United Auto Workers President Shawn Fain told members to be ready to implement what the union is calling a “stand-up strike” against the big three Detroit automakers. If a new contract is not reac
The UAW president said Ford has offered a 20% increase over the four years of the deal, followed by GM at 18% and Stellantis at 17.5%
The United Auto Workers labor union is considering strikes at certain Ford, General Motors and Stellantis plants if new contracts with the manufacturers are not reached by the deadline.
The United Auto Workers strike deadline against the Big Three automakers, Ford (F), General Motors (GM), and Stellantis (STLA), is just over 24 hours away. CFRA Equity Analyst Garret Nelson joins Yaho
UBS is initiating coverage on 13 US auto stocks, citing transformative forces shaping the sector, including electrification, software-enabled vehicles, and automated driving. Legacy OEMs General Motor
As Detroit automakers and labor leaders scramble to hammer out a contract that will shape the future of the US auto industry, former Ford CEO Mark Fields has words of caution for both sides.
The UAW is considering a break with tradition, moving to targeted strikes at specific Ford Motor Co., General Motors Co. and Stellantis NV plants, and there are no better candidates than the ones maki
The United Auto Workers threaten to strike at the plants of the Big Three automakers — Ford (F), General Motors (GM), Stellantis (STLA) — in the hopes of disrupting incoming profits and negotiate
The United Auto Workers union intends to begin targeted strikes at specific plants against the big three Detroit automakers if tentative contracts aren't reached by midnight Thursday, according to uni

Ford, General Motors Pop After UBS Bull Notes

10:32am, Wednesday, 13'th Sep 2023
UBS initiated coverage on 13 auto stocks.
The UAW union will strike against the Detroit automakers if deals aren't reached by an 11:59 p.m. ET Thursday deadline, UAW President Shawn Fain said Wednesday.
The economic macro now favors shares of Ford Motor and General Motors over Tesla, writes UBS analyst Joseph Spak.
UBS initiated coverage of 13 auto stocks, as the broker said investors should focus on growth opportunities and not a looming strike.
Targeted strikes are ones that only have work stoppages at certain plants, many times over local contract issues.
General Motors is positioned for rapid growth in the electric vehicle market, with plans to increase its EV production volume to 1 million vehicles in NA by 2025. The company's EV sales are benefiting
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