detroit after a rally in support of United Auto Workers members as they strike the Big Three auto makers on September 15, 2023 in Detroit, Michigan.

Persons: Shawn Fain, John J, Kim, We've, Fain, Stellantis, we've, Ford, Bill Ford, Toyota Fain, Bill Pugliano, Tesla, Elon Musk, Musk, Tom Williams Organizations: United Auto Workers, UAW, Tribune, Service, Getty, DETROIT, Detroit, Tesla, Toyota Motor, U.S, General Motors, Ford Motor, Chrysler, Volkswagen, Nissan, GM, Ford, American, . ", Toyota, Honda, Bloomberg News, Bloomberg, CNBC, Cq, Inc Locations: Chicago, U.S, Fremont, California, Kentucky, Detroit, Detroit , Michigan, Fremont , California

☆ How the UAW's drive to 'end tiers' will change GM
▼ + stars: | 2023-11-03 | by ( ) www.reuters.com time to read: +3 min

The tentative 4-1/2 year deal will pull more than 7,000 UAW workers in GM component plants, service parts warehouses and what GM calls "subsystems" operations up to the higher wage levels paid to assembly plant workers. As at Ford and Stellantis, GM will raise pay for temporary workers and give them a faster path to full-time status and wages. Eliminating tiers of lower-paid UAW workers at the Detroit Three was a top priority for Fain and UAW bargainers. Fain and UAW members would often wear red t-shirts printed with the slogan "End Tiers" at rallies and on picket lines. GM "has been the worst actor" in creating tiers of lower-wage UAW employees within its operations, Booth said in an Oct. 20 video address.

Persons: Shawn Fain, Rebecca Cook, Shawn Fain's, Fain, Mike Booth, Booth, Joe White, Peter Henderson, Josie Kao Organizations: United Auto Workers, REUTERS, Rights DETROIT, General Motors, UAW, GM, Workers, Holdings, Ford, Tesla, Detroit, automaker . Workers, Thomson Locations: Detroit , Michigan, U.S, , Ohio, Stellantis .

He said the UAW's new contracts were so good they had even led to nonunion auto workers getting raises. Honda (7267.T) told Reuters it was evaluating the recent UAW deals with the Detroit Three automakers and would remain competitive. "If (Toyota workers) come calling, which they have, we're going to educate them and be there for them," Smith told Reuters. Toyota's move earlier this week to raise wages is in line with the strategy the Japanese automaker and other nonunion automakers have used to keep UAW organizers at bay. Nonunion automakers have kept hourly wages close to the UAW rates at the Detroit Three.

Persons: Shawn Fain, Fain, It'll, Tim Smith, Smith, Elon Musk, Toyota's, Joseph White, David Shepardson, Lisa Baertlein, Ben Klayman, Matthew Lewis, Jamie Freed Organizations: DETROIT, United Auto Workers, Detroit, Toyota, UAW, nonunion, Honda, Reuters, Detroit Three, General Motors, Ford, Louisville Assembly, GM, National Labor Relations Board, NLRB, Tesla, Thomson Locations: WASHINGTON, U.S, United States, Georgetown , Kentucky, Louisville, Tesla's Fremont , California, Fremont, Detroit, Washington, Los Angeles

☆ Stellantis to give big raises, invest billions in UAW deal
▼ + stars: | 2023-11-02 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

Stellantis declined to comment, saying it would wait for workers to vote first before discussing the deal. Stellantis will also offer $50,000 buyouts in 2024 and 2026 to UAW production workers, allowing it to cut costs by hiring fresh workers who start at lower wages. The UAW said the Stellantis investment commitments total about $19 billion, but that includes some previously announced plans. Stellantis has slightly longer than rival Ford to convert current temporary workers to permanent employees. That is on top of the $5,000 bonus hourly workers will get on ratification along with an 11% immediate pay hike.

Persons: Shawn Fain, Joe Biden, Stellantis, Ford, David Shepardson, Paul Lienert, Chris Reese, Diane Craft, Jamie Freed Organizations: United Auto Workers, UAW, Chrysler, U.S, Ford, Toledo Jeep, EV, Dodge, Jeep, General Motors, Thomson Locations: Belleville, Wayne County , Michigan, U.S, Illinois, Belvidere , Illinois, Belvidere, Toledo, Michigan, Detroit, Dodge Durango, North America, Washington

DETROIT (AP) — Autoworkers at the first Ford factory to go on strike have voted overwhelmingly in favor of a tentative contract agreement reached with the company. About 3,300 United Auto Workers union members went on strike at the plant Sept. 15 after the union's contract with Ford expired. They remained on the picket lines until Oct. 25, when the union announced the tentative deal with Ford. Production workers voted 81% to ratify the deal, while skilled trades workers voted 90% in favor. At its peak 46,000 union members had gone on strike at eight assembly plants and 38 parts warehouses across the nation.

