Biden says no one wants UAW strike, but profits should be shared with workers
“I understand the workers’ frustration,” he said. “Record corporate profits … should be shared by record contracts for the UAW.”
“I understand the workers’ frustration,” he said. “Record corporate profits … should be shared by record contracts for the UAW.”
Major suppliers to the Detroit 3 plants on strike include Lear Corp., Dana Corp., Superior Industries, Cooper Standard, Tenneco and Martinrea, to name a few.
At an event bursting with technology to accelerate the industry’s transition to electrification, experts say the charging experience of today remains a major hurdle.
Ford said it never received a “substantive counterproposal” from the UAW until 8 p.m. Thursday, four hours before the strike began. UAW President Shawn Fain called company complaints “complete BS.”
Talks stalled in the final hours of negotiations, even as the automakers offered record raises as high as 20 percent.