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UAW Strike Widens; Ram Truck Plant Shuts Down!

Daily Gold Index by Daily Gold Index
October 24, 2023
in Economy
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UAW Strike Widens; Ram Truck Plant Shuts Down!
The United Auto Workers union, one of America’s most powerful labor unions, is continuing its strike against the automakers General Motors, Ford, and Fiat Chrysler into its fourth week and its members are now expanding the strike to include a Ram Truck plant. The UAW initially initiated the strike over issues such as compensation, job security, and profit sharing on September 15th. Shortly after, Ford and FCA followed suit and shut down their plants as well. The now month long strike has slowed down production for approximately 47,000 workers across the country. The UAW’s most recent strike decision came Tuesday when the union announced that it would be shutting down a Ram Truck plant in Saltillo, Coahuila, Mexico. This strike by the UAW is seemingly intended to pressure the automakers as the union negotiates its way through demanding better wages and benefits for its members. The Ram plant was designed to produce large engine products, which includes the Cummins 6.7-liter diesel engine that was featured in the 2019 Ram Heavy Duty trucks. The plant also produces other pickup truck frames and axles along with other Ram models. With the Ram plant now crippled by the UAW, it is safe to assume that these models will not be presented anytime soon. The plant’s shutdown is also likely to have a severe economic impact in Coahuila, putting thousands of jobs in jeopardy. As of now, the strike has yet to be resolved with the automakers and the UAW still working to come to a satisfying agreement for both sides. Though the strikers have yet to find a resolution that they can both accept, hopeful signs continue to arise as talks continue between the UAW and the automakers. However, the UAW’s recent decision to shut down the Ram plant is a sign that the union will not relent anytime soon and is attempting to put massive pressure on the automakers to make further concessions. The outcome of the current events still remain undecided but, with the strike expanding to Mexico, it has become evident that the UAW is signalling to General Motors, Ford, and FCA that its members are serious in their demands for better wages and benefits.
The United Auto Workers union, one of America’s most powerful labor unions, is continuing its strike against the automakers General Motors, Ford, and Fiat Chrysler into its fourth week and its members are now expanding the strike to include a Ram Truck plant. The UAW initially initiated the strike over issues such as compensation, job security, and profit sharing on September 15th. Shortly after, Ford and FCA followed suit and shut down their plants as well. The now month long strike has slowed down production for approximately 47,000 workers across the country. The UAW’s most recent strike decision came Tuesday when the union announced that it would be shutting down a Ram Truck plant in Saltillo, Coahuila, Mexico. This strike by the UAW is seemingly intended to pressure the automakers as the union negotiates its way through demanding better wages and benefits for its members. The Ram plant was designed to produce large engine products, which includes the Cummins 6.7-liter diesel engine that was featured in the 2019 Ram Heavy Duty trucks. The plant also produces other pickup truck frames and axles along with other Ram models. With the Ram plant now crippled by the UAW, it is safe to assume that these models will not be presented anytime soon. The plant’s shutdown is also likely to have a severe economic impact in Coahuila, putting thousands of jobs in jeopardy. As of now, the strike has yet to be resolved with the automakers and the UAW still working to come to a satisfying agreement for both sides. Though the strikers have yet to find a resolution that they can both accept, hopeful signs continue to arise as talks continue between the UAW and the automakers. However, the UAW’s recent decision to shut down the Ram plant is a sign that the union will not relent anytime soon and is attempting to put massive pressure on the automakers to make further concessions. The outcome of the current events still remain undecided but, with the strike expanding to Mexico, it has become evident that the UAW is signalling to General Motors, Ford, and FCA that its members are serious in their demands for better wages and benefits.
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