With UAW On Strike, Biden Says EV Shift Should Benefit Both Workers, Automakers

Benzinga ·  09/16 01:07

President Joe Biden on Friday addressed the ongoing strike by the United Auto Workers union against Detroit's three major automakers, urging both sides to negotiate further for a mutually beneficial agreement.Biden remarked about the significance of auto workers in the American economy, attributing recent record profits of automakers to the skill and sacrifices of UAW members.He argued that profits should be fairly distributed among the workers. The president cited a recent Treasury Department report that showed that unions are good for both union workers and non-union workers in ensuring elevating workers' wages, promoting homeownership and

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