Stellantis Contract Proposal May Lead to Closure of 18 U.S. Facilities, Sources Say According to confidential sources, automaker Stellantis has presented a contract proposal to the United Auto Workers (UAW) union that could result in the closure of 18 facilities in the United States. However, the proposal also includes potential investments and the reutilization of …
Blue Cross Blue Shield employees show their support to members of the United Auto Workers (UAW) union as they march through the streets of downtown Detroit following a rally on the first day of the UAW strike in Detroit, Michigan, on September 15, 2023. Matthew Hatcher | AFP | Getty Images DETROIT – The United …
Demonstrators during a United Auto Workers (UAW) practice picket outside the Stellantis Mack Assembly Plant in Detroit, Michigan, US, on Wednesday, Aug. 23, 2023. Jeff Kowalsky | Bloomberg | Getty Images The United Auto Workers labor union launched targeted strikes against the three Detroit automakers early Friday morning. The stoppages affect three plants that make …
WASHINGTON — President Joe Biden expressed his belief on Friday that workers should receive fair compensation as auto companies generate record profits. This statement comes after the United Auto Workers union initiated a strike against General Motors, Ford Motor, and Stellantis. In a speech at the White House, Biden acknowledged that the companies have made …
Sen. Bernie Sanders (I-VT) and UAW President Shawn Fain (left) speak at a rally in support of United Auto Workers members as they strike the Big Three automakers on September 15, 2023 in Detroit, Michigan. Bill Pugliano | Getty Images Sen. Bernie Sanders addressed striking autoworkers in Detroit on Friday, urging working people across the …
Demonstrators during a United Auto Workers (UAW) practice picket outside the Stellantis Mack Assembly Plant in Detroit, Michigan, US, on Wednesday, Aug. 23, 2023. Jeff Kowalsky | Bloomberg | Getty Images Stellantis recently announced its latest proposal to the United Auto Workers, which includes significant raises of nearly 21% throughout the duration of the contract. …
Detroit’s UAW Strike: Blue-Collar Versus Billionaire Battle The United Auto Workers strike led by UAW President Shawn Fain has brought a blue-collar versus billionaire battle to the Motor City of Detroit. Fain, an outspoken and emboldened leader, has skillfully leveraged the strike to bring the UAW back into the national spotlight, representing not only union …
Companies Making Headlines in Midday Trading – September 15, 2023 Companies Making Headlines in Midday Trading Check out the latest updates on the companies making headlines during midday trading on September 15, 2023. General Motors, Ford, Stellantis Shares of Ford were relatively unchanged, while General Motors saw a 0.9% increase and Stellantis rose by 2.2% …
During the United Auto Workers national strike in Bowling Green, Kentucky, on October 10, 2019, General Motors assembly workers picket outside the General Motors Bowling Green plant. Bryan Woolston | Reuters Discover the pre-market market movers. KeyCorp — Piper Sandler upgraded KeyCorp to overweight from neutral, causing the Cleveland-based regional bank’s shares to rise nearly …
Members of the United Auto Workers union hold a rally and practice picket near a Stellantis plant in Detroit, Aug. 23, 2023. Michael Wayland / CNBC DETROIT – Thousands of members of the United Auto Workers went on strike at three U.S. assembly plants of General Motors, Ford Motor, and Stellantis, after the union and …