Historic UAW election picks reform leader who vows more aggressive approach to auto negotiations
Publishing timestamp: 2023-03-25 19:14:47
Summary
United Auto Workers members have elected Shawn Fain as their new president, ousting incumbent Ray Curry in the union's first direct election. Fain is a member of the "UAW Members United" reform group and local leader for a Stellantis parts plant in Indiana. The election marks a historic change in direction for the embattled union, which has been plagued by corruption and plant closures. Fain and his leadership slate ran on a promise of "No corruption. No concessions. No tiers." The UAW will enter negotiations with Detroit automakers later this year, and Fain has said the union will seek benefit gains for members, advocating for the return of cost-of-living adjustments, raises, and job security.
Sentiment: MIXED
Keywords: transportation, stellantis nv, detroit, autos, corruption, business news, breaking news: business, business,
Source: https://www.cnbc.com/2023/03/25/uaw-presidential-election-runoff-results.html