Big 3 Buckled as Stand-Up Strike Spread

May 18,2024

All three dominoes fell in a few days. The Auto Workers (UAW) now have agreements with each of the Big 3 automakers. The new contracts are a sharp about-face from decades of concessions. The tentative agreements go further than many thought possible on issues that the companies insisted were off the table. Stellantis agreed to reopen its idled Belvidere assembly plant. GM and Stellantis will include new battery plant workers in their master agreements. While the contracts don’t abolish benefit tiers, they get rid of the many wage tiers the Big 3 had created to drive down pay.

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