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UAW leader defends union's lofty demands, (literally) trashes Stellantis contract proposals - TL;DR CNBC

UAW leader defends union's lofty demands, (literally) trashes Stellantis contract proposals

Publishing timestamp: 2023-08-08 17:57:50


Summary

UAW President Shawn Fain heavily criticized early bargaining proposals from Stellantis, calling them "trash" and a slap in the face to the union's members. Fain defended the union's lofty demands for pay increases and criticized Stellantis CEO Carlos Tavares for not meeting with union leaders. The current contracts between UAW and Detroit automakers expire on September 14.


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Tickers: STLASTLAM-ITFGM

Keywords: detroitstellantis nvtransportationgeneral motors coautosbreaking news: businessbusiness newslabor economypersonnelbusinessford motor co

Source: https://www.cnbc.com/2023/08/08/uaw-leader-defends-unions-lofty-demands-trashes-stellantis-proposals.html


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