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☆ Ford makes new offer in US labor dispute, GM furloughs more workers
▼ + stars: | 2023-10-03 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

The Dearborn, Michigan automaker said the new offer boosted wages for temporary workers, increased company 401(k) contributions and had further shrunk time needed to get to the top wage rate. UAW President Shawn Fain on Friday expanded the first-ever simultaneous strike against the Detroit Three to a GM Lansing, Michigan, plant and a Ford Chicago assembly plant, but Stellantis was spared after last-minute concessions. The UAW said on Monday it presented a new contract offer to General Motors (GM.N). Earlier Tuesday, GM said it furloughed 163 UAW workers at GM’s Toledo Propulsion Systems plant that makes transmissions for both the automaker's Missouri and Lansing Delta Township assembly plants that are on strike. On Monday, GM and Ford said they laid off another 500 workers at four Midwestern plants because of the impact of the strike.

Persons: Shawn Fain, Stellantis, Ford, Jim Farley, David Shepardson, Matthew Lewis, Chris Reese Organizations: Ford, United Auto Workers, UAW, Detroit, General Motors, GM, Chrysler, Propulsion Systems, Anderson Economic, Thomson Locations: Dearborn, Michigan, Lansing , Michigan, Ford Chicago, Missouri, Lansing Delta, Kansas, Ohio, Indiana, Washington

UAW President Shawn Fain has transformed the rituals of contract talks with General Motors(GM.N), Ford(F.N) and Chrysler parent Stellantis (STLAM.MI) into a high-stakes, made-for-media game. GM and Ford said Monday they were indefinitely laying off another 500 workers at four Midwestern plants, citing the impact of the walkouts. Analysts looking ahead to third-quarter financial results this month are starting to reckon the costs of what the UAW calls "Stand up strikes." Ford plans four EV battery plants in the U.S. - three under joint ventures with South Korean battery maker SK On(096770.KS). GM's joint venture battery plants also have separate status and GM has declined to include them in negotiations.

Persons: Shawn Fain, Mack Trucks, Ford, JP Morgan, Fain, Harley Shaiken, Mary Barra, Jim Farley, Farley, CATL, GM's, . Company bargainers, Joseph White, Ben Klayman, David Shepardson, David Gregorio Our Organizations: DETROIT, United Auto Workers, Detroit Three, UAW, General Motors, Ford, Chrysler, Volvo Group, GM, Chevrolet, University of California Berkley, automaker's, automaker's Michigan Assembly, SK, . Company, ”, Thomson Locations: Escalade, automaker's Michigan, U.S, Korean, Marshall , Michigan

☆ GM, Ford furlough another 500 workers due to UAW strike
▼ + stars: | 2023-10-02 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsOct 2 (Reuters) - General Motors (GM.N) and Ford Motor (F.N) on Monday said they are laying off another 500 workers at four Midwestern plants because of the impact on some of the facilities of the United Auto Workers strike in its 18th day. Ford said last month it temporarily laid off about 600 workers at a Michigan auto plant because of the strike. UAW President Shawn Fain on Friday expanded the first-ever simultaneous strike against the Detroit Three to a GM Lansing, Michigan plant and a Ford Chicago assembly plant, but Stellantis was spared after last-minute concessions. The GM and Ford CEOs on Friday blasted the UAW, hours after the union escalated the strike.

Persons: Rebecca Cook, Ford, GM's, Stellantis, Shawn Fain, Mack Trucks, David Shepardson, Bernadette Baum, David Gregorio, Bill Berkrot Organizations: United Auto Workers, UAW, General Motors Lansing Delta Plant, Michigan U.S, REUTERS, General Motors, Ford, GM, Chrysler, Ohio Metal Center, Marion , Indiana Metal Center, Buick Enclave, Chevrolet Traverse, Detroit, Volvo, JPMorgan, Anderson Economic Group, Thomson Locations: Delta Township, Michigan, Chicago, Lima , Ohio, Parma, Marion ,, GM's Lansing Delta, GM's Missouri, Fairfax , Kansas, Ohio, Indiana, Lansing , Michigan, Ford Chicago

