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United Auto Workers union boss set to announce next moves in strike against Ford, GM, Stellantis
02:10am, Friday, 06'th Oct 2023
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.
UAW Strike Against Detroit 3 Enters Day 21: Impact & Insights
11:16am, Thursday, 05'th Oct 2023
The UAW is expected to provide an update on the negotiations tomorrow, leaving us to wonder whether they will further expand the strike or make progress at the bargaining table.
Ford, GM Sales Rise in 3Q Despite UAW Strike, Stellantis Down Slightly
06:05pm, Wednesday, 04'th Oct 2023
Third quarter U.S. sales figures from the Big Three automakers indicate that an ongoing strike by the United Auto Workers (UAW) has had little impact on the companies' sales so far.
GM gets $6B line of credit to guard against a prolonged United Auto Workers strike
05:07pm, Wednesday, 04'th Oct 2023
General Motors Company (NYSE:GM) has secured a $6 billion line of credit 20 days into the United Auto Workers union strike, according to a filing with the Securities and Exchange Commission. The au
From Detroit Three automakers to healthcare, US labor unions flex muscle
10:55am, Wednesday, 04'th Oct 2023
A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits from workers and triggered strikes and protests across industri
Stellantis' 3Q sales slow as Chrysler's success can't outweigh declines elsewhere
05:58pm, Tuesday, 03'rd Oct 2023
Stellantis NV (NYSE:STLA, EPA:STLA) reported third-quarter sales Tuesday afternoon that fell 1% year-over-year. The maker of Chrysler, Dodge, Jeep, Ram and others sold 380,563 vehicles in the period.
UAW strike ripple effects: Former Ford CEO weighs in
04:39pm, Tuesday, 03'rd Oct 2023
Mark Fields, former Ford CEO, joins 'Power Lunch' to discuss the UAW strike ripple effects and which automakers can benefit from it.
UAW strike impact on stocks and industry, plus why more plants could be built in Mexico and Canada
01:41pm, Tuesday, 03'rd Oct 2023
The United Auto Workers (UAW) strike enters into its third week of picketing against Big Three automakers Ford (F), General Motors (GM), and Stellantis (STLA). While union representatives are seeing p
Ford, GM, Stellantis face US$10 billion hit from Biden fuel proposals
04:55am, Tuesday, 03'rd Oct 2023
Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA) could collectively be hit with fines worth well over US$10 billion under proposals on fuel econom
GM lays off 160 autoworkers in Indiana and Ohio as UAW strike continues
05:18pm, Monday, 02'nd Oct 2023
General Motors Company (NYSE:GM) said Monday that it is furloughing another 160 workers in connection with the United Auto Workers strike. 18 days into the strike, GM announced 130 cuts at its Parma
How a Prolonged UAW Strike Could Impact the Economy
02:52pm, Monday, 02'nd Oct 2023
If the United Auto Workers strike proves to be prolonged, the economic impact could be felt well beyond the motor-vehicle industry according to Bloomberg Economics. It found that each UAW striker coul
GM, Stellantis face $9.5 billion in fuel economy fines -- letter
01:35pm, Monday, 02'nd Oct 2023
The Biden administration proposal to hike fuel economy standards through 2032 would cost General Motors $6.5 billion in fuel economy fines and Chrysler parent Stellantis $3 billion, according to a let
UAW strike against Ford, GM, Stellantis cost US economy nearly $4B so far
12:05pm, Monday, 02'nd Oct 2023
The United Auto Workers' strike against Detroit's Big Three automakers is in its third week, and has so far cost $3.95 billion in losses to the U.S. economy.
From UPS to Detroit Three automakers, US labor unions flex muscle
09:59am, Monday, 02'nd Oct 2023
A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits from workers and triggered strikes and protests across industri
Ticking Time Bombs: 3 Auto Stocks to Dump Before the Damage Is Done
06:22am, Monday, 02'nd Oct 2023
The so-called “Big Three” auto companies have become auto stocks to sell. They have been impacted very negatively as a result of the ongoing United Auto Worker (UAW) strikes.
