Posts tagged Mark Stewart

    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).