Detroit Three automakers converge on 23% wage hike; UAW seeks more

United Auto Workers President Shawn Fain said on Friday the union had received fresh contract offers from General Motors <a href="https://www.reuters.com/markets/companies/GM.N" target="_blank">(GM.N)</a> and Stellantis NV <a href="https://www.reuters.com/markets/companies/STLAM.MI" target="_blank">(STLAM.MI)</a> in the past 24 hours and all three Detroit automakers had converged on a 23% wage hike, but "there is more to be won".

Reuters