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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.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
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.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.