Auto Industry Continues to Face Disruption as UAW Strike Drags On

Approximately 400 Ford employees temporarily laid off due to UAW strike impacts. Total Ford layoffs now around 1,330.

GM's costs from strike now $200M. Company has $6B line of credit.

UAW provided new counteroffer to GM on Monday. Details not released.

Ford made "strongest" offer yet on Tuesday, including wage increases and converting temps.

Stellantis made progress on issues like cost-of-living adjustments before latest strike expansion.