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UAW says has 23% wage increase at all three companies on the table
The Fly

UAW says has 23% wage increase at all three companies on the table

Says extremely profitable companies have more to give. Says Kentucky strike dealt serious blow to Ford (F), but also meant to send a message to Stellantis (STLA) and General Motors (GM). Says days of UAW and Ford acting as a team is over. Says will not partner with Big 3 to match the low standard of non-union autoworkers. Says going to unionize autoworkers everywhere. Says Ford’s dividends show the UAW that money is there, but they don’t want the autoworkers to have it. Says Stellantis and Ford both have put more new money on the table. Says took Fords biggest plant out and they haven’t come back with anything new. Says wages at all three companies we have a 23% raise on the table, up from 20% a couple days ago. Says killed massive wage tiers at all three major companies. Says in regards to cost of living, Ford back to where it was in 2009. Says fighting to end abuse of so called temp workers. Says won right to strike over plant closure at Ford and Stellantis, but GM won’t grant it. Says wont two weeks of parental leave at Big 3. Says Ford and Stellantis agreed to 9% contribution to 401k with GM at 8%. Says not sticking to Friday expansions. Comments take from UAW livestream update.

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