United Automobile Workers

End game: Volvo reopens plant and encourages strikers to come back

Volvo Trucks North America resumed production at its Virginia assembly plant on Monday, encouraging UAW strikers to come back to work under terms of its “last, best, final” offer. 

UAW Local 2069 voted down a third tentative agreement on Friday by closer margins than two previous proposed deals rejected by 9:1 margins. The union scheduled a second ratification vote for Wednesday. If members vote in favor of the deal, they would get a $2,000 pretax signing bonus. If voted down again, Volvo will...

https://www.freightwaves.com/news/end-game-volvo-reopens-plant-and-encourages-strikers-to-come-back

Truck Talk No. 26: Labor pains edition

This week, we look at the ramifications of a vote on a third tentative agreement by striking workers at Volvo Trucks North America  We also revisit patents and make bank with Hyliion Holdings founder and CEO Thomas Healy.

Holding the line

Are two strikes impacting production at Volvo Truck enough to get UAW workers a contract they will accept? The outcome of voting on a third tentative agreement by 2,900 represented hourly workers in Dublin, Virginia, should be known by Friday evening. 

After...

https://www.freightwaves.com/news/truck-talk-no-26-labor-pains-edition

What now? UAW members reject second tentative agreement at Volvo Trucks

United Auto Workers members at Volvo Trucks North America (VTNA) rejected a second tentative agreement with the truck manufacturer on Sunday, casting greater percentages of no votes than the first proposed contract they rejected in May.

Local 2069 members voted 91% against salary language and 90% against hourly and common language in the proposed six-year agreement, according to a tally sheet posted on the local’s Facebook page.

The local union struck the plant that builds all Volvo trucks for...

https://www.freightwaves.com/news/what-now-uaw-members-reject-second-tentative-agreement-at-volvo-trucks

Volvo Trucks hit by first UAW strike since 2008

About 2,900 United Auto Workers (UAW) representing employees at Volvo Trucks North America (VTNA) struck the truck manufacturer’s only North American plant in Dublin, Virginia, on Saturday for the first time since an eight-week walkout in 2008.

No talks to end the walkout are expected until at least April 26, Volvo Group spokesman John Mies told FreightWaves.

The strike comes as Volvo and other truck makers are suffering from a shortage of microchips that is impacting production. Volvo and Mack...

https://s29755.pcdn.co/news/volvo-trucks-hit-by-first-uaw-strike-since-2008

Lordstown Motors plans Endurance reveal against capital raising deadline

Lordstown Endurance Sketch

Lordstown Motors Corp. (LMC) will unveil the commercial fleet-focused Endurance electric pickup truck next week even as a deadline looms to raise hundreds of millions of dollars to convert a closed General Motors Co. (NYSE: GM) small car plant to full-size electric truck production.

GM holds a $40 million mortgage, allowing LMC to operate while it seeks investors. LMC, led by former Workhorse Group (NASDAQ:WKHS) CEO Steve Burns, paid $20 million for the 6.2 million-square-foot assembly complex...

https://s29755.pcdn.co/news/lordstown-motors-plans-endurance-reveal-against-capital-raising-deadline

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