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☆ I got stabbed while shopping for Instacart. I was shocked by how difficult it was to get support as an injured gig worker.
▼ + stars: | 2023-11-29 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

AdvertisementThis as-told-to story is based on a conversation with Owen Dwyer, an Instacart shopper in Maryland. Business Insider has verified his identity and employment; corroborated details of the stabbing through police records; and viewed messages from Instacart support and insurance claims Dwyer filed after he was stabbed. Instacart's insurance provider responded to Dwyer's second claim after Business Insider reached out to Instacart for comment on this story. Dwyer told Business Insider he had not received an estimated payment total as of press time. "The safety of the entire Instacart community is incredibly important to us, and we take immediate action when we receive reports of violence against any member of the Instacart community," an Instacart spokesperson told Business Insider.

Persons: Instacart, —, Owen Dwyer, Dwyer, I'd, doesn't, I'm, It's, I've, who've Organizations: Walmart, Service, Instacart, Chrysler, Costco, CVS, Business Locations: Maryland, Baltimore, pec, Instacart

☆ EVs struggle with reliability due to charging, battery issues - Consumer Reports survey
▼ + stars: | 2023-11-29 | by ( Nathan Gomes | ) www.reuters.com time to read: +2 min

On average, new EVs had 79% more problems than gasoline-powered vehicles, Consumer Reports' 2023 Annual Auto Reliability survey showed. "For the legacy automakers, (EVs) are really new technologies, so they don't have a lot of experience with batteries, charging and motors." Jake Fisher, senior director of Auto Testing at Consumer Reports, said in an interview with Reuters. Consumer Reports survey covers 20 problem areas including engine, electric motors, transmission and in-car electronics. "Even with monumental shifts in the auto marketplace, what matters most to consumers remains the same: finding safe, reliable cars," said Marta Tellado, President and CEO of Consumer Reports.

Persons: Albert Gea, Jake Fisher, Fisher, Elon, Stellantis, Marta Tellado, Nathan Gomes, Shweta Agarwal Organizations: REUTERS, Electric, Consumer, Auto Testing, Reuters, U.S, General Motors, Buick, Benz, Chrysler, Lexus, Toyota, Thomson Locations: Barcelona, Spain, U.S, North America, Bengaluru

A view of the sign of Signa Holding on their headquarters in Vienna, Austria, November 6, 2023. REUTERS/Leonhard Foeger/File Photo Acquire Licensing RightsVIENNA/FRANKFURT, Nov 29 (Reuters) - Property and retail giant Signa declared insolvency on Wednesday after last-ditch attempts to secure fresh funding failed, the biggest casualty so far of Europe's property crash. Signa blamed its problems on external factors affecting its property business and pressure on high-street shopping. Fuelled by low interest rates, billions were funneled into property, which was viewed as stable and safe. Weakness in commercial real estate in the United States as offices remain empty after the pandemic and the struggles of major property developers in China have focused global attention on the sector.

Persons: Leonhard Foeger, Rene Benko, Signa, Switzerland's Julius Baer, Hannes Moesenbacher, Matthias Inverardi, Rachel More, Madeline Chambers, Catherine Evans Organizations: Signa, REUTERS, Rights, Chrysler, Austria's Raiffeisen Bank, Thomson Locations: Vienna, Austria, FRANKFURT, Germany, Switzerland, Hamburg, Bavaria, Hesse, Europe's, United States, China

View of the construction site of the Elbtower building, owned by Rene Benko’s Signa and a Commerzbank subsidiary, in Hamburg Germany, November 2, 2023. On Friday, Signa Real Estate Management filed for insolvency in a local court in Berlin, according to a court filing. The real estate sector was a bedrock of Germany's economy for years, accounting for roughly a fifth of output and one in 10 jobs. Now a sharp rise in rates has put an end to the run, tipping some developers into insolvency as deals freeze and prices fall. Weakness in commercial real estate in the United States as offices remain empty after the pandemic and the struggles of major property developers in China have focused global attention on the sector.

