Bolded part is correct. Those guys are NOT unionized and won't be impacted by this.agracer said:
Heard an interview with a Detroit Free Press writer this morning, don't know if these have been covered in this thread but summary of what I recall;
Union wants 40% Pay Increase + 32HR Work week (so pay increase and cut hours). So if a guy is making $50k/yr now with a 40hr week, he would be paid $70k/yr with a 32hr week.
Union is asking for safety and benefits concessions (didn't get specifics)
Big 3 did have big profits in 2022 and more in 2023. Average profit sharing bonus for 2022 was $15k per worker.
Ford/Stellantis/GM burdened labor average is $67/hr
Honda/Nissan/Toyota burdened labor average is $55/hr
Telsa burdened labor average is $45/hr
Ford/Stellantis/GM Unions are asking for $100+/hr
Thought I heard him say Honda/Nissan/Toyota are not unionized ??? Or maybe Telsa?
That labor rate is < 10% of the cost of the auto you see at the dealership. That being said, the scaling from $67-$100 is not going to help the big 3 in any way shape or form.
If I can find the interview online I'll post it.
UAW has its tentacles in lots of areas. They are already striking in the insurance sector that they are in. It's gonna be a ****show