Posts tagged Bill Ford

    UAW loses key local leader known for influence, strategy during negotiations

    February 23, 2024 // By contrast, the national union's corruption scandal led to more then a dozen convictions, including two past national UAW presidents and Fiat Chrysler executives. "I was disgusted and disappointed by what some individuals did," said Ricke, who, as local union president, earned a salary of about $175,000, which is tied to the regional leader's wage.

    Tesla Workers Are Union “Members Of The Future,” UAW President Says

    October 19, 2023 // Tesla is likely the most "problematic" carmaker for the UAW as CEO Elon Musk strongly opposes unionization at the company's plants. The United Auto Workers and Workers United trade unions have sought to unionize Tesla's workers in California and New York, respectively, but Elon Musk has thwarted all attempts so far. In addition, as Teslarati points out, numerous Tesla workers have become millionaires in the past despite being non-unionized, thanks to the company's stock-based compensation programs. In an infamous tweet from May 2018, Musk seemed to threaten Tesla workers with the loss of stock options if they formed a union. "Nothing stopping Tesla team at our car plant from voting union. Could do so tmrw if they wanted. But why pay union dues & give up stock options for nothing?" read the tweet. The National Labor Relations Board ordered Musk to delete the tweet, but the billionaire appealed the court order.

    Prolonged UAW strike will ‘collapse’ supply chains, Ford chair warns

    October 18, 2023 // “This should not be Ford versusthe UAW,” Ford said. “This should be Ford and the UAW versus Toyota, Honda, Tesla, and all the Chinese companies that want to enter our home market. Toyota, Honda, Tesla and the others are loving this strike because they know the longer it goes on, the better it is for them. They will win and all of us will lose.” UAW President Shawn Fain disagreed with Ford’s framing. “It’s not the UAW and Ford against foreign automakers,” Ford said, in remarks published by Detroit News reporter Jordan Grzelewski. “It’s autoworkers everywhere against corporate greed.” Ford warned that an extended strike would challenge supply chains not only at the automaker, but throughout the economy.

    The UAW vs. The Big Three: Why the union’s wish list isn’t ‘going to happen’

    August 15, 2023 // The UAW's wish list would amount to $25 billion-$30 billion per automaker over the life of the contract. "That adds $35 to $40 per hour to active labor cost — an increase of roughly 60%," the source said. The impact being that automakers would return to the "bankruptcy era" and more than double the labor costs for GM, Ford, and Stellantis versus non-union automakers like Tesla (TSLA).