Persons: Rene Benko’s Signa, Fabian Bimmer, Signa, Elliott, Rene Benko, Switzerland's Julius Baer, Hannes Moesenbacher, Matthias Inverardi, John O'Donnell, Miranda Murray, Sharon Singleton, Mark Potter Organizations: REUTERS, Rights, Elliott Investment Management, Chrysler, Estate Management, Austria's Raiffeisen Bank, Thomson Locations: Hamburg Germany, Austrian, Germany, Austria, Switzerland, Sweden, Berlin, Bavaria, Hesse, Hamburg, Europe's, United States, China

☆ Germany's Kuehne examines offer for Signa's Hamburg skyscraper, Handelsblatt reports
▼ + stars: | 2023-11-26 | by ( ) www.reuters.com time to read: +1 min

View of the construction site of the Elbtower building, owned by Rene Benko’s Signa and a Commerzbank subsidiary, in Hamburg Germany, November 2, 2023. REUTERS/Fabian Bimmer/File Photo Acquire Licensing RightsFRANKFURT, Nov 26 (Reuters) - German logistics entrepreneur Klaus-Michael Kuehne is examining a takeover of Signa Group's abandoned Elbtower high-rise project in his hometown of Hamburg, Handelsblatt reported. Discussions on the takeover by Kuehne are quite advanced, but no decision has been made, German newspaper Handelsblatt reported, citing a source. Signa, owner of New York's Chrysler Building and Britain's Selfridges store, and spokespeople for Kuehne and the city of Hamburg did not respond to requests for comment on Sunday. This led to the insolvency of its subsidiary Signa Real Estate Management Germany on Friday, Spiegel magazine reported.

Persons: Rene Benko’s Signa, Fabian Bimmer, Klaus, Michael Kuehne, Group's, Handelsblatt, Signa, Kuehne und Nagel, Hapag Lloyd, René Benko, Emma, Victoria Farr, Alexander Smith Organizations: REUTERS, Rights, Kuehne, Lufthansa, Chrysler, Real Estate Management, Spiegel, Thomson Locations: Hamburg Germany, Hamburg, Austrian, Real Estate Management Germany, Signa, Germany

I decided to buy a Tesla this year, and I'm buying one new thanks to the tax credits on electric cars. As a result, I'm breaking with my long held tradition and purchasing a new 2023 Tesla Model 3 Performance edition. The federal tax credit for a used electric vehicle is $4,000. Note that these are tax credits, not tax deductions. However, the federal tax credits offered will vary, based on whether the battery was manufactured in the US.

Persons: I've, —, Tesla, it's, that's Organizations: Service, Tesla, Apple, Chrysler Pacifica, Ford, Quicken Locations: Colorado, Denver

☆ Stellantis buys back shares worth $1 bln from Chinese JV partner Dongfeng
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +1 min

The Stellantis logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo Acquire Licensing RightsNov 22 (Reuters) - Chrysler-parent Stellantis (STLAM.MI) said on Wednesday it has repurchased 50 million common shares from Dongfeng Motor (Hong Kong) International (0489.HK) for about 934 million euros ($1.02 billion). Stellantis, which has a joint venture with Dongfeng Motor in China, said it plans to cancel these shares and the transaction with Dongfeng would not impact its 1.5 billion euros open-market repurchase program. Chinese automaker Dongfeng would retain 49.2 million common shares, which represents 1.58% of Stellantis' share capital post-cancellation. ($1 = 0.9168 euros)Reporting by Priyamvada C in Bengaluru; Editing by Shilpi MajumdarOur Standards: The Thomson Reuters Trust Principles.

