By David Shepardson (Reuters) - United Auto Workers President Shawn Fain said Monday the union is prepared to negotiate around the clock with the ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy David Shepardson
Chrysler-parent Stellantis said earlier Monday it planned to make a new counteroffer to the UAW after the union made its own revised offer on Sunday. The current four-year labor deal expires on Sept. 14 at 11:59 p.m. ET. GM said Thursday it offered workers a 10% wage hike and two additional 3% annual lump-sum payments over four years. Stellantis last week did not offer additional lump-sum payments.
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