DETROIT – UAW President Shawn Fain just announced on Facebook Live that the union, at noon today, will expand its Stand Up Strike against General Motors and Stellantis at 38 locations across 20 states. On Monday, Fain had announced that the union would expand its Stand Up Strike against automakers that did not make substantial progress toward a
UAW family and allies — A few minutes ago, thousands of UAW members at Ford, GM, and Stellantis walked out, marking the beginning of the Stand Up Strike. UAW members at GM Wentzville Assembly, Local 2250 in Region 4 are ON STRIKE. UAW members at Stellantis Toledo Assembly Complex, Local 12 in Region 2B are ON STRIKE. UAW members at Ford Michigan Assembly Plant – Final Assembly and Paint, Local
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.
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
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
The UAW has officially kicked off contract talks with all the Big Three automakers. This year’s negotiations had a very different tone even before our bargaining teams got to the table. In the past, bargaining began with a staged ceremony where UAW leaders shook hands with company CEOs. This year, our union’s top officers headed