'No go': UAW president rejects Stellantis wage increase offer
The president of the United Auto Workers on Sunday rejected a public offer by Jeep parent company Stellantis to boost pay 21 percent over four years, pushing a historic, coordinated strike against the nations three biggest carmakers into a third day.
Stellantis, which is based in the Netherlands and was formed in 2021 through a merger of Fiat Chrysler and Frances Peugeot, said Saturday that it had offered the union a highly competitive 21 percent wage increase. The union said it had reasonably productive conversations with Ford on Saturday and was planning to meet with GM as well. Both of those companies have offered 20 percent raises over four years.
But on Sunday morning, UAW President Shawn Fain said that Stellantiss 21 percent offer and other terms presented by the automakers arent sufficient and that the strike will continue.
Thats definitely a no go, Fain said on CBSs Face the Nation. He added: Weve asked for 40 percent pay increases. And the reason we asked for 40 percent pay increases is because in the last four years alone, the CEO pay went up 40 percent.
https://www.washingtonpost.com/nation/2023/09/17/uaw-strike-offer/