UAW, automakers resume labor talks; Stellantis hikes wage offer

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UAW, automakers resume labor talks; Stellantis hikes wage offer
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By David Shepardson (Reuters) - Talks between the United Auto Workers and the Detroit Three automakers resumed on Saturday, a day after the union began ...

By David Shepardson - Talks between the United Auto Workers and the Detroit Three automakers resumed on Saturday, a day after the union began its first simultaneous strikes at three U.S.Lee's impacts to be felt as the storm tracks into Atlantic Canada this weekend | SaltWire - Talks between the United Auto Workers and the Detroit Three automakers resumed on Saturday, a day after the union began its first simultaneous strikes at three U.S. auto plants.

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

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