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SVTPerformance's Chain of Restaurants
Road Side Pub
Ford GM Stellantis UAW Strike
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<blockquote data-quote="Weather Man" data-source="post: 16953521" data-attributes="member: 137766"><p>DETROIT (AP) — General Motors first wage-and-benefit offer to the United Auto Workers on Thursday falls far short of the union's initial demands.</p><p></p><p>The offer comes just a week before the UAW's national contracts with GM, Stellantis and Ford expire, and even though both sides are far apart, it's a sign of movement on economic issues.</p><p></p><p>Union President Shawn called the offer “insulting." He is threatening to strike against any automaker that hasn't reached a tentative agreement by the time contracts expire at 11:59 p.m. on Sept. 14. A strike against one or more automakers by up to 146,000 auto workers is a real possibility.</p><p></p><p>GM said in a letter to workers that it's offering a 10% wage increase during a new four-year contract, plus two more 3% one-time payments. It's also offering a $6,000 inflation payment, $5,000 more in lump sums to protect against inflation during the contract, and a $5,000 contract ratification bonus. The company wouldn't say when the pay raises or most of the lump sums would be effective.</p><p></p><p>[URL unfurl="true"]https://www.msn.com/en-us/money/companies/first-offer-from-general-motors-falls-short-of-demands-by-the-united-auto-workers-but-it-s-a-start/ar-AA1gob4O?ocid=msedgntp&cvid=d8523730cc2d4d969c787d7edaf2128c&ei=18[/URL]</p></blockquote><p></p>
[QUOTE="Weather Man, post: 16953521, member: 137766"] DETROIT (AP) — General Motors first wage-and-benefit offer to the United Auto Workers on Thursday falls far short of the union's initial demands. The offer comes just a week before the UAW's national contracts with GM, Stellantis and Ford expire, and even though both sides are far apart, it's a sign of movement on economic issues. Union President Shawn called the offer “insulting." He is threatening to strike against any automaker that hasn't reached a tentative agreement by the time contracts expire at 11:59 p.m. on Sept. 14. A strike against one or more automakers by up to 146,000 auto workers is a real possibility. GM said in a letter to workers that it's offering a 10% wage increase during a new four-year contract, plus two more 3% one-time payments. It's also offering a $6,000 inflation payment, $5,000 more in lump sums to protect against inflation during the contract, and a $5,000 contract ratification bonus. The company wouldn't say when the pay raises or most of the lump sums would be effective. [URL unfurl="true"]https://www.msn.com/en-us/money/companies/first-offer-from-general-motors-falls-short-of-demands-by-the-united-auto-workers-but-it-s-a-start/ar-AA1gob4O?ocid=msedgntp&cvid=d8523730cc2d4d969c787d7edaf2128c&ei=18[/URL] [/QUOTE]
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SVTPerformance's Chain of Restaurants
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Ford GM Stellantis UAW Strike
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