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Reporter United Autoworkers Union is asking for a 40 pay hike but so far automakers have offered half of that. The initial demand for over 100 million, we still have a ways to go with the offer they put on the table. Reporter mary baer told cbs news the companys need to step up their investment in new technology as vehicles transition from gas to ev. President biden says he hopes both sides return to the negotiating table and he said the acting labor secretary and sr. Adviser to detroit. With each passing day, economists say the strike could be felt by all americans. The best estimates we have seen as far as the cost, could potentially be upwards of 5 billion. Of total damage in the first 10 days. Reporter leaders say they expect to be at the bargaining table saturday and are awaiting a response on their counter offer. President biden was in contact with both union reps and
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