UAW leaders push ahead with Ford contract as GM talks drag
By Joseph White
DETROIT (Reuters) — United Auto Workers President Shawn Fain is scheduled to meet Sunday afternoon with local union leaders from Ford (NYSE:F) to start the process of ratifying a new contract, while bargaining continues at General Motors (NYSE:GM) following a setback Saturday.
Fain on Saturday ordered a walkout at GM's Spring Hill, Tennessee, engine plant, criticizing management's «unnecessary and irresponsible refusal to come to a fair agreement.»
It is not clear what derailed GM and the UAW's progress toward an agreement patterned after earlier deals at Ford and Chrysler-owner Stellantis (NYSE:STLA). Those deals won workers a record 25% jump in wages over the 4-1/2-year contract and allowed the automakers to restart their profitable truck assembly lines.
Pension costs and issues involving the use of temporary workers were among the points of contention at GM, sources said. GM said it was disappointed by the UAW decision to strike Spring Hill.
The Spring Hill walkout could hobble GM's large pickup production as well as assembly of other popular GM vehicles. Ripple effects from an extended Spring Hill strike could boost the costs of the stalemate for GM well beyond the $400 million a week the company reported last week.
GM is now the only Detroit automaker without a contract deal. Stellantis reached agreement with the UAW on Saturday and Ford on Wednesday.
GM and UAW officials are still bargaining. However, progress toward resolving the disputes could be slowed on Sunday because Fain is scheduled to attend meetings with Ford local officials in the Detroit suburb of Taylor, Michigan, and give a video update on the Ford deal at 7 p.m. ET (2300 GMT).
Union leaders will then fan out to regional meetings
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