A look at where the United Auto Workers union, Detroit's three automakers stand in contract talks

abcnews.go.com:

With a deadline looming, the United Auto Workers union and Detroit’s three automakers, General Motors, Ford and Stellantis, remain far apart in contract talks and the union is preparing to strike

With a deadline looming just before midnight Thursday, the United Auto Workers union and Detroit’s three automakers, General Motors, Ford and Stellantis, remain far apart in contract talks and the union is preparing to strike.

Here's where each side currently stands.

The union is demanding a 36% boost in pay. The union initially started out demanding 40% raises over the life of a four-year contract, or 46% when compounded annually.

In addition to general wage increases, the union is seeking restoration of cost-of-living pay raises, an end to varying tiers of wages for factory jobs, a 32-hour week with 40 hours of pay, the restoration of traditional defined-benefit pensions for new hires who now receive only 401(k)-style retirement plans, pension increases for retirees and other items.

The strikes would be targeted to a small number of factories of each automaker. Union President Shawn Fain said the final decision on which plants to strike won’t be announced until 10 p.m. Eastern time. He said that it is still possible that all 146,000 UAW members could walk out, but the union will begin by striking at a limited number of plants.

If there’s no deal by the end of Thursday, union officials will not bargain on Friday and instead will join workers on picket lines, Fain said.

While the union is currently demanding a 36% boost in pay, the automakers, General Motors, Ford and Stellantis, formerly Fiat Chrysler, have countered with offers that are roughly half of that increase.

Ford chief Jim Farley says his company has made a