Strike??? Thoughts, insights, predictions.

[Silverado4x4]

Yeah they are getting paid but not really, that money there getting is the money that came out of there paycheck in union dues. It's their own money. So there probably going to make less money this year now there collecting union pay then if they stayed working at there current pay rate.

 

[66 Galaxie]

And it’s not enough for folks to pay for a lot.

House, food, utilities, credit cards and car payment add up quick to more than $500/week…

 

[Silverado4x4]

And it’s not enough for folks to pay for a lot.

House, food, utilities, credit cards and car payment add up quick to more than $500/week…

Exactly, it equals to $12.50 an hour on a 40hr week and thats taxable has to be reported on there taxes, probably like $375 after taxes so there probably going to make less money this year collecting union pay the if they stayed working at their current pay rate

 

[Blackcar]

Thats why they are on strike there are some workers working for a little more than the $12.50 an hour to bring them up to a working wage.

 

[randeez]

They get the week of Thanksgiving off and are off 2 weeks at Christmas so how much production is gonna get done if they go back to work?

awfully nice of those big car companies to give workers all that time off

 

[gooffeyguy]

I heard that some of the manufacturers offered a 23% raise and some other benefits/stock options a couple days ago but the union pres refused it

 

[66 Galaxie]

I think the big hang up is still the battery plants

 

[gooffeyguy]

Gm has agreed to include the battery plant workers into the union contract. Ford and Stellantis have not.

 

[Silverado4x4]

Thats why they are on strike there are some workers working for a little more than the $12.50 an hour to bring them up to a working wage.

No, $500 a week is what the union is paying them for the strike pay not the car company's they make way more then $12.50 /hr working there.

 

[Blackcar]

No, $500 a week is what the union is paying them for the strike pay not the car company's they make way more then $12.50 /hr working there.

There are two wage groups at GM they are trying to bring it to one equal wage in the agreement. To which is one of items negotiations with GM. If I'm thinking correctly was $15.00 with not all benefits included.

 

[pa31p]

Stellantis biggest assembly plant just walked out. add 6800 people to the list. Sterling Heights is down
(Ram truck)

 

[yukontruckman]

UAW expands strike to profitable GM Arlington Assembly plant in Texas​

UAW expands strike to profitable GM Arlington Assembly plant in Texas

The UAW orders some 5,000 members at one of GM's most profitable plants to join the strike.

www.freep.com

 

[Banks22]

UAW expands strike to profitable GM Arlington Assembly plant in Texas​

UAW expands strike to profitable GM Arlington Assembly plant in Texas

The UAW orders some 5,000 members at one of GM's most profitable plants to join the strike.

www.freep.com

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Glad I got my new rig last week!

 

[ktpinnacle]

Whether it's legitimate reason or not, higher labor costs will be used as a justification for raising what are already excessively high MSRPs for these rigs.

 

[tjs3922]

I think this is the beginning of the end of the strike. The Arlington plant is meant to hurt GM. It is now who can wait the longest.

I would think the UAW will have their best offer this week or already have it. Strikes are about leverage and who can take the most pain. I believe the leverage has shifted to the Big 3. I also think that UPS contract was an outlier not the new labor normal. I believe that the UAW anticipated a fairly quick resolution and that has now passed.

I think the Big 3 could easily hold on til early next year. Not sure about these striking workers. I have also heard rumblings that the "strike fund" has been grossly exaggerated. Will be an interesting next few weeks.

Could be a painful year end/ Holiday season for many workers and I do not see any joy in that.

 

[Silverado4x4]

Whether it's legitimate reason or not, higher labor costs will be used as a justification for raising what are already excessively high MSRPs for these rigs.

Exactly, just like raising minimum wage and who pays for it the consumer does that's who. The price of vehicles will go up a few grand to pay for the labor costs.

 

[Blackcar]

Labor is MSRP doesn't have that much of percent in it.

UAW labor cost per GM vehicle is 5%, so why is the strike in day 29?

Both sides in the long strike at General Motors by the United Autoworkers Union agree on one thing, the labor deal is only 5% of the product cost to the company.

www.wxyz.com

 

[shadeandsound]

Now that the UAW has taken out the Ford truck plant, RAM truck plant, and the ultra-profitable GM truck/SUV plant, this whole story has reached a very climactic point.

I have a 2024 Yukon XL Denali on order as of last week with an "accepted" status, so am obviously directly affected and a little concerned about timeline as well morale of the guys who will eventually be assembling my new toy based on whatever agreement ends up being made.

But what annoys me the most, is why no one is saying that this new strike today has "Escaladed" the situation.

 

[DuraYuk]

Whether it's legitimate reason or not, higher labor costs will be used as a justification for raising what are already excessively high MSRPs for these rigs.

You can't justify higher costs if you are profitable. You can justify it if you say we need to make X amount of profit % per year.

But currently they are making record profits with no benefit to the labor helping make that possible. So a increase of 30% higher pay won't magically make their record profits disappear. It will just be less record profit but profit nonetheless.

 

[BADRIDES]

https://www.yahoo.com/news/uaw-expands-strike-against-gm-142242746.html