Current:Home > FinanceUAW to show list of economic demands to automakers this week, will seek worker pay if plants close -Blueprint Money Mastery
UAW to show list of economic demands to automakers this week, will seek worker pay if plants close
View
Date:2025-04-13 12:43:42
DETROIT (AP) — The United Auto Workers union will present a long list to General Motors, Ford and Stellantis when it delivers economic demands to the companies this week, the union’s president says.
And the message from newly elected chief Shawn Fain is that the companies are making big profits and can afford to pay up.
“Record profits mean record contracts,” Fain told members in a Facebook Live presentation Tuesday evening.
He reiterated potentially costly demands to end different wage tiers among workers, double-digit pay raises and restoration of cost-of-living pay, defined benefit pensions for all workers, and restoring retiree health coverage.
In addition, Fain said the UAW will ask that companies pay workers for doing community service or other work if their plants are closed, an apparent restoration of the much maligned jobs bank that was eliminated in 2009.
He also proposed a 32-hour work week so union members could spend more time with families and enjoying life.
“I know these demands sound ambitious,” he told workers. “But I also know that the Big Three can afford them.”
The union also wants bargaining with electric vehicle joint venture battery factories to be folded into the UAW national agreement. Currently joint ventures are bargaining separately and the UAW represents only one of the plants so far, in Ohio.
Demands were presented to Stellantis on Tuesday. GM will get the list on Wednesday and Ford on Thursday, Fain said.
The union represents 146,000 workers at the three automakers whose contracts expire at 11:59 p.m. Sept. 14.
Stellantis said in a statement Tuesday that it will review the demands “to understand how they align with our company proposals and where we can find common ground.”
The automaker, with 43,000 union members, said it has been clear from the start that it isn’t seeking concessions.
“As we have done for more than 70 years, we will work constructively and collaboratively with the UAW to find solutions that will result in a contract that is competitive in the global market, responsibly addresses employee concerns and meets the needs of our customers,” the company said.
GM, which has 43,000 UAW-represented workers, said Tuesday night that it will review the demands once it gets them on Wednesday.
Ford, which employs 57.000 UAW workers, more than either competitor, said it looks forward to working with the union on “creative solutions during this time when our dramatically changing industry needs a skilled and competitive work force more than ever.”
Collectively the Detroit Three made $20.7 billion in net profits in the first half of this year, which Fain said happened while worker pay has remained stagnant or regressed. He railed against CEO pay compared with that of workers and said it would take 16 years for a newly hired worker at GM’s joint venture battery plant in Ohio to make as much as CEO Mary Barra makes in one week.
The demands come as the threat of one or more strikes looms large over the talks. Fain has told workers they are poised to make major gains, but they have to be ready to walk picket lines if needed.
The companies say they have good relationships with the union and contend that their wages and benefits are the best in the industry. In addition, executives have argued that they’re under huge financial pressure to develop electric vehicles and to pay billions for EV and battery factories.
veryGood! (11)
Related
- Former Syrian official arrested in California who oversaw prison charged with torture
- Does your dog have arthritis? A lot of them do. But treatment can be tricky
- Jordan Chiles Reveals She Still Has Bronze Medal in Emotional Update After 2024 Olympics Controversy
- NFL Week 10 injury report: Live updates on active, inactive players for Sunday's games
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Mattel says it ‘deeply’ regrets misprint on ‘Wicked’ dolls packaging that links to porn site
- Jordan Chiles Reveals She Still Has Bronze Medal in Emotional Update After 2024 Olympics Controversy
- Utah AD Mark Harlan fined $40,000 for ripping referees and the Big 12 after loss to BYU
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Chiefs block last-second field goal to save unbeaten record, beat Broncos
Ranking
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- The Army’s answer to a lack of recruits is a prep course to boost low scores. It’s working
- Princess Kate makes rare public appearance after completing cancer chemo
- QTM Community Introduce
- Intel's stock did something it hasn't done since 2022
- Jerry Jones lashes out at question about sun's glare at AT&T Stadium after Cowboys' loss
- Trump on Day 1: Begin deportation push, pardon Jan. 6 rioters and make his criminal cases vanish
- Northern Taurid meteor shower hits peak activity this week: When and where to watch
Recommendation
Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
Judith Jamison, a dancer both eloquent and elegant, led Ailey troupe to success over two decades
Taylor Swift's Mom Andrea Gives Sweet Nod to Travis Kelce at Chiefs Game
'SNL' stars jokingly declare support for Trump, Dana Carvey plays Elon Musk
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Anti-abortion advocates press Trump for more restrictions as abortion pill sales spike
Utah AD Mark Harlan rips officials following loss to BYU, claims game was 'stolen from us'
Singles' Day vs. Black Friday: Which Has the Best Deals for Smart Shoppers?