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The ‘Big Three’ autoworkers are about to go on strike — here’s what’s at stake

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Posted September 16, 20231 yr

From The Verge:

TL;DR: The United Auto Workers (UAW) is preparing to strike against Ford, General Motors, and Stellantis (Chrysler's parent company) if their demands for pay increases, shorter working hours, and stronger pensions are not met. The strike, which could impact the US economy and raise car prices, is a response to concerns about the auto industry's shift to electric vehicles (EVs) and the cost gap between unionized and nonunionized factories. The automakers argue that the cost gap puts them at a competitive disadvantage compared to foreign automakers, while the UAW believes record profits should result in better contracts for workers. The UAW also wants equal pay and benefits for workers involved in EV production. A strike could affect the automakers' EV plans and lead to higher car prices. While the cost of a strike would be significant, the UAW believes the cost of doing nothing is even higher.

Read More: Full Article on The Verge

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