Persons: David, Dee, Delgado, Priyamvada, Shilpi Majumdar Organizations: New York, REUTERS, Chrysler, Dongfeng, HK, Thomson Locations: Manhattan , New York City, U.S, Hong Kong, China, Bengaluru

☆ US durable goods orders fall on weakness in transportation equipment sector
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +3 min

Durable goods are seen on sale in a store in Los Angeles, California, U.S., March 24, 2017. Economists polled by Reuters had forecast durable goods orders would decline 3.1%. Durable goods orders rose 4.0% on a year-over-year basis in October. These so-called core capital goods orders were previously reported to have risen 0.5% in September. Business spending on equipment spending contracted in the third quarter.

Persons: Lucy Nicholson, Detroit's, Lucia Mutikani, Paul Simao Organizations: REUTERS, Rights, United Auto Workers, UAW, Data, Reuters, Manufacturing, General Motors, Ford, Chrysler, Civilian, Boeing, Machinery, Thomson Locations: Los Angeles , California, U.S, Department's

☆ Stellantis, CATL sign preliminary deal for LFP battery supply in Europe, consider JV
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +2 min

[1/2] The Stellantis logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado Acquire Licensing RightsMILAN, Nov 21 (Reuters) - Carmaker Stellantis (STLAM.MI) and Chinese EV battery giant CATL (300750.SZ) said on Tuesday they signed a preliminary agreement for the supply of battery cells and modules for the automaker's electric vehicle (EV) production in Europe. The two companies said in a joint statement they were also considering a possible investment to set up a 50-50 joint venture to support the automakers' electrification strategy. Stellantis and CATL said the memorandum of understanding (MoU) announced on Tuesday outlined a long-term collaboration between the two groups, including "identifying opportunities to further strengthen the battery value chain". For its EV battery needs in Europe Stellantis is building three gigafactories, in France, Germany and Italy through its ACC joint venture with Mercedes (MBGn.DE) and TotalEnergies (TTEF.PA), while others might follow in the region.

Persons: David, Dee, Delgado, Alfa Romeo, Stellantis, CATL, Robin Zeng, Carlos Tavares, Giulio Piovaccari, Chizu Organizations: New York, REUTERS, EV, Franco, Jeep, Peugeot, Fiat, Alfa, ACC, Mercedes, Fiat Chrysler, PSA, Thomson Locations: Manhattan , New York City, U.S, Europe, Italian, France, Germany, Italy

☆ ECB says property slump could last years in threat to lenders
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +4 min

An ECB report which examines threats to financial stability underscored heightened concern over a property boom that is now unravelling in countries such as Germany and Sweden. Commercial property prices have been hit by economic weakness and high interest rates over the last year, challenging the sector's profitability and business model, the ECB said. The sector is not big enough to create a systemic risk for lenders, but could increase shocks across the financial system and greatly impact the financial firms, from investment funds to insurance firms, collectively known as shadow banks. The ECB issued its report as deep cracks emerged in the property market of the euro zone's top economy, Germany. Commercial real estate transactions were down 47% in the first half of 2023, compared with the same period in 2022.

Persons: René Benko, Banks, Balazs Koranyi, John O'Donnell, Barbara Lewis, Alexander Smith Organizations: European Central Bank, ECB, Signa, Chrysler, Signa Group, Reuters, Raiffeisen Bank, Bank, Thomson Locations: FRANKFURT, Germany, Sweden, Austrian, Hamburg, Austria, Bank Austria

☆ UAW says 64% of workers vote to ratify Detroit Three contracts
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

Nov 20 (Reuters) - The United Auto Workers (UAW) union said Monday that 64% of workers at the Detroit Three automakers voted to ratify new contracts. Despite the opposition from workers at some major facilities, UAW members voted to ratify the contract by a near two-third margin. Automakers, looking to trim costs as they make the shift to electric vehicles, face higher hourly labor costs. About 55% of votes cast by GM members were in favor of the new deal, while about 69% of Ford members and 68% of Stellantis workers who voted supported the agreement, according to a UAW vote tracker. Reporting by David Shepardson and Shivansh Tiwary; Editing by Chizu Nomiyama and Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

