Breaking News
Investing Pro 0
🙌 It's Here: the Only Stock Screener You'll Ever Need Get Started

Challenger wins UAW labor union presidency, vows reforms

Published Mar 25, 2023 03:01PM ET Updated Mar 25, 2023 06:40PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. FILE PHOTO: An American flag flies in front of the United Auto Workers union logo on the front of the UAW Solidarity House in Detroit, Michigan, September 8, 2011. Rebecca Cook//File Photo

By David Shepardson

WASHINGTON (Reuters) -Shawn Fain on Saturday won the race for United Auto Workers president, narrowly defeating incumbent head Ray Curry in a shakeup for the Detroit-based labor union.

Curry and a court-appointed monitor said Fain will be sworn in Sunday, a day ahead of the start of the union's bargaining convention.

Fain's election comes at a critical time for the union. Labor contracts with Detroit's Big Three automakers expire in September and Fain has vowed to take a tough line with them.

Fain said in a statement Saturday the "election was not just a race between two candidates, it was a referendum on the direction of the UAW. For too long, the UAW has been controlled by leadership with a top-down, company union philosophy who have been unwilling to confront management, and as a result we’ve seen nothing but concessions, corruption, and plant closures."

Fain has been a UAW member for more than two decades, serving as an officer at a local in Indiana representing workers at a Stellantis NV casting plant.

Stellantis congratulated Fain on his win "in a historic election" and said it looked forward to working "on issues that will further contribute to our mutual success while securing Stellantis' position in this highly competitive market."

General Motors (NYSE:GM) congratulated Fain and said it is "committed to building a working relationship based on trust and mutual respect, operating in the best interest of our employees and stakeholders."

The UAW is working to organize new battery plants and members worry that shifting to electric vehicles will cost jobs.

The UAW won a key victory in December, when workers at an Ohio General Motors-LG Energy battery cell factory voted to join the union.

Fain added Saturday "while the election was close, it is clear that our membership has long wanted to see a more aggressive approach with our employers. We now have a historic opportunity to get back to setting the standard across all sectors."

UAW officers previously were elected through a delegate system. Members approved direct elections in a 2021 referendum required as part of a 2020 Justice Department settlement to resolve a corruption probe which resulted in the incarceration of two former UAW presidents.

The UAW has about 375,000 U.S. members, down from 1.5 million in 1979. The union has unsuccessfully sought to organize workers at foreign-based U.S. auto plants including Volkswagen (ETR:VOWG_p) and Nissan (OTC:NSANY).

Challenger wins UAW labor union presidency, vows reforms
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (4)
Roger Miller
Roger Miller Mar 26, 2023 8:04PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Great example of how unions are just a waste of their members fees. The workers, especially the good ones, would be much better off without a union.
Mar 26, 2023 6:28PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Together we stand Divided we fall....
Bill Riley
Bill Riley Mar 25, 2023 10:55PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Consumer Reports ranks the most reliable cars. Cars built by UAW rank worst. Get the magazine and cross reference it your self, I do it every year.
John Laurens
John Laurens Mar 25, 2023 8:09PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
vows reform... LMFAO
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email