☆ GM furloughs another 160 workers due to UAW strike
▼ + stars: | 2023-10-02 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

Striking United Auto Workers (UAW) members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan U.S. September 29, 2023. REUTERS/Rebecca Cook/File Photo Acquire Licensing RightsOct 2 (Reuters) - General Motors (GM.N) said Monday it was indefinitely laying off about 160 workers at plants in Indiana and Ohio because of the impact of the United Auto Workers strike on some facilities. The UAW on Friday said it would strike at GM's Lansing Delta Township assembly plant that makes the Buick Enclave and Chevrolet Traverse SUVs after previously striking at GM's Missouri assembly plant and 18 parts distribution centers. The new GM furloughs include 130 at its Parma, Ohio Metal Center and 34 at its Marion, Indiana Metal Center. The UAW strike on Monday was entering its 18th day after the chief executives of GM and Ford blasted the UAW on Friday, hours after the union escalated the strike.

Persons: Rebecca Cook, Shawn Fain, Mary Barra, Jim Farley, David Shepardson, Ed Osmond, Bernadette Baum Organizations: United Auto Workers, UAW, General Motors Lansing Delta Plant, Michigan U.S, REUTERS, General Motors, Buick Enclave, Chevrolet Traverse, Detroit automaker, GM, Ohio Metal Center, Marion , Indiana Metal Center, Detroit, Ford, Chrysler, JPMorgan, Thomson Locations: Delta Township, Michigan, Indiana and Ohio, GM's Lansing Delta, GM's Missouri, Fairfax , Kansas, Parma, Marion ,, Lansing, Chicago

☆ CNBC Daily Open: Oversold in September, bounce in October?
▼ + stars: | 2023-10-02 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022. This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Auto strikes expandThe United Auto Workers union expanded its strikes Friday, halting work at another Ford plant and an additional GM Plant. And September's jobs report will be released Friday, showing if the jobs market is still tight, as recent data on jobless claims have suggested.

Persons: Europe's, Stellantis, Shawn Fain Organizations: New York Stock Exchange, CNBC, Nasdaq, PCE, U.S, Senate, Auto, United Auto Workers, Labor, Survey Locations: New York, U.S, Russia

☆ UAW strike chaos isn't all good news for Tesla
▼ + stars: | 2023-10-01 | by ( Tim Levin | Nora Naughton | ) www.businessinsider.com time to read: +5 min

Big gains in the UAW strike could bolster another organizing drive at Tesla. The UAW is looking to remake its reputation among auto workers. AdvertisementAdvertisementA new contract could spur union attempts elsewhereThe UAW strike comes amid a rejuvenated labor movement post-Covid, and after a summer jam-packed with union activism. About 54% of Americans support the UAW strike, according to a recent Morning Consult poll. AdvertisementAdvertisementOrganizing at Tesla still won't be easySome Tesla workers are in the early stages of forming a union, a UAW official told The New York Times.

Persons: —, Elon Musk's Tesla, they're, Arthur Wheaton, Tesla, Shawn Fain, paydays, Fain, Jake Rosenfeld, Louis, Kate Andrias, Andrias, Rosenfeld, Musk, backpay Organizations: UAW, Volkswagen, Honda, Toyota, Service, General Motors, Ford, Elon, United Auto Workers, GM, Cornell University, Detroit, Washington University, Columbia University, New York Times, EV, National Labor Relations Board Locations: Wheaton, Illinois, Michigan, St, New York , California , Nevada, Texas

[1/2]Striking United Auto Workers (UAW) union workers picket outside the Ford Michigan Assembly Plant in Wayne, Michigan, U.S., September 23, 2023. Workers went on strike on Sept. 15 at one plant each from GM, Ford and Stellantis. The union escalated on Sept. 22, when workers walked off the job at GM and Stellantis distribution facilities in 20 states nationwide. UAW workers also are threatening to walk off the job at heavy truck maker Mack Trucks on Sunday, and at three Detroit casinos. A UAW strike has shut down a plant that builds axles for Mercedes-Benz's Alabama vehicle factory.

