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UAW to hold a vote authorizing a strike as talks continue at slow pace
August 15, 2023 2:01 PM EDTUnion President Shawn Fain released a statement Tuesday indicating that negotiations with Detroit automakers continues to move at a snails pace and have yet to even address the issues surrounding wages and other economic issues.
The United Auto Workers union (UAW) boasts a membership of approximately 146,000 members who will vote next week on authorizing their leaders to call strikes against the Big Three. The unions contracts with General Motors (NYSE: GM), Ford (NYSE: F) and... More
Biden calls on automakers and union to come together on 'a fair agreement'
August 14, 2023 1:52 PM EDTWith just a month remaining until the expiration of contracts, Detroits Big Three and the United Auto Workers (UAW) union are still at odds, struggling to reach a mutual understanding. On Monday, U.S. President Joe Biden urged both the automotive union and the corporations they are associated with to come together on an agreement soon.
"Im asking all sides to work together to forge a fair agreement," Biden... More
Boeing (BA) leads race to secure 25 wide-body plane order from IndiGo - Reuters
August 14, 2023 8:08 AM EDTBoeing (NYSE: BA) is the front-runner to book an order for approximately 25 wide-body planes from IndiGo, Reuters said in a report Monday.
With India's largest airline increasing its expansion globally, the company is said to be in discussions with Boeing to purchase the plane... More
Stellantis (STLA) calls for 'focus on reality' in UAW talks
August 11, 2023 11:48 AM EDTChrysler's parent company, Stellantis (NYSE: STLA), firmly rejected the demands presented by the United Auto Workers (UAW) union on Friday, emphasizing the necessity for "a focus on reality from everyone involved" during negotiations.
Stellantis NA COO, Mark Stewart, conveyed in a letter to the workforce that the automaker remains "committed to working with the UAW to reach an... More
