UAW Launches Strike Against GM
As expected, some 48,000 of the United Auto Workers Union members began a strike at midnight Sunday against General Motors Co. facilities in the U.S.
#labor
As expected, some 48,000 of the United Auto Workers Union members began a strike at midnight Sunday against General Motors Co. facilities in the U.S.
Negotiations for a new four-year labor contract between the two sides resumes at 10 a.m. today.
Over the weekend GM offered the union $7 billion in future U.S. investments, the addition of 5,400 hourly jobs, better pay, improved benefits and $8,000 ratification bonuses.
The union describes the package as GM’s “first serious offer” and claims the walkout might have been averted if it had come earlier. Sunday’s strike is the UAW’s first nationwide walkout at GM in 12 years.
President Donald Trump weighed in last night, urging that the two sides “get together and make a deal!”
RELATED CONTENT
-
Targets of U.S. Aluminum and Steel Tariffs Declare Counter-Measures
As expected, the European Union, Canada and Mexico have announced a broad array of counter-tariffs in response to U.S. import taxes of 10% on foreign aluminum and 25% on foreign steel that went into effect at midnight.
-
Japanese Models Top “Most-American” List
The five most “American” models sold in the U.S. in terms of local content and labor all carry Japanese brands, says Cars.com.
-
GM, PSA Execs Rush to Build Support for Opel Sale
Top executives from General Motors Co. and PSA Group are scrambling to build support among alarmed European government and labor leaders for a plan to integrate GM’s Opel unit with PSA.