Explainer-UAW chief ratchets up pressure on Detroit Three as deal talks drag on

South Africa News News

Explainer-UAW chief ratchets up pressure on Detroit Three as deal talks drag on
South Africa Latest News,South Africa Headlines
  • 📰 Investingcom
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 53%

Explainer-UAW chief ratchets up pressure on Detroit Three as deal talks drag on

- The United Auto Workers union on Friday refrained from expanding its coordinated strike against the Detroit Three automakers but warned it may now call for more strikes at anytime and not wait for a Friday.The automakers, like their global counterparts, have been focused on cost reductions, which in some cases include job cuts, to help accelerate a shift to electric vehicles from gasoline-powered vehicles.

The second round of strikes expanded to 38 locations across 20 states in all nine regions of the UAW, focusing on parts distribution centers. Fain also wants workers at EV battery plants to be covered by union contracts. The union is in discussions with GM about the parameters of a deal to include battery plant workers under a master labor agreement.

The UAW wants strong salary increases, given the financial success of the automakers, citing generous executive payouts and large U.S. federal subsidies for EV sales.

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:

Investingcom /  🏆 450. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UAW, Detroit Three careen toward another Friday turning pointUAW, Detroit Three careen toward another Friday turning pointUAW, Detroit Three careen toward another Friday turning point
Read more »

UAW, Detroit Three careen toward another Friday turning pointUAW, Detroit Three careen toward another Friday turning pointDETROIT — United Auto Workers President Shawn Fain is expected to deliver a video address on Friday that could lead to another escalation of the union's str
Read more »

UAW says it may call more strikes at Big Three 'at any time'UAW says it may call more strikes at Big Three 'at any time'‘We changed the rules, and now there’s only one rule: pony up,’ Fain says
Read more »

Jim Cramer has a blunt warning for Detroit Three amid ongoing auto strikesThe United Auto Workers union expanded its set of rolling strikes against Ford.
Read more »

Factbox-From Detroit Three to healthcare, US labor unions flex muscleFactbox-From Detroit Three to healthcare, US labor unions flex muscleFactbox-From Detroit Three to healthcare, US labor unions flex muscle
Read more »



Render Time: 2025-02-27 16:16:47