Persons: Shawn Fain, Fain, Stellantis, Mary Barra, Jim Farley, Farley, Joe Biden, Barra, Sam Fiorani, Ford, Nalio Chery, Arthur Wheaton, Mack Trucks, David Shepardson, Joseph White, Ben Klayman, Abhirup Roy, Bianca Flowers, Shivansh, Abhijith G, Peter Henderson, Nick Zieminski, David Gregorio, Jonathan Oatis Organizations: UAW, Lansing , Michigan Ford, GM, Ford, United Auto Workers, Detroit, Chrysler, Mack Trucks, AutoForecast Solutions, Ford Michigan Assembly Plant, REUTERS, Workers, Ford Explorer, Lincoln Aviator, Traverse, Buick, Marshall, Cornell University, Mercedes, Reuters, Thomson Locations: Chicago, Lansing , Michigan, DETROIT, Barra, Detroit, Wayne , Michigan, U.S, Dieu, Lansing, Michigan, Marshall , Michigan, Alabama

☆ Ford CEO says UAW holding labor deal 'hostage' over fate of battery plants
▼ + stars: | 2023-09-29 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

"The UAW is holding the deal hostage over battery plants," Farley said, and claimed a "bad deal" could threaten financial viability of some U.S. vehicle production. On Monday, Ford said it had paused work on its $3.5 billion Marshall, Michigan battery plant that will use technology licensed from Chinese battery company CATL (300750.SZ), citing concerns about its ability to operate competitively. In 2022, Congress passed the Inflation Reduction Act (IRA) barring $7,500 in future consumer EV tax credits if any battery components are manufactured or assembled by a "foreign entity of concern." Ford is awaiting guidance to determine if batteries produced by the Marshall plant would meet the requirements. Republican lawmakers have been probing Ford's battery plant plan for months over concerns it could send U.S. tax subsidies to China and leave Ford dependent on Chinese technology.

Persons: Jim Farley, Rebecca Cook, Farley, Shawn Fain, Ford, Marshall, Janet Yellen, Jennifer Granholm, David Shepardson, Chris Reese, David Gregorio Our Organizations: Ford Motor, North American, REUTERS, Rights, Ford, United Auto Workers, U.S . Treasury, UAW, Energy, Republican, Thomson Locations: Detroit , Michigan, U.S, Michigan, Marshall, China

“I don’t know why Jim Farley is lying about the state of negotiations," Fain said in a statement responding to the Ford CEO. The UAW wants those workers represented by the union and paid the highest-tier wages. Workers went on strike on Sept. 15 at one plant each from GM, Ford and Stellantis. UAW workers are threatening to walk off the job at heavy truck maker Mack Trucks on Sunday, and at three Detroit casinos. A UAW strike has shut down a plant that builds axles for Mercedes-Benz's Alabama vehicle factory.

Persons: Jim Farley, Shawn Fain, Stellantis, Fain, Sam Fiorani, Joe Biden, Ford, Farley, Arthur Wheaton, Mack Trucks, Silverados, David Shepardson, Joseph White, Ben Klayman, Abhirup Roy, Bianca Flowers, Shivansh, Abhijith G, Peter Henderson, Nick Zieminski, David Gregorio, Jonathan Oatis Organizations: UAW, Lansing , Michigan Ford, Ford, United Auto Workers, Detroit, Chrysler, Mack Trucks, AutoForecast Solutions, Workers, Ford Explorer, Lincoln Aviator, Traverse, Buick, Marshall, General Motors, GM, Cornell University, Mercedes, Reuters, Thomson Locations: Chicago, Lansing , Michigan, DETROIT, U.S, Detroit, Lansing, Michigan, Marshall , Michigan, Alabama

☆ Explainer: UAW expands strike against GM, Ford in Week 3, spares Stellantis
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +4 min

Sept 29 (Reuters) - The United Auto Workers (UAW) union on Friday expanded its coordinated U.S. strike, this time targeting a plant at General Motors (GM.N) and Ford Motor (F.N) but refraining from an additional walkout from Chrysler parent Stellantis (STLAM.MI). The UAW, which represents 46,000 GM workers, 57,000 Ford employees and 43,000 Stellantis workers, kicked off negotiations with the companies in July. Contract talks between the UAW and the Detroit automakers in past years had gone on until the strike deadline and beyond. Talks between Ford and UAW negotiators stalled during the week after the two appeared to be close to an agreement, sources familiar with the development said. In fiscal 2019, GM's fourth-quarter profit took a $3.6 billion hit from a 40-day UAW strike.

