UAW president Shawn Fain has vowed to add further targets to the union’s historic strike action against the Big 3 automakers.
The United Autoworkers Union is set to expand its unprecedented strike on the three major U.S. automakers Friday as it continues to bargain with Ford, General Motors and Stellantis and pay and pensions for its 150,000-plus members.
The union is seeking a 40% pay increase, spread over 4 and a half years, as well as the re-introduction of cost-of-living adjustments, defined benefits pensions and the end to pay tiering for newly-hired workers. "Our focus in not on politics but continues to be on bargaining in good faith with the UAW leadership to reach an agreement as quickly as possible that rewards our workforce and allows GM to succeed and thrive into the future," General Motors said in a statement ahead of Biden's visit to Michigan.
Anderson Economic Group, a Lansing, Mich., consultancy, published a report last weekend suggesting that even a 10-day strike could cost the U.S. economy around $5.6 billion and tip the economy of the state of Michigan itself into recession.
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