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' potential strike could cost the U.S. economy $5 billion and disrupt production at certain UAW factories, particularly targeting Ford's popular F-150 pickup truck, potentially leading to higher prices and affecting the broader auto industry.
Approximately 146,000 U.S. auto workers are poised to go on strike if General Motors, Ford, and Stellantis fail to meet their demands for substantial pay raises and restored benefits, potentially causing significant disruptions in auto production and impacting the U.S. economy.
A potential strike by the United Auto Workers union against Ford, GM, and Stellantis could cost the economy $5.6 billion and impact Biden's chances in the election, as it may drive up inflation and push Michigan into a recession.
Car dealerships are preparing for potential strikes by the United Auto Workers against Ford, General Motors, and Stellantis, which could lead to inventory shortages and higher prices for both new and used cars.
A potential strike by the United Auto Workers could have wide-ranging economic impacts, including higher car prices and job losses at suppliers, with a prolonged strike even potentially pushing the economy toward a recession.
General Motors and Ford saw slight decreases in their stock prices while Stellantis experienced a small increase after the United Auto Workers initiated a strike, with approximately 12,700 workers walking out at key assembly plants.
More than 12,000 workers at the Big Three automakers are on strike in Michigan, Ohio, and Missouri due to inadequate wages and benefits, demanding higher pay and an end to the tiered employment system.
The United Auto Workers' strike has led to temporary layoffs for 600 workers at Ford's Michigan plant and is expected to affect 2,000 workers at General Motors' Kansas plant, with no compensation provided by the companies.
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.
Stellantis' contract proposal to the United Auto Workers union could result in the closure of 18 U.S. facilities, including 10 parts and distribution centers, while also repurposing an idled vehicle assembly plant in Illinois and creating a new parts and distribution network.
Stellantis is laying off 68 workers at its Ohio plant due to the United Auto Workers' strike, and anticipates more layoffs at other facilities, as talks between the union and automakers have not resulted in significant breakthroughs.
General Motors has idled a manufacturing plant in Kansas and laid off nearly all of its employees due to a strike at another GM facility, while Stellantis has also laid off workers in Ohio and Indiana due to storage constraints.
The United Auto Workers' targeted strikes have a limited current impact on the U.S. economy, but the possibility of a full walkout could have significant economic costs for auto giants Ford, General Motors, and Stellantis.
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.
A prolonged UAW strike against the Big Three auto companies in Michigan could result in the loss of more than 150,000 jobs and over a billion dollars in personal income, as well as potentially bankrupting the automakers if the union's demands are met, according to experts.
The ongoing United Auto Workers strike against the Big Three automakers could result in gains for Tesla and foreign automakers as Ford, GM, and Stellantis face challenges in transitioning to electric vehicles and potentially raising prices, according to Wedbush analysts.
The United Auto Workers union is expanding its strike against major automakers by walking out of 38 General Motors and Stellantis plants in 20 states, citing demands for higher wages and shorter working hours.
The United Auto Workers' strike against GM and Stellantis expands as thousands of workers walk off the job at distribution centers, demanding better wages and job security.
The United Auto Workers (UAW) expanded their strike to include additional GM and Stellantis parts distribution centers, adding 5,600 workers and demanding wage increases and an end to tiered-wage scales, while Ford was spared due to progress in talks with the automaker.
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 ongoing strike by the United Auto Workers against Ford, General Motors, and Stellantis has cost the U.S. economy nearly $4 billion in total losses, with workers, automakers, dealers, customers, and suppliers experiencing significant financial impacts.
The United Auto Workers' phased strike strategy against the Detroit Three automakers is causing job losses and economic risks that will continue to escalate if more factories and facilities join the strike, potentially leading to a negative fourth quarter for the US economy.
The ongoing strikes in the U.S., including those in the entertainment industry and by the United Auto Workers, are causing significant economic losses and have raised concerns about a potential recession, with estimates suggesting damages of up to $10 billion and fears of reduced productivity, spending, and hiring.
The U.S. steel industry is being negatively impacted by the United Auto Workers' strike against Detroit's automakers, causing a decline in steel demand and a significant drop in prices.
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 United Auto Workers' strike against Detroit's Big Three automakers has cost the U.S. economy $5.5 billion, making it the most expensive auto industry strike of the century.
Chrysler-parent Stellantis is laying off 570 workers and General Motors is cutting nearly 200 employees due to the ongoing United Auto Workers strike.
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.
Jeep maker Stellantis has laid off over 500 workers at its Trenton Engine Complex in response to the United Auto Workers' strike at its Wrangler and Gladiator plant, contributing to the total of 2,230 layoffs caused by the strike across various automakers in Detroit; losses from the strike have reached a record-setting $5.5 billion.
Ford, General Motors, and Stellantis have laid off a total of over 4,800 employees as the United Auto Workers strike against Detroit's Big Three automakers continues into its fourth week.
The United Auto Workers strike continues into its fourth week, leading to layoffs of hundreds of factory workers at General Motors, Ford, and Stellantis plants, with a combined total of around 4,835 strike-related layoffs by the Big Three automakers.
The United Auto Workers union escalated its strikes against Detroit Three automakers by walking off their jobs at Ford's Kentucky truck plant, affecting the largest and most profitable Ford plant in the world.
The United Auto Workers' strike at Ford's Kentucky Truck plant is increasing pressure on Stellantis and General Motors as contract negotiations continue, potentially signaling the endgame of coordinated walkouts at the Detroit Three.
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.
The United Auto Workers' strike at Ford's Kentucky truck plant raises concerns about the spread of the economic effects of the work stoppage and the potential for more aggressive strikes against other automakers such as GM and Stellantis.
Around 300 workers at Ford's Sharonville transmission plant will be temporarily laid off due to a decrease in demand caused by strike actions in other Ford factories, while the strike by United Auto Workers (UAW) continues to impact over 30,000 autoworkers and disrupt auto production in the US.
Thousands of United Auto Workers Union members are in their fifth week of striking against the Detroit Three automakers, with 8,700 workers at Ford's largest plant walking off the job and risking the company losing approximately $30 million per day in profit.
