Tesla Inc (NASDAQ:TSLA) shares are down about 6% this week despite the electric vehicle (EV) maker being seen as a “clear winner” in the United Auto Workers (UAW) union strikes against the Detroit
Auto workers are on the sixth day of their strike against the Big Three automakers: Ford (F), General Motors (GM), and Stellantis (STLA). As of now, there has been no notable progress in negotiations
The UAW and General Motors, Ford Motor and Stellantis are all holding their ground on demands, and it appears likely the union will strike additional plants.

Why the UAW Strike Could Boost Auto Stocks

11:20am, Thursday, 21'st Sep 2023
The Big 3 is in a labor bind…and some investors are starting to bet against General Motors (NYSE:GM), Ford (NYSE:F) and Chrysler owner Stellantis (NYSE:STLA) as the United Auto Workers strike drags

UAW Could Expand Strikes on Friday

10:54am, Thursday, 21'st Sep 2023
The United Auto Workers union is stepping up pressure on Detroit's Big Three by threatening to expand its strike unless it sees major progress in contract negotiations by Friday. Meanwhile, the union
The United Auto Workers union's strike against Ford, General Motors and Stellantis has caused work stoppages and layoffs at some of the automakers' facilities and their suppliers.
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The United Auto Workers says Stellantis NV made a new contract offer, while officials of General Motors Co. say the union's demand remains too high. Su Keenan reports on Bloomberg Television.
General Motors Company (NYSE:GM) and Stellantis NV (NYSE:STLA, EPA:STLA) have laid off workers less than a week into the United Auto Worker's strike on the big three automakers.  GM announced Wedne
Fed Chair Jerome Powell answers questions from reporters after announcing the Fed would keep interest rates unchanged in September.
CNBC's Phil LeBeau joins 'The Exchange' to discuss layoffs from Stellantis and General Motors following the UAW strike, Ford's resolutions with auto workers in Canada, and the ongoing struggle to reac
The strike began on Sept. 15 at three plants, but could expand if contract talks remain bogged down.
The UAW's strike is already affecting other GM and Stellantis factories, where nearly 2,400 workers were laid off on Wednesday.
Stellantis is immediately laying off 68 employees at the Toledo Machining Plant in Perrysburg, Ohio, due to the impact from the United Auto Workers union's targeted strike at the Toledo Assembly Compl

Stellantis lays off 68 workers at the Toledo plant

12:34pm, Wednesday, 20'th Sep 2023
CNBC's Phil LeBeau reports on news from Stellantis.
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