UAW Reaches Pivotal Deal with Dauch Corp, Ending 10-Day Strike and Securing Significant Wage Boost

Market VOWS
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The United Auto Workers (UAW) has reached a preliminary agreement with axle supplier Dauch Corp, bringing an end to a 10-day strike at its Three Rivers, Michigan plant. Announced by UAW President Shawn Fain, the deal offers a significant wage increase, with a top rate of $30 per hour by 2030, marking over a 36% rise in four years.

The agreement, which still requires ratification by UAW Local 2093 members, addresses long-standing wage concerns, providing a substantial boost compared to the $4 increase seen since 2008.

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