With a deadline looming just before midnight Thursday, the United Auto Workers union and Detroit's three automakers remain far apart in contract talks, and the union is preparing to strike.
In an online address to union members Wednesday, union President Shawn Fain said General Motors, Ford and Stellantis have raised initial wage offers, but have rejected some of the union's other demands."We do not yet have offers on the table that reflect the sacrifices and contributions our members have made to these companies," he said. "To win we're likely going to have to take action. We are preparing to strike these companies in a way they've never seen before.
Farley said if the union strikes his company, it's not Ford's fault because it has made four offers and hasn't gotten a "genuine counteroffer." The union president said it is still possible that all 146,000 UAW members could walk out, but the union will begin by striking at a limited number of plants.
The UAW started out demanding 40% raises over the life of a four-year contract, or 46% when compounded annually. Initial offers from the companies fell far short of those figures. The UAW later lowered its demand to around 36%. In a statement, Stellantis said it gave the union a third wage-and-benefit offer and is waiting for a response.
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