Persons: Shawn Fain, Ford, Jim Farley, David Shepardson, Chizu Nomiyama Organizations: United Auto Workers, UAW, Detroit Three, U.S, Ford, GM, Chrysler, Thomson Locations: Michigan , Kentucky, Illinois

Workers at Ford voted 69.3% in favor of the pact, which passed with nearly a 15,000-vote margin in balloting that ended early Saturday. Earlier this week, GM workers narrowly approved a similar contract. They also agreed in principle to bring new electric-vehicle battery plants into the national union contract. This provision will give the UAW an opportunity to unionize the EV battery plants plants, which will represent a rising share of industry jobs in the years ahead. Contracts with the auto companies should also lead to higher wages at auto-parts supply companies and in other industries, Wheaton said.

Persons: Shawn Fain, Fain, ”, Wheaton, United States —, Hyundai —, Mark McGill, ” McGill, he'll, Ford, John Lawler, Michelle Krebs, Krebs, Joe Biden, Cornell's Wheaton, Biden, didn't Organizations: DETROIT, United Auto Workers, Ford, General Motors, Workers, UAW, Cornell University, United States — Honda, Toyota, Hyundai, Tesla, Foreign, GM, Chrysler, Bronco, Cox Automotive, Cox Locations: Stellantis, United States, Wheaton, Wayne , Michigan, U.S, Detroit, Belvidere , Illinois, Scranton , Pennsylvania

☆ UAW Members Approve New Contract With Stellantis After Autoworkers Strike
▼ + stars: | 2023-11-17 | by ( Ryan Felton | ) www.wsj.com time to read: 1 min

President Biden celebrated new labor contracts between the United Auto Workers union and the three major car companies on Nov. 9 while visiting an auto plant in Belvidere, Ill. Photo: Olivier Douliery/AFP/Getty ImagesUnited Auto Workers employees at Chrysler-parent Stellantis have voted overwhelmingly to approve a new labor contract, bringing the tense round of negotiations between the union and Detroit’s carmakers one step closer to completion. The deal was supported by about 68% of Stellantis workers who voted so far, with only a handful of small facilities having yet to report, according to preliminary results published online Friday by the UAW. Votes from those remaining local chapters wouldn’t be enough to overcome the current margin, according to the union’s tally.

Persons: Biden, Olivier Douliery, Stellantis, Detroit’s Organizations: United Auto Workers, Getty, Chrysler, UAW, Votes Locations: Belvidere , Ill, AFP

☆ Stellantis workers vote to ratify new labor contract
▼ + stars: | 2023-11-17 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

People attend a Stellantis presentation at the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David 'Dee' Delgado/File Photo Acquire Licensing RightsWASHINGTON, Nov 17 - United Auto Workers (UAW) members at Chrysler parent Stellantis NV (STLAM.MI) have voted to ratify tentative record-setting labor deal, the union's vote tracker showed on Friday. The contract also hikes wages of current temporary workers by 150% by 2028 and will make them permanent employees. Workers on Thursday at General Motors (GM.N) voted to approve the deal, with about 55% of nearly 36,000 members in favor. Another 2,500 Stellantis U.S. salaried workers are unionized and are not being offered the current buyout.

Persons: David, Dee, Delgado, Stellantis, David Shepardson, Nathan Gomes, Arun Koyyur, Nick Zieminski, Jonathan Oatis Organizations: New York, REUTERS, Rights, United Auto Workers, UAW, Chrysler, Stellantis, Detroit Three, Workers, General Motors, Ford, Thomson Locations: Manhattan , New York City, U.S, Washington, Bengaluru

☆ UAW members ratify new contract with Chrysler owner Stellantis
▼ + stars: | 2023-11-17 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

United Auto Workers members rally outside Stellantis' Ram 1500 plant in Sterling Heights, Michigan, after the union called a strike at the plant on Oct. 23, 2023. DETROIT – United Auto Workers members at Chrysler owner Stellantis have ratified a new labor contract following a historically contentious round of bargaining between the union and company, according to preliminary results posted Friday by the union. UAW members with Ford Motor are on pace to also ratify their agreement, but are continuing to vote Friday. The Stellantis deal received notable objection at the automaker's Jeep plants in Toledo, Ohio, with 55% of workers there opposing the deal. The contract ratifications come weeks after the automakers and the union reached tentative deals, ending roughly six weeks of targeted strikes by the UAW.

