UAW President Shawn Fain on Friday called counter offers from Stellantis, General Motors and Ford inadequate.
He warned of strikes against any company without a tentative contract agreement when the contracts expire at 11:59 p.m. Thursday.
Last week Ford increased its offer from 9%, to 10% raises over four years, but it also included lump sum payments, while GM’s offered 10% plus lump sums. All three companies offered additional lump sum payments to cover inflation. Fain said Friday that he threw the offers into the trash. “Things are moving but they’re moving very slow and we’ve got a long way to go in four days,” Fain said on a Sunday night video event.
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