UAW President Shawn Fain said the union will call on more members to join the strike unless there’s a breakthrough in negotiations by Friday.
The United Auto Workers will strike at more plants if Ford, General Motors, and Stellantis fail to make “serious progress” toward an agreement by Friday, the union’s leader warned late Monday.
Ford and GM stocks both pointed 0.1% down in early premarket trading Tuesday, while Stellantis climbed 1.7%. However, there was also a reminder of how far apart the sides currently are. Fain rejected Stellantis’ offer of a 21% pay increase, in an interview with CBS’ Face the Nation Sunday.
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