UAW president downplays White House involvement in strike talks

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UAW president downplays White House involvement in strike talks
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UAW President Shawn Fain said the union and Ford, General Motors and Stellantis remain “far apart” on several issues with the strike in its fourth day.

The strike has entered its fourth day with no resolution in sight. Nearly 13,000 UAW members are on strike at three key plants in Michigan, Missouri and Ohio.

Biden largely sided with the striking workers in his brief address Friday, calling on the automakers to share the record profits they have made in recent years. The autoworkers are demanding a 40% hourly wage increase, a 32-hour workweek, elimination of compensation tiers, a return to traditional pensions, the restoration of cost-of-living adjustments as well as better vacation and family leave benefits among other items.Fain on Monday said the union and the automakers remain"far apart" on several issues. He specifically called out compensation tiers, in which workers are paid differently for the same job..

The automakers have said the union's demands would cripple the companies and put them at a disadvantage compared non-unionized car manufacturers. Ford CEO Jim Farley said in an interview with CNBC on Thursday that the automaker would have gone bankrupt under the UAW's current demands.

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