UAW Strike update for 10-10-2023 - GM makes major concession
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UAW Strike update for 10-10-2023 - GM makes major concession
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Headlines and major news coming out of the UAW Strike for the past 24 hours:
UAW strike enters its third week, with no end in sight.
GM makes major concession on battery cell workers, union says.
UAW holds off on expanding strike after GM's move.
4,000 Mack Trucks workers join UAW strike.
President Biden weighs in on strike, urges both sides to reach agreement.
Top stories from the UAW strike:
GM makes major concession on battery cell workers: In a major breakthrough in negotiations, GM has agreed to include battery cell workers under its national labor agreement with the UAW. This is a key demand for the union, which has been concerned about the future of auto jobs as the industry shifts to electric vehicles.
UAW holds off on expanding strike after GM's move: The UAW had been planning to expand its strike to additional GM plants, but has decided to hold off after the company's concession on battery cell workers. Union President Shawn Fain said the union is making progress in negotiations and is hopeful of reaching a tentative agreement soon.
4,000 Mack Trucks workers join UAW strike: Nearly 4,000 workers at heavy truck manufacturer Mack Trucks have joined the UAW strike. The union says workers voted down a tentative agreement with the company because it did not meet their demands for better wages and benefits.
President Biden weighs in on strike, urges both sides to reach agreement: President Biden has weighed in on the UAW strike, urging both sides to reach an agreement that is fair to both workers and the company. He said the strike is having a negative impact on the economy and that it is important to get workers back on the job.
The UAW strike is the largest labor strike in the United States in years. It is also a test of the Biden administration's commitment to supporting unions and workers. The administration has so far been supportive of the union, but it is unclear how long the strike can last before the administration intervenes.
The strike is also having a significant impact on the auto industry. GM, Ford, and Stellantis are all losing billions of dollars in revenue each week. The strike is also delaying the production of new vehicles, which could lead to shortages and higher prices for consumers.
It is unclear when the strike will end. Both sides are still far apart on key issues, such as wages and benefits. However, the recent breakthrough on battery cell workers suggests that progress is being made and that an agreement could be reached in the coming days or weeks.