Persons: Shawn Fain, Fain, Stellantis, GM's, Morgan Stanley, Adam Jonas, Tesla, Nathan Gomes, Abhijith G, Joseph White, Ben Klayman, David Shepardson, Sriraj Organizations: United Auto Workers, UAW, General Motors, Ford, Chrysler, Detroit Three, WHO, Detroit, Reuters, Ford Bronco, Chevrolet, Deutsche Bank, EV, Thomson Locations: U.S, Michigan , Ohio, Missouri, Chevrolet Colorado

"Despite our willingness to bargain Ford and GM have refused to make meaningful progress," Fain said in a video address Friday morning. It began on Sept. 15, when workers struck at one plant each from GM, Ford and Stellantis. The UAW did not strike at Ford distribution facilities last week, citing progress in talks with that company. Analysts estimate GM, Ford and Stellantis earn as much as $15,000 per vehicle on each of their respective large pickup truck models. The Ford assembly plant in Chicago builds the Ford Explorer and Lincoln Aviator SUVs, while the GM plant in Lansing makes the Chevy Traverse and Buick Enclave SUVs.

Persons: Shawn Fain, GM's, Fain, Stellantis, Friday Fain, Arthur Wheaton, Silverados, Sam Fiorani, Joe Biden, David Shepardson, Joseph White, Ben Klayman, Abhirup Roy, Peter Henderson, Nick Zieminski Organizations: DETROIT, United Auto Workers, General Motors, Ford, Chrysler, Detroit Three, GM, UAW, Detroit, Cornell's School of Industrial and Labor Relations, U.S, Workers, Stellantis, Strikers, AutoForecast Solutions, Ford Explorer, Lincoln Aviator, Traverse, Buick, Reuters, Thomson Locations: Chicago, GM's Lansing , Michigan, Stellantis, Marshall , Michigan, Milan, Detroit, Lansing

DETROIT, Sept 29 (Reuters) - The United Auto Workers are set to expand their strike of Detroit Three factories and walk off the job at General Motors (GM.N) and Ford (F.N), UAW president Shawn Fain said on Friday. "Despite our willingness to bargain Ford and GM have refused to make meaningful progress," Fain said in a video address Friday morning. It began on Sept. 15, when workers struck at one plant each from GM, Ford and Stellantis. The UAW did not strike at Ford distribution facilities, citing progress in talks with that company. Analysts estimate GM, Ford and Stellantis earn as much as $15,000 per vehicle on each of their respective large pickup truck models.

Persons: Shawn Fain, GM's, Fain, Stellantis, Ford, Silverados, Joe Biden, David Shepardson, Joseph White, Nick Zieminski Organizations: DETROIT, United Auto Workers, General Motors, Ford, UAW, GM, Detroit, Strikers, Reuters Graphics Reuters, Thomson Locations: Detroit, Chicago, GM's Lansing , Michigan, Stellantis, Milan

☆ UAW to expand strike at Ford and GM, Fain says
▼ + stars: | 2023-09-29 | by ( Chris Isidore | ) edition.cnn.com time to read: +3 min

New York CNN —The United Auto Workers union is expanding its strike to additional facilities of automakers Ford and GM, the UAW head said on Friday, adding that additional Stellantis members will not be called to go on strike. “We knew it was unlikely this was going to be quick,” Fain said on a livestreamed update. But, he said, “We’re excited about this momentum at Stellantis and hope it continues.”UAW President Shawn Fain said that Ford and GM have not made enough progress in meeting union demands, despite a strike that has gone on for 15 days. A week ago it added a series of 38 parts and distribution centers operated in 20 states by GM and Stellantis but did not expand the strike at Ford, saying that automaker had made significant progress in negotiations. As of noon Friday, there will be more than 25,000 UAW workers on strike, as Fain has called on an additional 7,000 members across Ford and GM to go on strike.

