An expert clarifies what’s at stake for the United Automobile Workers, or UAW, in their contract negotiations with automakers.
This negotiation with Ford, General Motors, and Stellantis comes on the heels of a leadership change in the UAW union. UAW President Shawn Fain was elected in March 2023 and has brought a more aggressive approach to negotiations with the Big Three domestic automakers.
“Deutsche Bank estimates that a strike would cost each affected automaker about $400 million to $500 million per week of production.”
Peter Berg, a professor of employment relations and director of the School of Human Resources and Labor Relations in Michigan State University’s College of Social Science, provides insight on where the negotiations currently stand. Berg shares the implications of what an agreement, or failure to reach an agreement, by the September 14 deadline could mean:
Source Michigan State University
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