Tag: Shawn Fain

Why are UAW auto workers striking? Their contract demands as they negotiate with Ford, GM and Stellantis
Money

Why are UAW auto workers striking? Their contract demands as they negotiate with Ford, GM and Stellantis

As the United Auto Workers enters day four of its strike against Detroit's Big Three, the stakes are getting higher for automakers Ford, General Motors and Stellantis. UAW President Shawn Fain has threatened to target more factories for work stoppages if "serious progress" toward an agreement isn't reached by Friday at noon. What do striking autoworkers want? Here is a list of contract demands the union is making at the negotiating table.Pay increases and cost of living adjustmentsThe UAW is asking automakers for a 36% pay increase across a four-year contract. For now, however, the sides remain far apart on a wage hike. Stellantis — which owns Chrysler, Dodge, Jeep and Ram, along with major foreign brands including Citroën, Peugeot and Maserati) — on Sa...
UAW’s Shawn Fain says he’s fighting against “poverty wages” and “greedy CEOs.” Here’s what to know.
Money

UAW’s Shawn Fain says he’s fighting against “poverty wages” and “greedy CEOs.” Here’s what to know.

With the United Auto Workers' strike against the big three automakers, union leader Shawn Fain told CBS News' Face the Nation that he's fighting against "poverty wages" and "greedy CEOs." His fiery rhetoric and creative approach to the strike is underscoring his difference with prior union management, according to experts. Fain was relatively unknown outside the union until September 14, when Detroit's Big Three automakers failed to reach a new labor agreement before their contract with UAW members expired. Since the strike began, Fain has become the public face of the union's fight to extract higher wages and benefits from the automakers. He's also earning comparisons to Senator Bernie Sanders, the independent from Vermont, with comments such as Fain's remark to Face the Nation on Sunday...