The United Auto Workers union said Friday that it will not expand its strikes against Detroit's three automakers after General Motors made a breakthrough concession on unionizing electric vehicle battery plants. Union President Shawn Fain told workers in a video appearance that additional plants could be added to the strikes later.
GM's shares ended Friday up almost 2%, Stellantis added 3% and Ford rose just under 1%. The automakers have resisted bringing battery plants into the national UAW contracts, contending the union can’t represent workers who haven’t been hired yet. They also say joint venture partners must be involved in the talks. They also fear that big union contracts could drive up the prices of their electric vehicles, making them more expensive than Tesla and other nonunion competitors.
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Auto workers stop expanding strikes against Detroit Three after GM makes battery plant concessionThe United Auto Workers union has decided not to expand its strikes against Detroit’s three automakers after General Motors made a breakthrough concession on unionizing electric vehicle battery plants. Union President Shawn Fain told workers in a video appearance Friday that additional plants could be added later. The delay came shortly after GM agreed to bring electric vehicle battery plants into the UAW’s national contract, essentially assuring that they will be unionized. Fain said GM’s move will change the future of the union and the auto industry.
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Auto workers stop expanding strikes against Detroit Three after GM makes battery plant concessionThe United Auto Workers union has decided not to expand its strikes against Detroit’s three automakers after General Motors made a breakthrough concession on unionizing electric vehicle battery plants.
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Auto workers stop expanding strikes against Detroit Three after GM makes battery plant concessionThe United Auto Workers union has decided not to expand its strikes against Detroit’s three automakers after General Motors made a breakthrough concession on unionizing electric vehicle battery plants.
Source: wjxt4 - 🏆 246. / 63 Read more »