In photos: UAW members strike against Big Three automakers
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United Auto Workers (UAW) members striking outside of a Ford assembly plant in Wayne, Michigan, on Sept. 15. Photo: Bill Pugliano/Getty Images
Thousands of members of the United Auto Workers (UAW) labor union went on strike against automakers General Motors, Ford and Stellantis on Friday.
Why it matters: The massive strike is unprecedented, as there has never been a strike against all three automakers at once, Axios' Nathan Bomey reports.
- The strike was launched after negotiations on a new labor contract failed. The workers asked for hourly wage increases, more paid-time off, a return to traditional pensions and retiree health care, and other concessions.
- If prolonged, the strike could disrupt the economy, costing more than $5 billion over a period of 10 days, according to the Anderson Economic Group.
What they're saying: President Biden on Friday urged the automakers to bring an end to the walkout by sharing their "record profits" with the striking union workers, Axios' Joann Muller reports.
- "The companies have made some significant offers. But I believe they should go further to ensure that record corporate profits mean record contracts for the UAW," the president said.
In photos:
Go deeper: These vehicles are most affected by the UAW strike
