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Automakers have long said that they're willing to give raises, but they fear that a costly contract will drive up vehicle prices, making them more expensive than models made at nonunion U.S. plants run by foreign automakers, largely in the South.
Union President Shawn Fain told workers on a video appearance Friday that negotiations haven’t broken down, but the strikes were escalated because Ford and GM have refused to make meaningful progress in contract talks.
The union set a Friday deadline for auto manufacturers to meet some of their demands before further walkouts were issued.
Real-time index price for PHLX Housing Index (HGX), along with buy or sell indicators, analysis, charts, historical performance, news and more
The United Auto Workers union expanded its strikes against Detroit automakers, ordering 7,000 more workers to walk off the job in Illinois and Michigan.