© Reuters. FILE PHOTO: UAW President Shawn Fain talks with the media after chairing the 2023 Special Elections Collective Bargaining Convention in Detroit, Michigan U.S. March 27, 2023. REUTERS/Rebecca Cook
(Reuters) – The United Auto Workers union will open contract talks with Detroit’s Three automakers starting Thursday ahead of the mid-September expiration of the current four-year labor deal.
The union said talks will open Thursday with Chrysler-parent Stellantis, on Friday with Ford Motor (NYSE:) and July 18 with General Motors (NYSE:). UAW President Shawn Fain has repeatedly said the UAW wants to eliminate the two-tier wage system under which new hires earn as much as 25% less than veterans and will push to restore pay improvements tied to the cost of living and retiree benefits cut during the 2008-2009 Great Recession.
