By David Shepardson WASHINGTON (Reuters) - Talks between the Detroit Three automakers and United Auto Workers union are nearing a Thursday night ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy David Shepardson
Coordinated strikes would mark the first-ever simultaneous labor stoppage at all three Detroit automakers and one of the largest U.S. industrial labor actions in recent years. Fain said late Monday the UAW had made some headway, but an agreement was still not in reach."We've made some progress, a little bit of progress but it's still slow but we're moving," Fain told CNN.
Stellantis on Monday made another counteroffer after the union made a revised offer on Sunday and could make another one on Tuesday, a source said.The UAW on Friday had rejected revised offers from Stellantis, General Motors and Ford Motor. GM made a new offer to the UAW over the weekend, but the details were not immediately available.
The UAW initially sought a 20% wage hike upon ratification and four annual 5% hikes, but has trimmed those hikes to around 36% in total, three sources told Reuters.
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