After 20 straight days of negotiations, the United Auto Workers (UAW) union said it would strike General Motors Corp yesterday morning if a new contract agreement is not reached, saying the automaker has failed to address job security and other concerns.
"We're shocked and disappointed that General Motors has failed to recognize and appreciate what our membership has contributed during the past four years," UAW president Ron Gettelfinger said in a statement early yesterday.
The union had been expected to ask General Motors for guarantees of future production at US plants as part of the negotiations.
The union had set the strike deadline for 11am yesterday. Cal Rapson, the union's chief General Motors negotiator, said the union would remain at the bargaining table until the deadline.
He said the company had failed to meet the needs and concerns of the union members.
"Instead, in 2007 company executives continued to award themselves bonuses while demanding that our members accept a reduced standard of living," Rapson said in a statement.
"The company's disregard for our members has forced our bargaining committee to take this course of action," he said.
General Motors spokesman Dan Flores said the automaker is working with the union to resolve issues.
"The contract talks involve complex, difficult issues that affect the job security of our US work force and the long term viability of the company," Flores said.
"We are fully committed to working with the UAW to develop solutions together to address the competitive challenges facing General Motors," he said.
The union may be trying to pressure General Motors to get a deal.
Gettelfinger said as recently as on Friday that the union was trying to speed up negotiations and did not want to strike.
UAW has not called a nationwide strike during contract negotiations since 1976, when Ford Motor Co plants were shut down. There were strikes at two General Motors plants during contract negotiations in 1996.
It represents 73,000 General Motors workers at 82 US facilities nationwide. If workers go on strike, they will be paid US$200 a week plus medical benefits from the union strike fund.
The union had more than US$800 million in the fund as of last November, its Web site said.
UAW's original deadline to reach an agreement with GM was Sept. 14, but the union decided to extend the contract on an hour-by-hour basis and keep talking.
It was widely believed that the negotiators were making progress and a strike would not be called.
A local UAW official said on Sunday that negotiators had wrapped up work on most issues and were determining how much money General Motors must put into a trust fund for retiree healthcare that will be managed by the union.
The official spoke on condition of anonymity because the talks are private.
The healthcare fund -- known as a Voluntary Employees Beneficiary Association (VEBA) -- would be a significant change for the auto industry and has been the major issue in this year's negotiations. General Motors has approximately US$51 billion in unfunded retiree health care costs but the company is not required to put the full amount into the VEBA.
The union and General Motors have been wrangling over how much GM should put in and how much can be paid in cash or in stock.
The union picked General Motors as the lead company and potential strike target in the negotiations, which began in July. Ford Motor Co and Chrysler LLC have indefinitely extended their contracts with the union.
They are expected to match many of the terms of GM's agreement once it is reached. The three automakers have a total of US$90 billion in unfunded retiree health care costs.
If a tentative agreement is reached, local union leaders will meet for a briefing and then present the contract to their members. Any agreement would have to be ratified by a majority of General Motors' UAW members.
EXPRESSING GRATITUDE: Without its Taiwanese partners which are ‘working around the clock,’ Nvidia could not meet AI demand, CEO Jensen Huang said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and US-based artificial intelligence (AI) chip designer Nvidia Corp have partnered with each other on silicon photonics development, Nvidia founder and CEO Jensen Huang (黃仁勳) said. Speaking with reporters after he met with TSMC chairman C.C. Wei (魏哲家) in Taipei on Friday, Huang said his company was working with the world’s largest contract chipmaker on silicon photonics, but admitted it was unlikely for the cooperation to yield results any time soon, and both sides would need several years to achieve concrete outcomes. To have a stake in the silicon photonics supply chain, TSMC and
IDENTITY: Compared with other platforms, TikTok’s algorithm pushes a ‘disproportionately high ratio’ of pro-China content, a study has found Young Taiwanese are increasingly consuming Chinese content on TikTok, which is changing their views on identity and making them less resistant toward China, researchers and politicians were cited as saying by foreign media. Asked to suggest the best survival strategy for a small country facing a powerful neighbor, students at National Chia-Yi Girls’ Senior High School said “Taiwan must do everything to avoid provoking China into attacking it,” the Financial Times wrote on Friday. Young Taiwanese between the ages of 20 and 24 in the past were the group who most strongly espoused a Taiwanese identity, but that is no longer
A magnitude 6.4 earthquake and several aftershocks battered southern Taiwan early this morning, causing houses and roads to collapse and leaving dozens injured and 50 people isolated in their village. A total of 26 people were reported injured and sent to hospitals due to the earthquake as of late this morning, according to the latest Ministry of Health and Welfare figures. In Sising Village (西興) of Chiayi County's Dapu Township (大埔), the location of the quake's epicenter, severe damage was seen and roads entering the village were blocked, isolating about 50 villagers. Another eight people who were originally trapped inside buildings in Tainan
SHARED VALUES: The US, Taiwan and other allies hope to maintain the cross-strait ‘status quo’ to foster regional prosperity and growth, the former US vice president said Former US vice president Mike Pence yesterday vowed to continue to support US-Taiwan relations, and to defend the security and interests of both countries and the free world. At a meeting with President William Lai (賴清德) at the Presidential Office in Taipei, Pence said that the US and Taiwan enjoy strong and continued friendship based on the shared values of freedom, the rule of law and respect for human rights. Such foundations exceed limitations imposed by geography and culture, said Pence, who is visiting Taiwan for the first time. The US and Taiwan have shared interests, and Americans are increasingly concerned about China’s