The United Auto Workers will not expand its strike against Ford Motor Company (NYSE:F), General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA), as it has each of the past two weeks,
United Auto Workers President Shawn Fain did not announce any new strikes against Ford, General Motors and Stellantis on Friday during a Facebook Live announcement.
Shawn Fain says General Motors has made key concession on battery manufacture and does not announce additional strikes
CNBC'S Dom Chu joins 'Power Lunch' to report on the takeaways from UAW president's Facebook Live.
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

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.
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.
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.
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.
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
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 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.
Mark Fields, former Ford CEO, joins 'Power Lunch' to discuss the UAW strike ripple effects and which automakers can benefit from it.
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
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