Workers at Volkswagen's Tennessee Plant Ratify First-Ever UAW Contract

Deep News02-20

Workers at a Volkswagen AG plant in Chattanooga, Tennessee, approved a labor agreement negotiated by the United Auto Workers (UAW) with 96% support in a vote held on Thursday. This marks one of the most significant victories under UAW President Shawn Fain's leadership.

The Southern United States has long been a challenging region for union organizing. Since his election as UAW president in 2023, Fain has prioritized efforts to unionize factories across the South and nationwide.

Under the four-year agreement, employees will receive a 20% wage increase, along with improved healthcare benefits and job security.

"Volkswagen workers have overcome another major hurdle," Fain said in a statement.

The union's campaign at Volkswagen aimed to match the substantial gains made in Detroit in 2023, when Ford, General Motors, and Stellantis NV agreed to a 25% wage hike and cost-of-living adjustments following a six-week strike.

The UAW and Volkswagen spent approximately 18 months negotiating the terms of the contract for the company's sole U.S. plant, which produces the ID.4 electric SUV. A tentative agreement was reached earlier this month.

Volkswagen stated, "This milestone reflects our shared commitment to competitive wages, strong benefits, and the long-term success of our employees and operations."

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1102712955?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-20 13:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1102712955","market":"fut","top_or_hot":-1,"title":"Workers at Volkswagen's Tennessee Plant Ratify First-Ever UAW Contract","media":"Deep News","content":"<p>Workers at a Volkswagen AG plant in Chattanooga, Tennessee, approved a labor agreement negotiated by the United Auto Workers (UAW) with 96% support in a vote held on Thursday. This marks one of the most significant victories under UAW President Shawn Fain's leadership.</p>\n<p>The Southern United States has long been a challenging region for union organizing. Since his election as UAW president in 2023, Fain has prioritized efforts to unionize factories across the South and nationwide.</p>\n<p>Under the four-year agreement, employees will receive a 20% wage increase, along with improved healthcare benefits and job security.</p>\n<p>\"Volkswagen workers have overcome another major hurdle,\" Fain said in a statement.</p>\n<p>The union's campaign at Volkswagen aimed to match the substantial gains made in Detroit in 2023, when Ford, General Motors, and Stellantis NV agreed to a 25% wage hike and cost-of-living adjustments following a six-week strike.</p>\n<p>The UAW and Volkswagen spent approximately 18 months negotiating the terms of the contract for the company's sole U.S. plant, which produces the ID.4 electric SUV. A tentative agreement was reached earlier this month.</p>\n<p>Volkswagen stated, \"This milestone reflects our shared commitment to competitive wages, strong benefits, and the long-term success of our employees and operations.\"</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Workers at Volkswagen's Tennessee Plant Ratify First-Ever UAW Contract</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWorkers at Volkswagen's Tennessee Plant Ratify First-Ever UAW Contract\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-02-20 13:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Workers at a Volkswagen AG plant in Chattanooga, Tennessee, approved a labor agreement negotiated by the United Auto Workers (UAW) with 96% support in a vote held on Thursday. This marks one of the most significant victories under UAW President Shawn Fain's leadership.</p>\n<p>The Southern United States has long been a challenging region for union organizing. Since his election as UAW president in 2023, Fain has prioritized efforts to unionize factories across the South and nationwide.</p>\n<p>Under the four-year agreement, employees will receive a 20% wage increase, along with improved healthcare benefits and job security.</p>\n<p>\"Volkswagen workers have overcome another major hurdle,\" Fain said in a statement.</p>\n<p>The union's campaign at Volkswagen aimed to match the substantial gains made in Detroit in 2023, when Ford, General Motors, and Stellantis NV agreed to a 25% wage hike and cost-of-living adjustments following a six-week strike.</p>\n<p>The UAW and Volkswagen spent approximately 18 months negotiating the terms of the contract for the company's sole U.S. plant, which produces the ID.4 electric SUV. A tentative agreement was reached earlier this month.</p>\n<p>Volkswagen stated, \"This milestone reflects our shared commitment to competitive wages, strong benefits, and the long-term success of our employees and operations.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VLKAY","symbol_name":"大众汽车","start_time":0,"source_url":"","article_id":"1102712955","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1102712955","pubTimestamp":1771563618,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"Workers at a Volkswagen AG plant in Chattanooga, Tennessee, approved a labor agreement negotiated by the United Auto Workers (UAW) with 96% support in a vote held on Thursday. This marks one of the...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"VLKAY":"大众汽车"},"translate_title":"大众汽车田纳西工厂的工人批准了第一份UAW合同","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VLKAY":1},"content_text":"Workers at a Volkswagen AG plant in Chattanooga, Tennessee, approved a labor agreement negotiated by the United Auto Workers (UAW) with 96% support in a vote held on Thursday. This marks one of the most significant victories under UAW President Shawn Fain's leadership.\nThe Southern United States has long been a challenging region for union organizing. Since his election as UAW president in 2023, Fain has prioritized efforts to unionize factories across the South and nationwide.\nUnder the four-year agreement, employees will receive a 20% wage increase, along with improved healthcare benefits and job security.\n\"Volkswagen workers have overcome another major hurdle,\" Fain said in a statement.\nThe union's campaign at Volkswagen aimed to match the substantial gains made in Detroit in 2023, when Ford, General Motors, and Stellantis NV agreed to a 25% wage hike and cost-of-living adjustments following a six-week strike.\nThe UAW and Volkswagen spent approximately 18 months negotiating the terms of the contract for the company's sole U.S. plant, which produces the ID.4 electric SUV. A tentative agreement was reached earlier this month.\nVolkswagen stated, \"This milestone reflects our shared commitment to competitive wages, strong benefits, and the long-term success of our employees and operations.\"","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1102712955","isCrawlerRequest":true}