Quick Glance: UAW to Strike Additional Auto Targets on Friday Without Progress - Source
- US President Joe Biden joins the United Auto Workers picket line in Belleville, Michigan.
- The United Auto Workers union plans to strike additional Detroit Three automotive facilities on Friday if there is no serious progress in labor negotiations, according to a source familiar with the talks.
- UAW President Shawn Fain plans to announce new targets at 10 a.m. ET Friday in online remarks, and workers would walk out of those sites at noon, the source said.
- The union historically selects one of the Detroit Three as the target for negotiations, setting the pattern for subsequent deals.
Quick Glance: UAW President Criticizes Trump's Loyalty to the 'Billionaire Class' Ahead of Visit
- UAW President Shawn Fain criticizes former President Trump, stating that he serves a 'billionaire class,' one day before Trump's visit to Detroit to speak with union members.
- Fain added, 'He serves a billionaire class, and that's the problem in this country.'
- Fain stated, 'All you have to do is look at his track record.'
- Fain said, 'And the ultimate proof of how much he cares about our workers was in 2019 when he was the president of the United States.'
Quick Glance: Trump pretends to support workers amid UAW strike
- The former president is undeniably trying to impress Michigan workers.
- Trump repeatedly boasted about his extensive infrastructure plans, promoting one infrastructure week after another.
- Trump successfully passed a significant legislation: $1.5 trillion in tax cuts that primarily benefited the wealthy and corporations, while providing minimal benefits to workers like the UAW members on strike.
- When it comes to unions, Trump doesn't genuinely support them - what he supports is union members supporting him.
Auto workers are on strike at General Motors, Ford and Stellantis ...
UAW strike Day 4
Quick Glance: UAW resumes talks with Stellantis, Chrysler's parent company
- The United Auto Workers and Stellantis have resumed their negotiations as the strike against the Detroit Three automakers enters its fourth day.
- Analysts and industry representatives are questioning how long it will take for the UAW to strike at additional locations to increase pressure on the automakers.
- The strikes have halted production at plants in Michigan, Ohio, and Missouri that manufacture the Ford Bronco, Jeep Wrangler, Chevrolet Colorado, and other popular models.
- Ford has temporarily laid off 600 non-striking workers at the Michigan Bronco plant due to the impact of the work stoppage.
Quick Glance: Ford halts construction of $3.5B battery plant in Michigan
- Ford announces partnership with Chinese company Amperex Technology to build a battery plant for electric vehicles in Marshall, Michigan.
- Despite raising its offer to the union, Ford has been unable to secure a deal in contract talks.
- Ford is pausing work on the Marshall project and limiting spending until the plant's competitiveness is ensured.
- Ford plans to quadruple sales of hybrid vehicles over the next five years.
Quick Glance: Is Justin Fields Already a Failure for the Bears?
- The Bears had an ugly start to the season, getting blown out by the Packers and coming up short against the Bucs.
- Fields simply refuses to throw the ball away.
- This Bears offense is both using Moore poorly, and Fields isn’t willing to take the downfield shots needed to improve this offense.
- It's not over yet for Justin Fields.
Quick Glance: UAW justifies wage demands with CEO pay raises. How high were they?
- Barra, the only CEO since 2019, is the highest paid with a compensation package worth $28.98 million in 2022.
- Farley's package last year included $15.14 million in stock awards, vesting over three years based on performance.
- Tavares' 2022 compensation was 21.95 million euros, including 10.9 million in stock awards with a three-year vesting period.
- This is actually a 24% decline from Manley's 2019 compensation package of 29.04 million euros, according to Equilar.
Quick Glance: Bernie Sanders' Four-Day Week Proposal Holds Merit
- Senator Bernie Sanders supports the demand for a four-day workweek with five-day pay.
- The auto industry has seen a decline in real wages and excessive working hours.
- Sanders joins a 100-year-old battle, advocating for a better work-life balance.
- With the threat of automation, more workers may align with Sanders' perspective.
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