Here's where things stand on key issues, according to Fain.Fain said Ford has offered a 20% increase over the four years of the deal, followed by GM at 18% and Stellantis at 17.5%Ending tiers, or in-progression pay, where members are paid differently based on seniority, has been a top priority of the union for years.
Fain said all companies have made"deficient COLA" proposals that either include lump sum payments, limit the amounts, or only kick in at certain levels that the union finds inadequate. Fain said the Detroit automakers have each offered"concessionary profit-sharing" formulas that lower the current standards, which are based on a company's North American profits.
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: