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UAW strikes at GM, Ford, Stellantis plants after no new contract reached (Semi Strike?)
Fox Business News ^ | September 15 2023 | Megan Henney

Posted on 09/15/2023 5:01:35 AM PDT by bert

The United Auto Workers union went on strike at three plants owned by the Big Three automakers – General Motors, Ford and Stellantis – after the two sides did not reach a new labor deal on Thursday night.

The workers are striking at a GM plant in Wentzville, Missouri; a Stellantis plant in Toledo, Ohio; and a Ford plant in Wayne, Michigan. Plants that were not called upon to strike will work without a contract, UAW President Shawn Fain said.

"The UAW Stand Up Strike begins at all three of the Big Three," the union said in a post on X, formerly known as Twitter, shortly after midnight on Friday.

Fain says this strategy will keep the automotive corporations guessing, with leadership determining further strikes.

UAW workers will hold a rally on Friday at 4 p.m. ET.

The main point of contention between the two sides is higher pay, with Fain saying the union is seeking a more than 40% general pay raise for rank-and-file members over four years.

Full-time assembly plant workers at Ford and GM earn $32.32 an hour, while part-timers currently make about $17 an hour. Full-time employees at Stellantis earn $31.77 an hour, and part-time workers earn close to $16 an hour.

The union is also pushing for making all temporary workers at the automakers permanent, cost-of-living adjustments, increases in pension benefits for current retirees and restoring pensions for new hires, among other benefits.

Ticker Security Last Change Change % GM GENERAL MOTORS CO. 33.66 0.00 0.00% F FORD MOTOR CO. 12.62 -0.02 -0.16% STLA STELLANTIS NV 18.84 -0.11 -0.58%

Fain has called the demands the "most audacious and ambitious list of proposals they've seen in decades."

Experts say the strike could cost the U.S. economy billions of dollars.

That is according to a new analysis from the Anderson Economic Group, a Michigan-based think tank that specializes in the economic impact of labor strikes. The report estimates that economic losses from a 10-day work stoppage could cost about $5.6 billion.

"Even a short strike would impact economies throughout Michigan and across the nation," said Patrick Anderson, CEO of the Anderson Economic Group.

That figure includes manufacturer losses of $989 million and lost direct wages of $859 million. It does not take into consideration strike pay, unemployment benefits, unemployment taxes, income taxes, government spending or settlement bonuses.


TOPICS: Business/Economy
KEYWORDS: strike; uaw
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The UAW lacked the guts to make a full fledged strike against one of the Big Three as they had earlier threatened. The UAW is making preposterous demands in the face of all three of the auto manufacturers being in peril.

A look at the stock prices makes a lie out of the UAW claims of great wealth. The Ford stock price hovering around only $12 is the certain indicator that the UAW is in existential crisis. The rticle worries about the US economy needlessly. All slack created by the Big Three will be taken up by the more competent American auto manufacturers.

Tesla stock rose back above the $275 per share price

1 posted on 09/15/2023 5:01:36 AM PDT by bert
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To: bert

If the rank-and-file had any sense they’d decertify their union.


2 posted on 09/15/2023 5:04:26 AM PDT by mewzilla (Never give up; never surrender!)
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To: bert

Haven’t bought anything from the Big Three since the Chevy Astro van in ‘85. Before that, had a Ford, Pontiac, Plymouth and Buick.

I do learn, if slowly.


3 posted on 09/15/2023 5:10:16 AM PDT by FarCenter (https://www.reuters.com/world/americas/aircraft-glitch-delays-canada-pm-trudeaus-departure-india-202)
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To: bert

Yes, let’s make cars even more expensive.


4 posted on 09/15/2023 5:10:54 AM PDT by fruser1
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To: bert

Timing wise, I hope this drives the price of used cars up as I am in the process of selling one.


5 posted on 09/15/2023 5:14:28 AM PDT by Reno89519 (DeSantis 2024. Successful Governor, Honorable Veteran, Respectful, Respected. No Baggage, No Drama.)
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To: bert
So instead of targeting one company to strike, the UAW has chosen to target one plant of each company.

