27.04.2024 07:45:14 - dpa-AFX: Daimler Truck workers win wage deal to avert strike in North Carolina

WASHINGTON (dpa-AFX) - Workers at Daimler Truck in North Carolina will
receive a 25% pay hike after their union secured a last-minute
agreement with the German commercial vehicle maker late Friday.

The wage increase will be spread over four years, said Shawn Fain,
the president of the United Automobile Workers (UAW).

Last year, the UAW achieved increases of similar magnitude at the
auto giants General Motors, Ford and Stellantis after weeks of strike
action.

A strike at Daimler Truck plants in North Carolina was due to begin
on Saturday without the deal.

The German company builds Freightliner lorries in the south-eastern
US state as well as the well-known yellow Thomas Built school buses.

Union members still must vote to ratify the agreement, which provides
for a 16% increase in the first year. More job security and
profit-sharing have also been agreed, Fain said.

For the UAW, the deal marks another success in the southern United
States, where labour movements have traditionally been weak. Last
week, workers at Volkswagen's US plant in Chattanooga, Tennessee,
decided to unionize with the UAW.


Copyright dpa
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MERCEDES-BENZ GRP NA O.N. 710000 Frankfurt 52,250 08.11.24 21:14:12 -1,780 -3,29% 0,000 0,000 54,060 52,250

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH