Current:Home > ScamsThe Big 3 automakers now have record offers on the table. UAW says they can do more -OceanicInvest
The Big 3 automakers now have record offers on the table. UAW says they can do more
View
Date:2025-04-13 18:08:55
In the five weeks since autoworkers first walked out at Ford, General Motors and Stellantis, the offers on the table have gotten dramatically richer.
Proposed wage increases over the 4.5-year contract began at 9% but they are now at 23% at all Big Three automakers, UAW president Shawn Fain said on Friday in his latest Facebook Live address.
In addition, Ford and GM now have improved cost of living adjustment offers, while all three automakers have offered to cut the number of years it takes to reach the top wage and to increase 401(k) retirement contributions.
But Fain said, there's still room to move.
"One thing we've been hearing over and over from these companies is how they've offered us record contracts," he said. "You know what? We agree. These are already record contracts, but they come at the end of decades of record decline. So it's not enough."
Still, Fain did not announce another expansion of the strike after last calling for 8,700 workers at a key Ford Kentucky plant to walk out.
Instead, he acknowledged the UAW auto workers who have been called on to strike under the union's plan to ramp up pressure on automakers by calling for walkouts at only some of the plants.
On social media, some members have begun to express impatience with the strike, sharing the stress that being out of work and living on the $500 a week strike pay has brought to their families.
In a message that appeared aimed at them, Fain warned against allowing the companies to fragment the members.
"Our ability to hold out, to hit the companies economically and to withhold our labor — this is our leverage and this is our path to victory," he said. "We have one tool and that's solidarity."
Offers from the automakers have gotten sweeter
Earlier in the day, GM provided details of its latest offer which also includes improvements for temporary employees, with the automaker saying they are willing to provide immediate conversion to permanent status for those with one year on the job.
In a statement, GM called the offer the most significant that it has ever proposed to the UAW, noting that the majority of the workforce would earn $84,000 a year by the end of the agreement.
"It is time for us to finish this process, get our team members back to work and get on with the business of making GM the company that will win and provide great jobs in the U.S. for our people for decades to come," the statement read.
Ford, which did not present the UAW with a new offer this week, had indicated last week that it had reached its limit on cost.
Earlier in the week, Ford executive chair Bill Ford warned that decisions made now will impact not just Ford and its ability to compete, but the future of the American automobile industry.
"Toyota, Honda, Tesla and others are loving this strike because they know the longer it goes on, the better it is for them," he said. "They will win and all of us will lose."
veryGood! (946)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- After months of buildup, news outlets finally have the chance to report on election results
- AP Race Call: Moulton wins Massachusetts U.S. House District 6
- Watch this young batter react to a surprise new pitcher
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Bruce Springsteen visits Jeremy Allen White on set of biopic 'Deliver Me from Nowhere'
- AP Race Call: Nevada voters approve constitutional amendment enshrining abortion rights
- Tori Spelling Awkwardly Reminds Brian Austin Green They Had Sex
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- Ricky Martin's 16-Year-Old Twins Look So Grown Up During Rare Public Appearance
Ranking
- Don't let hackers fool you with a 'scam
- Ohio Democratic Rep. Emilia Sykes wins reelection as Rep. Kaptur’s race remains too early to call
- AP Race Call: Pressley wins Massachusetts U.S. House District 7
- CAUCOIN Trading Center: Leading the Wave of Decentralized Finance and Accelerating Global Digital Currency Compliance
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- How Kevin Costner Is Still Central to Yellowstone’s Final Season Despite Exit
- Why AP called the Maryland Senate race for Angela Alsobrooks
- Republican Thomas Massie wins Kentucky’s 4th Congressional District
Recommendation
At site of suspected mass killings, Syrians recall horrors, hope for answers
Dexter Quisenberry – The Visionary Founder Leading SW Alliance’s Ascent
CAUCOIN Trading Center: BTC Spot ETF Accelerates the Professionalization of the Cryptocurrency Market
Oklahoma Murder Case: Jilian Kelley's Cause of Death Revealed After Body Found in Freezer
Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
Fossil from huge 'terror bird' discovered for the first time in Colombia
CFP rankings reaction and Week 11 preview lead College Football Fix podcast
Jennifer Lopez Reacts to Estranged Husband Ben Affleck Calling Her Spectacular