UAW expands strike to GM plant in Texas as company says walkout costs $200 million a week

  • 📰 washingtonpost
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

General Motors disclosed losses of $200 million a week due to the strike, just before the United Auto Workers walked out of a giant GM SUV factory in Arlington, Tex.

United Auto Workers members and supporters picket outside a General Motors facility in Langhorne, Pa., on Sept. 22. The United Auto Workers union expanded its strike to a giant General Motors SUV factory in Arlington, Tex., just after the company told investors Tuesday morning that the nearly six-week-long work stoppage was costing it $200 million a week.

UAW President Shawn Fain said the union was hitting the Texas factory because GM’s latest offer to workers “fails to reward UAW members for the profits they’ve generated.” GM, like Ford and Stellantis, is offering full-time workers a 23 percent wage increase over a 4½-year contract. But Fain said GM’s offer lags behind Ford on other matters, including 401 contributions and cost-of-living adjustments to wages.

“It is clear that GM can afford a record contract and do more to repair the harm done by years of falling real wages and declining standards across the Big Three,” Fain said in a statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 95. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines