Tuesday, October 6, 2015

The UAW brothers are getting ready to cause trouble for the Big Three.

The UAW has been forced to take deals they really weren't happy with (are they ever?) over the last couple of contracts. Foreign competition and the economy left them in a poor negotiating position. Now, auto production is at record levels and Ford and GM are making good money. The UAW wants a cut.

Via Wall Street Journal:
The United Auto Workers is threatening to strike Fiat Chrysler Automobiles NV by Wednesday night, signaling a breakdown in efforts to salvage a labor deal widely rejected by members last week.
The UAW, representing 40,000 Fiat Chrysler employees in the U.S., said it plans to strike if it can’t reach a deal by Wednesday at midnight, at which time a contract extension expires. If the union follows through on its threat, it would represent the first walkout in a contract against a U.S. auto maker since before the Detroit car companies filed for bankruptcy in 2009.
Keep on reading…

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