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Monday, August 28, 2023

Unions in the News | UAW votes to authorize strike at three automakers

  UAW votes overwhelmingly to authorize strike at Detroit Three automakers

"The United Auto Workers (UAW) union on Friday said members voted overwhelmingly in favor of authorizing a strike at the Detroit Three automakers if agreement is not reached before the current four-year contract expires on Sept. 14.

The authorization was approved by 97% of voting members at General Motors (GM.N), Ford Motor (F.N) and Stellantis (STLAM.MI), said UAW President Shawn Fain, who leads the union that represents about 150,000 workers.

Fain reiterated that the union did not plan to extend the deadline to get a new labor contract. "The deadline is Sept. 14. ...set of demands, including wage hikes of 46%, an end to the tiered wage system that pays new hires less than veterans, reinstating cost-of-living adjustments and restoring defined-benefit pension plans for new hires that the automakers ended in 2007"

Reference: www.reuters.com