Tom Narayan, European autos and commercial truck analyst at RBC Capital Markets, and Ann Marie Uetz, partner and trial attorney with Foley, join 'Power Lunch' to discuss the latest with the UAW strike
United Auto Workers President Shawn Fain said Friday that Ford, General Motors and Stellantis will all avert an expansion of the UAW's work stoppages at this time, suggesting the unprecedented strikes
GM has agreed to place EV battery plants under the master contract between the two. Chrysler owner Stellantis has agreed to cost-of-living adjustments, the UAW said.

U.A.W. Does Not Expand Strikes at Automakers

02:48pm, Friday, 06'th Oct 2023
The United Automobile Workers said on Friday it had secured an important concession from General Motors regarding the contracts of workers at battery factories.
The United Auto Workers will not expand strikes against the Detroit automakers this week amid progress in the talks, UAW President Shawn Fain said Friday.
General Motors (GM) has nearly 20 million vehicles with dangerous airbag parts, which make it susceptible to a recall.
General Motors (GM) and Stellantis (STLA) might have to pay $6.5 billion and $3 billion, respectively, in US fuel economy fines, per Reuters.
Momentum stocks tend to be securities that are rising quickly and have a track record of consistent gains. These also tend to be stocks of well-known companies that have brand recognition and get a lo
General Motors says its offer to the UAW 'is a compelling offer that would reward our team members and allow GM to succeed and thrive into the future.'
Shares in General Motors Company (NYSE:GM) took the plunge on Thursday, as reports emerged that some 20 million of its vehicles could have been built with faulty airbags. According to the Wall Street
United Auto Workers President Shawn Fain to reveal Friday whether the union will expand its incremental strike against Ford, General Motors and Stellantis yet again.
General Motors Co. has presented its sixth contract offer to the striking United Auto Workers union. The new package represents progress on key issues, according to people familiar with the matter.
The Wall Street Journal reported that NHTSA wants some 20 million GM vehicles recalled.
Shares of Bank of America, Coca-Cola and NextEra Energy also slid to 52-week lows Thursday.
BK Asset Management's Boris Schlossberg, joins 'Power Lunch' to discuss three stocks: General Motors, Coca-Cola and Dominion Energy.
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