"You make almost $30 million. Why should your workers not get the same pay increases that you're getting leading the company?"
General Motors, $GM, CEO: "My compensation, 92% of it is based on performance of the company... When the company does well, everyone does well."
Elizabeth Warren has said: GM CEO’s $29 million pay is 362x more than its median worker.
General Motors, $GM, CEO: "My compensation, 92% of it is based on performance of the company... When the company does well, everyone does well"
9/17/2023
Stellantis CEO’s $25 million pay is 365x more than its median worker.
Ford CEO’s $21 million pay is 281x more than its median worker.
United Auto Workers has started its strike Ford, General Motors, and Stellantis. Thousands of autoworkers will hit the picket line and shut down key plants across the country.
This is the first time in history the union is striking all of the Big 3 at once. They've announced targeted stand-up strikes at three plants, one per company.
They include General Motors: Wentzville, MO Stellantis: Toledo, OH Ford: Wayne, MI
A protracted and coordinated strike organized by the United Auto Workers (UAW) union against the Detroit Three automakers has the potential to disrupt production significantly, leading to potential increases in vehicle prices and worsening supply-chain disruptions, analysts have cautioned.
Read more: https://unusualwhales.com/news/the-uaw-will-strike-against-ford-f-general-motors-gm-and-stellantis-stla-starting-tonight
+With Unusual Whales
Get the best broker for options trading and earn Unusual Whales discounted! in cash with an eligible account deposit at tastytrade. Get an Unusual Whales bonus when you deposit $2000. Offer expires 3/31/25. Certain restrictions, terms and conditions apply.