"UAW President On Big 3 Negotiations"

Automotive industry

Blog post from May 24, 2023 at 11:19 PM. We want to share some new info. Here are the latest updates. Check out this blog for more details.

The UAW's new president is preparing for a major battle. He used Facebook Live to explain the importance of the fight.

The UAW's deal with the Big Three ends soon. The UAW's new leader is getting ready for a big battle. He talked about it on Facebook Live.

Shawn Fain, the President, made a promise on UAW International Facebook page. He plans to take an offensive stance on the new contract.

Fain said we used to aim and settle low before, but we won't do that anymore.

He says car companies have lots of money to share.

GM, Ford, and Stellantis earned a lot of money, according to Fain. The Big Three made almost $250 billion in profit in North America over the last decade.

It's an immense amount of money that's difficult to comprehend.

The Big Three had a lot of money. They could have bought all the NBA, MLB, and NHL teams. Even then, they still had $50 billion left over. However, autoworkers don't make a lot of money. It takes eight years to reach top pay. Some don't have retiree health care or pensions. Plus, inflation is making everything more expensive. This is because they don't have cost of living in their contracts.

He thinks these problems will be important in September when UAW meets with the automakers to make an agreement.

Fain thinks there are other problems to solve. He will listen to members next week.

He said they will have a national town hall in a week to discuss the Big Three companies and their expectations for bargaining.

The United Auto Workers had a town hall meeting. They used Zoom. The meeting was open to current and retired members. This was the first time they did this.

Fain thinks this contract negotiation is vital. It will be the most crucial fight of our generation. He thinks we can win if we stick together and take action quickly.

The Facebook Live didn't cover everything. There will be more talk about electric cars. People want to know what artificial intelligence does next.

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