UAW has Tesla, Toyota in its sights after contract wins at Detroit automakers
Publishing timestamp: 2023-11-03 15:50:59
Summary
UAW President Shawn Fain plans to expand the union's battle from Detroit automakers to non-unionized automakers like Tesla, Toyota, and others. The union aims to use the record contracts recently won with General Motors, Ford Motor, and Stellantis to assist in organizing efforts elsewhere. The article discusses the decline in UAW membership and the union's previous failures in organizing foreign-based automakers. Fain expresses determination to expand beyond the "Big Three" and aims to organize the "Big Five or Big Six" by 2028. The article also mentions recent wage increases at Toyota and the UAW's efforts to organize Tesla.
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Tickers: VOW-DE, 7201.T-JP, F, TM, VOW3-DE, STLAM-IT, STLA, GM, TSLA, 7203.T-JP,
Keywords: united states, autos, business news, detroit, labor economy, tesla inc, breaking news: business, nissan motor co ltd, technology, ford motor co, toyota motor corp, stellantis nv, breaking news: technology, business, volkswagen ag, transportation, general motors co, personnel,
Source: https://www.cnbc.com/2023/11/03/tesla-toyota-in-uaws-sights-for-organizing-after-big-3-wins.html