All posts tagged "Auto Workers"

(Reuters) - Shares of U.S. automakers Ford Motor Co and General Motors fell 2% before the bell on Friday after a strike by unionized workers at three plants making some of their most profitable pick-up trucks. The U.S.-listed shares of Chrysler-owner Stellantis also edged down 0.5% premarket after a walkout by hourly workers, represented by United Auto Workers (UAW), at its Toledo, Ohio assembly plant where it makes the Jeep Wrangler and Gladiator. Stellantis' Milan-listed shares reversed course, climbing 0.5% in the morning trade. The escalation came as talks between the UAW and the 'Detroit ......

By David Shepardson (Reuters) -The United Auto Workers union has made some headway in labor talks with the Detroit Three automakers just three days before a potential strike of 146,000 U.S. autoworkers, but an agreement was still not in reach, UAW President Shawn Fain said on Monday. "We've made some progress, a little bit of progress but it's still slow but we're moving," Fain told CNN. "We have a long way to go. ... There's a lot of issues." Chrysler-parent Stellantis said earlier Monday that it planned to make another counteroffer after the union made a revised offer on Sunday. The current ......