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The UAW used social media last night to update members about the contract talks at Stellantis (formerly Fiat-Chrysler or FCA). Shawn Fain led of course with the oft used observation that “Stellantis just made $12.1 billion in net profits in the first half of 2023. Altogether, the Big Three have made $21 billion in profits in just the first six months of this year. That’s on top of the quarter-trillion dollars in North American profits they made over the last decade. While the Big Three executives have gotten rich off our labor, UAW members have been left behind.”
What followed was an update that appears to show that little to no progress is being made. The UAW contract expires on Sept. 14, and it covers 150,000 autoworkers at Ford, General Motors and Stellantis. Stellantis CEO Carlos Tavares’ compensation has increased 72% over the last four years, the UAW noted.
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Here’s a summary
- UAW want – Eliminating Tiers
- Stellantis offer – Adding additional tiers
- UAW want – Wage increases and Restore COLA (cost of living)
- Stellantis offer – Threatens profit sharing
- UAW want – Re-establish retiree medical benefits
- Stellantis offer – Cuts to our existing medical coverage
- UAW want – Right to strike over closures and Working Families Protection Program to keep workers employed and communities thriving in the event of job loss.
- Stellantis offer – No new product on the table for Belvidere, holding the rest of our jobs and communities hostage to possible plant closures.
- UAW want – More paid time off.
- Stellantis offer – Elimination of Holiday Conversion option, forcing distribution of vacation time to rest of year. Less vacation for recent hires. Right to force overtime.
The parting UAW requests to members: “If you see management handing out flyers or giving bargaining updates, ask them: Why are you adding tiers instead of eliminating them? The CEO’s pay rose 22% last year. Aren’t we worth that much? If you’re trying to keep Belvidere closed, then what plant is next?”
Listen to Shawn Fain talking to UAW members HERE.
UAW Publicly Pans Stellantis Contract Proposal
Click for details.
The UAW used social media last night to update members about the contract talks at Stellantis (formerly Fiat-Chrysler or FCA). Shawn Fain led of course with the oft used observation that “Stellantis just made $12.1 billion in net profits in the first half of 2023. Altogether, the Big Three have made $21 billion in profits in just the first six months of this year. That’s on top of the quarter-trillion dollars in North American profits they made over the last decade. While the Big Three executives have gotten rich off our labor, UAW members have been left behind.”
What followed was an update that appears to show that little to no progress is being made. The UAW contract expires on Sept. 14, and it covers 150,000 autoworkers at Ford, General Motors and Stellantis. Stellantis CEO Carlos Tavares’ compensation has increased 72% over the last four years, the UAW noted.
Click for more.
Here’s a summary
The parting UAW requests to members: “If you see management handing out flyers or giving bargaining updates, ask them: Why are you adding tiers instead of eliminating them? The CEO’s pay rose 22% last year. Aren’t we worth that much? If you’re trying to keep Belvidere closed, then what plant is next?”
Listen to Shawn Fain talking to UAW members HERE.