Over the last four years, each big three CEO received on average a 40% pay raise on top of their multimillion-dollar salaries. Autoworkers saw their pay increase by a mere 6% in that same period of time, falling behind in inflation like the rest of American workers..."
Friday, September 15, 2023
Record auto profits should be used to address inequality and the climate crisis
"Ford, General Motors and Stellantis have made a quarter trillion dollars over the last 10 years. Those profits, and the very existence of the big three today, were only possible through the sacrifices made by UAW members when American taxpayers bailed out the industry. Those same workers were never made whole after being forced to accept lower wages and were stripped of cost-of-living adjustments and retiree pensions.
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