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Boston Herald
Boston Herald
25 Aug 2023
The Associated Press


NextImg:Ticker: Auto workers vote overwhelmingly to let union leaders call strikes against Detroit companies; Hawaiian Electric shares plunge after utility is sued over devastating Maui fires

LOUISVILLE, Ky. — Auto workers have voted overwhelmingly to give union leaders the authority to call strikes against Detroit car companies if a contract agreement isn’t reached.

The United Auto Workers union said Friday that 97% have voted in favor of authorizing one or more strikes against Stellantis, General Motors and Ford. Such votes are almost always approved by large margins.

Contracts between the union representing about 146,000 workers at Stellantis, General Motors and Ford expire at 11:59 p.m. on Sept. 14. Fain said earlier this week that negotiations with the companies are not progressing fast enough. But he also said a strike is not inevitable.

Shares of Hawaiian Electric Co.’s parent fell more than 18% by market close Friday, one day after the utility was sued by Maui County over the fires that devastated Lahaina earlier this month.

Maui County accused Hawaiian Electric of negligently failing to shut off power despite exceptionally high winds and dry conditions — saying that the destruction from the deadly Aug. 8 fires could have been avoided if the company had taken essential actions.

In the weeks since the fires — which killed at least 115 people and left an unknown number of others missing — broke out, Hawaiian Electric Industries Inc.’s market capitalization has fallen from $4.1 billion to $1.1 billion.