The company posted net income of more than $3 billion from July through September, down 7% from the same period last year due to lost production from the strike, and also increased warranty costs
Union President Shawn Fain reported progress in talks with General Motors and Stellantis but said the companies will have to make better offers
Shawn Fain said Stellantis and GM have made wage offers that matched Ford’s 23% over the life of a four year contract, but insisted that the companies can go further
GM spokesman Kevin Kelly said the change has nothing to do with the ongoing four-week partial strike by members of the United Auto Workers union
Last week, 8,700 union members stopped working at the largest and most profitable Ford plant in the world, the Kentucky Truck Plant in Louisville
Ford said the move puts about a dozen other facilities at risk, as well as parts supply plants that together employ over 100,000 people
The companies say the strikes have forced them to impose those layoffs, but the UAW contends the job cuts were unjustified and imposed as part of the companies’ pressure campaign to persuade union members to accept less favorable terms in negotiations with automakers
The United Auto Workers said 4,000 unionized workers walked out at 7 a.m. Monday, adding to labor turmoil in the industry that has ensnared all three big Detroit automakers
Union president Shawn Fain defended his strike strategy on Friday: ‘Our strike is working, but we’re not there yet’
The company will need a big finish to 2023 to realize CEO Musk’s stated goal of increasing its sales by 50% annually
Stellantis was spared from the third round of strikes, which will spread to 7,000 union workers in Chicago and Lansing
During his speech Wednesday night, the former president and Republican frontrunner attacked electric cars and presented himself as the defender of the ‘working class’
‘Wall Street didn’t build this country, the middle class built this country, and unions built the middle class,’ the president said Tuesday. ‘You deserve what you’ve earned, and you’ve earned a hell of a lot more than you’re getting paid’
The president of the United States is going to Michigan on Tuesday to support UAW workers striking against General Motors, Ford and Stellantis
Autoworkers are fighting to stay in the middle class in a conflict that will have a far-reaching impact on labor, industry and politics
Another 5,600 additional workers joined the strike. Ford was spared because the company has met some of the union’s demands during negotiations over the past week
About 13,000 auto workers have walked off their jobs at targeted factories after union leaders couldn’t reach a deal with automakers. Here’s what you need to know about the UAW strike
In a video statement late Monday, United Auto Workers President Shawn Fain said more factories may be picketed if there is no significant progress in talks by the end of the week
The CEOs of the automakers earn between 281 and 365 times what an average employee makes in a year
GM warned that 2,000 UAW-represented workers at an assembly plant in Kansas City are ‘expected to be idled as soon as early this week’ because of a shortage of supplies from another plant near St. Louis, where workers walked off on Friday
CEO pay has ballooned for decades, while wages for ordinary workers have lagged. But did the Big Three chief executives really get 40% pay increases? Not exactly
The United Auto Workers announced a targeted strike at three factories after talks broke down with General Motors, Ford and Stellantis
An extended work stoppage at Ford, GM and Stellantis would affect thousands of jobs in Mexico that depend on the automotive export industry
The UAW union is behind walkouts at General Motors, Ford and Stellantis plants due to deadlock over a new collective bargaining agreement. It is the first time the union has acted against the Big Three simultaneously
UAW President Shawn Fain says General Motors, Ford and Stellantis have raised their initial wage offers but have rejected some of the union’s other demands
United Auto Workers are threatening to stop work at General Motors, Ford and Stellantis if a new collective agreement is not reached
The United Auto Workers is threatening to strike against the nation’s big three automakers, General Motors, Ford and Stellantis, if tentative contact agreements aren’t reached by 11:59 p.m. on Thursday