The union said that it clinched key concessions from Ford Motor Co. and would spare the company more pain even as it expanded the strike to 38 additional facilities run by rivals General Motors Co. and Stellantis NV as of midday Friday.
“We will shut down part distribution until those two companies come to their senses and come to the table with a serious offer,” the UAW leader said. “Stellantis and GM in particular are gonna need some serious pushing.”By going after the parts plants, the union walkout will likely impact car owners and repair shops in need of replacement parts. Fain, who also invited President Joe Biden to visit striking workers, has pointed to polls showing public support for the strike is high.
The Dearborn, Michigan-based company also agreed to raise pay at components plants on par with assembly workers, the immediate conversion to full-time status for all temporary workers, and profit sharing for them after 90 days. In addition, the UAW won the right to strike over plant closures during the four-year contract, which Fain called “an important victory in our fight to save our jobs.”
Colin Langan, an analyst at Wells Fargo, wrote in a research note that Ford’s “concessions raise concern that the contract will be costly.” He also noted that the wage inflation stemming from a deal with the UAW could spread beyond the three major Detroit automakers.
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