Persons: “, ” Fain, Shawn Fain, Ford, “ We’re, I’m, Fain, Joe Biden Organizations: New, New York CNN, United Auto Workers, Ford, GM, UAW, Chicago Assembly, Lincoln Aviator, Chevrolet Traverse, Buick Enclave, Chevy Silverado, Chrysler Locations: New York, Chicago, Lansing Delta, Michigan

☆ UAW President Shawn Fain: I don't know why Ford CEO is lying about the state of negotiations
▼ + stars: | 2023-09-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUAW President Shawn Fain: I don't know why Ford CEO is lying about the state of negotiationsCNBC's Phil LeBeau joins 'Closing Bell' to discuss the latest in the UAW strike negotiations.

Persons: Shawn Fain, Phil LeBeau Organizations: Ford, UAW

☆ United Airlines pilots approve new contract with up to 40% raises
▼ + stars: | 2023-09-29 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

United Airlines pilots approved a new contract with compensation increases of as much as 40.2% over the four-year contract, making the carrier the last of the three largest U.S. airlines to seal a deal with its aviators during an industry shortage. The deal is worth about $10 billion, according to the Air Line Pilots Association, the pilots' union. ALPA said on Friday that the new contract won 82% approval from the more than 97% of United pilots that voted on it. Delta Air Lines and American Airlines pilots approved new contracts earlier this year, also with big raises. Other unions are also pushing for improved pay and benefits, calling for strikes or potential strikes when negotiations fall short of demands.

Persons: ALPA, Shawn Fain Organizations: United Airlines, U.S, Air Line Pilots Association, United, Delta Air Lines, American Airlines, United Auto Workers, General Motors, Ford Motor

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Tesla is at the center of the UAW strikesThousands of workers are striking the big three Detroit auto manufacturers Ford, GM and Stellantis. The strikes are unlike any other in recent American auto history. Even United Auto Workers' president Shawn Fain calls the demands audacious. Legacy carmakers already struggle to compete with Tesla's manufacturing costs and selling price. So are Elon Musk and Tesla the strikes' big winners?

Persons: Tesla, Shawn Fain, carmakers, Elon Organizations: UAW, Detroit, Ford, GM, United Auto Workers

☆ UAW announces new strikes at GM and Ford plants, spares Stellantis citing 'momentum' in talks
▼ + stars: | 2023-09-29 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT – The United Auto Workers union will expand strikes against General Motors and Ford Motor to two U.S. assembly plants at noon ET, UAW President Shawn Fain said Friday. Fain said Chrysler-parent Stellantis was spared from additional strikes because of recent progress in negotiations with that company. "To restore the balance of power, we have to restore the strike," Fain said Friday, citing several other UAW strikes aside from the Detroit automakers. The UAW originally initiated work stoppages on Sept. 15 at three assembly plants — one each for the Detroit automakers. At that time, the UAW spared Ford from expanded strikes, citing progress in those negotiations.

Persons: Shawn Fain, Fain, Stellantis, Gerald Johnson, GM's Organizations: DETROIT, United Auto Workers, General Motors, Ford Motor, UAW, Chicago Assembly, Ford Explorer, Lincoln Aviator, Buick Enclave, Chevrolet, Chrysler, Detroit, GM, Ford, Detroit automakers Locations: Illinois, Lansing Delta, Michigan

DETROIT (AP) — The United Auto Workers union says its two-week strike against Detroit automakers will spread to 7,000 more workers at a Ford plant in Chicago and a General Motors assembly factory near Lansing, Michigan. Union President Shawn Fain told workers on a video appearance Friday that negotiations haven’t broken down but Ford and GM have refused to make meaningful progress. The GM plant in Delta Township, near Lansing, makes large crossover SUVs such as the Chevrolet Traverse and Buick Enclave. The Chicago Ford plant makes the Ford Explorer and Explorer Police Interceptors, as well as the Lincoln Aviator SUV. The union went on strike Sept. 15 when it couldn’t reach agreements on new contracts with the companies.

