Posts tagged Big Three Automakers
Workers at Mack Trucks set to strike after rejecting tentative contract deal
October 9, 2023 // Union workers at Mack Trucks have voted down a tentative five-year contract agreement reached with the company and plan to strike at 7 a.m. Monday, the United Auto Workers union says. Union President Shawn Fain said in a letter to Mack parent company Volvo Trucks that 73% of workers voted against the deal in results counted on Sunday. The UAW represents about 4,000 Mack workers in three states. Union leaders had reached a tentative agreement on the deal on Oct. 1. The deal included a 19% pay raise over the life of the contract with 10% upon ratification. There also was a $3,500 ratification bonus, no increase in weekly health care contributions, increased annual lump sum payments for retirees and a $1,000 annual 401(k) lump sum to offset health care costs for employees who don’t get health insurance after retirement. Fain said in his letter to Volvo Trucks’ head of labor relations that employees working early Monday will exit the factories after performing tasks needed to prevent damage to company equipment.
GM is shaping up to be the hardest hit by the UAW strike
October 9, 2023 // UAW members have been on strike for more than three weeks against Ford, GM, and Jeep-maker Stellantis, demanding hefty wage increases, an end to the tiered wage system, and more job security in the EV age, among other key issues. The UAW, led by President Shawn Fain, is taking a new approach as the union strikes all three companies at once for the first time. He has announced three targeted work stoppages since the strike began September 15, and GM is the only company that has been targeted all three times. Ford and Stellantis, meanwhile, have only been hit twice each. GM narrowly avoided a fourth strike Friday with an offer that delayed Fain's weekly update for members. The union president added no new strike targets, despite being prepared to shut down production at GM's highly profitable SUV factory in Arlington, Texas. In the face of this threat, Fain said, the UAW nabbed a win on union representation for future battery plants.
GM agrees to place EV battery manufacturing under UAW agreement
October 7, 2023 // General Motors (GM) has agreed to place battery manufacturing for electric vehicles (EVs) under its main agreement with the United Auto Workers (UAW) union, UAW President Shawn Fain announced on Friday. Fain said the union won’t expand its strike against the Big Three automakers following the the last-minute development in negotiations. “We’ve been told for months that this is impossible,” Fain said. “We’ve been told the EV future must be a race to the bottom. And now we’ve called their bluff.”
Billionaire investor slams President Biden for his UAW union support
October 5, 2023 // Barry Sternlicht, CEO of investment fund Starwood Capital, sees Biden's support of the UAW as counterproductive to his fight against inflation. "The UAW is on strike, they're asking for 40% wage increases. What's wrong with the Biden administration, why is he so unpopular? It's inflation. It's the economy. People have less in their pockets," Sternlicht told CNBC Friday. "But now he is backing unions who are forcing wages up, which is creating the inflation that he has to kill."
Big Three automakers idle thousands of workers as UAW strike rages on
October 4, 2023 // Ford Motor on Monday furloughed 330 workers in Chicago and Lima, Ohio, adding to the 600 workers the automaker laid off last month at an assembly plant in Wayne, Michigan. General Motors, which on Tuesday reported a 21% increase in sales for its third-quarter earnings, has laid off more than 2,100 workers across four states. Stellantis (the parent company of Chrysler, Dodge, Jeep and Ram) has idled nearly 370 workers, Reuters reported, including 68 workers in Perrysburg, Ohio.
UAW’s Fain says new strike strategy has produced no ‘meaningful progress’
October 4, 2023 // Why not a full strike? That is what unions traditionally do, after all. The reality is that UAW fears it doesn’t have a deep enough strike fund for a prolonged confrontation. The union is instead making a virtue of necessity by striking in a limited manner and presenting that as a “new strategy.” The UAW strikes have thus far been targeting plants that make parts for dealership. Most car dealerships are independent business that make most of their revenue from servicing existing cars rather than selling new ones. A shortage of parts, UAW hopes, will cause dealerships to pressure the manufacturers to make concessions. The mood was mixed among the UAW members watching the livestream. “It’s not working,” commented Jesse Gonzales. “If it were, we would not have to continue striking more plants.”
Why the Obama era ‘car czar’ thinks striking autoworkers risk overplaying their hand
October 3, 2023 // Because you have to put the whole thing in context. GM and Ford and Chrysler are doing quite well at the moment. They have cash, they have profits, they have the ability to pay them more, but they also have to compete against other companies. And in the South, you have companies like Toyota and Honda that don't have unions at all. In Mexico, you have workers making literally $9 or $10 a day and are very productive, according to what auto executives tell me. And so, if the Detroit companies have an excessively high burden of wage costs, or fringe benefit costs, then they can't compete. They lose car sales. Ultimately, the workers lose jobs and the jobs move to these other places.
Mack Trucks Reaches Tentative Deal With Auto Workers Union To Avoid Strike
October 2, 2023 // The tentative agreement was reached just before the current contract between the company and its workers—which was agreed to after a two week strike in 2019—was set to expire.
Opinion: Biden says he’s most pro-union president ever. But his policies hurt striking UAW workers
October 2, 2023 // Unfortunately, UAW leadership continues to advocate for their own best interests. Those who have worked in the auto industry know that negotiations must walk a fine line. If the Big Three have to file for bankruptcy protection, as General Motors and Chrysler did in 2009, all autoworkers are in a much more precarious position. UAW leadership has a responsibility to preserve their members’ jobs − securing raises that will improve their members’ standards of living, but that are not so excessive they threaten workers’ long-term job security. Moving forward, UAW leadership should target the real problem: Bidenomics. The UAW supported Biden in 2020 and enthusiastically endorsed his Inflation Reduction Act, despite the fact that it included electric vehicle subsidies that are accelerating the elimination of union jobs.