Current:Home > ContactUAW president Shawn Fain says 21% pay hike offered by Chrysler parent Stellantis is a "no-go" -Elevate Capital Network
UAW president Shawn Fain says 21% pay hike offered by Chrysler parent Stellantis is a "no-go"
PredictIQ Quantitative Think Tank Center View
Date:2025-04-07 04:40:40
United Auto Workers president Shawn Fain said Sunday that the union is rejecting 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! (822)
Related
- Carolinas bracing for second landfall from Tropical Storm Debby: Live updates
- The president of Florida’s only public historically Black university resigns after donation debacle
- A wind turbine is damaged off Nantucket Island. Searchers are combing beaches for debris
- Dance Moms' Christi Lukasiak Arrested for DUI
- Tom Holland's New Venture Revealed
- Joe 'Jellybean' Bryant, Kobe Bryant's father, dies at 69
- YouTuber Billy LeBlanc's Girlfriend Natalie Clark Dies From Bacterial Infection After Eating Raw Oysters
- Joe Bryant, Kobe Bryant's Dad, Dies From Stroke 4 Years After Son's Fatal Plane Crash
- New Zealand official reverses visa refusal for US conservative influencer Candace Owens
- Stock market today: Asian stocks are mixed after Dow sets a new record
Ranking
- Boy who wandered away from his 5th birthday party found dead in canal, police say
- Dow closes at record high after attempted Trump assassination fuels red wave hope
- In NBC interview, Biden says he shouldn't have said bullseye when referring to Trump, but says former president is the one engaged in dangerous rhetoric
- Video shows woman's scarily close encounter with grizzly. She says she'd still 'choose the bear.'
- New Orleans mayor’s former bodyguard making first court appearance after July indictment
- Kaspersky to shutter US operations after its software is banned by Commerce Department, citing risk
- Tesla's Cybertruck outsells Ford's F-150 Lightning in second quarter
- What time does 'Big Brother' start? Season 26 premiere date, cast, where to watch
Recommendation
Former Milwaukee hotel workers charged with murder after video shows them holding down Black man
Ex-TV host Carlos Watson convicted in trial over collapse of startup Ozy Media
Natalie Portman gushes about 'Bluey' guest role, calls it her 'most important' performance
RHONJ’s Danielle Cabral Confirms the Season 14 Finale Is Just as Shocking as You'd Expect
$1 Frostys: Wendy's celebrates end of summer with sweet deal
When is Amazon Prime Day 2024? Dates, deals and what to know about summer sales event
Inside Richard Simmons' Final Days Before Death
BBC Journalist John Hunt Speaks Out After Wife, Daughters Are Killed in Crossbow Attack