I presume that they've targeted the plants that make the most profitable vehicles for each company.

We'll see how this strategy works. It causes pain for the automaker, but not too much, and it limits how much the UAW has to draw down it's strike fund.

6 posted on 09/15/2023 5:15:26 AM PDT by Yo-Yo (Is the /Sarc tag really necessary? Pray for President Biden: Psalm 109:8)
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To: bert
I hope to see sales of Mazda, Toyota, Hyundai etc go through the roof!!
A good AD campaign for them would be...Get your car from US..we CAN DELIVER.

In Lafayette IN, all SUBARU'S are made there.

7 posted on 09/15/2023 5:15:58 AM PDT by Paul46360 (What??ME worry?)
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To: bert

If they were striking to stop the transition to EVs I’d be all for the strike.


8 posted on 09/15/2023 5:17:20 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: Yo-Yo

I bet the union mafia rat ba$tard bosses know that if they do strike at all the plants..they would be toast


9 posted on 09/15/2023 5:17:40 AM PDT by Paul46360 (What??ME worry?)
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To: bert

an assembly plant worker makes $32.32 an hour plus benefits, which ultimately means they are making (or costing their employer) about 100 - 110K per year for at best semi-skilled labor.

They want COLA increases on top of 40% wage increases over the next 4 years?!!! Audacious isn’t the word I would use to describe the demands.


10 posted on 09/15/2023 5:20:39 AM PDT by jurroppi1 (The Left doesn't have ideas, it has cliches. H/T Flick Lives)
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To: bert

I’ll miss these guys as much as I’ve missed the Hollywood writers.


11 posted on 09/15/2023 5:21:34 AM PDT by moovova ("The NEXT election is the most important election of our lifetimes!“ LOL...)
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To: bert; thinden; bitt; philman_36

Clown show.
UAW pres is “Shawn Fain”...

What’s the name of the commie Irish terrorist group?

Effing circus run by the clowns in America.


12 posted on 09/15/2023 5:25:52 AM PDT by Cletus.D.Yokel (Cracker...)
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To: bert

They only wanted a 40% pay increase, guaranteed jobs, full pensions, and 32 hour work weeks. I don’t see why they shouldn’t get 100% raises, double pensions, and ‘come in when you feel like it’ work weeks. Damn, just give them the whole company.


13 posted on 09/15/2023 5:27:24 AM PDT by silent majority rising
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To: bert

Ford stock has been hovering around 12 for the past year. They live on the F150 (ICE) sales.


14 posted on 09/15/2023 5:28:43 AM PDT by hinckley buzzard ( Resist the narrative)
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To: bert

Biden said Strike would NEVER happen. Wrong again!!


15 posted on 09/15/2023 5:30:19 AM PDT by Sacajaweau ( )
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To: jurroppi1

Wages average $32 an hour plus benefits averaging about $25-30 an hour more. They’re not starving.


16 posted on 09/15/2023 5:30:34 AM PDT by hinckley buzzard ( Resist the narrative)
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To: bert

Joey to the rescue !!!!


17 posted on 09/15/2023 5:31:17 AM PDT by wardamneagle
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To: bert

Union strike is just a polite way of saying communist greed.


18 posted on 09/15/2023 5:34:04 AM PDT by FlingWingFlyer ("Try That In A Small Town" - Jason Aldean rules!)
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To: bert

They struck 3 of the slowest sellers, guessing that they will settle quick.


19 posted on 09/15/2023 5:35:19 AM PDT by StAnDeliver (TrumpII)
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To: StAnDeliver

Maybe the Big Three welcomed this strike … because it makes it easier to just stop producing any of those vehicles entirely. Then those UAW workers don’t have to worry about going back to work anyway.


20 posted on 09/15/2023 5:40:51 AM PDT by Alberta's Child (“Freedom is just another word for nothing left to lose.”)
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