Stock Market News

UAW president vows aggressive auto plant organizing -Senate testimony

2023.11.13 18:07


© Reuters. UAW President Shawn Fain takes the stage with Dawn Simms, UAW Local 126 Member, during a United Auto Workers (UAW) union members in Belvidere, Illinois, U.S., November 9, 2023. REUTERS/Leah Millis

By David Shepardson

WASHINGTON (Reuters) – United Auto Workers President Shawn Fain will tell a Senate Committee on Tuesday the union plans to aggressively organize non-union U.S. auto plants after winning new contracts with the Detroit Three automakers.

“For decades, non-union auto companies have used fear, uncertainty, and division to break union drives in our industry,” Fain will tell the Senate Health, Education, Labor and Pensions Committee, according to written testimony seen by Reuters. “I’m here to promise you that those days are over…. We are going to organize like we’ve never organized before.”

The UAW for decades has unsuccessfully sought to organize auto factories operated by foreign automakers.

Hyundai Motor (OTC:) said on Monday it will hike wages for nonunion U.S. production workers by 25% by 2028, weeks after the UAW won new contracts with General Motors (NYSE:), Ford Motor (NYSE:) and Chrysler parent Stellantis (NYSE:).

The Korean automaker joins Toyota Motor (NYSE:) and Honda (NYSE:) Motor in raising U.S. factory wages after the UAW won a new contract that will result in wage increases of 25% through 2028 and other benefits.

“We know these non-union companies are doing this because they’re scared,” Fain’s testimony says. “They’re scared that their workers will see that a better life is possible once they organize into a union. And these companies are trying to head that off.”

The hearing will also include testimony from Teamsters President Sean O’Brien and Association of Flight Attendants President Sara Nelson.

Nelson’s testimony also cited Honda’s wage hikes.

“If non-union firms want to attract and retain qualified workers, they must compete with the unionized workers’ pay, benefits and working conditions,” her testimony says. “The more of us who are unionized, the more pressure all employers face.”

When U.S. President Joe Biden visited Illinois last week, he said he backed the UAW’s efforts to unionize Tesla (NASDAQ:) and Toyota, adding that all U.S. auto workers deserve a deal similar to the UAW’s recent agreements with the Detroit Three.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 96,046.73 2.05%
ethereum
Ethereum (ETH) $ 3,372.86 1.89%
tether
Tether (USDT) $ 0.998578 0.01%
xrp
XRP (XRP) $ 2.17 3.60%
bnb
BNB (BNB) $ 694.14 1.55%
solana
Solana (SOL) $ 189.37 2.58%
dogecoin
Dogecoin (DOGE) $ 0.314436 3.24%
usd-coin
USDC (USDC) $ 0.999781 0.02%
staked-ether
Lido Staked Ether (STETH) $ 3,370.44 1.88%
cardano
Cardano (ADA) $ 0.871287 2.52%
tron
TRON (TRX) $ 0.257743 1.28%
avalanche-2
Avalanche (AVAX) $ 37.53 4.10%
the-open-network
Toncoin (TON) $ 5.76 1.86%
chainlink
Chainlink (LINK) $ 22.85 3.20%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,005.63 1.87%
shiba-inu
Shiba Inu (SHIB) $ 0.000022 2.57%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,783.66 2.32%
sui
Sui (SUI) $ 4.21 4.11%
hedera-hashgraph
Hedera (HBAR) $ 0.282875 7.62%
stellar
Stellar (XLM) $ 0.356717 3.90%
polkadot
Polkadot (DOT) $ 7.00 3.20%
bitget-token
Bitget Token (BGB) $ 7.19 14.68%
weth
WETH (WETH) $ 3,370.73 1.91%
hyperliquid
Hyperliquid (HYPE) $ 26.86 1.88%
bitcoin-cash
Bitcoin Cash (BCH) $ 442.91 2.30%
leo-token
LEO Token (LEO) $ 9.10 4.06%
uniswap
Uniswap (UNI) $ 13.82 4.23%
litecoin
Litecoin (LTC) $ 103.27 3.28%
pepe
Pepe (PEPE) $ 0.000018 2.05%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,558.16 1.96%
near
NEAR Protocol (NEAR) $ 5.11 2.70%
ethena-usde
Ethena USDe (USDE) $ 0.998213 0.00%
usds
USDS (USDS) $ 1.00 0.17%
aave
Aave (AAVE) $ 340.26 2.88%
aptos
Aptos (APT) $ 8.95 2.96%
internet-computer
Internet Computer (ICP) $ 10.38 3.64%
crypto-com-chain
Cronos (CRO) $ 0.151084 2.26%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.482827 3.04%
mantle
Mantle (MNT) $ 1.19 1.59%
ethereum-classic
Ethereum Classic (ETC) $ 26.21 1.57%
vechain
VeChain (VET) $ 0.046804 5.08%
render-token
Render (RENDER) $ 7.19 1.75%
whitebit
WhiteBIT Coin (WBT) $ 24.70 0.08%
monero
Monero (XMR) $ 190.83 1.19%
bittensor
Bittensor (TAO) $ 472.36 2.09%
mantra-dao
MANTRA (OM) $ 3.61 2.45%
dai
Dai (DAI) $ 0.999606 0.01%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.28 2.13%
arbitrum
Arbitrum (ARB) $ 0.763748 1.58%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 3.11 0.01%