President Biden Commends UAW and Daimler for Historic Contract Agreement

Sunday, 28 April 2024, 20:57

President Biden praises the United Auto Workers (UAW) and Daimler for reaching a landmark agreement, securing wage increases and benefits for workers amid the union's expansion efforts in the South. The new contract showcases the strength of collective bargaining and emphasizes the potential for clean energy economy and middle-class union jobs. This milestone agreement not only signifies a significant win for UAW and Daimler but also sets a precedent for future labor negotiations in the industry.

https://store.livarava.com/271d5f29-05a2-11ef-a6c0-63e1980711b2.jpg — President Biden Commends UAW and Daimler for Historic Contract Agreement

President Biden Commends UAW and Daimler for Historic Contract Agreement

President Biden celebrated a new labor agreement between United Auto Workers and Daimler on Sunday, as the union continues a streak of victories in hopes to expand in the South. The union and the German truck manufacturer reached an agreement Saturday, avoiding a strike of about 7,000 workers at its North Carolina plant and distributions centers throughout the South.

Key Highlights:

Wage Increases: The new contract includes wage hikes of over 25% in the next four years.
Ending of Wage Tiers: The deal eliminates wage tiers at the company, introducing cost-of-living adjustments and profit-sharing.
Union Expansion: UAW's efforts to organize southern auto assembly plants strengthen with significant wins in recent bargaining agreements.

The Associated Press contributed.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.