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UAW Strikes Mapped: Where Are Union Workers At Ford, GM And Stellantis Walking Out?
Tuesday, October 24, 2023 - 3:50pm | 1183The United Auto Workers (UAW) union initiated a simultaneous strike against the Detroit Big Three automakers — Ford Motor Co (NYSE:F), General Motors (NYSE:GM), and Stellantis NV (NYSE:STLA) — on Sept. 15, seeking improved compensation and other...
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UAW And Detroit Automakers Locked In Discussions Over EV Battery Plant, Wages, Unionization
Thursday, October 19, 2023 - 5:28pm | 561The United Auto Workers (UAW) union and the three major Detroit automakers — General Motors Co. (NYSE:GM), Ford Motor Co. (NYSE:F) and Stellantis N.V. (NYSE:STLA) — are at loggerheads concerning wage and union representation issues at upcoming electric vehicle battery factories...
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UAW President Says Tesla Is Not The Enemy In Auto Strikes: 'They're The UAW Members Of The Future'
Wednesday, October 18, 2023 - 3:11pm | 882An ongoing battle between the United Auto Workers union and the big three Detroit automotive companies continues to trigger work stoppages and potential trouble to revenue and profits for those affected. In the latest developments, the UAW president shared potential future plans and concerns...
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Bill Ford's Plea To End UAW Strike, Analysts See Near-Term Buying Opportunity On US Automaker Stocks
Monday, October 16, 2023 - 5:01pm | 711Bill Ford, the executive chair of Ford Motor Co (NYSE:F), warned Monday the potential impact of the continuing strike threatens not only Ford’s future but also that of the wider American automotive industry. During a press conference at the company’s Rouge Complex in Detroit, Ford, who...
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UAW Workers At Volvo's Mack Trucks Reject Contract, Opt For Strike
Monday, October 9, 2023 - 2:35am | 580Approximately 4,000 members of the United Auto Workers (UAW) at Volvo Group(OTC:VLVLY)-owned Mack Trucks have voted against a proposed contract, opting instead to go on strike, as reported by the UAW. Axios reported that the strike began at 7 a.m. on Monday after 73%...
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GM's Concessions Halt Additional Walkouts, UAW Says 'Strike Is Working, But We're Not There Yet'
Sunday, October 8, 2023 - 11:15pm | 614The United Auto Workers (UAW) has decided to suspend further strikes against the Detroit Three auto plants following a significant concession from General Motors (NYSE:GM). According to a Reuters report, GM has shown an unexpected willingness to allow union contracts to...
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Jim Cramer Predicts Ford May Move Production Amid UAW Strike: 'If They Don't Come To The Table Soon, Mexico Will Be In Play'
Friday, October 6, 2023 - 3:22am | 471Amid the United Auto Workers strike against Detroit’s Big 3, industry expert Jim Cramer has suggested that Ford Motor Company (NYSE:F) may consider moving additional production to Mexico. Cramer, speaking on “Squawk on the Street,” shared his belief that if the UAW...
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Detroit Automakers Are Bracing For A Lengthy Struggle
Thursday, October 5, 2023 - 12:09pm | 538UAW’s strike against General Motors (NYSE: GM), Ford Motor (NYSE: F) and Chrysler-parent Stellantis (NYSE: STLA) is now in its 20th day. Yesterday, GM secured a new $6 billion line of credit, revealing that targeted strikes have already cost the automaker $200 million during...
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The UAW Strike Is Yet Another Sign Of Changing Times For Automakers
Tuesday, October 3, 2023 - 9:46am | 621On Monday, General Motors (NYSE: GM) and Ford Motor (NYSE: F) revealed they will be laying off 500 workers from four of their Midwestern facilities as yet another consequence of the unprecedented UAW strike that kicked off on September 15th. Last week, Bloomberg reported that Tesla Inc (NASDAQ:...
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Ford CEO Sick Of UAW President Coverage: 'Been On The TV More Than Jake At State Farm'
Monday, October 2, 2023 - 4:13pm | 841The UAW strike enters day 18 with no end in sight, as more automotive factory workers join the picket lines. Ford Motor Company (NYSE: F) CEO Jim Farley is among the executives pushing back against the UAW demands. In a recent interview, Farley used a unique comparison to illustrate how much...
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Tensions Escalate In UAW Strike As Automakers Allege Violence And Misrepresentation
Friday, September 29, 2023 - 2:53am | 463Violence and intimidation on the picket lines of the ongoing United Auto Workers (UAW) strike have heightened as automakers express increasing frustration. Stellantis NV (NYSE:STLA) accused the UAW on Thursday of misrepresenting incidents involving non-replacement employees, reported CNBC....
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Former President Seeks Auto Union Endorsement At Michigan Rally: 'Tell Your UAW Leaders...They Have To Endorse Trump'
Thursday, September 28, 2023 - 4:29am | 527Former U.S. President Donald Trump has solicited the endorsement of the United Auto Workers (UAW) during a rally in Michigan while voicing criticism of electric vehicles and current political leadership. "Tell your UAW leaders — no problems with them — but they have to endorse Trump," he...
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Trump Pokes Fun At GOP Rivals While At UAW Rally: 'They're All Running For A Job'
Wednesday, September 27, 2023 - 11:30pm | 452Addressing the UAW rally in Michigan, former President Donald Trump took a jab at his Republican rivals attending the second GOP debate, hinting they may be vying for positions in his potential future administration. During his speech to Michigan autoworkers, Trump referred to his lead in the polls...
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Trump Downplays UAW Negotiations, Focusing On Predicted Job Losses From EV Shift: 'It Doesn't Make A Damn Bit Of Difference'
Wednesday, September 27, 2023 - 10:58pm | 445Former U.S. President Donald Trump has dismissed the significance of ongoing negotiations between striking union autoworkers and major car manufacturers, arguing that the move towards electric vehicles (EVs) will render such discussions irrelevant. “It doesn't make a damn bit of...
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GOP Senator Rallies Behind UAW Workers' Demands, Criticizes Union Leadership: 'Just Shut Your Mouth And Take Support'
Wednesday, September 27, 2023 - 5:18am | 606As nationwide strikes at auto manufacturing plants persist, some populist Republicans are demonstrating support for the United Auto Workers (UAW) demands, marking a break from their party’s traditional stances, Business Insider reported. The Republicans, however, continue to be...