Saturday, October 19

Tag: Stellantis

Uaw: General Motors raises offer to autoworkers union ahead of UAW bargaining update
21Oct By adminNo Comments
Business

Uaw: General Motors raises offer to autoworkers union ahead of UAW bargaining update

DETROIT: United Auto Workers President Shawn Fain is expected to update members Friday afternoon on progress in contract talks with Detroit's three automakers as General Motors increased its offer to the union. In a prepared statement, GM said it made an offer Friday with "substantial movement in all key areas in an effort to reach a final agreement with the UAW and get our people back to work." The company says the offer raises pay for most of the work force to $40.39 per hour, or about $84,000 by the end of a four-year contract. That's a 23% increase over the $32.32 per hour that most factory workers make. Compounded annually it's 25%. The company also said it reinstated cost of living raises for many employees that were given up in 2007, boosting the pay increase to over 30% by Septemb...
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Stellantis to put second EV battery plant in town where EVs threaten current jobs
11Oct By adminNo Comments
Technology

Stellantis to put second EV battery plant in town where EVs threaten current jobs

New York CNN  —  Stellantis and Samsung plan to build a second EV battery plant in Kokomo, Indiana, a town where many current Stellantis workers see such plants as a threat to their current jobs. EV battery plants are a critical part of the plans of traditional automakers to transition from gasoline-powered cars to electric vehicles in coming decades. But they could be a threat to existing jobs building engines and transmissions, which are not needed in an EV. Stellantis has four plants in Kokomo alone building engines and transmissions, employing more than 5,000 hourly workers between them. Stellantis, which builds cars under the Jeep, Ram, Dodge and Chrysler brands, along with unionized rivals Gener...
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Nearly 5,000 autoworkers have been laid off since UAW strike began
10Oct By adminNo Comments
Money

Nearly 5,000 autoworkers have been laid off since UAW strike began

Detroit's Big Three automakers continue to lay off hundreds of factory workers as the United Auto Workers strike reaches its fourth week. General Motors on Monday idled a total of 155 workers at plants in Indiana, Michigan and Ohio, the company confirmed. Ford let go 537 workers in Michigan and Ohio, according to the latest numbers posted on X. Stellantis (the parent company of Chrysler, Dodge, Jeep and Ram) laid off 570 workers at plants in Indiana and Michigan as recently as October 6, the company confirmed Monday. To date, Ford has laid off a total 1,865 non-union workers while GM has let go of 2,330 and Stellantis has released 640 — bringing the combined total of strike-related layoffs by the Big Three to roughly 4,835.Automakers say they are forced to lay off those workers because th...
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UAW chief Shawn Fain says strike talks with automakers are “headed in the right direction”
6Oct By adminNo Comments
Money

UAW chief Shawn Fain says strike talks with automakers are “headed in the right direction”

As UAW strike continues, workers battle loss of wages As UAW strike continues, workers battle loss of wages 02:02 United Auto Workers President Shawn Fain said Friday that the union's ongoing strike against Detroit's Big Three automakers is securing vital concessions, mooting the need to expand the work stoppage at least for now."We are winning, we are making progress and we are headed in the right direction," he said in a broadcast on Facebook.As evidence of that ...
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Signs of progress as UAW and Detroit automakers continue “active talks”
6Oct By adminNo Comments
Money

Signs of progress as UAW and Detroit automakers continue “active talks”

UAW strike: Diving into Ford's latest offer, what to expect with the automakers and union UAW strike: Diving into Ford's latest offer, what to expect with the automakers and union 05:13 United Auto Workers President Shawn Fain is scheduled to give an update Friday on the union's labor contract negotiations with Detroit's Big Three automakers, with some signs the sides are narrowing their differences as the strike inflicts an increasingly heavy financial toll.Fain could yet call for ...
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Big Three automakers idle thousands of workers as UAW strike rages on
4Oct By adminNo Comments
Money

Big Three automakers idle thousands of workers as UAW strike rages on

Economic losses racking up more than $3 billion as UAW strike reaches 18th day Economic losses racking up more than $3 billion as UAW strike reaches 18th day 03:05 Detroit's Big Three automakers are furloughing or laying off thousands of non-union employees amid a bitter standoff with striking members of the United Auto Workers.Ford Motor on Monday furloughed 330 workers in Chicago and Lima, Ohio, adding to the 600 workers the automaker laid off last month at an assembly plant in Wayne, Mic...
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More big strikes loom, with thousands of health care and casino workers set to walk off the job
2Oct By adminNo Comments
Money

More big strikes loom, with thousands of health care and casino workers set to walk off the job

Strictly Business: The historical significance of labor strikes Strictly Business: The historical significance of labor strikes 07:10 From President Joe Biden joining auto workers on the picket line to 75,000 health care workers girding to strike in multiple states, organized labor in the U.S. is enjoying a resurgence this year, while finding its most receptive audience in more than half a century. "There is a feeling that the system is fundamentally unfair to the workforce that is doing al...
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