United Auto Workers are set to strike at Ford, General Motors and Stellantis after turning down each of the Detroit automakers' latest contract offers.
Economist Kevin Hassett provides insight on electric vehicles, climate policy and the auto industry on ‘Kudlow.’is readying plans to strike against Detroit's Big Three automakers after rejecting Ford, General Motors and Stellantis' latest contract offers with only hours remaining for negotiations before Thursday's midnight deadline.
Shawn Fain, president of the United Auto Workers , center left, walks with demonstrators during a UAW practice picket outside the Stellantis Mack Assembly Plant in Detroit Aug. 23., 2023. United Automobile Workers President Shawn Fain speaks as UAW members and their supporters gather for Solidarity Sunday at the UAW Region 1 office in Warren, Mich., Aug. 20, 2023.
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Would a United Auto Workers strike provide an opportunity for Tesla — and push up used-car prices?The current UAW contract with Ford, General Motors and Stellantis expires within days.
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UAW Threatens Strikes Against Stellantis, GM, And Ford, Could Cost Them $5 BillionThe UAW is asking for 40% pay increases as well as 32-hour work weeks
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Ford, uniquely exposed to a strike, makes a last ditch effort.CEO Jim Farley and executive chairman Bill Ford both showed up to the negotiating table with UAW earlier this week in an effort to avert a strike, the company said in a statement. (UAW President Shawn Fain was a no-show, Ford says.) Ford wants to be seen as pulling out all the stops. But it’s also true that Ford employs the most UAW members of all the “Big Three” automakers, leaving the company uniquely exposed to the economic fallout from a strike. The deadline to reach a deal is tonight at 11:59PM. Tick tick tick.
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Ford CEO rebuffs UAW leader's criticisms as strike deadline on Thursday approachesFord CEO Jim Farley rebuffed comments by United Auto Workers President Shawn that the company is not taking bargaining seriously.
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UAW strike: These Ford, GM plants are the most likely targetsUAW strike could break with tradition and focus on Ford, GM assembly lines making America's most sought-after vehicles.
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