STLA - Elizabeth Warren Says GM Ford Stellantis Made A Killing And Earned Billions: 'Record Profits Should Mean A Record Contract' For UAW Workers | Benzinga
In a post on X, formerly Twitter, Sen. Elizabeth Warren (D-Mass.) highlighted the substantial profits of leading automakers, advocating for fairer contracts for United Auto Workers (UAW).
What Happened: On Tuesday, Senator Warren tweeted about the immense profits of General Motors Co (NYSE:GM), Ford Motor Co (NYSE:F), and Stellantis NV (NYSE:STLA), suggesting that their financial success should translate to better contracts for UAW workers.
.@GM and @Ford made a whopping $100 billion and $75 billion in profits in the past decade, while @StellantisNA made nearly $18 billion in 2022 alone. — Elizabeth Warren (@SenWarren) September 21, 2023
Record profits should mean a record contract that ensures @UAW workers who make these profits possible aren't left behind.
This comes in the context of ongoing strikes by UAW members at GM, Ford, and Stellantis plants, as reported by Benzinga. The strike, initiated due to disagreements over pay hikes and other benefits, has seen workers across different segments staging walkouts.
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Why It Matters: The UAW strike and the subsequent call for fair ...