Detroit Three Reach Tentative Agreements With UAW: Chamber Statement
October 30, 2023
“The tentative agreements make UAW workers among the best-paid, most benefit-supported manufacturing workers in the world. While these agreements are good news, they do come at a substantial cost.
In addition to the $10 billion economic hit this prolonged strike cost our economy – including workers and businesses outside the Detroit Three – these agreements place additional competitive pressures on our companies and the state.
These agreements will increase the cost of vehicles made by UAW workers by hundreds, even a thousand dollars, and make competing companies’ offerings more attractive. As the home of the Detroit Three and the most automotive manufacturing, Michigan will have to work overtime to send the message that it is open for business.”
-Sandy K. Baruah, President and Chief Executive Officer, Detroit Regional Chamber