Chicago area United Auto Workers prepare for looming strike

  • 📰 cbschicago
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Car Car Headlines News

Car Car Latest News,Car Car Headlines

The UAW is asking for up to a 40% raise from Ford, GM, and Stellantis, the company that makes Chrysler, Jeep, Dodge, and Ram vehicles.

The three are all offering around half of that asking price: Ford has offered a 20% raise, GM offered 18%, and Stellantis offered 17.5%.

"What their initial offer was, is to pay our hourly workers about $300,000 each, and to work four days. That would basically put our company out of business," said Ford CEO Jim Farley.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 546. in CAR

Car Car Latest News, Car Car Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer says 'watch Ford as a barometer' of potential United Auto Workers strike riskFord Motor's (F) stock may offer clues into Wall Street's current attitude toward potential strikes by the United Auto Workers union, CNBC's Jim Cramer said.
Source: CNBC - 🏆 12. / 72 Read more »