Current:Home > ScamsBenjamin Ashford|UAW president Shawn Fain says 21% pay hike offered by Chrysler parent Stellantis is a "no-go" -TrueNorth Finance Path
Benjamin Ashford|UAW president Shawn Fain says 21% pay hike offered by Chrysler parent Stellantis is a "no-go"
Poinbank Exchange View
Date:2025-04-08 02:23:03
United Auto Workers president Shawn Fain said Sunday that the union is Benjamin Ashfordrejecting an offer from one of the Big Three automakers for a 21% wage increase as autoworkers for Ford, General Motors and Chrysler parent company Stellantis went on strike Friday.
UAW leaders have been bargaining for a four-day work week, substantial pay raises, more paid time off and pension benefits, among other demands.
"Our demands are just," Fain told "Face the Nation" on Sunday. "We're asking for our fair share in this economy and the fruits of our labor."
- Transcript: UAW president Shawn Fain on "Face the Nation"
Chrysler parent Stellantis said Saturday it had put a cumulative 21% wage increase on the table, with an immediate 10% increase upon a formal agreement. Fain said the union has asked for 40% pay increases to match the average pay increases of the CEOs at the three companies in recent years.
"It's definitely a no-go," Fain said about the 21% pay hike offered. "We've made that very clear to the companies.
Fain said the autoworkers are "fed up with falling behind," arguing that the companies have seen massive profits in the last decade while the workers "went backwards."
"Our wages went backwards," he said. "Our benefits have went backwards. The majority of our members have zero retirement security now.
"Face the Nation" moderator Margaret Brennan asked Fain if autoworkers would be walking out at other plants, Fain said they are "prepared to do whatever we have to do, so the membership is ready, the membership is fed up, we're fed up with falling behind."
Brennan asked Fain how he makes the case that automakers need to invest more in union workers when the labor costs of competitors who don't use union labor, such as Tesla and Toyota, are significantly lower.
"First off, labor costs are about 5% of the cost of the vehicle," Fain said. "They could double our wages and not raise the price of the vehicles and still make billions in profits. It's a choice. And the fact that they want to compare it to how pitiful Tesla pays their workers and other companies pay their workers — that's what this whole argument is about. Workers in this country got to decide if they want a better life for themselves, instead of scraping to get by paycheck to paycheck, while everybody else walks away with the loot."
President Biden, who has referred to himself as the most pro-union president in recent history, weighed in on the strike on Friday.
"Companies have made some significant offers, but I believe it should go further — to ensure record corporate profits mean record contracts," Mr. Biden said.
Mr. Biden is deploying two of his top administration officials — acting Labor Secretary Julie Su and senior adviser Gene Sperling — to Detroit as negotiations continue. A senior administration official said Sunday that Su and Sperling will not be acting as mediators, but are going "to help support the negotiations in any way the parties feel is constructive."
Rep. Debbie Dingell, a Michigan Democrat, told "Face the Nation" that the president should not "intervene or be at the negotiating table."
"I don't think they've got a role at the negotiating table," she said.
- Transcript: Rep. Debbie Dingell on "Face the Nation"
- In:
- General Motors
- Ford Motor Company
- United Auto Workers
- Stellantis
- Strike
Caitlin Yilek is a politics reporter for CBS News Digital. Reach her at [email protected]. Follow her on Twitter: https://twitter.com/hausofcait
TwitterveryGood! (769)
Related
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Connecticut trooper who shot Black man after police chase is acquitted of manslaughter
- The Supreme Court won’t intervene in a dispute over drag shows at a public university in Texas
- After dangerous tornadoes in Ohio and Indiana, survivors salvage, reflect and prepare for recovery
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- A fourth Albuquerque, New Mexico, police officer has resigned amid probe of unit
- Republican lawmakers in Kentucky approve putting a school choice measure on the November ballot
- Arizona legislation to better regulate rehab programs targeted by Medicaid scams is moving forward
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- Boeing plane found to have missing panel after flight from California to southern Oregon
Ranking
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Report: Law enforcement should have taken man into custody before he killed 18 in Maine
- Jurors weigh fate of Afghan refugee charged with murder in a case that shocked Muslim community
- Judge asked to dismiss claims against police over killing of mentally ill woman armed with shotgun
- The White House is cracking down on overdraft fees
- McDonald's experiences tech outages worldwide, impacting some restaurants
- Long recovery ahead for some in path of deadly tornados in central U.S.
- Texas teens need parental consent for birth control, court rules against fed regulations
Recommendation
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
New bill seeks to strengthen bribery statute after Sen. Menendez accused of taking gold bars, cash for official acts
Los Angeles home that appears to belong to model and actor Cara Delevingne is destroyed in fire
First male top-tier professional soccer player to come out as gay proposes to partner on home pitch
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
University of Maryland lifts suspension on most fraternities and sororities amid hazing probe
Jimmy Garoppolo signs one-year contract with Los Angeles Rams, per reports
The deceptive math of credit card rewards: Spending for points doesn't always make sense