Political wire link down1/21/2024 ![]() The White House later released a statement from Biden calling the tentative agreement a “testament to the power of unions and collective bargaining to build strong middle-class jobs while helping our most iconic American companies thrive.” It eases the danger that unrest in the sprawling auto industry will be an economic drag as he makes his pitch for reelection.Īsked about the development on Saturday, the president, who was in Delaware, responded with two thumbs up. Though the UAW members’ acceptance of the Ford and Stellantis deals is not yet assured, they are crucial steps toward ending a six-week disruption to the automotive industry and its supply chains that has cost billions of dollars.īiden is now closer than ever to turning the page on a major concern as he begins navigating shared governance with new House Speaker Mike Johnson, just ahead of another deadline to fund the government. Similar to the one with Ford, the Stellantis deal includes a 25 percent wage bump for union workers over the life of the four-year contract. Ford agreed to a 25 percent wage increase for workers across the course of the contract, along with other salary concessions.įain credited the strike with drawing better terms from the companies, saying that the overall value of the Stellantis agreement is more than double the offer when the work stoppages first began nearly a month-and-a-half ago. UAW sketched out some of the details of the tentative deal, which closely aligned with those brokered with Ford, in-line with the union’s past practice of using its first agreement as a pattern for the other companies. It eases the danger that unrest in the sprawling auto industry will be an economic drag as he makes his pitch for reelection. Still Biden is now closer than ever to turning the page on a major concern as he begins navigating shared governance with new House Speaker Mike Johnson, just ahead of another deadline to fund the government. Underlining GM’s outlier status, a local UAW chapter in Tennessee announced Saturday evening that it is joining the strike at GM’s Spring Hill Manufacturing facility, which employs nearly 4,000 union and non-union workers. “We truly are saving the American dream.” “Our union is again victorious once again we’ve achieved what we were told just weeks ago was impossible,” Fain said in a video message.
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