Persons: Shawn Fain, Stellantis, Fain, ” Fain, “ I’m, ”, Gerald Johnson, “, doesn’t, ” Johnson, Ford, ____ Koenig Organizations: DETROIT, United Auto Workers, Detroit, General Motors, Union, Ford, GM, Chevrolet Traverse, Buick, Chicago Ford, Ford Explorer, Explorer Police, Lincoln Aviator, Facebook, UAW Locations: Chicago, Lansing , Michigan, Delta Township, Lansing, Missouri , Ohio, Michigan, Dallas

☆ UAW expands strike at Ford and GM
▼ + stars: | 2023-09-29 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsUAW expands strike at Ford and GMPostedThe United Auto Workers walked off the job at two additional plants - one General Motors and one Ford - but the union spared Stellantis after last-minute concessions by the Chrysler parent, union president Shawn Fain said on Friday. This report produced by Freddie Joyner.

Persons: Stellantis, Shawn Fain, Freddie Joyner Organizations: UAW, Ford, GM, United Auto Workers, Motors, Chrysler

DETROIT, Sept 29 (Reuters) - United Auto Workers union President Shawn Fain is expected to launch walkouts at more Detroit Three auto factories Friday, barring last-minute progress in bargaining that has moved slowly since last week. Talks among the UAW and negotiators for the Detroit Three were described as "very active" by one person briefed on the situation. The union has shut one assembly plant at each of the Detroit Three, and 38 parts distribution centers at GM and Stellantis. However, strikes at these plants would have less impact as the models affected are either money-losers or substantially less profitable than the big pickups. The union launched its first walkouts on Sept. 15, with simultaneous strikes at one assembly plant at each automaker.

Persons: Shawn Fain, Fain, Silverados, Ram, Ford, Joe Biden, David Shepardson, Joseph White, Nick Zieminski Organizations: DETROIT, United Auto Workers, Detroit, UAW, Wall Street, Ford, General Motors, Strikers, GM, Reuters Graphics Reuters, Thomson Locations: Kentucky, Flint, Sterling Heights , Michigan, Warren , Michigan, Detroit, Italian, Kokomo , Indiana, Hamtramck, Spring Hill , Tennessee, Dearborn , Michigan

☆ UAW to expand strike at Ford, General Motors
▼ + stars: | 2023-09-29 | by ( ) www.reuters.com time to read: +1 min

[1/3] Jeep Cherokee SUV's and Ram trucks fill the parking lot at the Stellantis plant that was idled in February 2023, in Belvidere, Illinois, U.S., June 27, 2023. REUTERS/Bianca Flowers Acquire Licensing RightsSept 29 (Reuters) - The United Auto Workers (UAW) union will walk off the job at an additional plant at General Motors and at Ford, President Shawn Fain said on Friday, as the first-ever simultaneous strike against the Detroit Three automakers enters its third week. The UAW had been planning to announce a new strike at Stellantis NV (STLAM.MI), but the company called moments before the scheduled 10 a.m. address and made significant changes in its contract proposal, Fain said. The strike will expand to Ford's (F.N) Chicago assembly plant and GM's (GM.N) Lansing, Michigan, assembly plant, covering about 7,000 workers. Here is a timeline of events beginning with the election of the Fain in March:Reporting by Ananta Agarwal and Priyamvada C in Bengaluru; Editing by Arun Koyyur, Shailesh Kuber and Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

Persons: Bianca Flowers, Shawn Fain, Fain, Ananta Agarwal, Priyamvada, Arun Koyyur, Shailesh Organizations: REUTERS, United Auto Workers, UAW, General Motors, Ford, Detroit Three, Stellantis NV, Thomson Locations: Belvidere , Illinois, U.S, Chicago, Lansing , Michigan, Bengaluru

Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. DETROIT – The United Auto Workers union is holding up negotiations with Ford Motor over future electric vehicle battery plants, Ford CEO Jim Farley claimed during a press briefing Friday. "I believe we could have reached a compromise on pay and benefits but so far the UAW is holding the deal hostage over battery plants," he said after the UAW announced it would expand strikes to two additional assembly plants — one each for Ford and General Motors. Farley's public criticism of the union is uncharacteristic for Ford, which is historically viewed as the most union-friendly company of the Detroit automakers. Farley said the company isn't "at an impasse" with the union but warned that day "could come if this continues."