Persons: — Autoworkers, Shawn Fain, Rich Boyer, Fain, Boyer, ”, “, ” Masters Organizations: DETROIT, Ford, Michigan, Plant, United Auto Workers, Ford ., Local, UAW, General Motors, GM, Wayne State University, . Workers, Detroit Locations: Wayne , Michigan, Detroit

☆ UAW-Stellantis deal includes $18.9 billion in investments, new truck for idled plant
▼ + stars: | 2023-11-02 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

The investments are expected to be completed during the term of the 4½-year tentative agreement, which must still be ratified by the roughly 43,000 UAW members covered by the proposed contract at Stellantis. The tentative labor agreement was reached Saturday after roughly six weeks of targeted strikes by the union against Stellantis, General Motors and Ford Motor. The work stoppages began Sept. 15 after the sides failed to reach deals covering 146,000 UAW members with the automakers by a strike deadline. "For the first time in a long time, we've done the unthinkable: Reopened a plant," Fain said during an online broadcast Thursday, referring to the Belvidere plant, which was idled in February 2022. Heading into the talks, UAW Vice President Rich Boyer, who led the Stellantis talks, made product commitments a priority and stressed that the Belvidere plant was a make-or-break issue.

Persons: Randy Harvard, Stellantis, Shawn Fain, we've, Fain, Rich Boyer Organizations: United Auto Workers, DETROIT –, Chrysler, UAW, Stellantis, General Motors, Ford Motor Locations: Sterling Heights, Mich, DETROIT, U.S, Belvidere , Illinois, Stellantis, Belvidere

☆ Some Tesla workers say they'd never work in a unionized factory, even as Ford and GM workers are set to get a major pay boost
▼ + stars: | 2023-11-02 | by ( Grace Kay | ) www.businessinsider.com time to read: +7 min

While Elon Musk has spoken out against unions, a major Tesla factory reportedly has a UAW organizing committee that's speaking with workers. Some Tesla workers say they wouldn't join a unionized company and predicted the UAW would struggle to find footing at Tesla. AdvertisementAdvertisementThe United Auto Workers might have set its sights on Tesla, but some workers at the EV company told Insider they'd be hard-pressed to join a union. Even before the 36-day strike, Ford and GM already spent over $20 more per hour on factory workers than Tesla, according to analysts. Still, other workers told Insider they wouldn't jump ship even for a better pay package at a unionized company.

Persons: Elon Musk, —, Shawn Fain, Tesla, Musk, they'd, Metall, Marquard, it's, you've, Fain, Elon Organizations: UAW, Tesla, Service, United Auto Workers, EV, Detroit automakers, Ford, General Motors, GM, Fremont, Elon Musk's, National Labor Relations Board, Buffalo New, NLRB, Bloomberg, Workers Locations: Fremont, California, Buffalo New York, rehire, company's Brandenburg, Tesla, Tesla's

☆ Toyota hikes wage of US factory workers after UAW labor deals
▼ + stars: | 2023-11-01 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Other nonunion logistics and service parts employees are getting wage hikes. The media and organizing project Labor Notes earlier reported the wage hikes and other details, citing a company document. The pay of production Toyota workers in Kentucky at top scale will rise by $2.94 to $34.80 an hour. Under the new tentative agreements with General Motors (GM.N), Ford Motor (F.N) and Stellantis (STLAM.MI), UAW workers will receive a wage hike of 11% upon ratification and 25% in wage hikes through April 2028. The UAW declined to comment on the Toyota wage hikes.

Persons: Johanna Geron, ” Chris Reynolds, Shawn Fain, Fain, David Shepardson, Chizu Nomiyama, Matthew Lewis Organizations: Toyota, REUTERS, United Auto Workers, Detroit Three, Labor, North, General Motors, Ford Motor, UAW, Ford, Volkswagen, Nissan, Detroit, Thomson Locations: Zaventem, Belgium, U.S, Kentucky, Washington

☆ The UAW won big against Detroit automakers. Unionizing Tesla and Toyota will be tougher
▼ + stars: | 2023-11-01 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +11 min

But the UAW’s ambitious plans to organize Tesla and other non-union automakers face steep odds. To grow, the UAW will need to gain a foothold at non-union automakers, which produce more than half of the cars assembled in the United States. Historically, UAW talks with the Detroit automakers have been closely watched by non-union automakers and suppliers. Anti-union companiesThe UAW will have to overcome weak protections for labor organizing in the United States and automakers’ aggressive tactics to defeat unions. It may be easier for UAW to organize Volkswagen and other European automakers like BMW and Mercedes-Benz than automakers from Asia, experts say.

