Canadian automakers have joined their U.S. counterparts in authorizing strike action should union negotiators fail to secure new collective agreements before they expire in the coming months.

Strike (Big) 3?

10:35am, Monday, 28'th Aug 2023
A potential U.S. auto strike has significant implications for the economy, earnings and inflation. From January through July, there were 214 strikes in the U.S. involving 325,000 workers, compared to

Ford Stock Skids Further into Value Territory

07:12am, Monday, 28'th Aug 2023
Major automaker Ford Motor Co. NYSE: F shares have been facing pressures, sending its stock down to May 2023 levels. Shares are still trading up 7% for the year.
Canadian union Unifor said on Sunday that its members had voted for strike mandates against the Detroit Three automakers that would authorize their bargaining committees to take job action, if needed,

Ford Share Crash

09:24am, Sunday, 27'th Aug 2023
It may be a looming strike. It may be a concern about a successful EV future.
Automakers around the world are working overtime to pivot to electric vehicles and phase out gasoline-powered models. The market for EVs looks enormous, with Fortune Business Insights forecasting that
Former Home Depot CEO Bob Nardelli weighs in on what could happen if United Auto Workers strike at three Detroit automakers and discusses the rise in retail theft.  https://bit.ly/2D9Cdse Watch more
Contracts between the Detroit car companies and the United Auto Workers are set to expire within weeks, setting the stage for a possible strike. LOUISVILLE, Ky.
Union workers at General Motors Co. (GM), Stellantis N.V. (STLA) and Ford Motor Co. (F) voted almost unanimously to authorize a strike, bringing the automotive industry one step closer to a labor stop

UAW Authorizes Strike Against Ford, GM. Yawn.

01:30pm, Friday, 25'th Aug 2023
The United Auto Workers voted overwhelmingly to authorize a strike against Detroit automakers. It was a widely expected move, and negotiations are ongoing.
An overwhelming 97% of the UAW union's roughly 150,000 workers at Ford, General Motors and Stellantis voted in favor of the strike authorization.
While strike authorization votes are a common bargaining tool in the US auto sector and other industries, the tension surrounding this year's contract talks in Detroit is new.
The United Auto Workers Union announced Friday its strike authorization vote passed with "near universal approval" from its 150,000 members at Ford, General Motors and Stellantis.
Members of the United Auto Workers (UAW) union voted in favor of authorizing a strike at the Detroit Three automakers if an agreement over a new contract is not reached before the current one expires
UAW members overwhelmingly granted union leaders authorization to strike during ongoing contract negotiations with GM, Ford and Stellantis, if warranted.
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