Persons: Stellantis, they've, ratifications Organizations: United Auto Workers, DETROIT – United Auto Workers, Chrysler, Detroit automakers, General Motors, UAW, GM, Ford, Stellantis Locations: Sterling Heights , Michigan, DETROIT, Illinois, Toledo , Ohio

☆ GM union workers ratify UAW deal following contentious vote
▼ + stars: | 2023-11-16 | by ( Michael Wayland | ) www.cnbc.com time to read: +2 min

DETROIT – General Motors union workers ratified a record deal with the United Auto Workers after a contentious final few days of voting, according to results posted Thursday morning by the union. Ratification of the deal came under doubt Wednesday morning, after seven of GM's 11 U.S. assembly plants rejected the pact. But a swing in voting results in favor of the deal, specifically at a SUV plant in Texas, gave the agreement a much needed lifeline. According to the UAW's vote tracker, the deal was supported by roughly 54% of the more than 34,700 autoworkers at GM who voted. Results are still outstanding at two smaller GM facilities representing about 1,400 hourly workers, but wouldn't be enough to offset the roughly 2,500-vote margin.

Persons: they've Organizations: DETROIT, General Motors, United Auto Workers, Detroit, GM, UAW, Ford Motor, Chrysler Locations: Texas

☆ GM rank and file ratify labor deal, ending threat of a renewed strike
▼ + stars: | 2023-11-16 | by ( Chris Isidore | Vanessa Yurkevich | ) edition.cnn.com time to read: +5 min

The final results from all the UAW members at GM were posted on the union’s Web site Thursday morning. If workers had rejected the deal, it could have brought about a resumption of the strikes at the company. Neither the union nor any of the companies had any immediate comment on the vote results, the final vote at GM, or preliminary votes at the other two automakers. Teamster members voted 86% in favor of that union’s deal with UPS in July. Others said that the union could achieve even better deals if members voted no.

Persons: Mack Truck, Mack Trucks, Shawn Fain, Fain Organizations: New, New York CNN, United Auto Workers, General Motors, UAW, GM, Ford, Jeep, Dodge, Chrysler, Teamster, UPS, Kaiser Permanente, Facebook Locations: New York, Arlington , Texas, Lansing Delta, Michigan

The three contracts, if approved by 146,000 union members, would dramatically raise pay for autoworkers, with increases and cost-of-living adjustments that would translate into a 33% wage gain. Top assembly plant workers would earn roughly $42 per hour when the contracts expire in April of 2028. Several smaller facilities were still voting, many of them parts warehouses or component factories where workers got big pay raises and were expected to approve the contract. Full-time temporary workers liked the large raises they received and the chance to get top union pay, he said. In the deals with all three companies, longtime workers would get 25% general raises over the life of the contracts with 11% up front.

Persons: Keith Crowell, didn’t, ” Crowell, “, Shawn Fain, Joe Biden Organizations: DETROIT, United Auto Workers, General Motors, Big, GM, Ford, Dodge, Workers, Chrysler, UAW, Biden Locations: Stellantis, Lansing , Michigan, Arlington , Texas, Wentzville , Missouri, Lansing Delta Township , Michigan, Spring Hill , Tennessee, Arlington, Detroit

☆ Auto strikes sink US manufacturing output in October
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

Manufacturing output fell 0.7% last month, the Federal Reserve said on Thursday. Excluding motor vehicles and parts, manufacturing production edged up 0.1%. Overall industrial production dropped 0.6% in October after edging up 0.1% in September. It is now eight-tenths of a percentage point below to its 1972–2022 average. The operating rate for the manufacturing sector slipped to 77.2% from 77.8% in the prior month and is one percentage point below its long-run average.