Persons: Tesla, Shawn Fain, ”, Harry Katz, “, Thomas Kochan, Tesla's, Justin Sullivan, Bill Lee, Nikki Haley, Joe Biden, Kochan, ” Kochan, “ There’s, “ Fain, he’s, Harley Shaiken, Jesse Jackson, John J, Kim, Elon Musk, Musk, “ Tesla, ” Shaiken, Biden, Erica Smiley, Smiley, ‘ we’ve, won’t Organizations: New, New York CNN, United Auto Workers, Ford, General Motors, Jeep, Chrysler, Detroit automakers, UAW, American, Toyota, Hyundai, Honda, Volvo, Mercedes, BMW, Nissan, Volkswagen, Cornell University’s School of Industrial and Labor Relations, Labor, Companies, Employers, National Labor Relations Act, MIT Sloan School of Management, Getty, Workers, Benz, Tennessee Gov, Former South Carolina Gov, Environmental Defense Fund, Alabama, M University, Jackson State University, University of California, Berkley, Chicago Tribune, Tribune, Service, Tesla, National Labor Relations Board, Employees, Bloomberg, CNN, Biden Union, Union, Biden, Justice, Detroit Locations: New York, United States, California, Texas, Tesla's Fremont , California, Tennessee, Kentucky, Alabama, Volkswagen’s, Chattanooga, Michigan, Detroit, Chicago, Chattanooga , Tennessee, Asia, Europe, Tesla’s Fremont California, ”

☆ Three Young Activists Who Never Worked in an Auto Factory Helped Deliver Huge Win for the UAW
▼ + stars: | 2023-10-31 | by ( Nora Eckert | Mike Colias | ) www.wsj.com time to read: 1 min

In hard-nosed negotiations, the United Auto Workers in recent weeks shocked Detroit automakers with public swipes at CEO pay, a renewed focus on the rank-and-file and a bold plan for sudden strikes. The aggressive strategy was driven by a band of young outsiders—who have never clocked in a day of work at an auto factory. The three 30-something labor activists were brought in by new UAW President Shawn Fain to remake the union into a more independent, media savvy and creative challenger to car companies.

Persons: —, Shawn Fain Organizations: United Auto Workers, Detroit

☆ Winners and losers of the UAW talks with GM, Ford and Stellantis
▼ + stars: | 2023-10-31 | by ( Michael Wayland | ) www.cnbc.com time to read: +7 min

UAW President Shawn Fain warned of a more combative union heading into the talks, but not many, if anyone, expected the union to strategically outmaneuver the companies like it did, leading to record deals for 146,000 UAW members with GM, Ford Motor and Stellantis . UAW members must still vote to ratify the tentative agreements. 1, of course, are the UAW members," said Art Wheaton, a labor professor at The Worker Institute at Cornell University. Some winners, some losers: UAW membersBroadly speaking, the UAW members covered by the new deals are winners, however not everyone faced the financial toll of the union's strikes against the Detroit automakers. They may also be targets of increased organizing efforts by members seeking better wages like those for UAW members.

Persons: Joe Biden, Shawn Fain, Evelyn Hockstein, General Motors, Fain, Tesla, Wheaton, Shawn Fain Fain, they've, Marick, It's, Ford, John Lawler, Masters, I'm, Biden Organizations: United Auto Workers, Reuters DETROIT, General, Detroit, UAW, GM, Ford Motor, Worker Institute, Cornell University, Wayne State University, Ford, Deutsche Bank, Finance, Detroit automakers, Toyota, Hyundai, EVs Locations: Bellville , Michigan, U.S, Detroit, Michigan

☆ The auto strikes are probably — but not definitely — over. Here’s what comes next
▼ + stars: | 2023-10-31 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —The longest US auto strike in 25 years is nearly over. The United Auto Workers union announced a tentative agreement on a contract with General Motors Monday night. Typically when a union goes on strike, and then reaches a tentative deal, the workers don’t return to work until the ratification process is completed. The union hasn’t yet said why its 18,000 strikers are going back to work before the ratification process is conducted. Fewer senior union members who are not at top pay could see their pay increase by between 20% to 46%.

