Skip to main content
Open this photo in gallery:

UAW President Shawn Fain chairs the 2023 Special Elections Collective Bargaining Convention, in Detroit, Mich., on March 27.REBECCA COOK/Reuters

United Auto Workers President Shawn Fain said Monday the union is prepared to negotiate around the clock with the Detroit Three automakers with just four days before a potential strike of 146,000 U.S. autoworkers.

“We are ready to negotiate in Detroit 24/7, just as we have been for the past seven weeks since we gave them our Members Demands,” Fain said in a statement. “Despite receiving no response for over a month, when the CEOs are ready to make a serious offer we’ll be there, day or night.”

Chrysler-parent Stellantis STLA-N said earlier Monday it planned to make a new counteroffer to the UAW after the union made its own revised offer on Sunday. The current four-year labor deal expires on Sept. 14 at 11:59 p.m. ET.

The UAW on Friday had rejected revised offers from Stellantis, General Motors GM-N and Ford Motor F-N. GM made a new offer to the UAW over the weekend, but the details were not immediately available. GM declined to comment.

UAW bargainers met with GM and Ford on Sunday and made progress, officials told Reuters.

“We are on a good path and remain committed to reaching a tentative agreement without a work stoppage that would negatively impact our employees and our customers,” Stellantis told employees in a an email Monday, adding that Stellantis and UAW subcommittees reached tentative agreements in a number of areas, including health and safety.

Stellantis said Friday it had offered U.S. hourly workers a 14.5 per cent wage hike over four years, much less than the 46 per cent wage hike the union initially sought.

GM said Thursday it offered workers a 10 per cent wage hike and two additional 3 per cent annual lump-sum payments over four years. Stellantis last week did not offer additional lump-sum payments.

Ford last week hiked its offer to a 10 per cent wage hike and lump sum payments after offering a 9 per cent wage increase through 2027 and 6 per cent lump sum payments.

The Detroit Three have offered to minimum pay for temporary workers to $20 an hour and reduce the time necessary to reach top wages for permanent autoworkers from eight years to six years.

The union’s demands include a 20 per cent immediate wage increase followed by four 5 per cent annual wage hikes, defined-benefit pensions for all workers, 32-hour work weeks and additional cost-of-living hikes.

Stellantis previously offered $10,500 in inflation protection payments over the four years, while GM is offering $11,000 and Ford $12,000.

Report an error

Tickers mentioned in this story

Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 23/02/24 9:36am EST.

SymbolName% changeLast
STLA-N
Stellantis N.V.
+1.41%26.66
GM-N
General Motors Company
+0.79%39.65
F-N
Ford Motor Company
+0.17%12.14

Follow related authors and topics

Authors and topics you follow will be added to your personal news feed in Following.

Interact with The Globe