Ford CEO says company 'can go bankrupt if…' responding to workers strike for better pay
Auto workers at General Motors, Ford, and Stellantis Jeep threaten to strike over better benefits.
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Auto workers at General Motors, Ford, and Stellantis Jeep threaten to strike over better benefits.
It's the first time the UAW will strike against the "Big 3" at once.
Under the UAW strategy, workers who go on strike would live on US$500 per week in strike pay from the union, while others would stay on the job at full pay.
It was the first time in the union's 88-year history that it walked out on all three companies simultaneously as four-year contracts expired at 11:59 p.m. Thursday.
For the first time, the United Auto Workers union has gone on strike against all three Detroit car companies at the same time.