The union's president, Shawn Fain, said negotiators were nowhere near an agreement and ruled out a contract extension while talks continued.
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.
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 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
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.
Targeted strikes are ones that only have work stoppages at certain plants, many times over local contract issues.
Talks between the Detroit Three automakers and United Auto Workers union are nearing a Thursday night deadline to reach a deal on a new contract before a potential walkout by 146,000 U.S. autoworkers.

Tesla's Supercomputer Dojo Propels These ETFs

12:50pm, Tuesday, 12'th Sep 2023
Tesla's supercomputer Dojo is expected to fuel a 76% rally in the market capitalization of the EV maker. Look into Tesla-heavy ETFs as Morgan Stanley upgrades its recommendation for Tesla.

Market Eagerly Awaits CPI Numbers for August

12:05pm, Tuesday, 12'th Sep 2023
Market Eagerly Awaits CPI Numbers for August.

An Auto Worker Strike Could Raise Car Prices

11:48am, Tuesday, 12'th Sep 2023
As the United Auto Workers prepare for a possible strike, the fallout could result in higher prices for car buyers. Joel Levington, Global Director of Credit Research for Bloomberg Intelligence, expla
Wall Street analysts are viewing potential strikes by the UAW union against the Detroit automakers as largely manageable, even investment opportunities.
The United Auto Workers are likely to strike this week, Wedbush analysts believe, and it would be a disaster for the big three Detroit automakers.  The UAW is negotiating separately with General Moto
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