The UAW-Detroit automakers' contract expiration sparks intense labor tension, heralding potential industry-altering labor dynamics.
The United Auto Workers (UAW) union launched a strike on Friday after the union and General Motors (GM), Ford (F), and Chrysler parent Stellantis (STLA) failed to reach an agreement.
So much for the Big 3 automakers' labor strike spooking investors, as shares of General Motors Co. GM, +2.01% and Ford Motor Co. F, +0.83% both turned positive moments after Friday's opening bell, whi
Mohamed El-Erian, a Bloomberg Opinion columnist, comments on the UAW strike during an interview with Jonathan Ferro on "Bloomberg The Open." El-Erian's opinions are his own.
Shares of used car retailer Carvana Co. (NYSE:CVNA) soared on Thursday, gaining momentum ahead of a potential strike of auto workers against the Detroit Three carmakers General Motors Company (NYSE:GM
General Motors CEO Mary Barra said she's "frustrated" with the autoworker strike that began overnight, and said that her company has a "very compelling offer" for the union.
Stellantis has a need that GM and Ford don't – and there are signs that it has been preparing for a protracted battle with the UAW.
Here's the lowdown on what's happening with the worker strikes, why we've ended up here in the first place and how Wall Street took the news.
Harry Wilson, MAEVA Group CEO and former senior member of President Obama's auto task force, joins 'Squawk Box' to discuss the latest in UAW's targeted strikes, what it means for U.S. automakers and l
GM CEO Mary Barra and CNBC's Phil LeBeau join 'Squawk Box' to discuss the latest in the UAW strike, state of negotiations, the impact of the strike on the company, and more.

UAW Strike Exposes Detroit's Dysfunction

08:37am, Friday, 15'th Sep 2023
GM, Ford and Stellantis can afford a much bigger walkout than the United Auto Workers union has called, but for investors it isn't just about the financial cost.
UAW-GM workers were fighting plant closures in 2019. Four years ago, about 46,000 GM workers went on strike for 40 days.
A successful IPO by Arm Holdings helped spur investor enthusiasm sending both the S&P 500 and Nasdaq Composite higher by 0.8%.
CNBC's Phil LeBeau joins 'Squawk Box' with the latest news.
The United Auto Workers began a strike against all three of the legacy Detroit carmakers Friday, kicking off a potentially costly and protracted showdown over wages and job security. Craig Trudell rep
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