2023-10-29 19:53:12
Joe Biden said in a statement that the Stellantis contract “testifies to the power of unions and collective bargaining to create strong middle-class jobs.” Mike Dot – stock.adobe.com
Given its duration, this strike had become very political.
The strike which has affected the three major American manufacturers across the Atlantic for seven weeks is approaching its end. Above all, the situation is now different between manufacturers. On Wednesday, October 25, an agreement was reached between the UAW (United Auto Workers), the union of auto industry workers, and Ford. On Saturday 28, it was Stellantis, owner of Chrysler, who found common ground with the union.
At the start of the movement, Shawn Fain, the president of the UAW, called for a 40% wage increase, while Ford, for example, only proposed a 9% increase. In the end, both Ford and Stellantis agreed on a 25% increase in wages by 2028, the union said. In addition, adjustment mechanisms linked to the cost of living will make it possible to achieve an increase of 33% over the duration of the contract. Manufacturers have also committed to investments. Stellantis has thus promised $19 billion in new investments in its operations in the United States. Strikes will cease as these agreements are ratified by factory workers.
Given its duration, this strike had become very political. The American President, Joe Biden, declared, in a press release, that the Stellantis contract “testifies to the power of unions and collective bargaining to create strong middle-class jobs.”
Also read: Stellantis moves up a gear in the utility vehicle segment
However, no agreement was reached with General Motors, the third and largest automobile manufacturer in the United States. On the contrary, the UAW expanded its action to the Spring Hill Engine Plant in Tennessee. This site supplies engines for the production of GM’s large pickup trucks, which are the most profitable vehicles in the United States. The manufacturer has declared that it wants to find an agreement as quickly as possible, but the resumption of negotiations has not yet been set.
”
data-script=”
>
#strike #Ford #Stellantis