LORDSTOWN, Ohio – UAW workers at Ultium Cells voted 895 to 22 over the weekend to ratify an interim agreement that immediately raises wages $3 to $4 an hour and provides thousands of dollars in back pay for hundreds of workers. The interim deal came after months of negotiations and an ongoing UAW campaign to win justice for electric vehicle workers at Ultium and across the country. Negotiations for a complete first contract will continue between the union’s elected bargaining committee and Ultium Cells, a joint venture between General Motors and LG Energy Solution. “UAW members at Ultium are proving that ...
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President Joe Biden issued a statement Monday on the contract talks between the United Auto Workers and the Big Three automakers. The current UAW contract expires in one month on Sept. 14 at 11:59 p.m. (The full statement from President Joe Biden is below the following remarks from UAW President Shawn Fain.) UAW President Shawn Fain issued these remarks about Biden’s statement: “At this critical moment in negotiations, we appreciate President Biden’s support for strong contracts that ensure good paying union jobs now and pave the way for a just transition to an EV future. We agree with the ...
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Ford Motor Company far outpaced analysts’ expectations in the second quarter, reporting that its net income nearly tripled from a year ago to $1.9 billion. For the full year, Ford expects adjusted EBIT of $11 billion to $12 billion. That’s a significant increase over the $9 billion to $11 billion Ford had predicted last quarter. In 2022, Ford’s adjusted EBIT was $10.4 billion, so even the company’s lower guidance exceeds last year’s results. The 150,000 UAW members at Ford, GM and Stellantis began negotiations for a new contract with the Big Three automakers this month. All three companies have now ...
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This morning, Stellantis reported record profits for the first half of 2023, posting $12.1 billion (10.9 billion euros) in net profit. That’s a 37 percent increase over last year. Only 33 percent of Stellantis’ global workforce is in North America, yet workers here made the bulk of the automaker’s operating income: 57 percent of the automaker’s $15.7 billion (14.1 billion euros) in operating income was made in North America. The 150,000 UAW members at Stellantis, Ford and General Motors began negotiations for a new contract with the three automakers this month. Altogether, the Big Three companies made a quarter-trillion dollars ...
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DETROIT – General Motors reported adjusted earnings of $3.2 billion in the second quarter, up 39% over last year and driven almost entirely by North American profits. The Wall Street Journal reported that GM’s quarterly revenue was $44.7 billion, 25% more than last year and “a post-bankruptcy record.” GM far exceeded analysts’ expectations and raised its full-year adjusted earnings forecast to between $12 billion and $14 billion. The 150,000 UAW members at GM, Ford and Stellantis began negotiations for a new contract with the three automakers this month. Altogether, the Big Three made a quarter-trillion dollars in North American profits over ...
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The UAW stands in solidarity with the 170,000 workers of SAG-AFTRA and the Writers Guild of America currently on strike fighting for a fair contract with the Alliance of Motion Picture and Television Producers (AMPTP). Both strikes are the result of the AMPTP refusing to address the key issues of working actors and writers. While workers in the film & television industry have seen their working conditions and standard of living come under attack, top Hollywood executives continue to be paid hundreds of millions of dollars. Warner Brothers CEO David Zaslav alone has made close to $500 million dollars over ...
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Today, the Supreme Court released yet another anti-worker decision, reversing efforts to cancel student debt. By definition, it is not the rich, but the working class, who suffer from student loan debt, taking out loans in hopes of bettering themselves and their economic prospects. In striking down student debt relief, the Court has effectively stolen $430 billion from the pockets of the working class. While the Court finds no issue with massive tax cuts for the rich, billions in corporate welfare, or repeated efforts to make it more difficult to vote, strike, or organize, today’s decision shows the level of ...
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In honor of the closing of Pride Month 2023, UAW President Shawn Fain issued the following statement: “Our union is proud to stand with all workers fighting for justice on and off the job. In our union’s constitution, Article 2, Section 2, we set out “to unite in one organization, regardless of religion, race, creed, color, sex, political affiliation or nationality, age, disability, marital status or sexual orientation, gender identity or gender expression, all employees under the jurisdiction of this International Union.” “To unite in one organization, regardless of sexual orientation, gender identity, or gender expression.” As the UAW International ...
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Today, the Supreme Court upended 50 years of precedent to make access to higher education more difficult for students of color. Students of color often come from working class families and rely on higher education to access good jobs and stable careers. Access to higher education is a labor issue. This latest anti-worker, divide-and-conquer tactic from the Court seeks to block the pathway to good jobs both on and off campuses. The 100,000 UAW members working in higher education, from coast to coast, from the public to the private sector, stand united against this attack on working people. “Institutionalized and ...
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Yesterday, the federal government announced a massive $9.2 billion giveaway loan to Ford Motor Co. through the Department of Energy to create 7,500 low-road jobs with no consideration for wages, working conditions, union rights or retirement security. This handout may further enrich Ford shareholders, but it shortchanges communities and the UAW members who produce Ford’s vehicles, powertrains and record-breaking profits. UAW President Shawn Fain’s response below: “We have been absolutely clear that the switch to electric engine jobs, battery production and other EV manufacturing cannot become a race to the bottom. Not only is the federal government not using its ...
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