Persons: Jim Farley, Farley, Shawn Fain, hasn't, haven't, Fain Organizations: United Auto Workers, Plant, DETROIT –, Ford Motor, Ford, UAW, General Motors, Detroit automakers, Farley Locations: Michigan, Wayne , Michigan

☆ GM reportedly slammed Ford over its plan to use Chinese battery technology in EVs
▼ + stars: | 2023-09-28 | by ( Hayley Peterson | Nora Naughton | ) www.businessinsider.com time to read: +4 min

General Motors and Ford appear to be feuding over the use of Chinese battery technology in electric cars. AdvertisementAdvertisementGeneral Motors and Ford appear to be at odds over the use of Chinese battery technology in electric cars. It's not clear yet whether that means Ford's use of Chinese battery tech will disqualify some of its cars. China at the bargaining tableFord halted construction on a new battery plant in Michigan this week as Republican lawmakers apply more scrutiny to the company's ties to a Chinese battery maker. When Ford announced the $3.5 billion EV battery plant earlier this year, the company said it would be contracting battery technology from China's Contemporary Amperex Technology Co. Ltd., or CATL.

Persons: —, Mary Barra, GM's, Jim Farley, Biden, what's, We're Ford, Chris Smith, Ford, GM didn't, T.R, Reid, Shawn Fain, Fain Organizations: Motors, Ford, GM, Service, Wall Street Journal, Ford Motor, EVs, Amperex Technology, . Ltd, Bloomberg, United Auto Workers, Detroit, UAW Locations: China, America, Michigan, Marshall , Michigan, Dearborn , Michigan

In this article FSTLAM-ITGM Follow your favorite stocks CREATE FREE ACCOUNTStriking members of the United Auto Workers (UAW) picket outside the GM's Willow Run Distribution Center, in Bellville, Wayne County, Michigan, U.S., September 26, 2023. ET Friday, barring substantial progress by in negotiations with General Motors, Ford Motor and Stellantis for contracts covering some 146,000 autoworkers. As of the Wednesday announcement, the UAW also hadn't put forth counter proposals to offers made by the automakers roughly a week earlier, the people said. About 18,300 workers, or roughly 12.5% of the UAW members covered by its contracts with the Detroit automakers, are currently on strike. On the picket linesIn recent days, union members on the picket lines have reported confrontations, intimidations with guns, hit-and-run vehicle accidents and vandalism of vehicles and company property.

Persons: Evelyn Hockstein, Shawn Fain, Fain, hadn't, Mary Barra, Stellantis, Jonah Furman, they've, Matthew Hatcher Organizations: United Auto Workers, UAW, Reuters DETROIT, Detroit automakers, General Motors, Ford Motor, GM, Mopar, Center, AFP, Getty Locations: Bellville, Wayne County , Michigan, U.S, Flint , Michigan, Center Line, Michigan

[1/4] Shawn Fain, President of the United Auto Workers (UAW) speaks as U.S. President Joe Biden joins striking members of the United Auto Workers (UAW) on the picket line outside the GM's Willow Run Distribution Center, in Belleville, Wayne County, Michigan, U.S., September 26, 2023. A union official confirmed the new proposal as talks remain active with Stellantis, General Motors (GM.N) and Ford Motor (F.N) in the strike's fourteenth day. UAW President Shawn Fain plans to disclose the union's next steps Friday at 10 a.m. Fain hosted U.S. President Joe Biden's historic visit to a union picket line on Tuesday. Stellantis last week indefinitely laid off more than 350 workers in Ohio and Indiana because of the strike impact.

Persons: Shawn Fain, Joe Biden, Evelyn, Fain, Joe Biden's, Stellantis, Ford, David Shepardson, Joe White, Chris Reese, Nick Zieminski Organizations: United Auto Workers, UAW, REUTERS, Chrysler, Detroit, General Motors, Ford, GM, Thomson Locations: Belleville, Wayne County , Michigan, U.S, Ohio, Indiana, Michigan, Kansas

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