Persons: Rebecca Cook, Detroit's, Lucia Mutikani, Paul Simao Organizations: United Auto Workers, Ford Michigan Assembly Plant, Wayne , Michigan U.S, REUTERS, Rights, UAW, Federal Reserve, Reuters, General Motors, Ford, Chrysler, Utilities, Thomson Locations: Wayne , Michigan, U.S

The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook//File Photo Acquire Licensing RightsDETROIT, Nov 16 (Reuters) - General Motors' (GM.N) tentative labor deal with the United Auto Workers (UAW) union has clinched ratification, making its workers the first of those at the Detroit Three automakers to approve the agreement. The UAW's GM vote tracking site shows approval of the contract leading by a 55% to 45% margin with nearly 36,000 workers having cast votes out of about 46,000 UAW-represented GM workers. Currently, about 67% of Ford workers who have voted are in favor of the UAW deal, and about 66% of Stellantis workers have so far voted in favor, according to UAW figures. Ford voting is scheduled to finish on Friday, while Stellantis is set to close next Tuesday.

Persons: Rebecca Cook, Stellantis, Tesla, David Shepardson, Ben Klayman, Lisa Shumaker Organizations: General Motors, REUTERS, Rights DETROIT, United Auto Workers, UAW, Detroit Three, Ford, Chrysler, GM, Detroit, Thomson Locations: Detroit , Michigan, U.S, Arlington , Texas, Detroit, Fairfax , Kansas, Orion , Michigan, Michigan, Washington

☆ Union Workers Ratify Contract at General Motors
▼ + stars: | 2023-11-16 | by ( The New York Times | ) www.nytimes.com time to read: 1 min

United Automobile Workers union members at General Motors have ratified a tentative contract in a closely contested vote, according to a tally of results from all the G.M. locals posted by the union on Thursday. The contract had the support of 55 percent of the nearly 36,000 members voting. Tentative agreements with Ford and Stellantis, the maker of brands including Jeep and Chrysler, appear headed for approval by larger margins, incomplete results there show. The agreements raise the top wage for production workers by 25 percent, to more than $40 over four and a half years, from $32.

Persons: Shawn Fain Organizations: United Automobile Workers, General Motors, Ford, Jeep, Chrysler

☆ Subaru to raise US wages after UAW deals with Detroit Three -CEO
▼ + stars: | 2023-11-16 | by ( Abhirup Roy | ) www.reuters.com time to read: +2 min

Atsushi Osaki, President and CEO at Subaru, speaks during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023. REUTERS/David Swanson/File Photo Acquire Licensing RightsLOS ANGELES, Nov 16 (Reuters) - Subaru (7270.T) will raise the wages of its U.S. plant workers in light of recent labor deals reached by the Detroit Three automakers and United Auto Workers (UAW), the Japanese automaker's CEO, Atsushi Osaki, told Reuters on Thursday. Non-union automakers that have raised wages for their U.S. plant workers after the UAW deals include Japan's Toyota (7203.T) and Honda (7267.T), and South Korea's Hyundai (005380.KS). UAW President Shawn Fain has said "UAW" stands for "U are welcome" in response to the rising wages at the non-union plants. Reporting by Abhirup Roy in Los Angeles; Writing by Ben Klayman; Editing by Chris Reese, Andrea Ricci and William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: Atsushi Osaki, David Swanson, Osaki, Joe Biden, Shawn Fain, Abhirup Roy, Ben Klayman, Chris Reese, Andrea Ricci, William Mallard Organizations: Subaru, Los Angeles Auto, REUTERS, Detroit Three, United Auto Workers, UAW, Reuters, General Motors, Ford, Chrysler, Los, Detroit, Toyota, Honda, Hyundai, Thomson Locations: Los Angeles , California, U.S, Lafayette , Indiana, Los Angeles, South

