Daily Guardian UAEDaily Guardian UAE
  • Home
  • UAE
  • What’s On
  • Business
  • World
  • Entertainment
  • Lifestyle
  • Sports
  • Technology
  • Travel
  • Web Stories
  • More
    • Editor’s Picks
    • Press Release
What's On

IBPC Dubai, India Club come together to mark India’s 77th Republic Day with culture, community and collaboration

January 24, 2026

Google Research suggests AI models like DeepSeek exhibit collective intelligence patterns

January 24, 2026

IFZA and IHC unveil a Pioneering Global Partnership at the World Economic Forum Annual Meeting 2026

January 24, 2026

You can now enjoy Substack on a TV, if that’s your idea of fun times

January 24, 2026

Microsoft tells you to uninstall the latest Windows 11 update

January 24, 2026
Facebook X (Twitter) Instagram
Finance Pro
Facebook X (Twitter) Instagram
Daily Guardian UAE
Subscribe
  • Home
  • UAE
  • What’s On
  • Business
  • World
  • Entertainment
  • Lifestyle
  • Sports
  • Technology
  • Travel
  • Web Stories
  • More
    • Editor’s Picks
    • Press Release
Daily Guardian UAEDaily Guardian UAE
Home » UAW, automakers resume talks as US strike stretches into second day
Business

UAW, automakers resume talks as US strike stretches into second day

By dailyguardian.aeNovember 17, 20234 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Talks between the United Auto Workers and the Detroit Three automakers resumed on Saturday, a day after the union initiated the most ambitious US industrial labour action in decades with simultaneous strikes targeting a trio of auto plants.

The four-year labour deal between the union and General Motors, Ford Motor and Chrysler-parent Stellantis expired at 11.59pm EDT on Thursday. Stellantis said on Saturday it has hiked its offer, proposing raises of 20 per cent over a four-and-a-half-year contract term, including an immediate 10 per cent hike. That matches proposals from GM and Ford.

The automakers say the proposals work out to a cumulative 21 per cent hike over the period, but they are still significantly below the 40 per cent wage hike the UAW is demanding through 2027. The union’s wage demand includes a 20 per cent immediate increase.

“We do care. We absolutely do care,” Mark Stewart, the North American chief operating officer for Stellantis, told reporters on Saturday, describing the company’s latest offer as “very compelling.”

“This is not about greed. This is about sharing success,” he said.

Stellantis also said it is offering more than $1 billion in retirement security improvements and other increases in benefits. Stewart said the UAW rejected a Stellantis proposal to keep an Illinois assembly plant open that was contingent on reaching agreement before the contract expiration. He declined to offer specific details, but added that the company was still willing to talk about the facility’s future.

The strikes have halted production at three plants in Michigan, Ohio and Missouri that produce the Ford Bronco, Jeep Wrangler and Chevrolet Colorado, along with other popular models.

Automakers say they need cost-competitive contracts because of the need to spend billions of dollars to make the transition to electric vehicles (EV), while workers note US automakers have enjoyed robust profits over the last decade and had hiked CEO salaries by 40 per cent on average since 2019.

On Friday, Ford said it was indefinitely laying off 600 workers at a Michigan plant because of the impact of the strike at the facility, which makes the Bronco SUV, and GM told some 2,000 workers at a Kansas car plant that their factory likely would be shut down next week for lack of parts, stemming from a strike at a Missouri plant.

Stellantis said on Saturday it does not anticipate any other plants being disrupted by the strike at its Jeep plant in Toledo, Ohio.

UAW President Shawn Fain called the reports of planned layoffs of non-striking workers an attempt by the automakers to “squeeze” union members into accepting a weaker settlement.

“Their plan won’t work,” Fain said in a statement. “We’ll organise one day longer than they can, and go the distance to win economic and social justice at the Big Three.”

Besides higher wages, the UAW is demanding shorter work weeks, restoration of defined benefit pensions and stronger job security as automakers make the EV shift. The union also wants an end to so-called “two-tier” wages, while automakers have proposed cutting the number of years needed to reach top pay levels from eight to four years. The UAW said the automakers has rejected many key demands.

US automakers have said the UAW demands could hike the current mid-$60-per-hour labor cost to more than $150 an hour. GM said on Thursday the UAW wage and benefits proposals would cost it $100 billion, while Ford CEO Jim Farley said the 40 per cent UAW wage hike would “put us out of business.”

US President Joe Biden, who faces re-election next year, called on Friday for the auto companies to reward workers just as executives’ salaries have risen. “The companies have made some significant offers, but I believe they should go further to ensure record corporate profits mean record contracts,” he said.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Rabee’s Iraq stock exchange index achieves 8.5% growth in September – News

Middle East crisis derails Bitcoin recovery – News

MAG launches Dh350 million tower at Dubai Sports City – News

Taqa Group successfully prices $1.75 billion dual tranche 7-year and 12-year bond offering – News

UAE-Serbia Cepa set to add $351m to GDP – News

Coinbase to delist some stablecoins in Europe ahead of new regulations – News

Family credit in UAE banking sector hits $115b – News

Boeing, striking union to return to negotiations on Monday – News

Wall St Week Ahead: Investors look to earnings to support record-high stock prices – News

Editors Picks

Google Research suggests AI models like DeepSeek exhibit collective intelligence patterns

January 24, 2026

IFZA and IHC unveil a Pioneering Global Partnership at the World Economic Forum Annual Meeting 2026

January 24, 2026

You can now enjoy Substack on a TV, if that’s your idea of fun times

January 24, 2026

Microsoft tells you to uninstall the latest Windows 11 update

January 24, 2026

Subscribe to News

Get the latest UAE news and updates directly to your inbox.

Latest Posts

Your cheap Chevrolet EV might not be cheap for Long

January 24, 2026

Talk to AI every day? New research says it might signal depression

January 24, 2026

Nintendo’s latest product wants to cheer you up with random quips

January 24, 2026
Facebook X (Twitter) Pinterest TikTok Instagram
© 2026 Daily Guardian UAE. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.