The automobile sector strike spreads in the US.
The strike launched by the United Auto Workers (UAW), the US auto workers union, in some factories of the three major automakers in Detroit, may spread to other factories with new strike announcements today .
The UAW launched simultaneous strikes at Ford, General Motors and Stellantis assembly facilities in the United States in early September and announced it would expand the strikes if no progress was made in contract negotiations.
Wall Street, industry executives and the White House are watching whether union President Shawn Fain will close powertrain plants that assemble pickup trucks and large SUVs from which the three major auto companies make most of their profits. Profits.
NEGOTIATIONS CONTINUE
A source briefed on the negotiations said negotiations between representatives of the three major companies and the union were “quite active.”
close to the topic other One source stated that if the union president goes on strike at more factories today, the union could continue its current work stoppages until the new contract is approved.
18,300 WORKERS ARE ON STRIKE
Currently, approximately 18,300 Detroit Three employees, or 12 percent of its total 146,000 employees, are on strike. Striking workers receive $500 a week from the union’s strike fund.
The union shut down operations at a Detroit Three assembly plant and 38 parts distribution centers for GM and Stellantis. (REUTERS)
Source: Sozcu
Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.
