Posted on 09/15/2023 6:16:55 AM PDT by Salman
Members of the United Auto Workers began a strike Friday at three plants in the Midwest, walking out amid a contract dispute over pay, pensions and work hours at the three Detroit automakers.
The strike of each of the three Detroit automakers is not a full-scale walkout by the union’s roughly 150,000 members, but a “limited and targeted” work stoppage that could expand if talks remain bogged down.
The workers’ four-year contracts with General Motors, Ford Motor and Stellantis — which owns Chrysler, Jeep and Ram — expired at midnight Thursday, with the two sides far apart. The union, which is negotiating separate deals with each automaker, has never before staged a strike against all three companies at once.
An extended strike could complicate the Federal Reserve’s efforts to fight inflation by crimping the availability of new cars and driving up prices. A long and broad strike would ripple through the automakers’ supply chain and hurt other businesses while workers live off $500 a week in strike pay from the union.
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(Excerpt) Read more at nytimes.com ...
They went on strike?.....Will anyone notice?...................
Let’s see what Boden says. He said no way would they strike.
Hasn't seemed to have made a difference for the writers in Hollyweird. So...I'm thinking, no.
The only people who will notice are the guys who plow snow in dealer parking lots in the winter, because there will be fewer EV’s sitting in the parking lot waiting for a buyer.
It’s all been set up for Brandon to take credit when the strike ends.
The Automakers are keeping their money and moving to EVs even if it DESTROYS them
Inflation is bad but the union demands are injurious to the entire country via cost push inflation. Like fast food restaurants these wage demands will only speed up automation and encourage illegal hiring. Regarding demand, prices will increase and fewer people will buy new cars, eventually causing the end of dominance (not that we still have it) of the American auto industry. I recently suffered the loss of a 1 year old vehicle. Thankfully the insurance settlement was fair. When I looked for a replacement, a similarly equipped new vehicle would cost me $8-9,000 more than I paid 2 years ago. The difference being an increased base cost plus changes in vehicle configurations and increases in option packages. Needless to say I have not purchased a replacement vehicle and find myself drawing on these funds for other expenses, especially insurance and utility costs.
Luckily regional bank health and CRE can see us through these difficult times…
“not a full-scale walkout”
Quite cowardly.
If the economy is so damn great why would they even need to strike?.................
Anti-capitalist, communist greed rears its ugly head once more.
Now that there is one fine question. Kudos.
https://www.washingtonpost.com/business/2023/09/15/uaw-strike-updates/
Unlike the NYT, WaPo blames inflation on big corporations. I'm surprised the NY Times is out of step on this story.
what these mopes don’t realize is EVs have 90% less parts...meaning significantly less labor to make said parts.... and components included in EVS are not competitive to manufacture in US.
Setting themselves up like USW did in 1960 with Clause 2B in their contract- (no headcount reduction due to improvement). Starting the mid 70s, companies just shut off the blast furnaces, forever shuttering uncompetitive mills with early 20th century technology and methods.
“A 46% pay raise. A 32-hour week with 40 hours of pay. A restoration of traditional pensions.”
So I guess they want the pay raise and a reduced work week. Is that a 66% pay raise? Seems to me if they get all they want the end result would be Americans would just turn to buying foreign made autos and American car makers would go bust.
Not like public unions which only require the government to raise taxes.
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