![]() ![]() autoworkers on manufacturing production lines earned about $28 an hour in August, up $1 from the previous year, according to data from the Bureau of Labor Statistics.Īdjusting for inflation, autoworkers have seen their average wages fall 19.3% since 2008, according to Adam Hersh, senior economist at the left-leaning Economic Policy Institute. In general, factory workers are not salaried, but receive an hourly wage. UAW President Shawn Fain said members deserve hefty pay raises, emphasizing that the auto companies have brought in billions of dollars in profit and boosted CEO pay in recent years. ![]() When their existing labor contract expired at midnight Thursday, United Auto Workers began a strike against Detroit's Big Three automakers after being unable to navigate a major speed bump in what have been contentious negotiations: pay.įord, General Motors and Stellantis (formerly Fiat Chrysler) have spent weeks in talks with the UAW, mulling over details of a new labor contract that also has major implications for the U.S. Visit for more information.Īmerican Honda Finance Corporation, operating as Honda Financial Services SM and Acura Financial Services ®, helps to satisfy the financing needs of consumers of Honda and Acura passenger cars and light trucks, as well as Honda motorcycles, powersports products, marine engines, and power equipment products.United Auto Workers union strikes against Big Three automakers 03:33 Junior Achievement USA is a member of JA Worldwide. ![]() Today, JA reaches more than 3 million students per year in 105 markets across the United States, with an additional 5.2 million students served by operations in 100 other countries worldwide. JA programs are delivered by corporate and community volunteers, and provide relevant, hands-on experiences that give students from kindergarten through high school knowledge and skills in financial literacy, work readiness, and entrepreneurship. Junior Achievement is the world's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. “The lessons taught by Junior Achievement will help teens make smart financial decisions throughout their lives, and we’re proud to be a part of that mission.” “ JA All About Cars combines two things we are passionate about at AHFC: cars and financial literacy,” said Petar Vucurevic, Vice President of American Honda Finance Corporation. Students will consider their needs and wants to make a real-world connection to the car-buying experience, motivating them to make good financial decisions when buying or leasing. The new learning module, the ninth in the JA Personal Finance series, is offered through live webinars facilitated by finance professionals who volunteer their time. JA All About Cars introduces students to the essential costs related to buying and operating a first car and offers tips on being a smart consumer when purchasing a vehicle. Thanks to the support of American Honda Finance Corporation, we can provide teens with the critical information they can use to make more informed decisions when it comes to vehicle ownership.”īuying your first car is both exciting and daunting. “Not only is there the possibility of taking out a loan, but there’s insurance, maintenance costs, and upkeep. Kosakowski, President and CEO of Junior Achievement USA. “For many teenagers, purchasing a vehicle is one of the first major expenses they will have,” said Jack E. The new module is available to more than 100-thousand students who participate in the JA Personal Finance and JA Finance Park programs offered in numerous schools across the country. Colorado Springs, CO – Today, Junior Achievement USA (JA) and American Honda Finance Corporation (AHFC) announced the launch of JA All About Cars™, a new learning module in the “JA Personal Finance” curriculum for high school students that explores the personal finance considerations that go into purchasing a vehicle. ![]()
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