When their existing labor contract expired at midnight Thursday, United Auto Workers began a strike against Detroit's Big Three automakers after being unable to navigate a major speed bump in what have been contentious negotiations: pay.
Ford, General Motors and Stellantis (formerly Fiat Chrysler) have spent weeks in talks with the UAW, mulling over details of a new labor contract that also has major implications for the U.S. automotive industry. UAW President Shawn Fain said members deserve hefty pay raises, emphasizing that the auto companies have brought in billions of dollars in profit and boosted CEO pay in recent years.
What is the average U.S. autoworker's wage? READ MORE