Meaningful progress has been made in negotiations between the striking United Auto Workers union and Detroit’s three auto companies, according to a person with direct knowledge of the talks.
It wasn’t clear exactly what Mr. Fain will announce as part of the union’s strategy of targeted strikes against the companies, with automakers perceived as making progress in the talks being spared additional job actions. Ford, which had made early progress, was spared from the second round of strikes, and its parts warehouses remain open. Stellantis was exempted last week, when the union added assembly plants at Ford in Chicago and GM in Lansing, Mich.
The UAW contends the companies have made billions of dollars in profits during the past decade and raised CEO pay, so they can afford to boost workers’ wages. The union is seeking 36 per cent general wage increases over four years as well as a return of cost-of-living increases, a 32-hour week with 40 hours of pay, the restoration of traditional defined-benefit pensions for new hires, among other benefits.
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Striking auto workers and Detroit companies appear to make progress in contract talks - BNN BloombergMeaningful progress has been made in negotiations between the striking United Auto Workers union and Detroit's three auto companies, according to a person with direct knowledge of the talks.
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