UAW prepares to strike, says offers from Detroit automakers are inadequate

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UAW prepares to strike, says offers from Detroit automakers are inadequate
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It would be the first time in the union’s 80-plus-year history that it struck all three companies at the same time.

Fain said the final decision on which plants to strike won’t be made until Thursday night and will be announced at 10 p.m. Eastern time.

The union will not extend contracts, so those who stay at work will do so with an expired agreement. Fain said he understands sentiment behind an all-out strike, which is still possible. But he said the targeted-strike strategy is more flexible and effective. In addition to general wage increases, the union is seeking restoration of cost-of-living pay raises, an end to varying tiers of wages for factory jobs, a 32-hour week with 40 hours of pay, the restoration of traditional defined-benefit pensions for new hires who now receive only 401-style retirement plans, pension increases for retirees and other items.

In a statement, Stellantis said it gave the union a third wage-and-benefit offer and is waiting for a response. Farley, the Ford CEO, said in a statement that his company has made four “increasingly generous” offers since Aug. 29. “We still have not received any genuine counteroffer,” he said.

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