The United Auto Workers (UAW) may employ a strategy similar to the 1998 strike if they decide to strike against the Detroit automakers next month, potentially causing serious damage to the industry by targeting key component plants or focusing on one automaker while striking at plants that produce its bestselling vehicles.
The United Auto Workers (UAW) union has made a labor contract counterproposal to Ford Motor, while Chrysler parent company Stellantis plans to make its counteroffer this week, as talks intensify ahead of the expiration of the current labor agreements.
The article discusses the impending UAW strike and the potential impact on Ford and GM stock.
Nearly 1,000 Blue Cross Blue Shield of Michigan employees represented by the UAW went on strike, leading to longer wait times for customer service, as they failed to negotiate a new contract, while nearly 150,000 autoworkers at General Motors, Ford, and Stellantis threaten to walk out of factories and warehouses due to expiring contracts.
The United Auto Workers (UAW) union is rejecting the 21% pay hike offered by Stellantis, the parent company of Chrysler, as autoworkers from Ford, General Motors, and Stellantis went on strike demanding fair wages and improved benefits.
A strike from the UAW against GM, Ford, and Stellantis may lead to higher car prices and limited availability for certain models, impacting consumers and dealerships.
The ongoing UAW strike has dealerships concerned about their inventory and potential shortages, adding to the challenges of the pandemic and supply-chain issues in the auto market.
GM and Stellantis are laying off workers as a deadline approaches for a deal with the United Auto Workers (UAW) to avoid a strike, with GM idling its plant in Kansas due to a shortage of stampings from the UAW-striking Wentzville plant and Stellantis passing a new counterproposal to the UAW.
The UAW is threatening to escalate its strike against Big Three automakers GM, Ford Motor, and Chrysler parent Stellantis, which could have significant implications for the labor confrontation.
Ford, GM, and Stellantis face a new UAW deadline as negotiations between the United Auto Workers and auto makers intensify.
The United Auto Workers (UAW) made a new counter-proposal to Chrysler-parent Stellantis just one day before the planned strike, as talks between the union and the Detroit Three automakers continue with significant disagreements over key issues such as pay increases and compensation for electric vehicle workers.
The United Auto Workers' decision to strike midsize SUV plants at General Motors and Ford instead of targeting the plants that produce highly profitable pickups and large SUVs helped contain the damage to the auto parts suppliers, with Stellantis' last-minute intervention likely saving thousands of jobs in Michigan.
The United Auto Workers union has announced that Ford, General Motors, and Stellantis are likely to avoid an expansion of the ongoing strikes, as significant progress has been made in negotiations with GM regarding the future of auto jobs and the transition to electric vehicles.
The UAW strike against General Motors and Ford Motor Co. has led to layoffs at automotive parts supplier Sodecia Automotive Detroit, as well as at GM's Toledo Propulsion Systems, Lansing Regional Stamping, and Marion Metal Center facilities, and Ford's Livonia Transmission Plant, impacting a total of about 2,300 employees.
The United Auto Workers (UAW) has expanded its strike by calling 8,700 workers at Ford Motor Co.'s Kentucky Truck Plant to join the picket lines, increasing the total number of striking Detroit Three autoworkers to 34,000 and halting production at Ford's largest and most profitable plant, further impacting production at other Ford plants and suppliers, in an effort to gain a fair contract at Ford and the rest of the Big Three.
Ford executive chairman, Bill Ford, has called on the United Auto Workers (UAW) union to end their 32-day strike and reach a new labor agreement, warning of the growing impact to the automaker and the U.S. economy.
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