{"id":48013,"date":"2023-08-13T23:32:39","date_gmt":"2023-08-14T03:32:39","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/chrysler-owner-calls-for-focus-on-reality-in-uaw-labor-talks\/"},"modified":"2023-08-13T23:32:41","modified_gmt":"2023-08-14T03:32:41","slug":"chrysler-owner-calls-for-focus-on-reality-in-uaw-labor-talks","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=48013","title":{"rendered":"Chrysler owner calls for focus on reality in UAW labor talks"},"content":{"rendered":"<div>\n<div id=\"imgCarousel\" class=\"imgCarousel\">\n<p><span class=\"text\">\u00a9 Reuters. People attend a Stellantis presentation at the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS\/David &#8216;Dee&#8217; Delgado<\/span><br \/>\n<i class=\"imgGrad\"><\/i>\n<\/div>\n<p>By David Shepardson<\/p>\n<p>(Reuters) -Chrysler parent Stellantis sharply criticized the demands of the United Auto Workers (UAW) union on Friday, saying they need &#8220;a focus on reality from everyone involved.&#8221;<\/p>\n<p>Stellantis North America Chief Operating Officer Mark Stewart said in a letter to employees seen by Reuters the automaker is &#8220;committed to working with the UAW to reach an agreement based on economic realism.&#8221;<\/p>\n<p>A UAW spokesman declined immediate comment on Stewart&#8217;s letter, but earlier this week UAW President Shawn Fain called the Stellantis proposals &#8220;trash&#8221; and tossed a copy of them in a waste basket in live streamed remarks.<\/p>\n<p>Stewart added that agreeing to Fain&#8217;s &#8220;demands could endanger our ability to make decisions in the future that provide job security for our employees. This is a losing proposition for all of us.&#8221;<\/p>\n<p>The current four-year contracts with Stellantis, General Motors (NYSE:) and Ford Motor (NYSE:) expire Sept. 14.<\/p>\n<p>The UAW has said it is seeking &#8220;audacious and ambitious&#8221; improvements, including pay raises of more than 40% over four years, significant additional time off, and a restoration of defined-benefit pensions previously eliminated for newer workers.<\/p>\n<p>Fain Tuesday criticized numerous concessions Stellantis is seeking.<\/p>\n<p>&#8220;Stellantis proposals are a slap in the face,&#8221; Fain said disclosing the company was proposing cuts to healthcare coverage, fewer vacation days for new hires and lifting a cap on temporary employees.<\/p>\n<p>Stewart said Fain did not fairly represent the negotiations.<\/p>\n<p>&#8220;The theatrics and personal insults will not help us reach an agreement,&#8221; Stewart wrote, adding &#8220;now is the time to come to the table with open minds and a commonsense approach.&#8221; He added &#8220;at this very early stage, no one should jump to any conclusions about the outcome of the process.&#8221;<\/p>\n<p>Stellantis has made proposals aimed at reducing absenteeism and cutting pension, healt-care and other costs, saying that amid government electric vehicle rules, it was imperative to &#8220;find ways to reduce the overall fixed cost structure of our business&#8221;.<\/p>\n<p>The UAW also said the company opposes an end to two-tier wages, a practice of newer hires getting paid much less than veteran workers.<\/p>\n<p>Two people briefed on the matter told Reuters this week automakers have estimated the UAW&#8217;s contract demands could raise the current mid-$60-per-hour labor rate to more than $150 per hour. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/stock-market-news\/chrysler-parent-stellantis-criticizes-uaw-demands-in-labor-talks-3152725\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a9 Reuters. People attend a Stellantis presentation at the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS\/David &#8216;Dee&#8217; Delgado By David Shepardson (Reuters) -Chrysler parent Stellantis sharply criticized the demands of the United Auto Workers (UAW) union on Friday, saying they need &#8220;a focus on reality from everyone [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-48013","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Chrysler owner calls for focus on reality in UAW labor talks | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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