☆ GM-UAW deal in jeopardy as voting goes down to the wire
▼ + stars: | 2023-11-15 | by ( Michael Wayland | ) www.cnbc.com time to read: +4 min

United Auto Workers (UAW) members strike at a General Motors assembly plant that builds the U.S. automaker's full-size sport utility vehicles, in another expansion of the strike in Arlington, Texas, October 24, 2023. DETROIT – Voting is going down to the wire on a tentative deal between the United Auto Workers and General Motors after roughly six weeks of labor strikes. A majority of UAW members at several major GM plants have voted against the pact, in most cases with a result of between 55% and 60% against. As of Wednesday morning, the UAW had not updated its vote tracker for GM to reflect several plants that voted against the deal. If the GM deal is voted down, UAW President Shawn Fain and other union leaders will need to decide how to proceed and secure a better deal for GM's union workers.

Persons: It's, Mack Trucks, Shawn Fain, Fain, Stellantis, Joe Biden Organizations: United Auto Workers, UAW, General Motors, DETROIT, Detroit automakers, Ford Motor, workforces, GM, Buick, Chevrolet, Workers, Fiat Chrysler, Ford, U.S Locations: Arlington , Texas, Michigan, Kansas, Kentucky, Missouri, Indiana

☆ G.M.’s Contract Deal With U.A.W. Faces Surprisingly Stiff Opposition
▼ + stars: | 2023-11-15 | by ( Neal E. Boudette | More About Neal E. Boudette | ) www.nytimes.com time to read: +1 min

A United Automobile Workers union vote on a tentative contract agreement with General Motors that provides record wage increases has run into unexpectedly strong resistance from veteran workers. A majority of workers at several large plants in Michigan, Indiana and Tennessee rejected the contract, though union members at a large sport utility plant in Arlington, Texas, voted in favor of it. G.M., Ford Motor and Stellantis agreed to similar contracts with the union after U.A.W. Workers walked off the job at the first three plants on Sept. 15 and stayed on strike for more than 40 days. The agreement appears to be headed for ratification at Ford and Stellantis, the maker of Chrysler, Jeep and Ram vehicles, by comfortable margins, according to running tallies the U.A.W.

Organizations: United Automobile Workers, General Motors, Ford Motor, Workers, Ford, Chrysler, Jeep Locations: Michigan , Indiana, Tennessee, Arlington , Texas

☆ Here's why the UAW's record deals with GM, Ford and Stellantis aren't getting full support
▼ + stars: | 2023-11-14 | by ( Michael Wayland | ) www.cnbc.com time to read: +8 min

Workers at Chrysler-owner Stellantis are still in early voting but have so far largely backed the contract. GM's Spring Hill Assembly plant in Tennessee on Monday became the most recent major facility to vote against the contract, with 67.5% of UAW members rejecting it. Reasons behind the disapproval vary, according to industry experts and UAW members who spoke with CNBC. GM has had 52% of workers voting so far in support of ratification. He said these benefits remain a target for future bargaining when the tentative deals, if ratified, expire on April 30, 2028.

Persons: Jim Vondruska, they've, Stellantis, They're, There's, Shawn Fain, Brian Keller, Ford, Fain, we'd, Keller, Ray Curry, Timothy Orner, it's, Orner, China Jones, Wheaton Organizations: UAW, Getty, DETROIT, United Auto Workers, Detroit, Ford Motor, Motors, Workers, Chrysler, Ford, CNBC, GM, U.S, Louisville Assembly Plant, Worker Institute, Cornell University Locations: Chicago , Illinois, Hill, Tennessee, GM's Flint , Michigan, Kentucky, Stellantis, Toledo, China, Louisville

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