
The United Auto Workers (UAW) is currently engaged in high-stakes contract negotiations with Detroit’s major automakers, Ford Motor Co (NYSE:F) and Stellantis (NYSE:STLA). With the existing labor agreements set to expire in a week, tensions are rising. UAW President Shawn Fain has criticized the automakers for waiting until the last eight days to start negotiations, expressing the need for substantial progress.
UAW is currently in talks with Ford, General Motors, and Stellantis ahead of the September 14 expiration date for labor agreements.