UAW President Shawn Fain has issued a statement addressing the results of the 2024 U.S. election, calling on union members to continue the fight against “unchecked corporate greed.” Fain and the UAW formerly endorsed Kamala Harris for U.S. President late in July following President Biden’s withdrawal. With Trump heading back to the White House for a second term, the auto industry is bracing for a possible whirlwind of policy changes.
“UAW members around the country clocked in today under the same threat they faced yesterday: unchecked corporate greed destroying our lives, our families, and our communities,” Fain stated. The UAW President went on to call out Stellantis, Mack Truck, and John Deere for “shipping jobs overseas to boost shareholder profits,” while calling on “Washington, DC to put up or shut up, no matter the party, no matter the candidate.”
“Will our government stand with the working class, or keep doing the bidding of the billionaires? That’s the question we face today. And that’s the question we’ll face tomorrow,” Fain continues.
The relationship between Fain and President-elect Donald Trump has been contentious, at best. Back in July, Fain repeatedly called out Trump as “a complete disaster for the working class,” while endorsing the Democratic Party and Joe Biden.
“We’ve got a president in the White House who wants to stand with the working class and we’ve made incredible gains over the past three-and-a-half years with this president,” Fain said in July, referencing President Biden.
Now, as Donald Trump prepares for a second term in office, the U.S. auto industry is bracing for change, including the possible implementation of new tariffs on imported vehicles. Earlier last month, Trump threatened a 200-percent tariff on Mexican-built vehicles if elected. GM imports roughly 60,000 to 70,000 vehicles from Mexico to the U.S. annually, with major production facilities in Ramos Arizpe, Silao, and San Luis Potosi.
It’s also possible Trump will change the tariff structure related to imported vehicle components, as well as target federal EV tax credits, calling the EV transition a “hit job” on Michigan last year. That said, Trump may also shift his position on EVs following major backing from Tesla CEO Elon Musk during his bid for reelection.
At a time of year when luxury car ATP usually rises.
Sales decreased 5.6 percent to 16,670 units during the first ten months of 2024.
Specifically critical minerals supply chain development.
Scheduled for a Spring 2025 launch.
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Fain talks about corporate greed but the majority of it happened under Biden and the last 4 years! Fain mentioned John Deere, so did Trump. He warned them if they shutter American production facilities and move them to Mexico he’ll impose a 200% tariff on every piece of machinery imported to the U.S. Fain has his head up his arse.