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.
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 threat of a full walkout by United Auto Workers (UAW) poses a potential economic impact of over $5 billion on auto giants Ford, General Motors, and Stellantis, with laid-off workers and higher car prices among the consequences.
The migration of automakers to the anti-union South and the shift to electric vehicles is threatening the United Auto Workers (UAW) union, as fewer plants in the South are unionized and EV jobs pay less than traditional auto jobs, raising concerns about lower compensation and the future of unions in the auto industry.
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 United Auto Workers union is set to escalate their strike against the Big Three automakers in an effort to combat stagnant wages and other concessions, with UAW President Shawn Fain expected to announce which plants will join the strike next.
Despite expanding its strike against GM and Stellantis, the United Auto Workers (UAW) union has decided not to expand the number of Ford workers on strike due to progress in negotiations with Ford.
The UAW strike targeting GM and Stellantis dealerships threatens parts delivery and could leave customers waiting indefinitely for repairs.
Ford, GM, and Stellantis face a new UAW deadline as negotiations between the United Auto Workers and auto makers intensify.
United Auto Workers (UAW) leaders met with Stellantis, the parent company of Chrysler, Dodge, Jeep, Ram, and Fiat, as negotiations continue during the 14th day of the strike against the Detroit Three automakers.
The 2023 UAW strike at Ford Motor Co. has resulted in unexpected layoffs at two new sites, as a ripple effect from the strike at the Chicago Assembly Plant.
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) called for a surprise strike at Ford's Kentucky Truck Plant, affecting about 9,000 workers, in an effort to push for a fair contract.
UAW's surprise strike at Ford's Kentucky Truck Plant could have significant consequences for the automaker and the industry as a whole, as it targets some of Ford's most profitable and expensive products, potentially forcing Ford to come to the negotiating table quicker.
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 (UAW) union is ready to add more workers to its picket lines at any time as negotiations with the Big Three automakers enter a new phase, marking a tactical shift in the strike strategy. The union aims to speed up progress in negotiations and put pressure on the automakers to meet their demands for higher wages and benefits.
The United Auto Workers (UAW) president, Shawn Fain, announced that the union is prepared to expand its strike against the Big Three automakers at any time, marking a new phase in their fight for better contracts.
The United Auto Workers (UAW) strike's demands include a 40% wage increase and job security concerns due to the transition to electric vehicles, potentially impacting the economics of the auto industry and leading to higher car prices, giving nonunion automakers like Tesla a competitive advantage; however, the strike is not expected to put the auto companies out of business and a resolution may be likely in the near future.