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UAW Members Vote to Ratify Contracts with “Big 3” Despite Some Lingering Dissent

HeadlineNov 17, 2023

United Auto Workers members have approved new contracts with the Big Three automakers. Among other things, union members will see their pay increase by 25% over the course of the deal. Two-thirds of Ford workers voted in favor of the deal, while only about 55% of workers at General Motors agreed to ratify their contract. Stellantis appears set to approve the deal at similar margins to Ford. Some more senior employees have objected to the deal, saying pay increases should be higher. Others have expressed disappointment that pension benefits weren’t expanded to employees hired after 2007.

In related news, Stellantis has offered buyouts to half of its nonunionized U.S. staff as part of a cost-cutting move.

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