Persons: Stellantis, Mack Trucks, ‘, Shawn Fain, Fain Organizations: New, New York CNN, United Auto Workers, General Motors, Ford, UAW, GM, Chrysler, Teamsters, UPS Locations: New York, Stellantis, Spring Hill , Tennessee

Customers might assume that nonunion automakers, like Toyota, Tesla or Hyundai-Kia, will now be able to price their vehicles well below what the Detroit automakers can. “When the dust settles from this UAW debacle, the Detroit auto stalwarts find themselves with a bigger cost profile with competition increasing," said Dan Ives, an analyst at Wedbush. That means that competition for buyers is intensifying as pent-up demand from the pandemic wanes, making it difficult for any automaker to raise prices. But if the Detroit companies report lower income, Wall Street will register its disappointment, and stock prices could fall. “You either raise your labor costs to meet what the UAW is getting or you risk the unionization drive.”

Persons: Stellantis, ”, Jonathan Smoke, pare, Dan Ives, Natalie Knight, Ram, Knight, Smoke, Shawn Fain, Fain, Art Wheaton, wouldn’t, Wheaton, Tesla, ” Wheaton Organizations: DETROIT, United Auto Workers, Detroit’s, General Motors, Ford, Toyota, Hyundai, Kia, Detroit, GM, Cox Automotive, UAW, Chrysler, Jeep, Cox, automakers, Detroit automakers, Cornell University, U.S Locations: United States, U.S, Stellantis, Detroit

☆ UAW deal with Ford includes $8.1 billion in investments, $5,000 ratification bonuses
▼ + stars: | 2023-10-30 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. DETROIT – Local United Auto Workers union leaders approved a tentative agreement Sunday with Ford Motor that includes $8.1 billion in new plant investments by the company, $5,000 ratification bonuses and other economic gains such as 25% compounded wage increases and improved profit-sharing payments. The 4 ½-year tentative agreement, which was announced Wednesday, will now be rolled out to 57,000 UAW-Ford members for regional informational meetings and then voting, the union said Sunday. UAW leaders outlined some details of the tentative agreement last week but released the summary and more than 800-page contract Sunday after local union leaders approved it for member voting. The UAW announced a tentative deal Saturday with Stellantis, however, it has yet to reach a new agreement with GM, despite the sides being close to a deal last week.

Persons: Shawn Fain, Chuck Browning Organizations: United Auto Workers, Plant, DETROIT – Local United Auto Workers, Ford, UAW, General Motors, Chrysler, Stellantis, GM, Ohio Assembly, Louisville Assembly, Ford Expedition, Lincoln, Kansas, Kansas City Assembly Locations: Michigan, Wayne , Michigan, Kentucky, Kansas City

“We won things no one thought possible," UAW President Shawn Fain said when he announced the tentative agreement last week. More recently, Ford, GM and Stellantis were all offering 23% total pay increases. For historical comparison, the union said its workers saw pay increases of 23% for all the years from 2001 through 2022. SHORTER WORK WEEKThe UAW asked for a shorter work week — 40 hours of pay for 32 hours of work. RIGHT TO STRIKEThe union said it won the right to strike against any of the three companies over plant closures.

Persons: “, Shawn Fain, Ford's, Fain, Ford, ” Organizations: United Auto Workers, Ford, General Motors, GM, UAW, Ultium, LG Energy Locations: U.S, Michigan, Korea

☆ The auto workers union scored another major victory, reaching a pay deal with Stellantis that will lead to 1,200 workers getting rehired
▼ + stars: | 2023-10-30 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

The United Auto Workers announced Saturday it reached a tentative agreement with Stellantis. Stellantis would add 5,000 jobs after previously wanting to cut 5,000, including rehiring 1,200 workers. AdvertisementAdvertisementThree days after reaching a tentative agreement with Ford, the United Auto Workers announced Saturday it had also agreed a deal with Stellantis. Like the Ford deal, temporary workers are set to get the biggest wage increase, of more than two-and-a-half times. The tentative agreement means that General Motors is the last of the Big Three automakers to reach a deal with the union.

Persons: —, Stellantis, Shawn Fain, Rich Boyer, Fain Organizations: United Auto Workers, Stellantis, Service, Ford, UAW, Big, Bloomberg Locations: Belvidere, Plant, Illinois

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