{"id":60667,"date":"2023-09-13T20:56:01","date_gmt":"2023-09-14T00:56:01","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/uaw-strike-countdown-union-president-says-targeted-strike-possible-at-all-big-three-automakers\/"},"modified":"2023-09-13T20:56:04","modified_gmt":"2023-09-14T00:56:04","slug":"uaw-strike-countdown-union-president-says-targeted-strike-possible-at-all-big-three-automakers","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=60667","title":{"rendered":"UAW strike countdown: Union president says targeted strike possible at all Big Three automakers"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002497086\" role=\"document\">\n<p>United Auto Workers President Shawn Fain said Wednesday that autoworkers and the Big Three automakers are still far apart as negotiations continue, and that the union may strike all of the Big Three at once. <\/p>\n<p>\u201cWe\u2019re keeping all of our options open. An all-out strike is still a possibility,\u201d Fain said during a webcast with members, during which he also said the union will not be extending the contracts, which expire at 11:59 p.m. Eastern on Thursday.<\/p>\n<div class=\"paywall\">\n<p>The UAW and Ford Motor Co.<br \/>\n        F,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/208911460\/composite\" class=\"positive\">+1.53%<\/bg-quote><span>,<\/span><br \/>\n       General Motors Co.<br \/>\n        GM,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/205226835\/composite\" class=\"positive\">+0.57%<\/bg-quote><br \/>\n       and Stellantis NV<br \/>\n        STLA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/204248628\/composite\" class=\"negative\">-0.42%<\/bg-quote><br \/>\n       have made progress during their talks but were still far apart on the union\u2019s key priorities, though negotiations are ongoing, Fain said. <\/p>\n<p>\u201cFor the first time in our history, we may strike all of the Big Three at once,\u201d Fain said, adding that he looked at this time as \u201cour defining moment.\u201d <\/p>\n<p>He said if no deal is reached, the union plans to do \u201cstandup strikes\u201d at certain plants, which he said is designed to keep the companies guessing. These could escalate and spread elsewhere in order to give the union leverage in bargaining. He told UAW members that they should not strike unless their local is called to do so.<\/p>\n<p>A targeted strike helps the UAW avoid distributing strike pay, set recently at $500 a week per member, to all 150,000 of its members. But it could have a broader effect. <\/p>\n<p>\u201cIt is possible for strikes at critical parts plants to have much wider implications,\u201d Marick Masters, a business professor at Wayne State University in Detroit, said in an interview with MarketWatch on Wednesday.<em>\u00a0<\/em><\/p>\n<p>He noted that the 1998 strike against GM,  a work stoppage by 9,200 workers at two of that company\u2019s plants in Flint, Mich., resulted in shutdowns that affected more than 150,000 workers.\u00a0<\/p>\n<p><strong>See: <\/strong>These Ford, GM plants are the most likely strike targets<\/p>\n<p>Jody Calemine, a senior fellow and director of labor and employment policy at the Century Foundation, a progressive think tank, said Wednesday that the union is employing an interesting strategy.<\/p>\n<p>\u201cIt will turn the screws slowly and probe for weaknesses, and try to get as much movement out of companies as possible while keeping the options to escalate,\u201d he said.<\/p>\n<p>Calemine said Fain has done a \u201cmasterful job\u201d of painting the fight as a \u201creal showdown\u201d between working families and the companies. On Wednesday, Fain said the union has been accused of \u201cclass warfare,\u201d but that \u201cthe billionaire class has been taking everything\u201d for the last 40 years.<\/p>\n<p>But Calemine added that \u201cthe principal danger for the union would be losing the narrative. Other places would continue to work, or get laid off or locked out.\u201d<\/p>\n<p>That\u2019s reflected in some of the online comments by UAW members who watched Fain\u2019s update. One worker said on Facebook: \u201cStrike us all or none at all.\u201d<\/p>\n<p>The UAW president quoted scripture, repeated his calls for unity and said the \u201cstrike plan is driven by faith that together we can and will move mountains.\u201d<\/p>\n<p>Fain said the companies have revised some of their offers: On wages, Ford has put forward a 20% increase over the life of the four-year contract, up from its previous offer of 9%, while GM\u2019s latest offer is 18% and Stellantis\u2019s offer is 17.5%. That\u2019s compared to a wage increase of 40% \u2014 or 46% when compounded annually \u2014 that the union\u00a0sought originally and later revised to 36%.<\/p>\n<p>\u201cTheir proposals don\u2019t reflect the massive profits that we\u2019ve generated for these companies,\u201d Fain said.<\/p>\n<p>The union has pointed out that while the Big Three\u2019s profit has risen 65% over the past four years, and the pay of each of the companies\u2019 chief executives have risen 40%, the UAW top wage rate has risen 6% over that time.<\/p>\n<p><strong>See: <\/strong>Why United Auto Workers are fighting to end a two-tier system for wages and benefits<\/p>\n<p>A GM spokesperson said Wednesday that the company continues to bargain in good faith and sent a statement that reads in part: \u201cWe are making progress in key areas that we believe are most important to our represented team members. This includes historic guaranteed annual wage increases, investments in our U.S. manufacturing plants to provide opportunities for all, and shortening the time for in-progression employees to reach maximum wages.\u201d<\/p>\n<p>A spokesperson for Stellantis said the company is still waiting for the UAW\u2019s response to its latest offer. \u201cOur focus remains on bargaining in good faith to have a tentative agreement on the table before\u00a0the collective bargaining agreement expires,\u201d the spokesperson said.<\/p>\n<p>Ford did not immediately return a request for comment.<\/p>\n<p>The most recent U.S. autoworkers\u2019 strike was at GM in 2019, which lasted for nearly six weeks and involved about 50,000 workers. <\/p>\n<p><strong>See: <\/strong>Would a United Auto Workers strike provide an opportunity for Tesla \u2014 and push up used-car prices?<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/uaw-strike-countdown-union-president-says-targeted-strike-possible-at-all-big-three-companies-4ab15a1b?mod=personal-finance\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>United Auto Workers President Shawn Fain said Wednesday that autoworkers and the Big Three automakers are still far apart as negotiations continue, and that the union may strike all of the Big Three at once. \u201cWe\u2019re keeping all of our options open. An all-out strike is still a possibility,\u201d Fain said during a webcast with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":60668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-60667","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UAW strike countdown: Union president says targeted strike possible at all Big Three automakers | iFintechWorld<\/title>\n<meta name=\"description\" content=\"United Auto Workers President Shawn Fain said Wednesday that autoworkers and the Big Three automakers are still far apart as negotiations continue, and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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